State Securities: Focus On Fixed Income Products

In the case of "P > equity products, growth stocks released certain risks in the early fall process, but the resolution of high valuations is still not enough, and the trend of future growth stocks will accelerate differentiation. It is suggested that we should base ourselves on the high-quality growth stocks, and discuss the layout from the perspective of the rationality of the valuation and the certainty of growth, and pay attention to the structural investment opportunities from the perspective of the theme investment. < /p >
< p > to implement "a href=" //www.sjfzxm.com/news/index_c.asp > fund > /a > investment, the fund group continues to suggest adopting a relatively stable strategy. It is suggested that investors should hold a growth style fund with a robust character. From the perspective of portfolio valuation, they should pay more attention to the relatively reasonable products of the combined average valuation level. Meanwhile, for the more positive growth style fund, the reserve position will wait for the layout opportunity after the adjustment of the positive growth style. Besides, thematic investment opportunities are still active, but at the same time, the persistence of investment opportunities is also the main feature of the current market situation. In the choice of fund products, we should pay close attention to the high investment activities. < /p >
< p > > fixed a href= "//www.sjfzxm.com/news/index_c.asp" > revenue class < /a > fund. At present, the overall economic situation in China is relatively weak, inflation is relatively mild, and the relatively loose funds face makes the bond market less systematic risk. < a href= "http:// www.sjfzxm.com/news/index_c.asp" > financial debt > /a > Investment value is better than national debt, credit bond trend is relatively stable, and high and middle grade credit bonds and city investment bonds have better allocation value. It is suggested that investors continue to maintain sound allocation ideas and focus on high credit rating varieties with stable investment returns. In addition, high-quality products with high investment flexibility and strong management ability of fund managers also have investment value. < /p >
The US economic data continued to improve in the terms of < p > QDII, but the conflict intensified in eastern Ukraine, which offset the expected US employment figures. The surge in gold reflects worries about geopolitical risks in overseas markets, which surpass the confidence of the US economic data. Comprehensive QDII1 quarterly fund managers point of view, continue to look at the mature market, the views of commodities investment cautious but optimistic, and began to have a positive view of the commodity market. < /p >
< p > May, we suggest that investors take defensive configuration: on the one hand, they should make balanced allocation in US stock funds and emerging market funds and keep lower positions; on the other hand, we can appropriately configure the gold thematic fund to hedge stock market risks. Industry configuration also takes defensive stance. Currently, the proposal is biased towards sectors like agriculture, energy and consumption. The products currently recommended include Penghua real estate, Huabao oil and gas, Yi Fang Da standard consumer goods, GF global agriculture, Noah global gold and so on. < /p >