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宝盈中债0-5年政策性金融债指数A,宝盈中债0-5年政策性金融债指数C: 宝盈中债0-5年政策性金融债指数证券投资基金2025年第2季度报告
Zheng Quan Zhi Xing· 2025-07-19 01:24
Group 1 - The fund aims to achieve total returns similar to the benchmark index while minimizing tracking deviation and tracking error [2][3] - The fund's investment strategy includes sampling replication and dynamic optimization, focusing on liquid bonds to construct a portfolio that mirrors the risk-return characteristics of the benchmark index [2][3] - The fund's performance benchmark is set at 95% of the yield of the China Bond 0-5 Year Policy Financial Bond Index plus 5% of the after-tax interest rate of bank demand deposits [3][4] Group 2 - As of the end of the reporting period, the total fund shares amounted to 763,935,345.62 shares, with the A share net value at 1.0210 yuan and a growth rate of 0.91% [5][10] - The C share net value was 1.0203 yuan with a growth rate of 0.88%, while the benchmark yield was 0.69% during the same period [5][10] - The fund's investment portfolio was primarily composed of bonds, accounting for 97.62% of total assets, with policy financial bonds making up 94.60% of the net asset value [10][11] Group 3 - The fund's management strictly adheres to legal regulations and fair trading practices, ensuring no harm to the interests of fund holders [8][9] - The macroeconomic environment showed signs of weakening due to trade tensions, with a decline in exports and investments, although consumption improved under policy support [9][10] - The People's Bank of China lowered the 7-day reverse repurchase rate by 10 basis points and reduced the reserve requirement ratio by 0.5 percentage points during the reporting period [9]