What kinds of hybrid funds are there?
I. Partial stock funds
Partial stock funds are funds that mainly invest in stocks, with great returns but great risks. The benchmark of performance comparison is the market size index, which is the main comparison object. Typical representative funds are Guo Fu Tianhui and Xingquan He Run, in which the allocation ratio of Guo Fu Tianhui is: 70%* CSI 300 Index +25%* China Bond Comprehensive Full Price Index +5%* interbank deposit rate, and Xingquan He Run is: 80%* CSI 300 Index +20%* CSI government bond index.
Second, the industry partial stock funds.
Industry partial stock funds are essentially partial stock funds, but their performance comparison benchmark is not market size index, but industry index or theme index. For example, Huitianfu's consumer industries are mixed, and the allocation ratio is: 40%* CSI major consumer industry index +40%* CSI optional consumer industry index +20%* SSE government bond index. Among the partial stock funds, if the fund name is "an industry" or "theme", it belongs to the industry partial stock fund. The more common industries are health care, consumption upgrading, financial real estate, high-end manufacturing and so on.
Third, allocate funds flexibly.
This category is easy to distinguish. The name of the fund must contain the words "flexible allocation". If there is no word "flexible allocation" in the name, it is not included in this category. If you look it up, you should look at the full name, because some funds often use abbreviations instead. Flexible allocation of funds has no clear restrictions on asset allocation. They can operate in short positions or Man Cang, and allocate any combination of stocks, bonds and cash at will. Therefore, the operation is more flexible.
4. Equity and debt balance fund
In such funds, the proportion of stocks and bonds is relatively balanced, and the proportion of stocks and bonds is between 40% and 60%. The common balance is fifty-fifty. The risk and return of stock-debt balance fund are lower than those of partial stock, but higher than those of partial debt.
The verb (abbreviation for verb) is biased towards debt funds.
Taking bonds as the main investment direction, although it is also a hybrid fund, it is completely different from the partial stock type. The upper limit of stock positions of such funds generally does not exceed 40%, and stocks are only used to increase returns.
Immutable verb absolute return target fund
This kind of fund has no clear investment direction, and there is no requirement for the ratio of stocks and bonds. Its performance comparison benchmark is generally bank time deposits.
The income of hybrid fund is not as good as that of stock fund, but because its investment target is hybrid, its stability is better and its long-distance running ability is better than that of stock fund. If you want to invest in funds for a long time, hybrid funds are more cost-effective than equity funds. Finally, remind investors that the fund is risky and investment needs to be cautious.