According to the classification standard of China Securities Regulatory Commission, more than 80% of fund assets are invested in stocks. More than 80% of the fund assets invested in bonds are bond funds; Money market funds only invest in money market instruments; A hybrid fund invests in stocks, bonds and money market instruments, but the ratio of stock investment to bond investment does not meet the requirements of stock funds and bond funds.

Hybrid funds also belong to medium and high risk funds. Since there are risks, there must be ups and downs. You only see the increase of 100%, but you don't see the loss. Not all hybrid funds can go up very badly. The stock index has hit record highs, and there are still many hybrid funds out of losses.