Depends on what kind of return you want. If you don't want to take risks, you can choose a money fund, which can basically protect your capital, but the relative income will be smaller. Money market funds only invest in money market instruments, and the net share value is always maintained at one yuan, with low risk, low income, high liquidity and low cost.

Bond funds, the investment direction of such funds is bonds. If the funds are pure bonds, they can basically protect the capital. If it is a partial stock, it will invest a small amount in stocks. Bond funds mainly invest in all kinds of bonds, with higher risks than money market funds and lower risks than equity funds. Bond funds obtain stable interest income by investing in bonds such as government bonds and corporate bonds, which has the characteristics of low risk and stable income.

Equity funds, following the rise of the market index, are relatively risky and have relatively high returns. Stock fund is a fund with stocks as its main investment object. Through expert management and portfolio diversification, equity funds can spread risks to a certain extent, but the risk of equity funds is still the highest among all fund products.

Hybrid funds can diversify their investments by choosing a fund type, without buying different styles of stock funds, bond funds and money market funds. Hybrid funds adopt both aggressive and conservative investment strategies, and their returns and risks are lower than those of stock funds and higher than those of bonds and money market funds.