(1) According to whether the fund unit can be increased or redeemed, it can be divided into open-end funds and closed-end funds.

(2) According to different organizational forms, it can be divided into corporate funds and contractual funds.

(3) According to different investment risks and returns, it can be divided into growth funds, income funds and balanced funds.

(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.

Either way, as long as you choose an investment fund, it is best to be long-term. Only open-end funds can be redeemed in advance. Only in this way can your income be guaranteed to the greatest extent.

Therefore, the fund is a long-term investment.