It is worth mentioning that the ratio of stock and debt positions in the secondary debt base of South Yongyuan is 2:8, which is relatively more stable and the exit is more controllable. Under the condition that the short-term and medium-term risks are relatively controllable, the long-term yield is higher than that of pure debt investment.
Historically, southern fund's "Fixed Income Plus" team has been very strong. Wind data shows that as of September 30th, 20021year, the annualized rate of return of "fixed income+"Southern Zhiyuan managed by Sun reached 1 1.48%, and the annualized rates of return of "fixed income+"Southern Litao and Southern Lixin reached12.5438 respectively. Lin Lefeng's "fixed income+"Fang Nan 'anyu's annualized rate of return reached 1 1.58%, while Wu Jianyi's "fixed income+"Fang Nan 'anfu's annualized rate of return reached 7.68%, both far exceeding the benchmark income.
In terms of investment strategies and sources of income, firstly, South Yongyuan takes fixed income as the base, focuses on the holding and maturity strategies of medium and high-rated credit bonds, actively grasps the trend of medium-term interest rates, strives for the capital income of interest rate bonds, rationally allocates convertible bonds and selects several bonds, and strives to obtain excess income.
On this basis, we should allocate equity assets in a timely manner, and screen fixed-income projects with long-term growth value and attractiveness in order to obtain equity enhancement income. In terms of risk control, according to the requirements of the fund contract, the stock position of this product shall not exceed 20%. At the same time, we should pay attention to the company's profit quality, business growth rate and corporate governance. When building a portfolio, we will pay attention to balanced allocation, fully disperse non-systematic risks such as individual stocks and industries, and reduce the risk exposure of the portfolio.
The one-year bond fund of Southern Yongyuan (referred to as Southern Yongyuan for short, code: Class A 0 12399) created by southern fund, a veteran Public Offering of Fund company, will be officially issued on June 65438+1October 65438+1October 0. South Yongyuan adopts the "double generals" management mode, which is jointly managed by southern fund's "fixed income plus" gold medal veteran Chen Le and the basic pension annuity fixed income investment goddess Li Jian, and is committed to creating a stable "fixed income plus" boutique for investors.