It is different from the government-regulated bond or stock market, and hedge funds are not regulated. Therefore, fund managers can decide to invest personal funds in an unconventional way that is widely questioned. There is no reporting requirement due to lack of supervision. Therefore, the basic condition of investment is usually that investors must invest a lot of money, give up using it within a certain period of time, and allow fund managers to operate in the way they think fit.

2. The callable certificate of deposit (CDS) is usually regarded as a high-risk investment, but it is different from many other types of investment.

The risk of this kind of investment is that investors may not get the expected return. People choose these investments because they usually offer better interest rates than traditional certificates of deposit. In fact, the risk of redeemable certificates of deposit is that if it is suitable for the issuer, it can be recovered, that is, it can basically be cancelled. If this happens, CD holders will get the principal and some interest, but they will miss the investment opportunities that may be more attractive and have to find alternative investment options.