Non-monetary funds, as the name implies, refer to funds other than monetary funds. According to the definition of money fund, money fund refers to a fund that mainly invests in bonds, central bank bills, repurchase and other short-term financial products with high security. It is an open-end fund and belongs to the money market. Therefore, as long as the fund market does not meet the definition of monetary fund, it is a non-monetary fund, which mainly includes the following types:

1. Equity fund: A fund that invests in the stock market shall have a stock position of not less than 80%. Including preferred stock funds and common stock funds; Value-added, growth-oriented and income-oriented funds and so on.

2. Hybrid funds refer to funds that invest in stocks, bonds and money market instruments and do not meet the classification standards of stock funds and bond funds. Hybrid funds can be divided into partial stock funds, partial debt funds, balanced funds and allocation funds according to the different investment ratios and investment strategies of stocks and bonds.

3. Bond funds: refer to funds that mainly invest in fixed-income financial instruments such as treasury bonds and financial bonds, and are also called "fixed-income funds" because the income of the products they invest in is relatively stable. According to the proportion of investment in stocks, bond funds can be divided into pure bond funds and partial stock funds.

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