规模与业绩双优：长城基金固收团队的“稳健力”

Group 1 - The core viewpoint of the articles highlights the increasing attractiveness of fixed-income funds amid a volatile equity market, with a significant growth in non-monetary fixed-income fund sizes, exceeding 860 billion yuan in Q2 2023 [1][2] - Longcheng Fund's fixed-income team has shown strong performance, with non-monetary fixed-income fund sizes reaching 111.9 billion yuan by the end of Q2, maintaining over 100 billion yuan for three consecutive years [1][2] - The demand for fixed-income products is characterized by a "rigid" feature due to the ongoing low-interest-rate environment and the increasing wealth management awareness among investors [2][6] Group 2 - The issuance of bond funds in Q2 2023 reached 118.5 billion yuan, significantly surpassing the 94.6 billion yuan issued for equity funds, indicating a strong demand for stable investment options [2] - Longcheng Fund has developed a diversified product matrix to cater to different risk-return profiles, including low-volatility, balanced, and high-yield products [2][8] - The performance of Longcheng Fund's fixed-income products has been consistently strong, with rankings in the top 20% for one, two, and three-year returns across the market [6][8] Group 3 - Longcheng Fund's low-volatility products, such as Changcheng Short Bond and Changcheng Enhanced Income, have demonstrated leading performance in their respective categories, with low volatility rates of 0.86% and 1.92% [3][4] - The stable growth target of the moderate-risk products is exemplified by Changcheng Stable Income, which ranks in the top 30% among ordinary bond funds [4] - High-elasticity products like Changcheng Jiuyue aim for higher returns, with the fund's performance placing it in the top 10% of its category [5] Group 4 - The fixed-income investment landscape has shifted towards a more refined approach, emphasizing the importance of team collaboration and systematic support in fund management [6][7] - Longcheng Fund's research team has expanded its focus to include overseas markets and peer product research, enhancing the strategic and practical aspects of investment decision-making [7] - The clear product positioning and diverse product line of Longcheng Fund allow for effective risk management while capturing investment opportunities in both equity and bond markets [8]