What is the basis for the fund's rise and fall?
It is determined by the rise and fall of the fund investment target. According to different investors, funds are divided into money funds, bond funds, mixed funds and stock funds. Money funds mainly invest in deposits and certificates of deposit, and the fluctuation of funds is relatively stable. The investment target of bond funds is mainly bonds, and the rise and fall of funds are mainly determined by bond interest rates and the rise and fall of funds. The investment target of hybrid and equity funds is mainly stocks, and the rise and fall of funds are mainly determined by stocks.