The first is to see if there is a debt base in your asset basket. The stock market is depressed. At present, the economic cycle is still in the "quadrant" of bonds, and the risk of focusing on the allocation of fixed-income products is relatively small.
Secondly, we should choose bond funds according to our own risk preference. Those with strong risk tolerance can choose flexible debt bases such as secondary debt base, graded debt and closed debt, while those with relatively low risk tolerance can choose pure debt or primary debt. Compared with bond funds and other varieties with similar risks and returns, with the central bank cutting interest rates twice this year, the income of bank wealth management products also showed a downward trend. Although the debt base also has the risk of short-term net value fluctuation, it can still provide investors with long-term stable income on the whole.
The third is to understand how bond funds are classified. If you don't invest in the stock market, play new shares or invest in convertible bonds, the income will come entirely from fixed-income products, and the stock market is a pure debt fund. Obviously, pure debt funds have the lowest correlation with the stock market. Compared with the common primary and secondary debt bases in bond funds at present, the overall average rate of return of pure debt funds (long-term standard bond funds) has been positive since 2005, and the average compound annual rate of return from 2005 to 20 1 1 year is 6.9%. Even in the 20 1 1 year when the bond fund lost money, the pure debt fund brought positive returns to investors.
Finally, we should choose the strength of the company and the strength of the fixed income team. There are only six fund companies with fixed income exceeding 40 billion in the whole market. The larger the scale of fixed income, the stronger the information synergy advantage and bargaining advantage of research and transaction.