The winter solstice has not yet arrived, and the plummeting temperature in many places has already made a wave of existence for winter. On December 16, the ** Meteorological Observatory issued the first low temperature warning of this year, saying that the temperature in most parts of China will continue to be low in the coming week. It seems that this winter is another "tough battle", I wonder if you have done a full set of protection for heating and cold protection
In this cold weather, Fu Er also has a tip to share with the guest officer: research shows that due to the long nights and short days and lack of light, autumn and winter are more likely to make people feel sad, and more attention should be paid to emotional changes. So today, Fu Er wants to share with you a warm-hearted bond base to drive away everyone's investment.
In fact, before this, Fu Er has Amway this bond base many times, TA trading is convenient, active trading, can achieve on-site leverage, and it is still the only ETF in the market that has been listed to track the long-term government and financial bond index (as of 20239.30, which is the only one of the same kind of ETFs with a major investment ** with a pending period of more than 5 years), the historical return is relatively considerable, and TA isGovernment & Finance Bond ETF (Trade**: 511520;Join***Class A: 018266 Class C: 018267 Class E: 019596).
Why is the government bond ETF a heart-warming bond base?Let's use the data to speak. Today's intraday trading of the government and financial bond ETF** officially broke through 104 yuan and closed at 104042 yuan. Looking a little further, this is the tenth consecutive trading day of the ** price of government and financial bond ETFs**, a "mediocre" ten consecutive yangs;Looking further, this is the fourth time that the ** price of government and financial bond ETFs has "stepped up" this year, and in April, June and August this year, the ** prices of government and financial bond ETFs exceeded 101 yuan, 102 yuan and 103 yuan respectivelyIt can be said that it is an excellent debt base that plays steadily. As of today, the 2023 government bond ETF is priced at 421%, and the Shanghai Composite Index **513%。In the ** market, the importance of choosing the right bond base to stabilize volatility and increase income is self-evident, and the government and financial bond ETF may be the right choice. (Data**: wind, as of 2023-12-18, there may be a difference between the net value of the secondary market transaction** and the net value of the **share, and the historical rise and fall of the transaction ** does not indicate **future earnings.) ）
The rise in trading** is only one aspect, and the continued activity of trading is also a highlight of the government and financial bond ETFs. Recently, affected by the improvement of market sentiment and strong demand, the premium rate of government and financial bond ETFs has risen significantly in recent days, and the net inflow of funds in December was 3700 million yuan, and the single-day turnover on December 18 was 458.6 billion yuan. From a slightly longer perspective, funds have maintained their focus on government bond ETFs. In January, July and August this year, the average daily turnover of government and financial bond ETFs exceeded 2 billion yuan, 3 billion yuan and 4 billion yuan respectively. As of December 18, the average daily turnover of government and financial bond ETFs in December was 446.4 billion yuanThe average daily turnover in a single month continues to rise, which shows the favor of funds for government and financial bond ETFs. (Data**: wind, as of 2023-12-18.) ）
Data**: Wind, the statistical period is from October 25, 2022 to December 18, 2023. There may be a difference between the net value of the secondary market transaction and the net value of the share, and the historical rise and fall of the transaction is not indicative of future earnings.
Just like the classic sentence in "True Heroes" "No one can succeed casually", wanting to be a warm-hearted debt base is not something that can be done casually. The reason why the government and financial bond ETF can "send warmth" with outstanding performance is mainly due to four major advantages:
First of all, government and financial bond ETFs offer a new option on the exchange. The Government and Financial Bond ETF closely tracks the China Bond - 7-10 Year Policy Financial Bond Index, and is the only ETF in the market that has been listed to track the long-term Government and Financial Bond Index (as of 20239.30, the only ETF of the same kind that mainly invests ** with a pending period of more than 5 years), provides a long-term asset option for investors who are Xi to trading on the floor but suffer from the lack of suitable long-term products.
Second, government and financial bond ETFs can be leveraged on the exchangeBecause the government bond ETF can be pledged on the market, its pledge rate is about 95% (see the latest public information of the Shanghai Stock Exchange and ChinaClear for details of the conversion rate of standard bonds). By pledging in exchange for funds, investors can reinvest in government bond ETFs, and can also reinvest in other assets, which is equivalent to realizing the operation of on-site leverage.
In addition, the trading attributes of government and financial bond ETFs are strong. Although it invests in long-term assets, the government and financial bond ETF is convenient to trade, can achieve T+0 trading, and can achieve arbitrage through redemption, so the duration of 7-10 years can fully cope with the market, interest rate decline, etc.
Finally, the yield on policy financial bonds is relatively substantial. Long-term assets have the advantage of higher coupons, so they will fall relatively little in the face of adjustments in the same policy and other aspects. On the whole, the government and financial bond ETF is a good instrumentalized product.
Looking forward to next year, government and financial bond ETFs will still be a good asset allocation choice. Zhu Zhengxing, manager of the government and financial bond ETF, said that he is more optimistic about the overall performance of the bond market next year, and the center of bond yields may continue to move downward. In terms of bond investment strategy, it is necessary to pay attention to the allocation of long-term bond base. On the one hand, the long-term interest rate pivot has declined, and the natural coupon of long-term assets is higher, which can bring relatively significant returns. On the other hand, as bond volatility has fallen, it has become more difficult to obtain excess returns through trading, so it is advisable to add a long-term bond base from an allocation perspective. As the only government and financial bond ETF that tracks a long-term index in the market, it is a high-quality choice for investors to increase the duration with one click.
Risk Warning: The manager promises to manage and use the assets in good faith, diligence and responsibility, but does not guarantee that the company will be profitable, nor does it guarantee the minimum return. The manager reminds you of the "buyer's responsibility" principle of investment, and after making an investment decision, you shall bear the investment risks caused by changes in operating conditions and net worth. The Manager, the Custodian, the Sales Agency and the relevant institutions do not make any promises or guarantees regarding the return on investment. If the policy bank is restructured in the future, the nature of the policy financial bonds may change greatly, and the credit rating of the bonds may also be adjusted accordingly, and the investment may face certain credit risks. The market is risky, and investors need to be cautious. This product is issued and managed by Wells Fargo**, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. Investors investing in the index** should pay attention to the investment risks of the index**, including but not limited to the deviation between the index return of the underlying index and the average return of the market, the volatility of the underlying index, and the deviation of the return of the portfolio from the return of the underlying index.
Investment is risky, ** investment should be cautious.
Before investing, investors are requested to carefully read the "** Contract", "Prospectus" and other legal documents. **Equity may be lower than the initial face value and losses may occur. The Manager undertakes to manage and use the assets in a manner of honesty and trustworthiness, diligence and responsibility, but does not guarantee a certain profit or a minimum return. Past performance and its net worth are not indicative of future performance. The performance of other ** does not constitute a guarantee of the performance of this **.
The above information is for reference only, if you need to purchase relevant products, please pay attention to the relevant regulations on investor suitability management, do a good job of risk assessment in advance, and purchase ** products with matching risk levels according to your own risk tolerance.