Bond funds generally hold no less than 80% of bond assets. Bond funds mainly invest in bonds, including local bonds, national bonds, corporate bonds and financial bonds. Fund returns are mainly determined by these bonds. Bond yield = bond price+bond interest. The income of bond funds is relatively stable and the risk is small.

Funds can be divided into money funds, bond funds, hybrid funds, stock funds, index funds, ETF funds, LOF funds and so on.