Year-End Bonus Funds Tend To Be Low Risk

On the seven day of the Spring Festival, the long holiday is coming. For some investors who have just taken the year-end bonus and have some spare cash, the problem of holding money or holding shares is a common problem. The recent A

[scenario A]

Low and medium risk products, such as bond funds.

Haitong Securities (600837 shares, quotes, information, main trading) fund analyst Ni Yunting believes that the recent market volatility repeatedly, investors with strong risk tolerance can still "spring sown" equity funds, but low-risk products in the current trend of unknown market has good allocation value.

Although there are no trend opportunities in the bond market in the first half of the year, the low risk products with better management ability still expect positive returns, and the probability of a good bond market in the second half is expected to be greater.

For example, the income of Shen Wan can be obtained every year under the agreed conditions. The annual interest rate of bank fixed deposit (after tax +3.00%) can be obtained by the annual interest rate of 5.75% this year according to the interest rate in January 1st this year.

Shen Wan is suitable for investors with weak risk appetite.

Haitong Securities believes that investors are expected to provide two level market trading opportunities through discount, appropriate time to choose share matching pformation, and long-term investment to share the annual agreed revenue three ways to share the income of Shen Wan, but it should be noted that the income of Shen Wan does not have a maturity concept, so there is great uncertainty in the realization of the discount.

Secondly, the first class of Huafu income enhancement fund belongs to bond funds. The two level classification is a pure debt fund (unable to invest in the two tier market). It is suitable for investors with moderate risk bearing capacity.

The fund is a golden bull fund with better historical performance. The fund manager has strong asset allocation capabilities and shows a certain investment value.

However, investors need to pay close attention to the change of fund managers and fund companies' executives. Haitong Securities believes that the correctness of the asset allocation determines the future performance of the fund. If the fund manager changes, the investment style can not be extended, or the fund performance will be negatively affected.

[scenario B]

Short term low yield options such as monetary fund

Since the new year's day, the A share market has been in turmoil, and the magnitude of every hundred points has caused many investors who have just taken the year-end bonus and have some spare cash on their hands.

The Huaan fund suggests that some of the funds should be put into short-term investments with good liquidity and low redemption costs, such as the IMF, waiting for the market to be clear and structural opportunities after the Spring Festival.

Generally speaking, investors' short-term funds can be invested in money market funds, short-term bank financial products, and they can also survive or inform deposits.

But the interest rate of the current account is 0.36% to 7 days, and the profit is negligible.

The bank's notice deposit business and short-term financial products start at least 50 thousand yuan, for some investors with small amount of money, the threshold is a bit high, and the investment monetary fund minimum 1000 yuan can participate.

Of course, as a better cash management tool, monetary fund does not have no investment risk at all.

Investors should pay attention to their liquidity and risk control ability when choosing monetary fund, and they should not be regarded as a risk-free product of short-term arbitrage.

What's more, we need to remind that money market funds are usually closed several days ahead of the holiday in order to prevent the large amount of arbitrage funds from getting diluted income in the forward market.

Therefore, if you want to buy money market funds, you often have to work at least three working days in advance.