Core Insights - Cathay Securities recently released its latest ranking of fixed-income fund companies, with Invesco Great Wall ranking first among large fixed-income fund companies over the past 1, 2, and 3 years [1] - Invesco Great Wall has also received a 5-star rating for its fixed-income investment capabilities over the past 10 years, demonstrating a sustained competitive advantage [1] Fixed-Income Fund Performance - In the pure bond fund category, 8 out of 12 long-term pure bond funds ranked in the top third of their peers over the past year, indicating strong overall performance [2] - Specific funds managed by He Jiangbo, Chen Jing, and Peng Chengjun achieved returns of 5.03%, 4.97%, and 4.63% respectively, all ranking in the top 6 of their category [2] - The maximum drawdown for these funds did not exceed -1.88%, indicating low volatility [2] Convertible Bond Funds - The Invesco Great Wall Stable Income fund, co-managed by Li Xunlian and He Jiangbo, achieved a return of 15.62% over the past year, ranking 4th among 257 similar funds [2] - This fund capitalized on the valuation recovery of convertible bonds, having proactively positioned itself since the fourth quarter of last year [2] Mixed Bond Funds - The Invesco Great Wall Jingyi Fengli fund, managed by Li Yiwen, Jiang Shan, and Xu Dong, achieved a net value growth rate of 20.05% over the past year, ranking 8th among 481 similar funds [2] - The fund's strategy focused on growth sectors, particularly in AI, machinery, and pharmaceuticals [2] Overall Fund Growth - Invesco Great Wall has grown into a major player in the fixed-income sector, with total fixed-income product assets nearing 400 billion yuan as of the first quarter of 2025 [2] - The company boasts a mature and diverse research team, offering a range of products with different risk-return characteristics [2] - Given the current global restructuring and domestic economic resilience, fixed-income funds may continue to be a valuable long-term investment option [2]