For comments on the new fund, please refer to fol.com/130704/105,1499,15471286,00.shtml.
Let's talk about my personal views. There is a risk, but it is not big, which will cause the principal loss within 10%. Much smaller than stock funds.
However, this is only a bond fund with high risk, and its risk and expected return level are lower than those of stock funds and hybrid funds, but higher than those of money market funds.
The Fund mainly invests in government bonds, central bank bills, financial bonds, subordinated bonds, local government bonds, corporate bonds and corporate bonds, medium-term notes, short-term financing bonds, asset-backed securities, convertible bonds (including convertible bonds traded separately), bond repurchases, bank deposits and other fixed-income financial instruments allowed by laws, regulations or regulatory authorities. The Fund does not directly buy equity assets such as stocks and warrants from the secondary market, but can participate in the subscription or issuance of new shares in the primary market, and hold assets such as stocks formed by convertible bonds or warrants traded separately by convertible bonds. Stocks, warrants and other assets held for the above reasons shall be sold within 10 trading days from the date of trading.
The proportion of the fund's investment portfolio is: the investment proportion of the fund's bond assets is not less than 80% of the fund's assets, and the total investment proportion of credit bonds and convertible bonds is not less than 80% of the non-cash fund assets; The cash held by the Fund and government bonds with maturity within 1 year shall not be less than 5% of the net asset value of the Fund.
Heavy convertible bonds, convertible bonds are the most risky kind of bonds, and their prices change greatly. It is entirely possible to drop 10% in a single month, referring to the performance of other pure convertible bonds funds in June this year. Fortunately, this is not a pure convertible bond fund, but the risk will not completely disappear.
Therefore, if you just want the principal to grow steadily and are unwilling to bear the loss, it is recommended not to subscribe for this fund.
If you don't understand, sincerely welcome questions; If I am lucky enough to help you, please adopt in time! thank you