2. Business cycle risk. The national economic cycle has four stages: recovery, prosperity, stagflation and recession. Most securities investment will fluctuate with the ups and downs of the economic cycle.
3, interest rate risk, interest rates will directly affect the trend of the stock market and bond market, hybrid funds invest in bonds and stocks, so the income will be affected by interest rates.
4. Inflation risk. When inflation occurs in the country, the income of the partial debt fund cannot be maintained and increased.
How to choose a hybrid fund?
1, profitability, to examine the profitability of hybrid funds, we can consider the staged rate of return and the excess rate of return beyond the market average.
2. The ability to resist risks is compared with the loss frequency and average loss range of the fund.
3. Ability of stock selection and timing. The management team of hybrid funds should adhere to the concept of value investment, and sharing the growth of national economy and capital market is the value of hybrid funds.