1. From the past data, the income of convertible bond funds is very poor. Investors can check their past performance through channels such as Tian Tian Fund Network. Compared with stock types, the yield is not high.
2. Convertible bonds do not have the function of securities lending. Suppose the market plummets, the fund has only dead stocks and there is no way to hedge. The proportion of investment in fixed assets shall not be less than 80% of the fund assets, and the proportion of investment in convertible bonds shall not be less than 80% of the fixed assets. At least 64% of the assets equivalent to the whole fund must be invested in convertible bonds at all times, and if they cannot be hedged, they can only lose money.
3. The scale of convertible bond funds is relatively small, so it is difficult to occupy the mainstream.
4. The charge of convertible bonds fund is higher than that of direct purchase of convertible bonds. Direct subscription of convertible bonds only requires trading commission, while convertible bond funds need subscription fee, redemption fee, custody fee and management fee.