份额激增！

Core Viewpoint - The "fixed income +" category has regained popularity in the market, with over 90% of funds achieving positive returns this year, and the highest performance nearing 30% [1][2]. Performance Summary - As of July 22, over 90% of "fixed income +" funds (including mixed bond funds and secondary bond funds) have achieved positive returns, with an average net value growth rate of 3.50% and 15 funds exceeding 15% growth [3]. - Many "fixed income +" funds saw significant increases in their share volumes in Q2, with over 70 funds doubling their shares. The Qianhai Kaiyuan Dingrui Fund's shares increased by over 63 times, while several other funds saw increases between 10 to 35 times [3]. Market Outlook - Industry experts express optimism for the second half of the year, focusing on sectors such as technology growth, manufacturing, pharmaceuticals, and consumer goods [1][4]. - The expectation of continued loose monetary policy suggests favorable investment opportunities in the bond market [1][7]. Investment Strategy - "Fixed income +" funds have reduced their equity positions while increasing allocations to bonds and cash assets, with a slight decrease in convertible bond positions [3][5]. - Fund managers are optimistic about maintaining high positions and balanced layouts, focusing on globally competitive Chinese companies in key sectors [6]. - Specific strategies include maintaining low equity positions with a focus on dividends, large-cap, and undervalued stocks, while adopting a "low price + double low" strategy for convertible bonds [7].