New shares break raid super 80% pure debt Fund losses

Securities Times reporter Hu Xiao last November, the A-share market has seen a sharp correction, and the bond market has shown a bright eye, as of Friday, the national Debt Index has risen 0.5% per cent since mid-November last year.　　But as the bond market soared, more than 80% of pure bond-fund earnings were negative. Days of congenial statistics show that as of Friday, the net value of 78 Pure Bond Fund (A/B/C), which has a complete performance statistics range since mid-November, has fallen by 1.42%, and 64 has suffered losses of up to 82%. Among them, there were 2 pure debt funds with a decrease of more than 4%, and net worth fell by 4.62% and 4.55% respectively.　　In addition, 7 pure debt funds fell between 3%~4%, with a fall between 2%~3% funds up to 21, accounting for nearly 30%. Despite widespread losses in the pure Debt Fund, 12 funds received positive returns, accounting for 15.38%. Among them, the best performance is the rich countries of the Grading fund, as of Friday, since November, the fund B share of the net increase in the net 1.48%,a share value Rose 0.79%.　　In addition, the silver strong debt A, long letter short debt, everbright benefits A, KA real ultra short debt and easy Fangdatiang debt A rose also more than 0.35%, respectively, reached 0.41%, 0.41%, 0.37%, 0.37% and 0.35%. Fund industry analysis that, generally speaking, there is a seesaw effect between the stock market and the bond market, when the stock market performance is good, the bond market trend is relatively weak, while the bond market performance is better, the stock market trend is relatively weak. The pure Debt fund in the bond market continued to rise under the premise of a large area of loss, and the recent series of consecutive break has a lot to do.　　He pointed out that, in particular, the gem and the plate under the system, once the lottery, the bond fund yield on the impact of a lot more than before, so once the IPO after the performance is not good, it may directly lead to a loss of bond funds. China has entered the interest rate hike cycle, and bond funds are sensitive to monetary policy, especially interest rate hikes, said a bank of Shenzhen bond fund manager. In the future, high coupon credit will become a better investment variety, because these bonds are more sensitive to interest rate increases than the product is weak, higher coupon income can also overcome inflation, to resist the risk of interest rate hikes. In addition, can also pay due attention to convertible bonds, the 2011 convertible bond market will continue to expand, liquidity will be greatly improved, but because of the strong convertible bond stocks, the impact of the stock market, so, if the market is not optimistic about this year, should be cautious to participate.