According to different investment objects, it can be divided into stock funds, bond funds, hybrid funds and money funds. Hybrid funds usually belong to medium-risk varieties in securities investment funds, and their expected risks and returns are usually higher than bond funds and money market funds, but lower than stock funds.
Hybrid funds also invest in stocks, bonds and other objects, with a view to achieving a balance between income and risk through investment in different asset classes. The expected risk of hybrid funds is lower than that of equity funds and the expected return is higher than that of bond funds.
The investment risk of hybrid funds mainly depends on the proportion of stocks and bonds. Generally speaking, partial stock funds and flexible allocation funds have higher risks, but the expected rate of return is also higher.
The risk of partial debt fund is low and the expected rate of return is also low. Equity-debt balance fund has moderate risk and return. The risks and returns of Yinhe Innovation and Growth Hybrid Fund are higher than those of bond funds and money market funds, which belong to high risks and high returns.