How about TEDA Manulife and FOF's balanced retirement? The ultra-detailed analysis is all here!

Alipay Pension Channel has launched two pension target funds, one of which has been launched before. Today, I will introduce another TEDA Manulife and Balanced Pension FOF. Unlike CEIBS Prospective Pension 2035, the target risk pension fund of this product has a fixed risk during the long-term holding period.

TEDA Manulife Taihe Balanced Pension FOF Product Introduction

Fund manager: TEDA Manulife Fund Management Co., Ltd.

Fund custodian: China Agricultural Bank Co., Ltd.

Product type: TEDA Manulife Taihe Balanced Pension FOF

Issue date: 2018 September10-10/0/0/0/9.

The minimum number of shares raised: 200 million shares.

The word "balance" in TEDA Manulife and Balanced Pension FOF actually means that this product has the characteristics of long-term fixed medium risk, which is different from the target date pension fund. TEDA Manulife and FOF balance pension needs constant asset risk in different periods. However, because the pension target fund encourages investors to hold it for a long time, it is considered that even if the fixed risk value of the product is high, it is still within the acceptable range.

How about TEDA Manulife and FOF's balanced retirement?

1. Principal security

The security of principal should be analyzed in two parts, one is the security of principal assets, the other is the security of principal investment process. TEDA Manulife and FOF Balanced Pension are managed by Agricultural Bank of China and supervised by various regulatory agencies, which can ensure the safety of principal.

In terms of investment, the product has a strategic allocation ratio of 50% for equity assets and 50% for non-equity assets. As far as portfolio is concerned, the medium risk of this product is inherent. However, the requirements for fund managers of pension target funds are particularly high. As a leading product, the probability of principal loss should be relatively small.

2. Investment risk

The total proportion of TEDA Manulife and Balanced Pension FOF invested in stocks, equity funds, hybrid funds and commodity funds shall not exceed 60% of the fund assets. In fact, the proportion of this product that can invest in risky assets is still very high, but in order to give investors a long-term compound interest return, the fund manager will adjust the investment strategy according to the actual situation to avoid the risk of loss.

3. Expected return on investment

TEDA Manulife and FOF Balanced Pension have no historical achievements for our reference, but this product provides a benchmark for performance comparison. CSI refers to the expected rate of return *50%+ CSI refers to the expected rate of return of bonds *50%. Therefore, it is a long-term product, so the short-term expected income has little effect on the product. After the closure period, everyone can take the expected income actually received as the standard.

As a newly discovered pension fund product, I believe that the positioning of the product is definitely stable. After all, expected returns and risks coexist. If we blindly pursue high expected returns, we need to deal with high risks for a long time. As a super fund management company, in order to get a good reputation, this product will give investors a satisfactory answer anyway.