Risk analysis of short-term debt fund I: product nature
Short-term debt funds and money funds are both fund products. In addition to capital preservation funds, fund products are not capital preservation, and the net value changes every day, as are short-term debt funds. Short-term debt funds themselves belong to bond funds, and 80% of fund assets should be invested in bonds, while money funds mainly invest in deposits, certificates of deposit and other varieties with good liquidity, so the risk of short-term debt funds is higher.
Risk analysis of short-term debt fund II: investment scope
80% of the fund assets of short-term debt funds should be invested in bonds, and the limit on the remaining term of bonds is looser than that of money funds. The longer the bond term, the higher the expected return and the greater the risk. Therefore, from the perspective of investment scope, the risk of short-term debt fund is slightly higher than that of money fund, which belongs to medium and low risk.
Risk Analysis of Short-term Debt Fund III: Historical Performance
According to statistics, there are about 19 short-term debt funds in the market at present. Judging from the historical performance of this 19 short-term debt fund, the net value of the fund has not retreated much, the net value fluctuates slightly, and the expected return is relatively stable. Judging from the historical performance of short-term debt funds, its risks are relatively controllable.
Based on the analysis of the above three aspects, the risk degree of short-term debt fund is slightly higher than that of money fund, which belongs to medium and low risk. The daily net value of such funds fluctuates little, the expected income is relatively stable and the investment risk is not high.