I. Investment suggestions

Stay focused. In the case that the stock market continues to be depressed, especially when the market expects to cut interest rates many times, bond funds are a good investment variety, and the bond market still has certain opportunities after the surge. Funds are only allowed to subscribe for new shares and invest in convertible bonds in the primary market and sell them within five trading days, so the fund's earning ability mainly depends on fixed income investment. Considering the good bond allocation ability of BOC Currency (summary comments), investors are advised to pay attention to this fund.

Two. Overview of funds

Investment objective: on the premise of emphasizing the steady appreciation of principal, pursue the current income and total return exceeding the performance comparison benchmark.

Investment scope: the investment proportion of fixed income varieties such as bonds is 80%- 100% of the fund assets, the cash and government bonds with maturity within one year are not less than 5% of the fund's net asset value, and the investment proportion of equity varieties such as stocks is 0-20% of the fund assets. The proportion of warrants formed by the separation of convertible bonds investment in the net asset value of the fund shall not exceed 3%.

Investment strategy of new shares and convertible bonds: Do not buy equity products such as stocks and warrants directly from the secondary market, and do not buy convertible bonds directly from the secondary market. The fund only invests in the primary market. The fund manager of the Fund believes that the price difference between the primary and secondary markets is a temporary phenomenon, and investing in new shares is only a phased investment strategy. Therefore, the stocks formed by subscription in the primary market and the stocks formed by convertible bonds are sold within 5 trading days after listing and circulation.

Performance benchmark: China Bond Index.

Third, the fund manager.

Fund Manager: Li Jian. He is the Assistant Vice President (AVP) and economist of Bank of China Fund Management Company. He worked in United Securities Co., Ltd. and Hengtai Securities Co., Ltd. for fixed income investment and analysis. Since August 2007, he has been the fund manager of BOC Currency (Summary and Review). Have 10 years experience in investment analysis, and be qualified as a trader in funds, securities, futures and inter-bank bonds.

The main controlling shareholder of BOC Fund is Bank of China, with a good shareholder background. At present, there are 5 funds, 4 of which are partial stock funds. The company's stock investment style is relatively stable, and its two stock funds have performed well since the market entered the adjustment. Its monetary fund, Bank of China (summary comments), has been at the upper-middle level of its kind since 2007 and 2008.