it can be calculated by observing various data.
as a bond asset, Chinese dollar debt has a larger income and fluctuation than domestic bond assets, so we can take domestic bond assets as the base position and Chinese dollar debt allocation as the enhancement part to construct an absolute income strategy. The result of the allocation of the above positions is a configuration scenario. The upper limit of the allocation of Chinese dollar bonds is 75%. When the multi-dimensional scoring system is below 4, it is cautious about Chinese dollar bonds, allocating 75% domestic bonds (long-term pure debt fund index) and 25% Chinese dollar bonds. When the score is 4~6, Chinese dollar bonds are in a neutral view, and the allocation of Chinese dollar bonds is raised to 5%. When the score is above 6, it is optimistic and increases the allocation of Chinese dollar bonds. We can adjust the upper limit of its allocation to achieve different enhancement effects. On the other hand, we can change the Chinese dollar debt index into a configurable Chinese dollar debt QDII fund to build a fund portfolio, thus realizing the landing of the strategy.
Chinese-funded US dollar bonds are US dollar-denominated bonds issued overseas by mainland enterprises. For domestic investors, Chinese-funded US dollar bonds are a kind of fixed-income assets with high cost performance. The main reason is that Chinese-funded US dollar bonds issued by the same entity have higher returns than domestic bonds due to the lack of ratings and other reasons. At present, there are many QDII funds in Public Offering of Fund market with Chinese dollar debt as the underlying assets. By investing in these funds, Chinese dollar debt assets can be easily allocated, and Chinese dollar debt has performed well in recent years.