First, the characteristics of short-term debt funds
1, risk
The investment targets of short-term debt funds are mainly short-term bonds, central bank bills and other varieties with higher security levels, and do not invest in the stock market. The term of the portfolio is generally controlled within three years.
Short-term debt funds are valued by market value method. Due to the fluctuation of bond prices, the short-term debt base may withdraw, but the withdrawal range is small and the fluctuation is not big.
Generally speaking, the investment risk of short-term debt funds is low, and the risk level is generally R2, which is slightly higher than that of money funds, and it is suitable for investors with low risk preference.
2. Asset liquidity
Short-term debt funds are generally closed for less than three months and can be redeemed at any time. The redemption time is T+ 1 day and T+2 days, so the short-term debt fund has strong liquidity.
3. Purchase threshold
The subscription threshold of short-term debt funds is relatively low, and generally 1 yuan or 10 yuan can buy them. Compared with stock funds or hybrid funds, the subscription rate of short-term debt funds is much lower. The average management rate of short-term debt funds is around 100, and the average custody rate is around 100.
Second, is it a loss to buy short-term debt funds?
Although the risk level of short-term debt funds is low, it does not mean that there is no risk. When the market interest rate rises or a large number of redemptions are encountered, the bond price will fall, and the expected return of investors will also be affected. When the bonds held by the fund default, the expected income of the fund may decrease, and investors also have the risk of principal loss.
How about the short-term debt fund above? I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.