On the last trading day before the Qingming Festival, the trend of A-shares was divided again. The GEM fell by nearly 2%, but the pharmaceutical sector set off a daily limit trend? Since this year, while everyone is arguing about the market style, there is a type of fund that has made low-key gains. He had his own "Little Indian Summer" and made money quietly and steadily.

Yes, this is the "bond fund" that Lao Jie also mentioned yesterday when he looked at the fund's first quarter performance statistics.

According to statistics on the performance of various funds this year, only bond funds and currency funds have positive returns. Specifically, the average return rate of bond funds is 1.21%. Compared with the performance of stock funds -3.03%, hybrid funds -1.02%, and QDII funds -2.7%, the "anti-fall" advantage in a volatile market is very obvious. .

Let me give you another data: throughout 2017, the average return of bond funds was only 1.59%. In other words, in the first quarter of this year, the average return of bond funds accounted for 76% of last year's annual return. Isn't this trend considered "Little Indian Spring"~

In addition to performance, another sign of the recovery of bond funds is the issuance of new funds.

Proportion of the number of newly issued bond funds in the first quarter of 2018:

According to data, a total of 141 new funds were established on the market in the first three quarters of this year, among which 141 were bond funds. The quantity proportion continues to rise. In the past March, the issuance share of bond funds reached 42.579 billion, accounting for 57.71% of the total market issuance scale. The intensity of fund pursuit is evident.

Some people may say that with the scale of asset-based hedging being strictly controlled, debt-based funds have gradually become the new favorite of institutions, which may not be a good thing for ordinary investors.

However, I believe that it is an objective fact that the bond market has recovered since the beginning of the year and bond funds have performed well. In the current "grinding" market with repeated fluctuations and no obvious trend, allocating a bond fund is also a good choice.

For a long time, everyone’s enthusiasm for growth has led to equity funds becoming the protagonist of the fund market. Many people do not know much about bond funds. In fact, it is very simple. Different bond funds have different characteristics. As long as you can distinguish their differences in risk, you can guide yourself to find a suitable investment type.

Laojiekan Fund will give you a simple science popularization based on the current most mainstream debt fund varieties:

Through the above comparison, it is not difficult to find that pure debt funds and primary debt funds Funds are more suitable for conservative investors pursuing stable returns, while secondary debt funds provide a more aggressive option for investors pursuing low risk. Due to the characteristics of its allocation, secondary debt funds can be both offensive and defensive in volatile markets. Based on the returns of the bond market, the probability of seizing opportunities in the swing stock market to obtain excess returns will increase. As for convertible bonds, the current performance differentiation is very obvious, so it is not recommended for investment novices to participate.