以提升投资者体验为核心，低利率时代海富通"固收+"的制胜之道

Core Viewpoint - The "fixed income +" strategy has gained consensus in the market this year, driven by the continuous decline in risk-free interest rates and the emergence of structural opportunities in the equity market [1] Group 1: Investment Strategy - The "fixed income +" strategy maintains continuous growth in scale due to its unique risk-return balance, which meets the needs of most investors [2] - This strategy combines stocks and bonds, with equity assets not exceeding 30%, aiming for stable returns while controlling volatility [2] - The focus is on sustainable, steady medium to long-term returns rather than short-term performance spikes [2] Group 2: Company Practices - Hai Fu Tong has positioned itself in the "fixed income +" space, emphasizing a stable approach before seeking higher returns [3] - The company has established a "Mixed Asset Investment Department" to manage various products, including secondary bond funds and mixed funds, catering to diverse investor needs [3] Group 3: Product Performance - Hai Fu Tong's public "fixed income +" products have gained recognition, with notable growth in scale for specific funds, such as an increase of 736 million yuan and 552 million yuan for two funds this year [4] - The Hai Fu Tong Yuexiang one-year holding mixed fund has achieved a return of 7.58% since its inception, with consistent positive quarterly returns [5][6] Group 4: Management Expertise - The success of these products is attributed to the experienced fund manager Jiang Yong, who has over 13 years in the securities industry and has managed various types of investment products [5][7] - Jiang Yong prioritizes risk control in asset allocation, aiming to provide a positive long-term holding experience for investors [7] Group 5: Market Positioning - The "fixed income +" strategy is viewed as a systematic asset allocation philosophy, focusing on risk control while exploring yield potential [7] - Hai Fu Tong's mixed funds have ranked in the top 2% and 5% of their category over the past three years, reflecting strong mid to long-term performance [7]