GoldenOctober2024
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On June 17, Jin10 Data reported that several bond funds have recently issued notices to end their fundraising ahead of schedule. Since June alone, 18 bond funds have announced early closure. At the same time, popular bond funds have emerged frequently this year, and the total issuance size of multiple bond funds has been more than RMB 7 billion. Schroder Fund's Fixed Income Director Shan Kun believes that the bond market's adjustment in the second half of this year may not be significant, and further lowering of the yield level needs to consider the cost reduction of commercial banks. Wealth management products and bond funds, as the mainstay of asset allocation, are still worth holding, but the overall yield level may be affected by the downward shift of the interest rate center.

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