Why are many other items in Morningstar's fund asset allocation negative?
Other negative items mainly come from two points: first, the liabilities in the financial statements of the fund, mainly some unpaid expenses generated during the operation of the fund, account for a small proportion. Second, some funds use financial leverage to enlarge the amount of funds, such as bond repurchase transactions, whose main purpose is to meet operational needs or buy more investment tools, which is related to the fund's phased strategy, but they are all compliant operations. "