低利率时代，选天弘永利债券！过去17年平均年化收益5.83%

Core Viewpoint - The low interest rate environment has led to "financial anxiety" among investors, making it challenging to achieve stable wealth growth. However, Tianhong Yongli Bond has emerged as a quality choice for investors seeking stable returns in this context [1]. Group 1: Fund Overview - Tianhong Yongli Bond B (420102) was established on April 18, 2008, and has developed a mature operational system over 17 years, earning a five-star rating from Haitong, making it a model in the fixed income + sector [2]. - The fund aims for absolute returns with a clear strategy, maintaining 80% in pure bonds and allowing 0-20% in stocks and convertible bonds, which helps in seizing investment opportunities based on macro trends and micro market changes [2]. Group 2: Performance Metrics - Since its inception, Tianhong Yongli Bond B has achieved a cumulative return of 167.31% and an average annualized return of 5.83%, with a fund size of 20.5 billion and nearly 1.76 million holders, ranking first in user numbers among secondary bond funds [3]. - As of August 18, 2025, the fund's one-year return is 8.78%, five-year cumulative return is 27.67%, and ten-year cumulative return is 72.24%, consistently ranking in the top 5 among similar products [5]. Group 3: Management and Risk Control - The fund's success is attributed to its star fund manager, Jiang Xiaoli, who has managed the fund since August 2012 and has a deep understanding of fixed income investments, having accurately predicted market turning points multiple times [6]. - Jiang Xiaoli has won the Golden Bull Award ten times and currently manages a total of 30.4 billion across ten funds, with a comprehensive annualized return of 6% [6]. - Tianhong Yongli Bond B has demonstrated excellent risk management, with a maximum drawdown of 1.74% over the past year, recovering within 54 days, making it suitable for conservative investors seeking stable long-term returns [6]. Group 4: Fee Structure - The fund has a management fee of 0.7% and a custody fee of 0.2%, with no sales service fee, resulting in a low overall fee structure, appealing to investors looking for steady returns without frequent trading [7].