Yesterday, a friend in the group asked Angkor that he had some funds at home and wanted to invest them all in a fund, and asked which one would be better. Angkor originally wanted to recommend stable happiness, but then he thought about it. This friend has already invested a relatively large amount of funds in the main five tigers + stable happiness mentioned by Angkor. He should allocate some more stable varieties. , I want to promote fixed income. There is really no technical content. Today, will recommend a debt fund that is between fixed income and stable happiness. It can also be regarded as a type of fixed income + partial debt fund!
Do you still remember that in the stable happiness fund portfolio in the previous section, Angkor was once selected as a bond fund? By the way, it was Huashang Enhanced Bonds. What attracted Angkor to this fund was its excellent performance and good drawdown control. The only shortcoming was that the stocks allocated were too concentrated in the steel industry. The recent correction in steel has been relatively strong, which has affected the performance of this fund.
Therefore, Angkor also wanted to look for gold in bond funds with small drawdowns, but whose returns can outperform fixed income. I accidentally discovered that in the data selection base of daily fund , there was a column for excellent low drawdown funds. Listed below:
1, Changan Xinyi Enhanced Mix, with a maximum drawdown of 0.93%, an income drawdown ratio of 30.43 times, and an income of 28.30% in the past three years;
2, GF Anyue, a mixed return, with a maximum drawdown of 1.19%, and an income drawdown ratio of 27.17 times, the income in the past three years is 22.78%;
3, Anxin New Trend is mixed, the maximum retracement is 1.41%, the income retracement ratio is 17.51 times, the income in the past three years is 24.69%;
4, Huaxia Ruipan Taixing is mixed, the maximum retracement is 2.12%, The income retracement ratio is 17.34 times, and the income in the past three years is 36.77%;
5, Bank of Communications Preferred Return, the maximum retracement is 2.09%, the income retracement ratio is 16.88 times, and the income in the past three years is 35.28%;
6, Anxin has a stable value-added mixture, The maximum drawdown is 1.54%, the return drawdown ratio is 16.87 times, and the return in the past three years is 25.98%;
7 and Bank of Communications Select Returns have a maximum drawdown of 2.06%, the return drawdown ratio is 16.66, and the return in the past three years is 34.32%;
has a few above All funds are debt-oriented and have a very low drawdown rate. For example, the first one, Changan Xinyi Enhanced Mix, has a maximum drawdown of only 0.93% in the past year, which is indeed a stable investment. However, after looking at the income in the past year, it was only 4.11%. It is estimated that it is still difficult to outperform the structured deposit of some small banks, right?
Sure enough, I checked the holdings of this fund and found that there were no stocks at all, only bonds and cash. No wonder it was stable, and no wonder the income was not increasing.
Comprehensive income and retracement, Angkor is interested in the fifth place Huaxia Ruipan Taixing Mixed. The income of this fund in the past year is 14.36%, the maximum retracement in the past year is 2.11%, and the maximum retracement in the past three years The withdrawal rate is also 2.12%, which can be said to be stable for three years. The Sharp ratio in the past year is 3.2, which still has excellent cost performance.
studied the holdings of this fund in detail. Stocks accounted for 17.91%, bonds accounted for 75.50%, and cash accounted for 2.04%. Among them, the bonds were mainly perpetual bonds, and some convertible bonds were also allocated. The overall position was stable and focused on income. In terms of stock holdings of
, there are electric power and new energy, liquor and medicine, semiconductors, home appliances, transportation, etc. The stocks allocated are more in line with Angkor's wishes.
However, this fund has a single-day purchase limit of 1,000 yuan, which is a bit unpleasant, but if it is used as a fixed investment choice, it is quite OK.
Digging further into the fund manager, it turns out that she is a beautiful woman named Song Yang. She has been in the industry for nearly five years and has an average return of over 8%, which is quite stable. From the products managed by Song Yang, Angkor found that several funds had similar styles, and their returns in the past year were all stable above 10%.
In order to crack the single-day subscription limit, Angkor selected the Huaxia Ruipan Taimao Mixed Fund from the products managed by Song Yang, with a daily purchase limit of 100,000. The maximum retracement in the past year is 2.16%, the Sharpe ratio is as high as 3.39, and the return in the past year is 14.32%. However, it should be noted that the maximum retracement in the past three years has reached 3.4%, which means the fluctuation is a bit large.
This fund has a slightly higher proportion of heavyweight liquor stocks, and there are also super white horses such as BOE and Ping An, which are currently considered low. In terms of new energy, there are also Three Gorges and Shida, which can be considered a good combination.
To summarize, for these two funds, if it is a fixed investment, Angkor’s choice is Huaxia Ruipan Taixing Mixed. If it is a one-time investment, then Huaxia Ruipan Taixing Mixed is also quite good!
The above only represents Angkor’s personal opinions and investment experience records, and does not constitute any investment advice!
I am the Angkor who conducts extreme research on over-the-counter funds and helps you find the best fund among the best. Pay attention to @武吉智talk @真人投注Notes, and you will gain steady happiness by investing in funds!
