1, investment direction
Short-term debt funds mainly invest in fixed expected return instruments with a slightly longer term, such as government bonds, local government bonds, central bank bills, bank deposits and bond repurchase. Because the investment period is generally short, generally 6 to 12 months, short-term debt funds have strong liquidity and risk resistance. A small amount of funds will be invested in investment instruments with higher expected return, such as corporate bonds and financial bonds, so short-term debt base may obtain higher expected return on investment.
2. Exchange rules
The subscription starting point of short-term debt funds is relatively low, usually 1 yuan can be subscribed, and most short-term debt funds have no limit, as long as investors can basically buy them on the trading day. Redemption money usually arrives in T+2 days, which is relatively liquid.
3. Expected income of the Fund
The risk rating of short-term debt funds is higher than that of money funds, and their expected returns are generally higher than that of money funds. The expected average expected return of short-term debt funds is around 4.5%, so short-term debt funds are also called enhanced versions of money funds.
4. Risks of short-term debt funds
The investment risk of short-term debt funds is slightly higher than that of money funds, but among all kinds of bond funds, short-term debt funds still belong to low-risk investment varieties. However, low risk does not mean no risk. Some of the short-term bonds invested by short-term debt funds are credit bonds, so there is also credit risk in short-term debt funds, that is, the risk of default by brokers.
In addition, when the market fluctuates, the fund's net value and bond price may fall, thus affecting the expected return of the fund and even losing money.
What are the characteristics of the above short-term debt funds? I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.