No, equity funds are floating income. Stock funds mainly earn the bid-ask difference, buy at a low price and sell at a high price to gain income. For example, when investors buy a fund, the price is 1 yuan, and when they sell it, the price is 1.2 yuan. Without handling fees, investors earn the price difference in 0.2 yuan for each fund.

Equity funds mainly invest in a basket of stocks, and the rise and fall of the fund is determined by the stocks invested. When the stock invested goes up, the fund goes up; when the stock invested goes down, the fund goes down, and the fund's ups and downs are uncertain.