: 1. What is Huaxia Bond?
Huaxia bond is a kind of fund bond, which pursues higher current income and total return on the premise of ensuring the safety of principal. The fund custodian is Bank of Communications Limited. ..
On the basis of observing investment discipline and effectively managing risks, Huaxia Bond Fund will adopt active investment strategies such as duration deviation, yield curve allocation and category allocation through value analysis and top-down procedures for determining and selecting investment strategies. Individual bonds look for, identify and use market imbalances from bottom to top to realize portfolio appreciation.
Second: the investment scope of Huaxia Bond.
The Fund mainly invests in fixed-income financial instruments, including bonds, central bank bills, financial bonds, corporate bonds (including convertible bonds), asset-backed securities and other financial instruments permitted by China Securities Regulatory Commission. The Fund can also participate in the subscription of new shares in the primary market, and hold shares formed by the conversion of convertible corporate bonds and stock allotment warrants or warrants for the separate trading of convertible corporate bonds. However, the total investment proportion of non-fixed income financial instruments shall not exceed 20% of the fund assets. The Fund shall sell the stocks, warrants and other assets held for the above reasons within 60 trading days from the date of trading. The Fund does not purchase stocks or warrants through the secondary market. In addition, if laws and regulations or the China Securities Regulatory Commission allow the Fund to invest in other varieties, the fund manager can include them in the investment scope of the Fund after performing the corresponding procedures.
Three: What is a fund?
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund share can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), and the fund scale is not fixed through subscription and redemption by banks, securities companies and fund companies; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Fund is an investment fund company established by issuing fund shares, usually called corporate fund; Usually called contractual fund, it is established by fund managers, fund custodians and investors through fund contracts. China's securities investment funds belong to contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income-based funds and balanced funds.
(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.