Recently, the market ushered in the first interest rate cut in the Year of the Dragon, and the interest rate (LPR) of the loan market with a maturity of more than 5 years fell by 25 basis points to 395%, and the 1-year LPR remains unchanged. In the era of low interest rates, pure debt has outstanding advantages in risk-return ratio, or has high allocation value. It is reported that Yinhua Jingxin Bond Type** (Class A: 020213, Class C: 020214) will be issued from today. According to the share offering announcement, the ** bond investment ratio is not less than 80% of the ** assets, and does not invest in equity assets such as ** and equity convertible bonds, which can play a certain hedging effect in **large fluctuations**. The ** is helmed by Yinhua's stable investment team, adopting a dual-** manager system, and the proposed ** managers are Kan Lei and Gong Meiruo, both of whom have rich investment experience in the field of fixed income. Talking about the Yinhua Jingxin bond type ** that is being sold, Kan Lei said that as a pure bond product based on a short- and medium-term credit strategy, the ** is not the only investment goal with income, but on the basis of taking into account yield, volatility and liquidity, and strive to create "products with a certain market capacity and controllable drawdown" for investors. Kan Lei introduced that having a certain "market capacity" means that the scale and volume of the product can not only undertake the daily entry and exit of investors with a certain size, but also meet the investment demands of scattered funds in the channel; "Controllable drawdown" means that the overall drawdown of the product is controllable, and the portfolio duration and leverage will not be improperly manipulated to cater to the drawdown, and at the same time, it will not overemphasize the timing and strive to enable customers to obtain a better holding experience. As a pure debt type, Yinhua Jingxin bond type is not only suitable for the bottom position of the investment portfolio, effectively balancing the volatility and increasing the "anti-fall" ability of assets, but also suitable as a daily "spare money" financial product, investors can focus on. (Scroll to see).
Kan Lei's resume: Master's degree candidate. Worked in Chinese Life Asset Management***Industrial **Management***China Life Security**Management***Joined Yinhua** in February 2023 and is currently the manager of the Fixed Income and Asset Allocation Department. Since August 11, 2023, he has served as the manager of Yinhua Anying short-term bond investment, Yinhua Anfeng short-term policy financial bond investment, Yinhua Huiying one-year holding period hybrid investment, and since September 22, 2023, he has concurrently served as the manager of Yinhua Zhaoli one-year holding period hybrid investment, Yinhua Suifeng regular open bond initiation investment, and since December 21, 2023, he has concurrently served as the manager of Yinhua Zhichun bond investment.
Gong Meiruo's resume: Master's degree. He used to work in Southwest ** Co., Ltd. *** Weihai City Commercial Bank Co., Ltd. *** joined Yinhua ** in February 2019, served as the **manager and **manager of the third investment management department, and is now the **manager of the fixed income and asset allocation department. Since July 22, 2021, he has served as the manager of Yinhua Anfeng Medium and Short-term Policy Financial Bond Investment, Yinhua Short-term Policy Financial Bond Regular Open Bond Investment, Yinhua Fenghua Three-month Regular Open Bond Initiation Investment, and since June 2, 2023, he has also served as the manager of Yinhua Huiying One-year Holding Period Hybrid Investment, and since July 14, 2023, he has concurrently served as the manager of Yinhua Anying Short-term Bond Investment. Since December 21, 2023, he has also served as the manager of Yinhua Zhichun Bond **Investment***.
