In the third quarter, funds "withdraw" from bond funds and "fixed income +" receive net purchases against the market trend.

The latest fund quarterly report shows that in the third quarter of this year, against the backdrop of volatility in the bond market, actively managed bond funds were redeemed on a larger scale, with the scale of pure bond funds shrinking more significantly, while the scale of "fixed income +" funds that can invest in convertible bonds, stocks and other assets has increased. Looking ahead, fund managers generally hold a cautious attitude towards convertible bond assets, believing that their current cost-effectiveness is low, while the bond market may have stabilized and will gradually come out of the trough.