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The difference between life-cycle pension fund and static allocation fund
The difference between the two is that the investment strategy and investment risk are different.

1. Different investment strategies: Life-cycle pension fund is an important type of FOF, which has a specific investment object and automatically adjusts the asset allocation ratio according to the change of "life cycle". Static allocation fund has no specific investment object, and its asset allocation ratio will not change with time.

2. Different investment risks: Lifecycle pension funds can automatically adjust the asset allocation ratio over time, which can spread risks. Static allocation funds do not have the function of automatically adjusting the asset allocation ratio over time, so the risk is greater.