Don't you invest in funds after the A-share crash?

The stock market closed at 2976 points today, which is a figure that everyone doesn't want to see. So how should we hedge against this situation? This is the post-fund that shows its role. The following small series will tell you how the fund can maintain its value and hedge.

since 2, affected by multiple factors, the stock and debt markets have gone out of diametrically opposite markets. On the one hand, after a continuous decline, the Shanghai stock index repeatedly played around 3 points; On the other hand, the yield of the domestic bond market has accelerated downward. The 1-year national debt has gone down from 3% to the current 2.72%, which takes only one month, while the annual 1-year national debt has gone down from 3.3% to 3%, which takes as long as three months. The yield of credit bonds has also dropped sharply. According to industry insiders, under the influence of the domestic and international market environment, the probability that the bond market will continue to fluctuate in a small bull market this year is still high, and stable investors may wish to use bond funds as the basic assets for allocation.

according to p>Choice financial data, bond funds rose by 8.2% on average in the past year. Among them, Yin Hua's pure debt rose by 12.16% in the past year, ranking in the top quarter of 733 comparable funds. As a pure debt fund, the fund neither participates in the stock trading in the secondary market nor the subscription of new shares in the primary market, focuses on bond investment, strives to outperform the money fund with the concept of absolute return, and can effectively disperse the fluctuation risk of the A-share market under the structural market. Generally speaking, it is difficult for investors to analyze the investment strategy of a bond fund according to the positions disclosed in quarterly or annual reports. A better way is to observe whether the fund's past performance is stable, whether it is more radical or moderate in the market rising stage, and how much it retreats in the market falling stage. As a low-risk variety, Yin Hua pure bonds pursue higher security in operation, with stable absolute returns as the primary goal, rather than sacrificing risks to pursue simple high returns.

Looking at ICBC Credit Bond A again, as of January 15th, the fund's net value has increased by .35% this year, outperforming the Shanghai Composite Index, which dropped by 18.3% in the same period, by 18.38 percentage points. From each statistical interval, the fund has achieved 2.11%, 4.59% and 1.97% respectively in the last quarter, half a year and one year, all of which are in the upper and middle reaches of comparable funds, creating a stable return on investment for holders. From the investment target, ICBC Credit Pure Bond strictly limits the investment scope to fixed-income products, and cannot trade equity assets in the secondary market, so as to better return to the essence of bond-specific investment tools and give full play to the professional advantages of fund managers in bond investment.

according to the investment strategy of the bond market in, the financial planner of China Merchants Bank (636, Stock Bar) suggested that all kinds of bond wealth management products can still be actively purchased in the first half of the year, based on short-term and medium-term investments; In the second half of the year, we will focus on bond funds to avoid the risk of market fluctuation caused by direct investment in the bond market. The annual operation is mainly based on "band" operation. When the stock market falls sharply, the bond interest rate rises too fast, the central bank's easing policy is expected to be the strongest, and the short-term economic data is poor, it is a good time for the bond market to open positions. However, the performance of the debt base in the market outlook may be divided. Therefore, products with stable style and good historical trend should be preferred.