Personal pension products were officially enriched to the “fixed income +” category. Twenty-two fund managers, including Yifangda, Southern, Central Europe, China Merchants, Huaxia, Huatianfu, Tianhong, Hua'an, Guangfa, Penghua, Yongying, and Eastern Securities Asset Management, also announced that starting September 29, they will add Y fund shares to some of their partial debt hybrid products or second-tier debt bases. Of these, 10 are only debt-biased hybrid funds, and 12 are only second-tier bonds. This is another important expansion of the personal pension fund list after pension target FOF and index funds. Looking at the product spectrum, “fixed income +” products are based on bond assets and enhanced equity assets. The risk-return characteristics are between prudent and enterprising, which just fills the gap between pension FOF and index funds, which means that pension investors seeking steady returns have ushered in new choices that are more in line with their needs, and the risk-return gradient for personal pension investments is smoother and more complete. Earlier, according to the “Notice on Accomplishing the Work of Including Equitable Secondary Debt Funds and Partial Debt Hybrid Funds in the Personal Pension Fund Product List”, the Equitable Secondary Debt Foundation and Partial Debt Hybrid Funds were officially included in the personal pension fund product list.

Personal pension products were officially enriched to the “fixed income +” category. Twenty-two fund managers, including Yifangda, Southern, Central Europe, China Merchants, Huaxia, Huatianfu, Tianhong, Hua'an, Guangfa, Penghua, Yongying, and Eastern Securities Asset Management, also announced that starting September 29, they will add Y fund shares to some of their partial debt hybrid products or second-tier debt bases. Of these, 10 are only debt-biased hybrid funds, and 12 are only second-tier bonds. This is another important expansion of the personal pension fund list after pension target FOF and index funds. Looking at the product spectrum, “fixed income +” products are based on bond assets and enhanced equity assets. The risk-return characteristics are between prudent and enterprising, which just fills the gap between pension FOF and index funds, which means that pension investors seeking steady returns have ushered in new choices that are more in line with their needs, and the risk-return gradient for personal pension investments is smoother and more complete. Earlier, according to the “Notice on Accomplishing the Work of Including Equitable Secondary Debt Funds and Partial Debt Hybrid Funds in the Personal Pension Fund Product List”, the Equitable Secondary Debt Foundation and Partial Debt Hybrid Funds were officially included in the personal pension fund product list.