求稳的钱，跌了 6%？手把手教你选靠谱债基

Core Viewpoint - The recent decline in pure bond funds, with a reported drop of 6% in one week, highlights the credit risk associated with bonds, particularly in the context of real estate debt issues [3][10][11]. Group 1: Understanding Bond Funds - Pure bond funds invest in a diversified portfolio of bonds, which are essentially IOUs from governments or corporations [5][6]. - The perception of bond funds as stable investments can be misleading, as they are still subject to credit risk if the borrowing entity defaults [8][11]. - The recent drop in net value of certain bond funds is attributed to specific bonds experiencing adjustments, likely due to underlying credit issues [9][10]. Group 2: Investment Strategy for Bond Funds - Investors are encouraged to continue purchasing bond funds but should focus on selection criteria to mitigate risks [12]. - Diversification across multiple bond funds can help manage risks associated with individual bond defaults [14]. - Historical performance indicates that over a longer time horizon, bond markets tend to trend upwards despite occasional downturns [15]. Group 3: Criteria for Selecting Bond Funds - A four-step selection method is proposed for identifying quality bond funds: 1. Choose funds from reputable companies with strong research capabilities [20]. 2. Select funds with a moderate size, ideally between 2 billion and 20 billion, to avoid issues related to very small or overly large funds [21]. 3. Focus on funds with low maximum drawdown and high Sharpe ratios to ensure stability and return efficiency [21]. 4. Diversify investments across 2 to 5 different funds to reduce overall risk exposure [21]. Group 4: Practical Steps for Investment - Investors can utilize platforms like Alipay to filter and select bond funds based on specific criteria such as fund size and performance metrics [22][29]. - Setting thresholds for maximum drawdown and Sharpe ratio can help in identifying top-performing funds [26][27].