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What fund should I buy under the expectation of RMB depreciation?
Exchange Fund and Gold Fund.

1, Exchange Fund: The Exchange Fund invests in the foreign exchange market and can resist the impact of RMB depreciation by investing in multinational companies and bonds.

2. Gold Fund: Gold is regarded as a safe-haven asset, which performed well during the period of currency depreciation and economic turmoil. Investing in gold funds can be used as an option to hedge against RMB depreciation.