1. In addition to the advantages of money market funds, short-term debt funds also have the following two characteristics: good liquidity: zero commission, redemption money T+2 to the account; Lower risk: the credit rating of investment products is high, and the income is shared equally every day, which is less affected by market price fluctuations.
2. Short-term debt funds are named after the short term of bonds invested. The investment scope is limited to bonds, central bank bills and other fixed-income varieties and bank deposits, and stocks and convertible bonds are not invested.
Extended data
Specific examples
Fund name: Changxin short-term debt securities investment fund; Fund category: bond securities investment fund; Fund code: 519985; Fund manager: Changxin Fund Management Co., Ltd.; Fund custodian: Postal Savings Bank of China Limited
Investment objective: control the duration of the investment portfolio within three years, and strive to achieve the investment income beyond the benchmark on the basis of pursuing the principal security and maintaining the liquidity of the fund assets.
Investment concept: Based on the prospect of economy and bond market, we adopt top-down investment strategy, and provide investors with stable and sustainable investment income through active management investment strategy and strict capital risk control.
Investment strategy: adopt active management investment strategy, control the duration of investment portfolio within three years, and improve the fund's return rate on the premise of controlling interest rate risk, minimizing the risk of fund net value fluctuation and meeting liquidity.
Benchmark: three-year bank time deposit interest rate (after tax).
Risk-return characteristics: bond funds, with higher expected returns and risks than money market funds, are lower than hybrid funds and equity funds, and belong to low-risk funds.