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What's the difference between a hybrid fund and a balanced fund?
From the investment direction of the fund, the balanced fund is a special hybrid fund.

The special balance is the balance of shares and debts, which literally means that they all account for about 50%.

At present, the shareholding ratio of hybrid funds is usually higher than that of bonds, such as more than 65%.

Judging from the fluctuation characteristics, hybrid funds are larger than balanced funds.

Balanced type should be considered as medium risk return, and mixed type is high risk and high return.