1, different goals. Convertible bond fund investment is different from convertible bonds. Convertible bonds not only have the nature of repaying principal and interest of ordinary bonds, but also can be converted into stocks during the conversion period, and can also be sold in the secondary market to obtain income.

2. Risks and benefits are different. Convertible bonds can be traded in the secondary market, and the price will fluctuate with the stock market, with great potential fluctuation, while the fluctuation of ordinary bonds is relatively small, so the fund risk and income of convertible bonds are higher than that of ordinary bond funds.

3. The quantity is different. In Public Offering of Fund market, the number of convertible bond funds is less than that of ordinary bond funds.

In fact, most convertible bond funds do not allocate all their assets to convertible bonds. In order to ensure their convertible bond investment style, most of them will limit their investment positions.