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多元配置需求提升,民生加银鹏程混合“攻守兼备”
Cai Fu Zai Xian· 2025-06-11 02:57
Group 1 - The core viewpoint of the articles highlights the increasing interest of investors in flexible and adaptive asset allocation strategies amid market volatility, with mixed-asset funds, particularly bond-heavy ones, emerging as a favorable investment choice [1][2] - According to CITIC Securities, the average fundraising scale of bond-mixed funds has risen from 390 million to 644 million compared to 2024, indicating a growing preference for this investment vehicle [1] - The current economic environment is characterized by a blend of recovery and transformation, with macroeconomic data showing fluctuations but an overall positive trend, which supports potential stock market growth [1] Group 2 - The articles emphasize that single-asset investment strategies may face significant risks due to market volatility, making mixed-asset funds an effective tool for balancing risk and return [2] - The Minsheng Jianyin Pengcheng Mixed Fund employs a core strategy of "fixed income foundation + equity enhancement," with over 70% in bond assets to secure basic returns while maintaining flexibility in duration and credit risk [2] - Performance metrics for the Minsheng Jianyin Pengcheng Mixed A fund show a net value growth rate of 4.10%, 8.89%, and 31.01% over the past year, five years, and since inception, respectively, outperforming its benchmark returns [2]
凭借“股债搭配”特点 “固收+”基金重回投资者视野
◎记者 聂林浩 汇添富基金、景顺长城基金、华夏基金、中欧基金、中银基金、永赢基金等基金公司借助"固收+"基金 实现了管理规模的提升。其中,中欧基金旗下"固收+"基金以177.37亿元的增长规模领跑同业,成为一 季度"固收+"基金规模增速最快的基金公司。 "固收+"基金之所以不断增长与其优异的市场表现密不可分。以混合债券型二级基金和偏债混合型基金 为例,Choice数据显示,截至5月21日,这两类基金今年以来的平均回报率为1.35%,显著高于纯债型基 金0.51%的平均回报率。工银聚享混合A、华商丰利增强定期开放债券A、富国久利稳健配置混合A等基 金的回报率超13%。 在业内人士看来,未来"固收+"基金仍有很大的发展空间。联博汇利基金经理张亦博、倪文乐表示,在 当前利率环境下,投资者通过权益及其他多资产策略寻求增厚收益的需求仍然较强。此外,随着理财产 品净值化转型逐步完成,在资产管理行业仍有一定增长空间的背景下,低波稳健策略的"固收+"产品有 望成为理财产品的重要替代品。 国金证券称,展望未来,一方面,有利于债市向好的核心因素未发生改变;另一方面,在经济高质量发 展背景下,政策支持方向以科技与产业升级为主,后续 ...