「固收+」指数来啦：十分钟搞懂「股债恒定比例」指数｜第419期精品课程

Group 1 - The core concept of the article is the introduction of the "Equity-Bond Constant Ratio Index," which is a new type of index launched in 2024 that includes both stocks and bonds in a fixed proportion [4][6][56] - The article outlines the characteristics of the Equity-Bond Constant Ratio Index, emphasizing its multi-asset nature, fixed asset allocation, and periodic rebalancing mechanism [9][11][15] - The article compares the Equity-Bond Constant Ratio Index to existing products like "Yuexinbao" and "365-day combination," highlighting their similarities in applying a target risk strategy [13][15][56] Group 2 - The article details the specific types of Equity-Bond Constant Ratio Indices introduced, including various series with different stock-to-bond ratios such as 10/90, 20/80, and 30/70 [5][6] - It explains that the stock portion typically includes well-known indices like the Dividend Index and the A500 Index, while the bond portion often consists of government bonds and policy financial bonds [10][21] - The article discusses the performance and risk characteristics of these indices, indicating that higher stock ratios can lead to greater long-term returns but also increased volatility [26][47] Group 3 - The article emphasizes the importance of selecting an appropriate stock-bond ratio based on individual risk tolerance when evaluating the investment value of these indices [47] - It notes that the growth of "fixed income +" funds in 2024 is attributed to declining deposit rates and low yields on 10-year government bonds, making these products more attractive [50] - The article concludes by stating that the Equity-Bond Constant Ratio Index is suitable for investors looking to invest in stock index funds while minimizing volatility risk [56]