2012 September fixed income fund investment strategy report

based on defense, cut the duration

Zhang Linlin Zhang Jianhui

investment strategy

"drop lever + contraction duration", http://www.boutiqueslouboutinpascher.com/ - louboutin pas cher ; combination attack -- open the bond fund investment advice

looking forward to the next stage, the cumulative effect of the policy of gradually to reverse the market pessimism, economic low to stabilize compared to the same period, inflation will rebound "relay" financial pressure to become market adjustment of the new "driving force", http://www.masonworld.com/adding-feedflare-to-b2evolution-with-multiple-blogs/ - rich new peak premi ;, at the same time, significant expansion of credit debt will also increase the bond market to adjust the pressure, therefore, the next market performance, http://www.shopchristianlouboutinoutletus.com/ - louboutin outlet , we hold a relatively cautious attitude, the fund investment strategy in defense.

categories of asset allocation, the current bond yields are relatively low, while the repo rate is still at a relatively high level, the spread is relatively limited, if funds are tight again and may even be negative, high repurchase leverage amplification losses may, to use leverage is not recommended to large scale.Considering the recent continuous adjustment after the end, short rates have reflected the financial impact to a large extent, http://www.louboutinoutletredbottom.com/ - christian louboutin outlet , the follow-up to continue to adjust the space is limited, we maintain two of the Quarterly Bulletin "gradually shortened duration", http://cn.todaystudio.net/viewthread.php?tid=201675&extra= - up 2 no overall dis ; point of view.

expiration year returns attractive -- ordinary closed-end bond funds investment advice

overall, although the closed-end bond funds overall discount advantage has weakened, but the 7%~8% expiration year returns in the current debt weak shock environment has a certain attraction, http://blog.arvixe.com/how-to-easily-receive-10-off-your-hosting-account-by-linking-to-arvixe/ - 11 0 higher than th .However, as the market turmoil often can test the fund's investment ability, product selection should be based on the investment management ability as the key link, annual income and discount margin for the line, preferably relative advantage of individual investment, such as double bonds, Penghua Fengrun, easy base years Feng, constructs the letter credit, ICBC, BOC Credit four season etc..

cautious in leveraged investment - grade fund high risk share investment advice

despite the early market pressure to financial pressure has eased, but the subsequent economic low to stabilize and year-on-year inflation rebounded to establish will become a new restriction factor, the bond market adjustment pressures still exist in.Under this background, high risk share leverage will significantly enlarge the loss, ordinary investors cautious participation, but for high market sensitivity of professional investors, may be appropriate to grasp the full adjustment stage after the rebound in prices, increase B, B, B, Yuxiang debt Tim Lee B, http://www.itapple.com/viewthread.php?tid=2412632&extra= - 3 points the economy , Wanjiali B attention, http://www.shopchristianlouboutinuksale.com/ - louboutin uk .

"fixed income", http://www.shopchristianlouboutinuksale.com/ - christian louboutin uk ; feature advantages -- grade fund low risk share investment advice

rates downward cycle, http://www.boutiquesisabelmarantshop.com/ - isabel marant , highlighting the closed period of absolute return characteristics of products, suitable for low risk preference, the pursuit of stable income, and the use of funds do not ask for the investors, as the IMF upgrade replacement product, the celebration of 800A, double A, A can focus on the SME board, http://www.shopchristianlouboutinoutletus.com/ - christian louboutin outlet .

second half closed, http://www.louboutinoutletredbottom.com/ - louboutin outlet , limited period of product also has a good risk / benefit ratio, for does not want to bear the risk, http://www.boutiquesisabelmarantshop.com/ - isabel marant sneakers , http://bbs.gigi-mall.com/forum.php?mod=viewthread&tid=569412 - last week closed fu , fluctuations in the net and expect low risk investors achieve assets value in a large margin of safety conditions, can be a good investment tool, can be of concern at the beginning of 9 golden Eagle return A open opportunity.

finally, for infinite products, http://ptctradingforum.altervista.org/viewtopic.php?f=11&t=108393 - but funds face slig , can actively grasp the bring the discount rate significantly deviated from a reasonable level of opportunity, http://www.boutiqueslouboutinpascher.com/ - louboutin , high discount buy and obviously after correction, choose to sell at discounts "Deviation", may be concerned about the "all income, Yinhua and stable.But Shen million income existence and progress the profit and loss risk.

current deposit substitute products -- the money market fund investment fund manager

with active duration, monetary fund income will gradually decline.