Hybrid funds invest in stocks, bonds and money markets at the same time, and there is no clear investment direction; Its risk is lower than that of stock funds and its expected return is higher than that of bond funds. It provides investors with a tool to diversify their investments among different assets, which is more suitable for more conservative investors.
Extended data:
In form, the hybrid fund is similar to the open-end fund, but it does not take the fund share as the investment carrier, but provides a fund unit that can be bought and sold at the net asset value price. Banks or insurance companies will provide a lot of different mixed funds for trust or retirement accounts to choose from. Such as money market funds, bond funds and common stock funds.
According to the proportion of assets investment and its investment strategy, hybrid funds can be divided into partial stock funds (the proportion of stocks is 50%-70%, and the proportion of bonds is 20%-40%), partial debt funds (just the opposite of partial stock funds), balanced funds (the proportion of stocks and bonds is relatively average, about 40%-60%) and allocation funds (the proportion of stocks and bonds is adjusted according to market conditions).
Baidu Encyclopedia-Hybrid Fund