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Why does China's medium and short-term debt bond C always fall?

Short-term debt bond C is not a capital preservation product, and it may cause losses. The main goal of the Fund is to obtain sustained and stable short-term investment income by properly controlling the duration of the asset portfolio while maintaining the characteristics of high liquidity. The main investment strategies include bond category allocation strategy, duration management strategy, yield curve strategy, credit bond investment strategy, private placement bond investment strategy of small and medium-sized enterprises, asset-backed securities investment strategy, flexible strategy of utilizing short-term market opportunities, and treasury bond futures investment strategy.