今年上半年,债券型基金业绩表现突出,海通证券(600837,股吧)数据统计,截至6月30日,今年上半年债券基金以5.79%的平均回报在各类型基金中居首,其中纯债基金更以6.37%领涨群基,即使在去年沪指暴跌逾21%的背景下,仍实现正回报。债券型基金,尤其是以信用债为主要投资标的的产品被一致看好。

In the first half of this year,A bond fund performance outstanding,Haitong securities(600837,Shares it)Data statistics,By June 30,,In the first half of this year bond fund with 5.79% of the average returns in each type of fund preeminence,Among them pure debt fund 6.37% more in order to bring up the group,Even in HuZhi crash last year under the background of more than 21%,Still achieve positive returns。Bond fund,Especially with credit debt for the main investment mark product was agree。

　　正在工行等热销的银华纯债信用债基金拟任基金经理于海颖认为,在流动性逐渐宽裕、政策基调开始趋“稳”的情况下,结合通胀下行、降息周期等预期,根据经济的长期历史数据看,这一阶段的债券市场仍具有比较好的投资价值。而目前信用债的收益和信用利差均处于历史较高水平,加之国内信用债市场的持续扩容和违约风险相对较低,因此信用债券的投资机会将进一步提升。而银华纯债信用债基主要以信用债为投资标的,信用债投资比例不低于基金债券资产的80%。

The mechanism of sell like hot cakes, icbc is pure debt credit debt fund aspiring fund manager YuHaiYing think,In liquidity well gradually、Policy fundamental key began to fashion“stability”Under the condition of the,Combined with inflation down、Cycle of expected to cut interest rates,According to the historical data to see long-term economy,In this stage, the bond market still has a good investment value。And at present credit debt in revenue and credit spread in historical are high,Together with the domestic credit debt market continues to expansion and the risk of default is relatively low,So the bonds investment opportunity credit will improve。The mechanism and pure debt credit debt base mainly credit debt for investment targets,Credit debt investment proportion is not less than 80% of the assets bond fund。

　　自成立以来,银华基金(博客,微博)一直重视产品线的完善,尤其是固定收益类产品的投研。于海颖介绍,银华基金固定收益投研团队由基金经理、基金经理助理、研究员在内的12名成员组成,这样的人员配置水平在国内基金公司中处于较高水平。得益于这样的架构体系,银华目前的债券研究实现了全市场、全产品的覆盖,这也为银华旗下的固定收益产品获得长期、稳定、均衡的收益提供了相对有力的支持和保证。海通证券数据统计,截至7月6日,于海颖管理的银华永祥过去三个月净值增长率在同类可比的16只保本基金高居榜首。

Since the establishment of,Mechanism to fund(blog,Micro bo)Has always attached great importance to the improvement of the product line,Especially fixed income kind of products for research。YuHaiYing introduced,The mechanism to the fixed income funds for research team by fund manager、Fund manager assistant、Researchers in 12 of members,Such staffing levels in domestic fund company in a higher level。Thanks to this framework system,The mechanism of the current study realized the full market bonds、All of the products covered,This also for the mechanism to its fixed-income products gain long-term、stability、Balanced gains provide relatively effective support and guarantee。Haitong securities data statistics,By July 6,,YuHaiYing management mechanism for the past three months, net value in the similar like growth only 16 guaranteed fund rank high on the list。