YinHua Credit Bond Fund manager Sun Jian's performance is related to the lower interest rate level of government bonds and bank loans. The higher issuance interest rate of credit bonds can provide investors with higher investment returns. However, because a small portion of credit bonds are listed and traded in the interbank market, individual investors cannot invest directly. Therefore, investors might consider investing in bond funds that focus on credit bonds as an indirect way to invest in credit bonds.
GuoTai Fund invites loyal investors
In celebration of the 8th anniversary of the establishment of GuoTai Golden Eagle Growth Fund, the company specially invited 20 investors who have held the fund since its initial issuance to visit the fund company and celebrate the 8th anniversary of GuoTai Golden Eagle Growth together with the fund managers and senior management.
It is understood that GuoTai Golden Eagle Growth was established on May 8, 2002, as the first standard stock-type open-end fund issued domestically, and has shown excellent long-term performance. According to the statistics from Galaxy Securities, as of April 30 this year, the cumulative net value growth rate of the fund since its establishment reached 415.59%, ranking first among 192 standard stock-type funds over the past three years.
The YinHua Credit Bond Fund will adopt a closed-end operation for the first three years after the contract becomes effective and will be listed on the Shenzhen Stock Exchange for trading. Investors can trade fund shares through both primary and secondary markets; after the closed period ends, the fund will convert into a Listed Open-Ended Fund (LOF). Unlike other closed-end bond funds in the market, the YinHua Credit Bond Fund focuses on credit bonds. It is the first domestic innovation closed-end bond fund clearly targeting credit bonds as its investment target, with no less than 80% of the fund's income-generating assets invested in credit bonds. It also appropriately participates in new stock subscriptions in the primary market, with the proportion of equity-related financial instruments not exceeding 20% of the fund's assets.
According to YinHua Fund Company, its 15th fund product - the YinHua Credit Bond Fund - officially launched on May 24.