规模增长近60倍！这只“固收+”精品破局而出

Core Viewpoint - The A-share market has been strong since September 2024, driven by policy benefits, the rise of technology, and optimized capital structure, making "fixed income +" funds a preferred choice for asset allocation [1] Group 1: Fund Performance and Growth - The Southern Fund's "Southern Jinxiang" bond fund saw its management scale grow from 1.89 million yuan at the end of Q3 2024 to over 10 billion yuan by the end of Q3 2025, marking a nearly 60-fold increase in one year [1] - The fund has consistently outperformed its performance benchmark across various time frames, with a maximum drawdown kept at a low level since inception, demonstrating superior risk-adjusted returns compared to peers [3] Group 2: Investment Strategy - The core competitiveness of "Southern Jinxiang" lies in its investment strategy, which is designed to meet market demands by balancing risk and return, utilizing a macroeconomic framework for asset allocation, and employing differentiated equity and bond strategies [3] - The fund aims to capture investment opportunities in both equity and bond markets while managing downside risks, aligning with current market demand for low-volatility and stable-return products [3] Group 3: Research and Support - The growth and performance of "Southern Jinxiang" are supported by the Southern Fund's mixed asset investment team, which has over 20 years of experience in the field, leveraging an integrated research platform for effective resource fusion [5] - The team employs a "cross-asset integration + specialization" model, allowing for effective conversion of research outcomes into investment strategies [5] Group 4: Risk Management - The mixed asset investment team adheres to a "compliance first, steady long-term" philosophy, integrating risk management throughout the investment process to ensure stable fund operations [6] Group 5: Development Initiatives - The "优生优养计划" (Optimal Growth and Nurturing Plan) was launched to align fund products and investment strategies with investor needs, fostering a virtuous cycle of stable fund performance and positive investor experiences [8] - The rapid growth of "Southern Jinxiang" is attributed to this plan, which provides comprehensive support throughout the product lifecycle, leading to increased recognition and a growing investor base [8] Group 6: Future Outlook - As economic development and income levels rise, the demand for wealth management among residents is expected to grow, with the public fund industry continuing to enhance its service capabilities to improve investor satisfaction [9] - The Southern Fund aims to prioritize the best interests of investors, contributing to the high-quality development of the public fund industry and promoting inclusive finance [9]