Investors who pursue income had better choose hybrid funds, and investors who pursue principal security had better choose fof funds. The risk of hybrid funds is greater than that of fof funds, and the expected return is also higher than that of fof funds.

Hybrid funds are divided into different types according to the investment target, and the risk is partial stock funds > allocation funds > stock-debt balance funds > partial debt funds. Fof investment targets are mainly a basket of funds, and do not directly invest in stocks or bonds. Fof fund has relatively low risk and stable income, which is suitable for investors with low risk tolerance.