There is no risk. Gc004 is a reverse repurchase of Shanghai four-day government bonds. National debt is a bond issued by the state as the main body, with the highest credit. It is recognized as the safest investment tool and is called risk-free rate of return. National debt does not directly promise to protect capital and interest, but there is basically no possibility of loss. Compared with national debt, funds are more risky, but less risky than stocks. The fund mainly invests in a basket of stocks, and the more investment targets, the more stable it is.