PSBC(601658) 21世纪经济报道·2025-05-17 01:08Core Insights - The article highlights the growing trend of ESG (Environmental, Social, and Governance) investments, which have become a focal point for global investors seeking sustainable development opportunities [1][4]. - The scale of ESG-themed bank wealth management products in China has seen rapid growth, with a reported increase of 130% from 1,304 billion yuan at the end of 2022 to nearly 3,000 billion yuan by the end of Q1 2023 [4]. - The performance of ESG-themed "fixed income+" wealth management products has slightly outperformed traditional "fixed income+" products over the past two years, with average yields of 3.61% and 3.9% for 2024 and 2023 respectively, compared to 3.29% and 3.06% for all "fixed income+" products [5]. Product Overview - The "YouSheng·HongJin Shortest Holding 7 Days 6th ESG Preferred B" product has been highlighted, with 4,754 purchases recorded as of May 16 [1]. - This product is classified as a "fixed income+" product, primarily investing in fixed income assets with up to 20% allocated to equity and financial derivatives [4]. - As of May 15, the product has an annualized return of 4.03%, with a maximum drawdown of only 0.03% since inception [5][10]. Performance Metrics - The product scored 30 in yield performance, 95 in risk control, and 8 in risk-adjusted return, ranking 131st, 179th, and 169th respectively among 198 similar products [6]. - The product's comprehensive score of 51 indicates it outperformed 28.28% of its peers [8]. - The product's recent one-month annualized yield was 2.03%, ranking 171st among similar products [10]. Investment Strategy - The product emphasizes risk control while seeking yield flexibility, favoring low-volatility assets and employing market-neutral strategies to hedge risks [14][15]. - The underlying asset allocation consists of at least 80% fixed income assets, with equity investments capped at 20%, and derivatives limited to 5% [10][12]. Market Context - The overall wealth management product landscape is experiencing shifts due to market adjustments, with some previously popular products showing declines in yield [19]. - The ESG investment theme is gaining traction as investors increasingly prioritize sustainability alongside financial returns [4][5].