Hybrid funds can be divided into partial stock hybrid funds, flexible allocation hybrid funds, partial debt hybrid funds and capital preservation hybrid funds. Flexible allocation fund refers to a fund that invests in a large proportion of flexible allocation between stocks and bonds according to the fund contract.
Some flexible allocation funds set the upper limit of stock investment at 95%, while others set the upper limit of stock investment at 80%. However, fund managers are allowed to flexibly adjust the proportion of stocks and bonds according to market changes.
Extended data:
According to different standards, securities investment funds can be divided into different types:
1, which can be divided into open-end funds and closed-end funds according to whether the fund units can be increased or redeemed. 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 difference of investment risk and income, it can be divided into growth fund, income fund and balanced fund.
4, according to the different investment objects, can be divided into stock funds, bond funds, money market funds, futures funds, etc.
Baidu encyclopedia-fund