Kan Lei Gong Meiruo's current management performance is as follows: Yinhua Anfeng A's performance comparison benchmark is the yield of China Bond 1-3 year policy financial bond index, and the yield from 2019 to 2023 and since the effective date of the ** contract is respectively72%, and the benchmark rate of return for the same period was .30%。
The performance comparison benchmark of Yinhua Anying is the yield of the new comprehensive full price (less than 1 year) index of China Bond, and the yield of Yinhua Anying A from 2019 to 2023 and since the effective date of the ** contract are respectively48%, and the benchmark rate of return for the same period was .97%。The yields of Yinhua Anying C from 2019 to 2023 and since the effective date of the ** contract are respectively27%；The benchmark rate of return for the same period was .97%。The yields of Yinhua Anying D from 2022 to 2023 and since the effective date of the ** contract are respectively21%；The benchmark rate of return for the same period was .27%。
The performance benchmark of Yinhua Suifeng is the China Bond Composite Index (full price), and the yields from 2019 to 2023 and since the effective date of the ** contract are respectively42%, and the benchmark rate of return for the same period was .78%。
The performance comparison benchmark of Yinhua Fenghua is the yield of China Bond Composite Index (full price), and the yield from 2020 to 2023 and since the effective date of the ** contract is94%, and the benchmark rate of return for the same period was .16%。
The performance benchmark of Yinhua's short- and medium-term government and financial bonds is the yield of the 1-3 year policy financial bond index of China Bond, and the yield from 2019 to 2023 and since the effective date of the ** contract is respectively36%, and the benchmark rate of return for the same period was .72%。Data**: Periodic reporting; 2023.12.31。
Dear Investors: Public Offering **Investment** (hereinafter referred to as "** is a long-term investment tool, its main function is to diversify investment and reduce the individual risks brought about by a single investment**. Unlike financial instruments such as bank savings that can provide fixed income expectations, when you buy a product, you may not only share the income generated by the investment according to the share you hold, but also bear the loss caused by the investment.
Before you make an investment decision, please carefully read the legal documents of the product such as the contract, the prospectus and the product key facts statement and the risk disclosure, fully understand the risk-return characteristics and product characteristics of the product, carefully consider the various risk factors existing in the company, and fully consider your own risk tolerance according to your own investment objectives, investment period, investment experience, asset status and other factors, on the basis of understanding the product situation and sales suitability opinions. Rational judgment and prudent investment decisions.
In accordance with relevant laws and regulations, Yinhua ** Management Shares *** makes the following risk disclosures:
1. According to the different investment objects, **divided into **hybrid**, bonds**, money market**, medium**, commodities** and other different types, you will get different income expectations for investing in different types of **, and will also bear different degrees of risk. In general, the higher the expected return, the greater the risk you take.
2. In the process of investment operation, we may face various risks, including market risks, as well as our own management risks, technical risks and compliance risks. Huge redemption risk is a risk unique to open-ended**, that is, when the net redemption application of a single open day** exceeds a certain percentage of the total share (10% for open-ended and 20% for regular opening**, except for special products stipulated by the CSRC), you may not be able to redeem all the **shares of the application in time, or the payment of your redemption may be delayed.
3. You should fully understand the difference between regular fixed investment and lump sum deposit and withdrawal. Regular investment is a simple and easy investment method to guide investors to make long-term investment and average investment costs, but it cannot avoid the inherent risks of investment, cannot guarantee investors to obtain returns, and is not an equivalent financial management method to replace savings.
4. 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 past performance of the ** and its net worth are not indicative of its future performance, and the performance of other ** managed by the **Manager does not constitute a guarantee of the performance of the **. Yinhua ** Management Shares *** reminds you of the "buyer's responsibility" principle of **investment, after making an investment decision, the investment risk caused by the change of **operating conditions and **net value shall be borne by you. The Manager, the Custodian, the Sales Agency and the relevant institutions do not make any promises or guarantees regarding the return on investment.
5. Yinhua Jingxin Bond Investment** is managed by Yinhua ** Shares *** hereinafter referred to as "**Manager") in accordance with relevant laws and regulations and agreements, and is licensed and registered by the China ** Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission"). This Contract, Prospectus and Key Facts Statement have been approved by the China Securities Regulatory Commission (CSRC) and the Administrator (CSRC).yhfund.com.CN made a public disclosure. The registration of this ** by the China Securities Regulatory Commission does not indicate that it has made a substantive judgment or guarantee on the investment value, market prospects and returns of this **, nor does it indicate that there is no risk in investing in this **.