Setting up a bond fund is not necessarily a loss, but it is not necessarily a profit. The rise and fall of bond funds are mainly affected by interest rates. Generally speaking, in the downward cycle of interest rates, the transaction price of government bonds rises, which is beneficial to funds holding bonds; In the upward cycle of interest rates, the transaction price of government bonds fell and the funds held by bonds were damaged.

There are investment risks in fixed bond funds, but the risk level is low, and its risks are mainly reflected in interest rate risk, credit risk and policy risk. However, the proportion of fixed bond funds investing in the bond market is not less than 80% of assets, which is far from the shock of the secondary market and effectively prevents risks.

In addition, the advantages of fixed bond funds are high leverage ratio and 200% operating leverage space, which is also one of the reasons for high yield. If you plan to hold the fund for one or two or even three or five years, you can buy a regular open debt base, called fixed debt, in addition to the ordinary long-term pure debt base. The closed operation period of fixed-term open funds is at least half a year and at most three years, during which investors may not apply for redemption.