Fixed income + fund size surpasses 3 trillion yuan; first-quarter fund report card is full of highlights

Recently, the first quarter fund reports have been disclosed, and data shows that by the end of the first quarter, the total scale of “Fixed Income+” funds, including hybrid bond primary funds, hybrid bond secondary funds, and debt-oriented hybrid funds, has exceeded 3 trillion yuan for the first time, setting a new record high. The so-called “Fixed Income+” is an investment strategy that “most of the money seeks stability, a small portion aims for returns,” primarily dominated by fixed income assets, “plus” some equity assets such as stocks as auxiliary. Since the beginning of this year, over 90% of “Fixed Income+” funds have achieved positive returns and have become favored allocation products among large institutions. As of April 30, in the bank wealth management market, 25 institutions manage over 30k yuan in “Fixed Income+” products, totaling 16.12 trillion yuan. Among them, long-term funds such as insurance capital, bank wealth management, and pension funds are the main buyers. (People’s Financial News)