Prepared by A-J | Author brand: 盡職生活｜阿J的普通人理財筆記
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-16 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-16 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
Core principle: Start with what the fund owns, what it costs, and where risk comes from—then review past performance and distributions.
RR1 through RR5 run from lower to higher risk
The five-level scale uses larger numbers for greater market-price volatility risk under the classification standard.
Ratings mainly classify volatility
The framework considers strategy, risk characteristics, and historical NAV volatility, with category-based standards.
RR does not capture every risk
Currency, concentration, credit, interest-rate, liquidity, political, and specialized-product risks are not fully summarized by one RR number.
Risk capacity must also consider time horizon and cash needs
Two investors with similar tolerance can still need different products if one needs the money in six months and the other can invest for ten years.
Primary / official sources
Fund NAV can fluctuate and past performance is not predictive. Review current prospectuses, investor documents, and fee disclosures before investing.