全网都在聊“存款到期潮” “搬家”的存款该往哪放？

Core Viewpoint - The article discusses the impending maturity of over 50 trillion yuan in residential medium to long-term deposits by 2026, prompting investors to seek stable returns beyond traditional bank deposits [1] Group 1: Investment Products - Low-volatility public funds are expected to attract funds moving away from deposits [2] - Recommended products include: - Money market funds and short-term bond funds, which offer good liquidity and expected returns higher than current savings rates [3] - "Fixed income +" funds, which include secondary bond funds and mixed bond funds, aiming for excess returns by participating in equities or convertible bonds [3] - Low-volatility multi-asset products, such as low-volatility target risk funds in public fund of funds (FOF), which seek absolute returns and align with conservative investors' goals [3] Group 2: Performance Benchmarks - The performance benchmark for funds is a weighted calculation of multiple assets and indices, providing a clear measure for fund managers to outperform the market [4] - In contrast, bank wealth management benchmarks are typically a single value or range, indicating expected returns without guaranteeing outcomes [4] Group 3: Fund Types and Recommendations - "Fixed income +" is seen as an upgraded version of wealth management, with 70%-90% of assets in fixed income and 10%-30% in equities or alternative assets for enhanced returns [5] - FOFs are funds that invest in a basket of other funds, providing risk diversification and suitable for investors seeking a one-stop management solution [5] - For conservative investors, low-volatility FOFs are recommended, with a focus on stable returns and manageable volatility [6] Group 4: Expected Returns - In 2025, average returns for "fixed income +" funds are projected to be 5.6% for secondary bond funds and 6.5% for mixed bond funds, with manageable drawdowns [7] - Convertible bond funds are expected to perform well, with a projected increase of 21% in the Wind convertible bond fund index [7] Group 5: Market Behavior and Investment Strategy - Limited purchases of certain "fixed income +" and FOF products indicate high demand but do not guarantee future performance; investors should align choices with their risk tolerance [8] - New investors are advised to use spare funds, set stop-loss limits, and avoid blindly following popular investment trends, emphasizing a contrarian investment approach [9]