Core Viewpoint - The launch of the Southern Stable Income Bond Fund aims to meet the growing demand for stable and high-yield investment products in a complex market environment, focusing on low volatility and high certainty [1][2] Group 1: Fund Overview - The Southern Stable Income Bond Fund will officially launch on July 28, 2025, and is designed to provide a flexible investment tool that balances stability and returns [1] - The fund adopts a low volatility strategy and references annuity investment concepts, targeting long-term stable investment experiences for investors [2] - It is classified as a low-volatility secondary bond fund, with equity positions controlled between 5% and 20%, aiming to maximize returns while managing risks [2] Group 2: Investment Strategy - The fund employs a dynamic adjustment of stock and bond positions, utilizing annuity risk control methods to achieve maximum returns while controlling risks [2] - The investment strategy includes participating in new stock subscriptions to enhance returns, selecting high-rated credit bonds and money market instruments for the bond portion, and focusing on undervalued high-dividend value stocks and competitively strong growth stocks for the equity portion [2] Group 3: Management Team - The fund is co-managed by experienced fund managers Liu Shukun and Liu Yicheng, who have extensive backgrounds in equity and fixed income investments, respectively [3] - Southern Fund, as a leading asset management institution in China, boasts a strong mixed asset research team and rich experience in pension fund management [3] - The company has established a comprehensive risk management system to strictly control credit risks, ensuring the safety of investors' funds [3]