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Why can't E Fund's stable income bond A be sold?
E Fund's stable income bond A cannot be sold, because the investment scope of the Fund is financial instruments with good liquidity, including fixed income products such as government bonds, financial bonds, central bank bills, corporate bonds, convertible bonds, asset-backed securities, bond repurchases, bank deposits and stocks, as well as financial instruments permitted by laws and regulations or China Securities Regulatory Commission and China.

That is, the fund's stable income bond a

If future laws, regulations or regulatory agencies allow the fund to invest in its user varieties, the fund manager can include them in the investment scope after performing appropriate procedures. The investment ratio of various assets of the Fund is: fixed income varieties such as bonds are not less than 80% of the fund assets, of which convertible bonds are not higher than 30% of the fund assets; Equity varieties such as stocks are not higher than 20% of the fund assets; The total proportion of cash retained by the Fund and government bonds with maturity within one year shall not be less than 5% of the net asset value of the Fund. Cash does not include settlement reserve, deposit, subscription receivable, etc.

Second, the asset allocation strategy of the fund.

Based on the judgment of the following factors, the allocation of fund assets among fixed-income varieties, convertible bonds, active stock investment and new share subscription (including additional issuance) is mainly based on the analysis of interest rate trends, term structure of interest rates and other factors, and the investment income and risks of fixed-income varieties are predicted. According to the frequency of IPO, the winning rate and the average increase after listing, the income and risk of IPO subscription are predicted, and the value of growth and convertible bond issuing companies is judged by forecasting the stock market trend. Fixed-income variety investment strategy Fixed-income variety allocation strategy 1) Average duration allocation The Fund uses macroeconomic variables (including GDP, industrial growth, money and credit, fixed assets investment, consumption, foreign trade balance, fiscal revenue and expenditure, price index, exchange rate, etc.).

To sum up, predict the future interest rate trend, judge the bond market's response to the above variables and policies, and actively adjust the average duration of the bond portfolio accordingly, so as to improve the total investment income of the bond portfolio.