What kinds of bond funds are there?
1. pure debt fund
Pure debt fund is a standard bond fund, which only invests in financial instruments with fixed expected annualized expected returns and cannot invest in the stock market.
2. Main debt base
More than 80% of the assets within the scope of primary debt-based investment are bonds (including convertible bonds), and no more than 20% of the fund assets can be invested in equity assets such as stocks and warrants. The primary debt base does not directly buy equity assets such as stocks and warrants from the secondary market, but holds stocks formed by convertible bonds, warrants distributed by stocks, and warrants generated by investing in convertible bonds alone. To sum up, the primary debt base invests in stocks formed by pure debt+convertible bonds+convertible bonds.
3. Subordinated debt base
The secondary debt base can invest in the secondary stock market, and the maximum position does not exceed 20%, that is, it can buy and sell stocks directly. The investment strategy of secondary debt base is fixed income+floating income. Investors can get some excess returns while getting fixed income, which is the embodiment of fixed income+strategy.
4. Convertible bond funds
Convertible bonds are the main investment targets of convertible bonds, and some stocks are also allocated. It is the highest risk-return category among all bond funds. When you see the ranking of a bond fund, the top ranking is usually convertible bonds.
Generally speaking, these bond funds have different investment directions and different risk returns. Investors can choose the bond fund type that suits them, and finally remind investors that the fund is risky and needs to be cautious in investment.