Therefore, the income is uncertain, and it should be estimated according to the rise and fall of the investment object of the fund company. Therefore, when the return is negative, it means that it has fallen, and the fact of the fund can be observed according to the code (53 1020) every day.
There is a kind of bonds called convertible corporate bonds (referred to as convertible bonds), which refers to bonds that can be converted into company stocks under certain conditions. Its holders can choose to hold bonds due to obtain the company's principal and interest; You can also choose to convert it into stocks within the agreed time and enjoy dividends or capital appreciation.
Corresponding to convertible bonds, there is a bond fund called "convertible bond fund", which mainly invests in convertible bonds, so it is also called convertible bond fund. This kind of bond fund has a high proportion of convertible bonds, generally around 60%. Convertible bond funds have two advantages. One is that the pricing mechanism of convertible bonds is very complicated, which is difficult for ordinary investors to master and needs more research energy. Fund companies have specialized personnel to study and track convertible bonds, which has professional advantages over individual investors, and can minimize the cost of information collection, research and trading, so that investors can share the overall income of the convertible bond market. Second, its unique risk-return characteristics, usually use the bond characteristics of convertible bonds to avoid systemic risks and individual stock risks, pursue the safe and stable returns of the portfolio, and further improve the income level of the fund in the stock market rise.