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多只“固收+”基金6月收益率超5%!债市利多因素正在酝酿
Sou Hu Cai Jing·2025-07-07 07:45

Group 1: Market Performance - In June, the bond market saw a downward trend in yields, while the equity market performed exceptionally well, leading to impressive returns for "fixed income +" funds, with the highest yield exceeding 7% [1][2] - The average yield for "fixed income +" funds in June reached 1.03%, significantly outperforming traditional bond funds, which had yields of 0.29% for medium to long-term bonds and 0.10% for traditional money market funds [2][6] - The Shanghai Composite Index rose by 2.9% in June, closing at 3444 points, while the Shenzhen Component Index and the ChiNext Index saw increases of 4.23% and 8.02%, respectively [2][3] Group 2: Fund Performance - Several "fixed income +" funds recorded outstanding monthly returns, with five funds achieving yields over 5% and two exceeding 7% [2][6] - The top-performing fund, Jin Ying Yuan Feng A, achieved a net value return of 7.52%, leading the category [2][6] Group 3: Market Dynamics - The total transaction volume in June reached 26.72 trillion yuan, with a daily average of 1.3 trillion yuan, reflecting a year-on-year growth of 79.57% [3] - New account openings in June increased by 53% year-on-year, indicating a significant recovery in retail investor sentiment [3] Group 4: Bond Market Outlook - Analysts suggest that favorable factors for the bond market are developing, with expectations of incremental monetary policy support potentially benefiting long-term government bonds and various credit bonds [4][5] - The funding environment in July is typically characterized by lower rates, which may lead to increased liquidity and support for the bond market [4][5] - Institutional behavior, particularly from the insurance sector, may provide additional support for the bond market if the predetermined interest rates remain below 2.25% [4][5]