Seek income in a low-interest environment, diversify investment and reduce risk

At present, monetary policy remains stable and loose, and the overall interest rate system is expected to remain low; coupled with the gradual recovery of the global economy, it is still far from normal, and the stock market is volatile.

The bond market attracts a large number of investors because of its sound investment and financing function, and generally speaking, the correlation between bonds and stocks is low, which helps to disperse the investment risk.

Flexible revenue-fixing strategy, focusing on firmly optimistic projects

Different types of bonds around the world have different responses to market changes such as interest rate changes and economic cycles. Adopting a flexible strategy can help us to explore relatively attractive revenue opportunities in the whole fixed income area.

Fixed income covers a wide range of areas, in addition to traditional categories such as government bonds and investment-grade corporate bonds, as well as extended areas such as high-yield corporate bonds and securitised credit.

As market conditions change, a wide range of fixed income assets can be allocated according to investment objectives and risk orientation, helping to build a strong and diversified investment portfolio.

Global layout, looking for high-yield bonds

1) at least 67% of assets are invested in developed or emerging market bonds, with bonds below BBB accounting for 41.2%

Morgan Fund-Global Bond yield Fund (LU1041599405.HK) $Founded on June 2, 2014, it has the flexibility to invest in different bond markets and industries according to market conditions. As at 31 July 2021, the total asset value of the Fund was $10.8 billion.

The fund mainly invests in global bond assets, with at least 67% of the assets invested in developed or emerging market bonds, including but not limited to debt securities issued by governments and their agencies, national and local government agencies, and supranational institutions, corporate debt securities, asset-backed securities, mortgage-backed securities and guaranteed bonds.

According to the monthly report as of July 31, 2021, funds accounted for 88.9% of investment in North America, 4.5% in developed Europe, 2.2% in Latin America and 1.4% in Asia.

According to the distribution of securities, as of July 31, 2021, AAA bonds accounted for 28.8% of the total, while those invested in bonds below BBB accounted for 41.2%. The maturity yield of the fund portfolio was 3.34%.

From the perspective of plate distribution, both traditional and non-traditional fixed income are involved, which makes the sources of income richer. High-yield corporate bonds accounted for 29.5%, institutional mortgage-backed securities accounted for 24.6%, commercial mortgage-backed securities accounted for 17.9%, and investment-grade corporate bonds accounted for 6.8%.

2) Morningstar comprehensive evaluation of four stars, the overall performance is stable

This fund is one of the company's fixed income flagship funds, won the Morningstar comprehensive rating of four stars, three years, five years four-star rating, the overall performance is excellent, stable performance.

The annualized return of the fund in the past five years is 5.47%, and the annualized return in the past three years is 5.95%. Since its inception, except in 2020, the fund has been stable at the top 1x2 level, of which the returns in the past five years and three years are in the top 1x4, showing the excellent securities selection ability and investment management ability of fund managers.

3) the risk-adjusted return is excellent, and the capture rate of rising market is 97.47%.

The Sharp ratio of the fund in the past 1 and 5 years is higher than the index, and the risk-adjusted return is excellent.

Since its inception, the monthly success rate of the fund has reached 73.49%, the capture rate of the rising market is 97.47%, and the capture rate of the falling market is 58.97%, showing that fund managers can grasp the rising market and steadily control the falling level of the fund in different market conditions.

4）Fund managerHave 29 years of working experience

Fund managers are equally important to the management of funds.

"JPMorgan Fund-Global Bond yield Fund" has an outstanding track record and has won numerous awards in the industry, while one of the fund managers, Andrew Norelli, has excelled in fund management and won the "Best Fund Manager in Hong Kong: global Bond" award in 2019 and 2020 Citywire Asia Fund Manager Awards.

5) A trillion-dollar asset management company with 100 years of investment management experience

If you look at a fund, you should pay attention not only to the fund itself, but also to the asset management company behind it.

Founded in New York after 1970, Morgan Asset Management is one of the world's leading asset management companies and a trillion-dollar member. At the end of the first quarter of 2021, Morgan Asset Management had total clients' assets under management of $2.4 trillion.

Morgan has offices in 20 countries and regions around the world, focusing on in-depth research and cooperation in each region; it has more than 1000 investment experts with an average investment life of 27 years. With outstanding performance and long-term stability, Morgan Management manages 56% of the world's largest pensions, sovereign wealth and central bank funds.

Since its inception, JPMorgan Financial Group has more than 150 years of investment management experience and has gone through many economic cycles to continuously develop diversified financial products according to customer needs and continue to provide efficient and reliable asset management products and services for different customers.

Investment funds, taking advantage of the global economic recovery, aim to achieve steady growth in assets!

Through cooperation with the world's top fund companies, Fortune Elephant Wealth strictly selects high-quality fund products to meet the diversified investment needs of investors.