Safe financial management of short- and medium-term debt.

1. Stable credit rating: The credit rating of short- and medium-term bonds is high, such as AAA or above, which means that the debtor has high solvency and therefore low default risk.

2. Short maturity: The maturity of short- and medium-term bonds is between 1 and 5 years, which makes the bonds highly liquid and investors can easily sell bonds when they need funds.

3. Short- and medium-term bond funds are fund products with returns and risks between bond funds and money market funds.

Its liquidity is lower than that of money funds, and its risk characteristics are close to those of bond funds.

In the long run, short- and medium-term debt funds are highly volatile and have a high probability of losses.

However, compared with stock funds, the principal of short- and medium-term bond funds is safer and more liquid, and is generally a low-risk product.