站在4000点的十字路口，这六位“固收+”强将值得一看

Core Viewpoint - The article discusses the performance and strategies of various "fixed income +" fund managers at GF Fund, highlighting their unique investment styles and the overall growth of the "fixed income +" fund sector amid a fluctuating market environment [2][3][41]. Group 1: Market Overview - The Shanghai Composite Index has entered a phase of fluctuation after surpassing 4000 points, driven by the technology market [2]. - Interest rates have been declining throughout the year, with new household deposits in August decreasing by 600 billion yuan compared to the same period last year [3]. Group 2: Fund Performance - Over 94% of "fixed income +" funds have achieved positive returns this year, with the total market size exceeding 2.7 trillion yuan, a 26% increase from the previous quarter [3]. - GF Fund has 50 "fixed income +" products reaching new net asset value highs, with seven products showing a net value growth rate exceeding 10% this year, ranking in the top ten among over 100 fund companies [3][4]. Group 3: Fund Manager Profiles - Zhang Qian, with 24 years of experience, manages eight funds, achieving a total return of 187.26% since taking over the GF Ju Xin fund in July 2013, with an annualized return of 8.95% [5][6]. - Zeng Gang, another experienced manager, focuses on balanced and flexible asset allocation, achieving a 10% return in the GF Ji Yu fund this year [12][13]. - Zhang Xue emphasizes macro analysis and asset timing, managing five funds with a focus on high-growth sectors like gold and Hong Kong stocks [20][24]. - Liu Zhi Hui, with 13 years of experience, has maintained positive returns in the GF Ji Yuan fund since its inception, with a total return of 48.70% [27][28]. - Yao Qiu prioritizes safety and valuation, managing six funds with a focus on stable returns and risk control [31][35]. - Wu Di employs quantitative strategies in managing three "fixed income +" products, focusing on credit and interest rate bonds [36][38]. Group 4: Investment Strategies - The "fixed income +" products at GF Fund feature a diverse range of strategies, including low-risk options, stable income through bonds, and aggressive strategies using stocks and convertible bonds [4][5]. - Fund managers utilize a combination of qualitative and quantitative methods to optimize asset allocation and enhance returns, adapting to market conditions [39][42]. - The investment framework at GF Fund is supported by a robust research team and a collaborative environment, allowing fund managers to leverage shared insights and strategies [41][43].