Judging from the nature of the product. Caitong Asset Management Hongyi Short-term Debt C belongs to pure debt fund, which only invests in bonds and short-term bonds. Among all kinds of bonds, the risk of short-term bonds is lower than that of long-term bonds. The essence of bonds is to borrow money. The longer you borrow money, the longer you sleep, so the risk of short-term bonds is relatively low.
Judging from the historical performance. The Fund was established in September last year, with the fourth quarter increase of 20 1. 16% and the sixth quarter increase of 20 1.2 1%. Judging from the historical performance, it has obtained absolutely positive expected returns, and the expected returns are relatively stable. It can also be seen from the daily net growth of this fund that the stability of short-and medium-term debt funds is relatively high. The daily net value of short-term and medium-term bonds of Hony Capital Management of Caitong increases by about 0.0 1%-0.04%, and may occasionally decrease by about 0.0 1%, so the overall fluctuation is very low and the risk is not high.
Judging from the size of the fund. The fund size of Caitong Asset Management Hony's short-term and medium-term debt C is only 83 million. The bond market is not as big as the stock market, which is not too bad, but the fund size is too small. If a bond is trampled, the net value of the fund will be affected. It's still quite big, which is a defect of this fund.