2. The capital preservation fund is a low-risk fund. Among all the existing fund products, the investment risk of the capital preservation fund is the lowest, because the capital preservation fund ensures that investors can get the principal protection when holding the fund. Specifically, the capital preservation fund has the following characteristics:

(1) principal guarantee. Because the core feature of the capital preservation fund is that investors can get the principal guarantee when the fund expires, investors can avoid the loss of principal by investing in the capital preservation fund. In terms of risk characteristics, the investment risk of capital preservation fund is obviously lower than that of other funds, which is especially suitable for those investors who can't afford the loss of principal but want to participate in the securities market investment to a certain extent.

(2) semi-closed. The capital preservation fund stipulates a guarantee period, and fund holders can only get the guarantee of capital preservation when they hold the capital preservation fund, but they can't get the guarantee of capital preservation when they redeem it during the guarantee period. Investors should not only bear the risk of fund net value fluctuation, but also pay higher redemption fee. In addition, the subscription of funds is generally not accepted during the warranty period. This semi-closed nature makes the capital preservation fund more suitable for investors who aim at medium and long-term investment.

(3) Value-added potential. By investing in stocks or various financial derivatives, capital preservation funds can ensure the safety of investors' principal and share the benefits of the securities market. Compared with bank deposits or national debt investment, capital preservation funds have higher appreciation potential, and have higher expected returns while ensuring the principal return.

3. As long as the principal guarantee 100% or more is clearly stated in the fund contract of the capital preservation fund, you will definitely not lose money if you invest in the capital preservation fund and hold it at maturity. The capital preservation fund can ensure that investors can get back at least the principal when they hold the fund. On the one hand, the capital preservation fund can ensure that the net asset value of the fund can remain above the principal on the maturity date through the investment strategy based on capital preservation. On the other hand, the Capital Protection Foundation introduces commercial banks, insurance companies or other professional guarantee institutions to provide third-party guarantee for the principal guarantee. If the net value of the expired fund is lower than the principal, the guarantor will ensure that the investor can get back all the principal. With this double guarantee, investors don't have to worry about the loss of principal at all.

Of course, investors who invest in capital preservation funds still need to pay attention to two points:

First, the capital preservation guarantee of the capital preservation fund is for investors who hold the fund due, and for those investors who redeem it in advance before the expiration, they can only redeem their fund shares according to the net value of the fund at that time. In this way, they have to bear the risks brought by the fluctuation of the fund's net value, and they can't guarantee no loss, and they also need to pay a higher redemption fee.

Second, some capital preservation funds may only guarantee a part (such as 95%) of the principal in the guarantee clause in order to improve the fund's ability to share the proceeds from the securities market. In this case, investors will get back at least a certain proportion (such as 95%) of the principal when the fund expires.