In 2023, the A** market will continue, the market will change, and investors' risk aversion will be high. In stark contrast, the short-term pure debt** index rose by 297%, the medium and long-term pure debt index rose by 322%。Short- and medium-term bonds** have attracted the attention of investors because of their low risk volatility and high liquidity, and Guolian Yingze short-term bonds**, a subsidiary of Guolian**, are one of the representatives.
Short- and medium-term bonds** are a kind of short- and medium-term pure debt**, which mainly invests in fixed income assets with good liquidity, with a duration of usually 1-3 years, between short-term bonds** and medium- and long-term bonds**, which can better balance profitability and liquidity. The proportion of short-term bonds invested in bonds is not less than 80% of the assets, and short- and medium-term bonds with a duration of less than 3 years are preferred, and "stock" assets such as ** and convertible bonds are not invested, and strive to bring long-term and stable returns to investorsThe portfolio adopts a short- and medium-term bond investment strategy, mainly focusing on medium and high-grade bonds, with the goal of having higher coupon income and leveraged income.
Guolian Yingze short-term bond a** in 20206.17 transformations, as of 20239.30, with a total return of 1020%, compared to 876%。As of December 15, 2023, it ranked 9 137 in the past year and 8 94 in the past two years, both ranking in the top 9%. (Data**: Periodic Report of the League of Nations, as of 2023.)9.30, Rank**: Galaxy**, as of 202312.15, 20231216 release).
Guolian Yingze short and medium-term bonds are escorted by double managers, Pan Wei has 14 years of experience in the industry, 4 years of management experience, attaches importance to fundamental research, based on macro analysis and asset allocation, strictly controls risks, looks for relatively certain returns in the rapidly changing market, selects varieties that can obtain excess returns and long-term allocation value in asset varieties, and pursues lower volatility returns through the optimization of multi-asset portfoliosHan Zhengyu has 6 years of experience in the industry and 2 years of management experience, attaches great importance to fundamental research, closely tracks policy dynamics, always pays attention to changes in the capital side, and prefers cash management, and strives to balance the relationship between liquidity, profitability and safety.
Behind the outstanding performance, thanks to the professional and strong investment research team, Guolian ** relies on solid fixed income investment and research strength, rich market operation experience, flexible and stable investment style, to create a rich fixed income product line, and the performance is relatively outstanding. According to the data of Galaxy**, as of the end of November 2023, the active bond management ability of Guolian** ranked 17 88 in the past four years and 22 74 in the past five years. (Data**: Galaxy**, as of 2023.)11.30, 20231201 release).
In the first half of this year, under the influence of factors such as economic recovery, abundant liquidity in the bond market, and falling interest rates, bond** performed prominently. Looking ahead, Guolian believes that the bond market may remain the best in the short term, focusing on medium and high-grade credit bonds with appropriate duration, and focusing on improving the overall liquidity of the portfolioAdhere to a prudent investment style and strictly control credit risks. In the face of market volatility, investors are advised to pay more attention to the steady returns brought by holding bonds for a long time**.