Theoretically, fixed-income products refer to financial products in which investors obtain income according to the agreed interest rate. Fixed income products have low returns, but low risks and are relatively stable. Such products play a powerful role in the whole asset allocation system. However, most fixed-income products do not guarantee income, but only give an income interval. Fixed-income products include time deposits, money funds and bond-type bank wealth management products. The longer you invest in such fixed-income products, the more you will get.

What's the difference between fixed income and equity?

The difference between fixed income category and equity category:

Fixed income category: short for fixed income. For example, fixed-income funds generally invest in fixed-income products such as medium and long-term bonds, money funds, government bonds, time banks and central bank bills. Therefore, these products often have stable income. Although the profit is not high, the product risk is small and the safety factor is high. Equity: Equity investment is usually a product with certain risks, and the income is not fixed. Such as: stocks, hybrid funds, trusts, private placements, etc. This kind of products have great rights and interests, and the investment is mainly medium and high risk, with high returns and high risks. In essence, fixed-income funds and equity funds belong to two completely different income products, and investors choose according to their own risk preferences when they actually choose. Investors can do a risk test before investing to see what kind of investors they belong to, such as radical, conservative and balanced, which is also very helpful for the later investment layout.