Core Viewpoint - The establishment of the Rongtong Zengyuan Bond Fund aims to provide a balanced investment strategy combining fixed income and equity assets to enhance returns while managing risks through diversification [1] Group 1: Fund Overview - Rongtong Zengyuan Bond Fund was launched on June 19 with an initial scale of 1.844 billion yuan [1] - The fund is categorized as a "fixed income plus" product, primarily investing in fixed income assets while allocating a small portion to equities for potential yield enhancement [1] - The fund aims to achieve a "1+1>2" effect by leveraging the expertise of two fund managers [1] Group 2: Fund Management - Over 80% of the fixed income allocation is managed by Zhang Caiting, who has extensive macro research experience and specializes in economic cycle analysis and risk management [1] - The equity portion, ranging from 5% to 20%, is managed by Yu Zhiyong, who focuses on identifying turning points in market conditions and emphasizes risk hedging [1][2] Group 3: Performance Metrics - Yu Zhiyong has nearly 10 years of experience in managing "stock-bond pairing" funds, with a notable track record of positive returns since the inception of Rongtong Tongxin [2] - Rongtong Tongxin has achieved a cumulative return of 88.40% over nine years, significantly outperforming its benchmark [2] - Rongtong Fund's fixed income investment capabilities are highlighted by its strong performance in various bond funds, ranking highly among peers [3] Group 4: Future Strategy - Rongtong Fund plans to enhance its investment research system by focusing on a platform-based, team-oriented, and multi-strategy approach to improve core competitiveness [3]