1, standard bond fund
2. Ordinary bond funds
3. Fixed lever closed graded debt base
4. Fixed lever open graded debt base
5. Variable lever semi-open graded debt base
1. Standard bond fund. Standard bond funds are generally limited to investing in fixed-income financial instruments and cannot be used to invest in the stock market, which is what we often call "pure debt funds". For example, Guangfa Pure Debt A(270048).
2. Ordinary bond funds. This is also the most familiar type for investors, accounting for more than 90% of the total debt base. It can also be subdivided into primary debt base and secondary debt base. The primary debt base can invest in convertible bonds in the primary stock market, and the maximum position is no more than 20%, which means that it can play new shares. According to the recent regulations of the CSRC, the home country does not allow institutions to do new things, so the primary debt base has basically become history; The secondary debt base can invest in the secondary stock market with a maximum position of no more than 20%, which means that it can buy and sell stocks directly. The common one is E Fund Anxin Bond A( 1 10027).
3. Fixed lever closed graded debt base. The A:B share ratio of this kind of graded bond fund remains unchanged, and AB is listed and traded separately, and cannot be converted in pairs.
4. Fixed lever open-ended graded debt base. The A:B share ratio of this kind of graded bond funds remains unchanged, and AB is listed and traded separately, which can be converted in pairs.
5. Variable lever semi-open graded debt base. The A share of this graded bond fund is not listed and traded, and it is regularly open for subscription and redemption, with a net value of 1. When B shares of graded bond funds are listed and traded, the proportion of A:B shares changes according to the purchase and redemption of A shares on the open day.