That is, if the stock market is booming and the market is good, then investors will pursue higher returns, so the funds in the bond market will flow to the stock market, and the funds will push the stock market up, so the stock market will rise.
On the other hand, if the stock market is not good, investors will withdraw their funds from the stock market and turn to the bond market with lower investment risk. Driven by funds, the bond market will rise.
Extended data
Bonds are issued by enterprises and countries, and they all have a characteristic: they have a certain term, and the principal and interest are returned at maturity, and the interest is higher than that of bank deposits. Therefore, the risk of buying a pure debt fund is not great, and its biggest risk is that it cannot keep up with the pace of inflation.
First, pure debt funds are common in the market.
Short-term and medium-term debt includes easy-to-accumulate monthly income, Taixin short-term debt, Jiashi short-term debt, AIA short-term debt, Bosera stable value, Nuoan short-term and medium-term debt fund and Southern Dolly short-term debt fund; Huaxia bond is also a pure bond fund.
Second, what are the characteristics of pure debt funds?
1, high security and low risk.
First of all, let's talk about a data. According to Xi Cai Jun's statistics, during the period of 16 from 2006 to 20 16, the expected rate of return of China's pure debt funds never suffered a loss, that is, in (2009, 201kloc-0/2065438+). Second, pure debt funds invest in financial instruments with fixed expected returns, such as treasury bonds and financial bonds, and their safety is trustworthy. To sum up these two points, pure debt funds are characterized by high security and low risk, which goes without saying.
2. The expected return is stable.
Because pure debt-based funds are investment products, they are little affected by market fluctuations. Therefore, its expected return is also very stable, and it needs to be held for a long time to have a relatively satisfactory expected return. In recent years, the expected rate of return of pure debt funds in China is around 6%, which is still very good.
3. Low cost.
Compared with other bond funds, pure bond funds do not charge subscription or subscription fees, and the redemption rate is relatively low. Therefore, the total cost of investing in pure debt funds is relatively low, and it is also very popular among investors.
Third, be careful not to buy pure debt funds whose purity is not 100%.
Everyone knows that pure debt funds are good. Therefore, many fund companies will advertise as pure debt funds when issuing fund products, but they are not pure debt funds with a purity of 100%. The most common way is to add convertible bonds to the pure debt base. Although convertible bonds are also bonds, they can be converted into stocks under certain conditions, which will greatly enhance the risk of pure debt funds. Therefore, everyone must pay attention to this when buying pure debt funds.