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Prize: 2023 bond market: which type of product is more lucrative?

Last year, the global financial markets experienced a "double kill" of stocks and bonds, with some categories such as corporate bonds suffering even worse than the stock market.

However, many Wall Street institutions believe this year,2023 is a year when the opportunities in the bond market are prominent; especially the globally bullish investment grade bonds and some government bonds that are considered to be more conservatively valued.

At the same time, the Hong Kong dollar and US dollar money market funds, which were popular last year due to their impressive returns, may experience a halt or decline in returns as the expectations for interest rate hikes become uncertain. Some views believe that it is now possible to start looking for investment tools that have opportunities and can effectively diversify risks.

Currently, the following two categories of bonds are receiving high attention:

1. Investment grade bonds in the US/Asia, such as

@CreditSights, the credit research institution under Fitch Ratings: **** Cisar, the Global Credit Strategy Director, remains bullish on the long-term prospects of investment grade bonds in the US. However, she expects short-term volatility and therefore advises investors to maintain a "tactically cautious" approach.

@富途投資顧問-葉曉彤: In the current situation of China's economic recovery, interest rate cuts may be late but unlikely to be absent, and the process of interest rate cuts will benefit Chinese bond assets.

Click for details>> Weekly Focus on Fund Investment - Greater China Market

2. Short-term bonds, such as short to medium-term US Treasury bonds.

@富途投資顧問-葉曉彤: The yield on the US two-year treasury bonds is near a new high. Even if the future market pricing is more hawkish than the Fed, leading to further bond price declines, the hold-to-maturity strategy of short-term bonds can still bring good returns to investors at the current interest rates.

Click to view details >> Weekly Fund Investment Focus - Bonds

In addition to direct investment in bonds,Bondsthere is also the option to invest in related securitiesBond funds.(see details at the end of the document ~)

Do you think the current market conditions are suitable for allocating bonds/bond funds? Share your bullish bonds/bond funds!

【Activity Rules】

Click on the topic to participate >> [Prize] 2023 bond market: which type of product is more profitable?

Reference angle:

1) Do you think the current market conditions are suitable for allocating bonds/bond funds? Which types of bond investments do you favor?

2) Which bond funds/bonds do you currently hold? How are the returns?

......

【Event Duration】

From February 22nd to March 8th, 23:59.

【Activity Rewards】

The official selection will be based on comprehensive arguments, significance, value, popularity, etc.

1. Excellence Awards (3 winners):For the top 3 mooers, each person will receiveone 38.8 HKD fund cash coupon(applicable to all types of funds, can be used after the subscription amount reaches 100 HKD, discount is given in the form of cashback).

2. Participation Award:Participants in the discussion with more than 30 words will receive 50 points, no limit on the number of participants.

【Special Notice】

1. Plagiarism, copying and pasting, and other improper behavior are strictly prohibited. Once discovered, the qualification for winning will be cancelled.

2. Each user can only receive one award and the awards cannot be stacked.

3. Futu retains the final interpretation right of this activity.

The final list of rewards and the method of receiving rewards for this event will be announced within 15-30 working days after the end of the event, upon receipt of notification.6 monthsMooers who do not reply to the message within 6 months will be considered to have forfeited the reward. Thank you~ If you have any questions, please contact.@Xiangxiang.

Hot Related Funds:

$E Fund (HK) Select Bond Fund (HK0000672128.MF)$/$E Fund (HK) Select Bond Fund (HK0000311842.MF)$: R3 Bond Fund, Morningstar 5-star rating, average credit rating A, average duration 3.06 years;

$PIMCO GIS Income Fund (IE00B7KFL990.MF)$: R5 Bond Fund, Morningstar 4-star rating, average credit rating A+, average duration 3.31 years;

$BEA Union Investment Asia Pacific Investment Grade Bond Fund (HK0000334380.MF)$: R3 Bond Fund, Morningstar 4-star rating, average credit rating A-, average duration 4.9 years;

$Franklin U.S. Government Fund (LU0496364232.MF)$: R2 Bond Fund, average credit rating AAA, average duration 5.36 years;

$PIMCO GIS Global Bond Fund (IE00B11XZ210.MF)$: R5 bond fund, average credit rating AA, average duration 5.34 years;

$E Fund (HK) Short-Duration Bond Fund (HK0000625225.MF)$/$E Fund (HK) Short-Duration Bond Fund (HK0000625282.MF)$: R3 bond fund, average duration 1.93 years;

$Bosera Greater China Bond Fund (HK0000435088.MF)$/$Bosera Greater China Bond Fund (HK0000414901.MF)$: R4 bond fund, average duration 3.28 years;

$BGF China Bond Fund (LU0679941327.MF)$/$BGF China Bond Fund MDis (LU0690034276.MF)$: R3 bond fund, morningstar 5 stars, average duration 1.91 years;

$Income Partners Managed Volatility High Yield Bond Fund (HK0000421468.MF)$/$Income Partners Managed Volatility High Yield Bond Fund (HK0000421419.MF)$: R4 bond fund, Morningstar 4 stars, average duration of 2.5 years;

$Value Partners Greater China High Yield Income Fund (KYG9319N1097.MF)$/$Value Partners Greater China High Yield Income Fund (KYG9319N1253.MF)$/$Value Partners Greater China High Yield Income Fund MDis (KYG9319N1337.MF)$/$Value Partners Greater China High Yield Income Fund MDis (KYG9319N1170.MF)$: R3 bond fund;

$BNY Mellon U.S. Municipal Infrastructure Debt Fund (IE00BDCJY700.MF)$: R2 bond fund;

For more details, please check the Fund Hot Topics direction >>

Disclaimer: The final interpretation and decision-making power of this activity belong to Futu. This document should not be regarded as an invitation, solicitation, recommendation, or basis for buying or selling any investment product or making investment decisions, nor should it be interpreted as professional advice. Persons reading this document or making any investment decisions should fully understand the risks, as well as the characteristics and consequences of relevant laws, taxes, and accounting, and decide whether the investment is suitable for their financial situation and investment objectives, and whether they can bear the risks, and seek professional advice if necessary. Investment involves risks. Investors should carefully read the fund information and relevant documents (including its risk factors). Please note that the price of fund products may rise or fall, and may fluctuate significantly in a short period of time. Investors may not be able to withdraw their investment in the fund, and past performance of the fund cannot predict future performance. Any forward-looking statements in this article should not be considered as a guarantee of future performance, and attention should be paid to the significant discrepancies between actual situations or developments and such statements.

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