As a bond, China Merchants Xinfu's short-term and medium-term debt bonds have higher investment income than money funds, and the risk is relatively small, compared with equity funds. If you are a steady investor, you can choose to invest. Bond fund is a kind of securities investment fund with bonds as the investment target. It seeks more stable income by pooling the funds of many investors and investing in bonds. With the development of bond market, bond fund has also developed into an important type of securities investment fund, and its scale is second only to that of stock fund.

Note: Investment is risky and needs to be carefully selected. This answer is for reference only.

1. Characteristics of bond funds: 1. Low-risk and Low-return Because the bond yield is stable and the risk is low, the bond fund has lower risk and lower return than the stock fund. 2. Low cost Because bond investment management is not as complicated as stock investment management, the management cost of bond funds is relatively low. 3. Investment bonds with stable income will have regular interest returns and promise to return the principal and interest at maturity. Therefore, the income of bond funds is relatively stable. 4. Pay attention to the current income. Bond funds mainly pursue relatively fixed returns in the current period. Compared with stock funds, bond funds lack value-added potential. It is more suitable for investors who are unwilling to take too many risks and seek stable income in the current period.

Advantages of bond funds: 1. By concentrating investors' funds on different bonds, low-risk bond funds can effectively reduce the risks that a single investor may face when directly investing in a certain bond. 2. Expert management With the increasing diversification of bond varieties, ordinary investors should not only carefully study issuers, but also judge macroeconomic indicators such as interest rate trends. They often can't do whatever they want, and investment bond funds can share the results of expert management. 3. If investors invest in bonds with poor liquidity, the liquidity will be strong. It can't be cashed until it expires. If you invest in bonds indirectly through bond funds, you can get higher liquidity and transfer or redeem your bond funds at any time. Domestic bond funds are nearly 18, with a total share of nearly 40 billion.