怕“踏空”，但又“恐高”，不妨关注“固收+”基金

Group 1 - The article discusses the increasing market volatility as the Shanghai Composite Index surpasses 4000 points, suggesting that investors who are cautious yet do not want to miss out on opportunities should consider "fixed income plus" funds represented by secondary bond funds [1] - Secondary bond funds aim for a "dual investment" strategy, allocating at least 80% of their assets to the bond market for stability while investing up to 20% in equities and convertible bonds for growth potential [2][4] - Historical performance data shows that from 2015 to 2024, the mixed bond secondary index has been relatively stable, with 7 out of 10 years showing gains, and only minor declines in 2016, 2022, and 2023, which were significantly less than the declines in the CSI 800 index [4][5] Group 2 - The Changcheng Fengze Bond Fund is highlighted as a typical secondary bond fund suitable for investors seeking stable asset allocation [8] - Zhang Lin, the proposed fund manager, has extensive experience in multi-asset allocation and has managed various types of bond funds since 2017, focusing on macro rates, credit bonds, convertible bonds, and equities [9] - The fund's strategy emphasizes low volatility, with a historical asset allocation that keeps stock and convertible bond investments below 32% of net assets, ensuring a stable income base [11][19] Group 3 - The article emphasizes the importance of a strong research team behind secondary bond funds, with Changcheng Fund establishing a cross-departmental collaboration for comprehensive research and strategy development [20] - The fund's research team focuses on various strategies for convertible bonds, adapting to market conditions and ensuring actionable investment strategies [20] - Recent performance data indicates that Changcheng Fund's fixed income products rank in the top 20% for returns over the past one, two, and three years, reflecting the effectiveness of their investment strategies [21]