I. R 1 and R2 levels
The investment scope of R 1 and R2 is basically the same. R 1 is generally a product with guaranteed expected return, while R2 is generally a product with floating expected return, and will not promise to guarantee the principal. The investment direction of these two grades is generally low-risk products such as bank loans, corporate or national bonds.
Second, the R3 level.
R3 products generally combine some investment products with some volatile financial products such as stocks, commodities and foreign exchange for asset allocation. The proportion of high-risk products does not exceed 30%, and the expected return fluctuates to some extent.
Three. Horizontal R4
R4 products are generally invested in financial products with large fluctuations such as stocks, gold and foreign exchange, and the proportion can exceed 30%. The principal is not guaranteed, the risk and expected return are large, and the expected return fluctuates greatly.
Fourth, R5 level.
This level of products can be fully invested in high-risk financial products such as stocks, foreign exchange and gold, and can be invested through derivatives and leverage amplification. The principal risk is extremely high, the expected return fluctuates and the expected return is also high.
Five, according to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund unit can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds.
(4) According to different investors, it can be divided into four categories: money fund, bond fund, mixed fund and stock fund.