If you tend to invest in stocks, you can choose stock funds. But what you need to be clear is that most equity funds do not promise to protect their capital, and according to the relevant regulations of the fund, at least 60% of the fund assets are invested in stocks, which is also the minimum position requirement, so the risk is relatively large. Secondly, equity funds also have a process of opening positions. Jiafeng Reid analysts said that the new fund will complete the opening of positions within three months after the completion of capital allocation, that is, 60% of the funds will be invested in stocks. In these three months, even if the "market" has been falling, it is necessary to open positions according to the agreement. Of course, the fund you bought may "run away". The old fund has a high position, so there is no time requirement for opening positions, but there is also a minimum position requirement of 60%. The comparison between old and new funds depends on the situation of stocks being allocated and about to be allocated. The profit of the fund ultimately depends on the price of the stock it holds. If you can adapt to market changes, adjust your positions flexibly and in the right direction, then such a fund may make more profits. The new fund may have no "burden" and may be more flexible in choice. The old fund does not mean that the operating strategy remains unchanged. In short, the operation of the fund depends on the level of fund manager's operation of the fund. In addition, it depends on the performance of the overall market and the theme industry of the fund you choose. Of course, there are also some funds that specialize in arbitrage, such as MOM securities investment plan, which mainly relies on high frequency to make small spreads to realize income, and can also obtain relatively good income in the long run, which investors can also pay attention to.