Military fund investment refers to investors investing in military industry funds to obtain investment income. The characteristics of military fund investment are: first, investors can get investment income by investing in military funds; Second, the investment portfolio of the military transfer fund is more flexible, and the investment portfolio can be flexibly configured according to the investment objectives and risk tolerance of investors; Third, the investment portfolio of military funds is more diversified, and they can invest in funds of various military industries to obtain more investment income.

There are also some risks in military capital investment, which are mainly manifested as follows: first, market risks, the military capital investment portfolio is affected by market fluctuations, and investors may suffer investment losses; Second, policy risks, policy changes in the military industry may have an impact on investors' investment income; The third is to manage risks. Managers who invest in military funds may violate the rules, which will affect investors' investment income. Fourth, technological risks, the technological development of the military industry may have an impact on investors' investment income.

In a word, military capital investment has the characteristics of high investment return, flexible investment portfolio and diversified investment portfolio, but there are also risks such as market risk, policy risk, management risk and technical risk. Investors should be cautious when investing in military funds and fully understand the investment risks in order to obtain investment returns.