If you bought the fund before 2007 and have held it ever since, you can get at least 10% income. However, if you start buying funds after 2007 and have been holding them ever since, the probability of your loss will exceed 70%, many of which are stock-based hybrid funds. The extent of the loss is over 20%. The probability of earning more than 10% is less than 15%. Profits are basically debt-oriented. If you deposit 10000 yuan in cash in the form of one-year fixed deposit at the beginning of 2007, take out the interest after each year and deposit the principal in the same way, then in a few months, your overall income in the past five years will outperform 85% of the funds in the market at the same time. Regardless of the fixed investment for three or five years, it is possible to lose money. On the one hand, due to the fluctuation of stock index, the profit and loss change greatly. On the other hand, it also depends on the trading level of fund managers. Managers who have experienced the conversion of bulls and bears can further investigate, and some managers are very unreliable! No one can give you a promise to guarantee the return of the fixed investment of the fund. Fund investment itself is risky, and everything is unknown. Even if we take past performance as a reference, some parameters change, which can only be used as a reference in the end. Fixed investment funds should have strategies: look at fund products, look at fund managers, look at past performance, look at formulating strategies and look at exit mechanisms. According to WIND's statistics, as of May 30th, 20 12, 2 19 open-ended partial stock funds suffered overall losses in recent five years, with an average decline of 4.83% in the same period. In other words, the overall performance return of the above-mentioned funds established for more than five years is still a loss. There will still be losses in fixed investment.