The rise and fall of hybrid funds is determined by the investment target. The decline of the index does not mean the decline of the investment target of mixed funds. When the investment target of the hybrid fund rises, the hybrid fund will rise.

Hybrid fund is a kind of fund, and there is no clear investment direction. It can invest in stocks, bonds and money markets at the same time. According to the proportion of investment, it can be divided into: partial stock fund, partial debt fund, balanced fund and allocation fund. At present, most hybrid funds in the market are partial stock funds.