How should bond funds be bought?
1 Know your risk preferences and investment objectives.
Different investors have different risk preferences and investment objectives. Some people pursue high returns, some pursue low risks, some pursue stable returns, and some pursue liquidity. Therefore, when choosing a bond fund, you should choose a product that suits you according to your risk tolerance and income expectation. Generally speaking, investors with higher risk preference can choose products with higher risks but higher returns, such as credit bond funds and secondary debt bases. Investors with low risk preference can choose products with low risk but low returns, such as government bond funds and pure debt funds. Investors who pursue stable income can choose products that are open regularly or have the shortest holding period; Investors who pursue liquidity can choose ordinary open or short-term wealth management products.
2. Understand the operation mode and investment strategy of bond funds.
Different bond funds have different operation modes and investment strategies, which will affect the net value fluctuation of products, redemption rules, rate level and so on. Therefore, when buying bond funds, you should read the relevant instructions and contract terms carefully to understand the operating period, opening frequency, minimum holding period, performance comparison benchmark, risk warning and other information of the products. Generally speaking, the more flexible the operation mode, the more active the investment strategy, the greater the net value fluctuation, the more complicated the redemption rules and the higher the rate level; or vice versa, Dallas to the auditorium
3. Understand the trend and influencing factors of the bond market.
The bond market is a complex and changeable market, which is influenced by many factors such as interest rate, credit and liquidity. Therefore, when buying bond funds, we should pay attention to the trend and influencing factors of the bond market in order to grasp the opportunity to enter and exit the market. Generally speaking, the decline in interest rates is beneficial to the bond market, while the increase in interest rates is unfavorable to the bond market; The improvement of credit environment is beneficial to the credit bond market, while the deterioration of credit environment is not conducive to the credit bond market; Abundant liquidity is good for the bond market, while tight liquidity is bad for the bond market.
4 know your position cost and position duration.
After buying a bond fund, you should pay attention to the cost and duration of your position so as to adjust your position strategy in time. Generally speaking, the lower the holding cost and the longer the holding period, the greater the probability of obtaining positive returns; Or vice versa, Dallas is in the audience. Therefore, when buying bond funds, we should try to choose channels with lower rates or enjoy preferential discounts, and determine a reasonable holding period according to product characteristics and market conditions.