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Why did Bosera Fund fall so badly?
Hello, the recent performance of Bosera Fund is really bad.

Bosera's bond funds have always been known for their high risks in the industry, and their net value has changed greatly, and their volatility is among the best among bond funds. In order to preserve the value, basically no one bought it, mainly bought it as a band. In the past two or three months, bonds have plummeted. Due to the heavy and high-risk bond varieties such as convertible bonds, coupled with high stock positions and particularly high leverage, it is not difficult to understand the bottom ranking. If the market turns better, boss will rank first. They are such a stand style, which is basically unchanged. If it goes up, it will go up, and if it goes down, it will plummet.

This year, Boss misjudged, and the stock side has been not optimistic about growth stocks. This year is precisely the market of growth stocks, and value stocks have no chance. Especially non-ferrous coal, fell by 30% in the first half of the year. Boss misjudges and counts down naturally.

Generally speaking, the first half of the year was not smooth, with high-level changes, the loss of fund managers and the bottom of performance. It takes time for new leaders and changes in investment research teams.

If you don't understand, sincerely welcome questions; If I am lucky enough to help you, please adopt in time! thank you