Buying a fund means giving the money to the fund company to take care of it. You pay relevant fees to the fund company, and any profits or losses are yours.

Buying different funds carries different risks. The greater the risk, the more you earn and the more you brag about.

For example, stock funds use your money to buy stocks. In a bull market, you have a high probability of making money, but in a bear market, you may lose a lot.

Fund types divided into high-risk levels include: standard stock funds, ordinary stock funds, standard index funds, enhanced index funds, partial stock funds, flexible allocation funds, and stock-bond balanced funds*** 7 three types

level category.

Funds classified as medium-risk levels include: partial debt funds, ordinary bond funds (secondary) and two third-level categories.

Funds classified into low-risk levels include: long-term standard bond funds, short- and medium-term standard bond funds, ordinary bond funds (level 1), capital-guaranteed funds, money market funds (level A), and money market funds (level B).

***6 third-level categories.