There are several types of open-end funds: currency, bond, capital preservation and stock. There is no redemption fee for the money fund, and the income is equivalent to six months to one year's deposits, which can be redeemed at any time without loss. The subscription and redemption costs of bond funds are relatively low, and the income is generally greater than that of money funds, but there is also a risk of loss, and the loss will not be great. Stock funds have the highest subscription and redemption costs, and the fund assets are stocks. When the stock market falls, the fund will have the risk of losing money, but when the stock market rises, there will be gains. Through long-term investment, the average annual return of stock funds is about 18%~20%, and that of bond funds is 7%~ 10%.
The choice of fund can be based on fund performance, fund manager, fund scale, fund investment direction preference and fund charging standard. Online ranking of fund performance. Steady stock funds can choose index or ETF. It is best to choose back-end payment for fixed investment, and the index funds with the same target choose low management fees and custody fees.