Closed-end leveraged funds are generally structured sunshine private equity funds, and the risks are still relatively large, unless you buy the priority share of trust companies. If you buy the inferior share of the fund company, the risk is relatively large. This kind of leveraged fund generally enjoys guaranteed income because of the priority share, so the inferior share of the fund will amplify the investment income when the economic form is good or the market is good, and it will also amplify the investment loss when the economic form is bad, so the risk is high and the investment income is high.