After the correction in June, the A-share market entered the shock range after a slight rebound. In the past two weeks, the index has experienced a relatively sharp decline again. Affected by the stock market, the investment risk of equity funds has increased. In order to avoid risks, many investors transfer their funds to money funds. The following small series analyzes which products should be bought if you want to exceed the yield of the money fund.
However, the yield of the money fund has fallen sharply this year. Wind statistics show that in the eight months before August 3 1 this year, the average net growth rate of money funds in the whole market was 2.43%, which was much weaker than that in the past two years. For investors who are not optimistic about the stock market, but are not satisfied with the annualized rate of return of 3.65% of the money fund, what investment products with relatively higher rate of return, better liquidity and higher security can be found at present? China Fund News reporter combed four kinds of investment products for your reference.
Variety 1: P2P products
At present, there are many P2P products on the market, and the qualifications of companies are uneven. For investors, investment in P2P products should comprehensively consider the company's qualification, product yield and liquidity. Lufax, a financial platform of Ping An Group, has launched a demand financial product-odd jobs. Official website shows that the investment threshold of this product is 1 yuan, the expected annualized rate of return is above 4.8%, and the capital can be withdrawn at T+ 1 day.
In addition, individual P2P companies cooperate with fund companies to launch products similar to FOF. For example, Easy Loan's Tian Li current wealth management product of P2P company allocates 40% of its assets to China Resources Yuan Big Cash Income Monetary Fund, and 60% of its assets are invested in short-term loan projects of Easy Loan Platform. The company said that the expected annualized rate of return of products is around 7.3%.
Variety 2: Open-ended pure debt fund
In September, A-shares opened "green", and Bosera Fund said that in fixed-income investments, the long-term interest rate range is expected to open. "The economic fundamentals are not ideal, pushing down long-term interest rates, and the stock market consolidation has led to an increase in risk aversion. From the perspective of configuration, the overall pattern is a long-term calf pattern, and the short-term is still dominated by coupons. " Chen Zhixin, research department of Bosera fixed income. Shi Tongliang, fixed income investment department of Morgan Stanley Huaxin Fund, believes that loose monetary policy will greatly reduce credit risk, which will benefit the bond market and help promote the double decline of debt and asset returns.
Although institutional sources predict that the yield of bond funds will be lower than last year's level, it is still a high probability event to achieve positive returns and surpass the yield of money funds. When investing, in order to avoid the impact of stock fluctuations, you can choose an open-ended pure debt fund with good liquidity.
Variety 3: Overseas high-yield bond QDII
Recently, the RMB exchange rate has fluctuated, and overseas stock markets have also experienced ups and downs, but overseas bond markets are still expected to have relatively stable yields. QDII, a fund manager of a fund company in Shenzhen, said that there is no obvious systemic risk in overseas high-yield bonds at present, and the overall rate of return is considerable at 5%~ 10%. In addition, QDII can hedge the loss of RMB depreciation.
The liquidity of overseas high-yield debt QDII is relatively poor. Due to the long working days of QDII subscription and redemption, the longest redemption can reach 9 working days, and investors who need to use funds in the short term are not suitable for QDII investment.
Variety 4: Some short-term financial monetary funds
After the establishment of Weizhong Bank, the first APP was launched, and its "current+"wealth management products were connected with Guo Jin General Monetary Fund. The data shows that the yield of this product is stable above 5.3%. According to industry analysts, the yield of this fund is significantly higher than the average income of the money fund, which is unsustainable in the long run, but it is not bad to enjoy its income in the short term.
Financial information comes from cooperative media and institutions, and is the author's personal opinion, which is for investors' reference only and does not constitute investment advice. Investors operate accordingly, at their own risk!