First, we need to recognize the correlation between bond funds and the stock market. The reason why bond funds are resistant to risks in the volatility of the stock market is mainly due to the fact that this type of fund has a certain degree of "disassociation" with the stock market - the vast majority of its funds are not invested in the stock market, but mainly profit through investment in the bond market. Statistics show that as of March 24, over 26 weeks, the Shanghai Composite Index fell by 33.6%, while the average return on bond funds reached 3.57%. This shows that bond funds have a low correlation with the stock market. Among them, enhanced bond funds can invest in the stock market through "new share subscription" and "investing in convertible bonds", but there are strict proportion limits.