I. There are two kinds of capital preservation funds in the world: guarantee funds and capital preservation funds:

1, the guarantee fund does not need a third party to provide guarantee.

2. Under normal circumstances, the capital preservation fund will invest most of its assets in fixed-income bonds, so that the fund will pay the investor's principal when it expires, and the remaining assets of about 65,438+05%-20% will be invested in tools such as stocks to improve the income potential.

Two, according to the liquidity, the capital preservation fund can be divided into

1, the whole operation is open, which ensures that it can be repurchased at any time during this period, but it needs to pay the repurchase fee.

The earlier the repurchase, the higher the cost. There is no guarantee agreement at the time of repurchase, and you need to bear the floating loss yourself. Most capital preservation funds belong to this type.

2. The whole process is closed and cannot be exchanged before the expiration.

Closed operation is beneficial to the management of fund managers, and the expected rate of return is higher than that of open-end funds, but the disadvantage is poor liquidity.

3. Semi-closed and semi-open. Therefore, some capital preservation funds are closed in the first year and open in the second year.