What is Alipay Pension Fund?
Alipay pension fund is a kind of securities fund, and its investment portfolio is constantly adjusted according to the age of the target holder of the fund. According to China Securities Regulatory Commission's "Guidelines for Target Securities Investment Funds of Pension Funds (Trial)", they all have a certain closure period. The minimum closure period of pension funds is 1 year, and the rest have funds with a term of 3 years or 5 years. The name of the issued pension fund must include the word "pension".
Is the pension fund risky?
Buying a pension fund has certain risks. There are many types of pension funds, which can be generally divided into target date funds and target risk funds. These two types of funds are operated by FOF, mainly investment funds, and do not directly invest in high-risk assets such as the stock market. There are also some pension funds that adopt the ordinary fixed and open FOF fund operation mode. Simply understood, it is an open redemption cycle, which is generally risky.
Investors must pay attention to the risks of pension funds when choosing pension funds for themselves. It is best to buy according to your own economic situation and risk tolerance. For users who have no risk tolerance, it is best not to buy pension funds for financial management.