你的个人养老金账户“上新”啦！

Core Viewpoint - The personal pension wealth management products in China are expanding for the ninth time, with 37 new products being introduced, including two from China Post Wealth Management with minimum holding periods of 18 months and 2 years [1][3]. Product Details - The newly added products are "Tianyi·Hongjin Minimum Holding 2 Years No.1 (Anying Fund)" and "Tianyi·Hongjin Minimum Holding 18 Months No.1 (Anying Fund)" [2]. - Both products have a risk level classified as level two (medium-low) and are primarily fixed-income investments, focusing on bonds with a small allocation to equity and derivative assets [3][5]. Performance Metrics - The performance benchmark for the new products is structured as an index combination rather than a simple range, enhancing transparency and reflecting the relationship between investment strategies and market performance [3][5]. - The benchmark for "Tianyi·Hongjin Minimum Holding 2 Years No.1 (Anying Fund)" is calculated as: personal demand deposit rate * 10% + CSI 300 Index return * 5% + China Bond - New Comprehensive Wealth (1-3 years) Index return * 85% [3]. Market Context - As of August 29, 2023, there are 1,135 personal pension products available, with only 37 being wealth management products, indicating a relative scarcity in this segment [6]. - The current market for personal pension wealth management products is characterized by a high degree of homogeneity, with most products being medium-low risk fixed-income products [6][11]. Investor Sentiment - The average annualized return for personal pension wealth management products has been reported at over 3.4%, with a total return exceeding 3.9 billion yuan for investors [7][11]. - The awareness and acceptance of personal pension wealth management products among individual investors are increasing, with total balances exceeding 151.6 billion yuan, marking a 64.7% growth since the beginning of the year [11].