129788422102187500_176Since the beginning, overall performance go hand in hand, the bond market more blooming scene.
As of March 31, bond wealth index refresh in one fell swoop early highs, bond index and the enterprises bond index, trend up to nearly 30 degrees angle of climb. Face of bovine bond, bond funds in the new fund offering on the market rise, especially pureBond funds are in great demand, e pure debt front, Wells Fargo new days, John c. McGinley Fund unveiled at heel in the South, are investors actively subscribed. Analysts pointed out that the pure bond fund is different from the number currently on the market leading levels of debt-based, and the second-level debt-based, its revenue entirely from bond investments, including various types of fixed income, such as government bonds, bank deposits, the agreement of credit debt,Therefore expected with less risk. According to Galaxy securities statistics
tera power leveling, since 2005, pure Bond Fund (long standard type) are gains over the whole
tera power leveling, overall performance characteristics of stable, low-risk. Worthy of attention is, and has been compared to pure bond fund and Wells Fargo new front, easy to reach pure debt, jinli in more strict on the subject of investment in the South, clearly states do not participate inBond investments, further reducing the expected risks.
However, in anticipation of less risk at the same time, with the outstanding performance of recent credit products, pure bond fund earnings but also be in sight. Specifically, data show that compared to interest rates, credit product performance significantly in the near future lead. As of March 30, since the beginning of this year, listing on the Shanghai Stock Exchange 06-Gan castDebt (120,609, data) to 11.09% gain lead corporate bonds, 90,000 debt rose smiling proud of 7.61% company debt; 06 Shandong Luneng bond (111,032, data) up to 5.25% per cent lead Shenzhen Stock Exchange corporate bonds, 09 sea debt rose smiling proud of 7.67% Shenzhen Stock Exchange corporate bonds. In this regard, Wells FargoFeng Zhao Hengyi proposed fund managers analyze the new day, was under the influence credit product expansion in the near future. Finance survey data and statistics show that a quarter of the year, issuing corporate bonds and common corporate bonds 146, cumulative size of 280 billion yuan, and the first quarter of last year, these two types of credit products offering 123 issues, a total of $ 140.9 billion. The other hand, in 2011,The relaxing of monetary policy has had a relatively large, great ease liquidity appear, which increases the bond issuer financing convenience, help reduce credit risk. Yifangdachun Bond Fund Manager to be appointed Ma Xide said that after last year's substantially upstream
tera gold, credit spreads there is a natural process of mean reversion. In addition, with the easing of monetary policy effect of graduallyNow, tend to improve economic fundamentals and corporate profitability improved, credit spreads will decline.
Low level at the current credit debts, especially credit debt coupon interest rates relatively high investment opportunities highlighted. On the credit debt investment operations, said Zhao Hengyi, due to credit debt in the first quarter average coupon rate of 7.38%, 6.64% large sites over the same period last yearRose, so to get the coupon income as the primary and, combined with the repo transactions and strive to greater excess return, or keep scrolling to obtain credit debt by buying back of rate of return and cost of capital spreads further thickening of the income of the Fund.
Others:
No comments:
Post a Comment