The CITIC Securities Research Report pointed out that according to a report by China Fund News, second-tier debt-based and debt-partial hybrid funds are expected to be included in the personal pension fund product list. This inclusion is the second major expansion of the personal pension fund product list following the inclusion of index funds. It is expected to significantly broaden the range of options for medium- and low-risk investment instruments. Six dimensional screening conditions have been set for the products to be included this time, covering various aspects such as fund size, fund withdrawal level, fund equity positions, fund investor structure, etc., taking into account the enhanced return of equity assets and the overall risk pattern of the portfolio, with the aim of including inclusive products with a good holding experience. The expansion brings opportunities for “changing channels of competition,” and managers of “fixed income +” funds that are deeply involved in the retail business are expected to be the first to benefit.

The CITIC Securities Research Report pointed out that according to a report by China Fund News, second-tier debt-based and debt-partial hybrid funds are expected to be included in the personal pension fund product list. This inclusion is the second major expansion of the personal pension fund product list following the inclusion of index funds. It is expected to significantly broaden the range of options for medium- and low-risk investment instruments. Six dimensional screening conditions have been set for the products to be included this time, covering various aspects such as fund size, fund withdrawal level, fund equity positions, fund investor structure, etc., taking into account the enhanced return of equity assets and the overall risk pattern of the portfolio, with the aim of including inclusive products with a good holding experience. The expansion brings opportunities for “changing channels of competition,” and managers of “fixed income +” funds that are deeply involved in the retail business are expected to be the first to benefit.