9177 is Oriental Yongyue. This bond was opened on May 9, 22. It is a pure bond securities current fund with a scale of 2.969 billion. The manager is Oriental Fund Management Co., Ltd., and the current subscription status and redemption status are closed, which is currently set at 18 months.

I. Classification of bond funds

According to different investment directions, domestic bond funds can be divided into three categories: standard bond funds, namely pure bond funds, ordinary bond funds, and ordinary bond funds, such as convertible bonds; Pure debt funds only invest in the bond market, do not participate in new shares, and do not invest in stocks. Among the four types of bond funds, the risk is the least. This kind of debt base is easy to identify and generally bears the words "pure debt". In the past year or two, many short-term debt funds have joined the market. The long-term income of short-term debt funds is about 1-2% higher than that of money funds, and the risk is not great. Credit funds usually invest in corporate bonds, with slightly higher risks and higher returns. When investing in long-term pure debt funds, there will be fluctuations of 5-1%, with higher risks but higher returns. At present, there are more than 1,5 bond funds in China, of which medium and long-term pure debt funds are the largest, accounting for 65%. Convertible bond funds mainly invest in convertible bonds, while pure bond funds have low returns and low risks.

second, the risk of bond investment

from the moment we buy bonds, the yield to maturity holding bonds is fixed. But the market price of bonds is constantly changing. For example, this is a bond bear market. If you want to sell your bonds, you must sell them at the current market price. Simply put, the bond market price fluctuates, and selling in the middle may make money or lose money. Not many people invest in bonds. On the one hand, most people don't like studying. On the other hand, they prefer high-yield stocks. Therefore, some bonds are not active in trading, and there may be a price without a market. Some bonds are still liquid for the time being, and no one will buy or sell them for the time being.

Finally, many people will buy bonds now, because the risk is relatively low, but if they operate well, they may also get great benefits.