What about the fixed investment of pure debt fund? Will you lose money? What kind of dividend is good for pure debt funds?
What is a pure debt fund?
Pure debt funds are funds that invest in bonds. I am not satisfied with this explanation, because there are many kinds of bonds, and some pure debt funds invest in convertible bonds. Such a pure debt fund is obviously not "pure". Therefore, the pure debt fund in my mind is not only specialized in investing in bonds, but also unable to invest in convertible bonds.
What is the expected annualized expected return of pure debt funds related to?
The market price of bonds is inversely proportional to the expected annualized interest rate. When the expected annualized interest rate rises, commercial banks will get more investment and more expected annualized expected returns, bond prices will rise accordingly, and the expected annualized expected returns of bonds will also rise. When the expected annualized interest rate rises to a certain extent and the money supply cannot meet the needs of social development, the central bank will expand and increase the money supply, and the investment obtained by commercial banks will also decrease, and the expected annualized expected return of bonds will also decrease.
Investment strategy of pure debt fund;
The first step, we can use the "Fund Ranking" function of Tian Tian Fund Network for screening. Select "Bond Fund" in "Open-end Fund Ranking", * * * There are 7 18 bond funds.
The second step is to select "long-term pure debt" in "classification". Because the expected annualized expected return of short-term pure debt funds is too low; The risk of mixed debt base and convertible bond base is too high; Moreover, it is not easy to open bonds on a regular basis, so we will not consider other debt bases except long-term pure debt for the time being. After these two rounds of screening, there are only about 300 long-term pure debt funds left.
In the third step, we sort the expected annualized rate of return in the past year from big to small, and only take the top 50, so there are only 50 target funds left.
The fourth step is more troublesome. It is necessary to manually eliminate those pure debt funds that are not "pure". For example, the scope of investment says that you can invest in stocks and convertible bonds, you can issue new shares, and the pure debt funds that are open regularly should be eliminated. The number of pure debt funds that can go this far should not exceed 10.