展望后市，有券商分析指出，跨季以后受到资金利率下行、央行或择机恢复国债买卖操作呵护流动性、 抢出口效应逐步弱化以及降息概率提升等利多因素影响，债市做多胜率提升，建议投资者把握三季度债 市做多窗口。汇安基金投研团队认为，二手房成交及挂牌持续走弱，社融数据显示信贷偏弱运行，央行 月底两次续作买断式逆回购，政策透明度提高，利率下行或依然具有较高的确定性。对于在低利率时代 不知道如何安放闲钱的投资者而言，中短债基金或许是性价比更高的理财装备。 风险提示：本文观点仅供参考，基金有风险，投资须谨慎。 需要提醒投资者注意的是，汇安永福90天持有期中短债债券基金属于持有期债基，买入后需要持有满90 天才能免费赎回，满足投资者中短期用钱需求，投资更为从容。在业内人士看来，持有期债基在帮投资 者管住手痒的同时，由于设置了持有期，受到频繁申赎冲击较小，基金经理在操作上有望更容易、更好 地安排资产久期和杠杆，更加有利于争取投资收益。总体看，持有期债基兼顾了收益可能性和流动性， 与低风险偏好资金的投资需求匹配度较高。由于设置了90天持有期，汇安永福90天持有期中短债债券基 金也相对更适合有三个月以上闲钱需要打理的投资者。 回顾汇安永福 ...

Core Viewpoint - Short-term bond funds, exemplified by ICBC Credit Suisse's "ICBC Enjoy Short-term Bond Fund," have gained attention from investors due to their stable returns and low volatility in the context of increasing demand for diversified asset allocation [1][2]. Group 1: Short-term Bond Fund Characteristics - Short-term bond funds invest in bonds with shorter durations, typically of higher credit ratings and good liquidity, making them suitable for risk-averse investors or those with short-term capital needs [1]. - As of June 9, 2025, the maximum drawdown of the Wind Short-term Pure Bond Fund Index was only -1.32%, with a recovery time of just 33 days, compared to -4.01% and 151 days for the medium to long-term pure bond index [1]. Group 2: Performance of ICBC Enjoy Short-term Bond Fund - The ICBC Enjoy Short-term Bond Fund has demonstrated strong performance across various time frames, outperforming its benchmark by 0.24% over the past six months and 0.35% over the past year, with net value growth of 1.18% and 2.35% respectively [2]. - Over longer periods, the fund's returns were 8.28% over three years, 14.54% over five years, and 19.88% since inception, consistently exceeding benchmark returns by 1.09%, 1.87%, and 2.78% respectively [2]. Group 3: Investment Strategy and Team Expertise - The fund's management team emphasizes risk control and has adjusted the portfolio by gradually reducing long-term interest rate bonds while managing duration exposure [2]. - ICBC Credit Suisse has built a comprehensive research and investment system, focusing on stable, value, and long-term investments, which has led to numerous awards for its fixed-income products since its establishment in 2005 [3][4].

Group 1 - The core viewpoint of the articles highlights the growing popularity of short-term bond funds among investors due to the continuous decline in risk-free interest rates, with the total market size reaching 1.17 trillion yuan by the end of 2024, an increase of over 120 billion yuan from the previous year [1] - Morgan Asset Management is set to launch the Morgan 30-Day Holding Period Bond Fund on May 26, 2024, aiming to capture short-term bond investment opportunities while employing a multi-strategy approach to pursue yield growth [1] - Historical performance data indicates that short-term bond funds have demonstrated stable returns and low volatility, with the Wind Short Bond Fund Index achieving an annualized return of 3.44% over the past 18 years [1] Group 2 - The Morgan 30-Day Holding Period Bond Fund will be managed by experienced fund manager Ren Xiang, who has 15 years of financial industry experience and a strong focus on credit analysis and risk control [2] - The fund has shown strong performance, with a cumulative return of 9.39% since its inception on November 30, 2021, outperforming its benchmark and the Wind Short Bond Fund Index [2] - The fund's maximum drawdowns in 2022, 2023, and 2024 were -0.22%, -0.08%, and -0.26%, respectively, all better than the maximum drawdowns of the Wind Short Bond Fund Index during the same periods [2]