CITIC Bank has officially unveiled its new wealth product series named "Stable+ Family," integrating high-quality fixed-income financial products to offer investors a systematic, family-style product matrix for a one-stop asset allocation solution. This move responds to the current market environment where domestic interest rates have been steadily declining, leading to stable returns from traditional savings products and prompting investors to seek diversified wealth management methods to enhance overall investment returns. In this context, the "fixed-income-plus" category has gained recognition from many investors due to its balanced allocation characteristics and relatively favorable risk-return profile, offering both defensive and offensive capabilities.
Introducing the "Stable+ Family": A Dual-Track Approach for Diverse Needs
The name "Stable+ Family" captures the essence of fixed-income-plus investing. The "+" symbol represents the core strategy of diversifying asset allocation to supplement the returns of pure fixed-income products, aiming for enhanced performance. The "Family" concept signifies a family-style product matrix that aggregates a full range of stable products, forming a systematic investment layout. The two "Stable" characters in the name each have distinct roles, supporting each other to form the two core pillars of the complete product system. The first "Stable" corresponds to the bank's wealth management track, specifically the Stable Wisdom+ series. The second "Stable" corresponds to the fund track, comprising the Stable Gain and Stable Advance series.
Taking the fund track as an example, this "Stable" series consists of "fixed-income-plus" funds focused on flexible income enhancement. These products typically have an equity allocation target between 10% and 20%, allowing for participation in risk assets like stocks and commodities with a lower position to effectively supplement the returns of pure bond strategies. This approach aims to boost investment returns during periods of bond market volatility or equity market recovery. Most products feature rolling holding periods of 3 or 6 months or an open-ended design, providing investors with flexibility to decide whether to continue holding or reallocate upon maturity based on their financial situation or market outlook, balancing practicality and flexibility. Furthermore, the underlying assets cover diverse categories including stocks, bonds, and overseas markets, effectively dispersing risks from single-market fluctuations and achieving a better balance between returns and stability.
Since its significant launch in 2025, the Stable series of "fixed-income-plus" funds has seen more than seven benchmark products achieve single-fund sales exceeding 50 billion yuan. Excellent product strategies have empowered robust performance. The Stable Gain series has delivered an average return of 6.06% over the past year with a maximum drawdown of only 0.96%. The customer profit experience continues to improve, with data showing that over 90% of customers who held for more than one month and completed redemptions were profitable. The investment success rate for customers holding for six months or longer reached as high as 99%. With the dual advantages of high win rates and stable returns, the Stable series funds have become a competitive "fixed-income-plus" option for investors' core portfolio allocations.
The launch of the "Stable+ Family" product series represents a systematic integration and upgrade by CITIC Bank in the fixed-income-plus arena. By operating parallel tracks in wealth management and funds, it forms a tiered product matrix ranging from low-volatility stability to advanced enhancement, comprehensively covering the stable investment needs of different risk appetites. This approach not only safeguards the safety baseline of assets but also actively explores opportunities for excess returns through the diversified "+" strategies, addressing the challenge of increasing wealth management returns in a low-interest-rate environment.
Strategic Collaboration Aims to Deliver a Comfortable Investment Experience
Fortune Fund actively participated in the development of CITIC Bank's "Stable+ Family" brand. Its secondary bond fund, Fortune Shengli Enhanced Bond Fund, which targets medium-to-low risk and return, has been selected for the series' fund product pool, further enriching the "Stable+ Family" fixed-income-plus product matrix.
Specifically, the Fortune Shengli Enhanced Bond Fund employs a core strategy of building a foundation with fixed income and enhancing with equities. Bond assets account for no less than 80% of the portfolio, establishing a secure core position, while equities and convertible bonds collectively comprise no more than 20%, allowing for reasonable capture of appreciation opportunities. The fund leverages dual advantages in asset allocation and AI quantitative strategies. It utilizes artificial intelligence algorithms like deep learning for stock selection across the entire market and for picking individual convertible bonds, combined with a pure bond momentum trading strategy to balance return potential with volatility control. The fund is managed by veteran fund manager Chen Siyang, who has 13 years of securities industry experience and 8 years of investment management experience, bringing rich expertise in managing quantitative enhanced bond funds, which is expected to contribute to the fund's effective operation.
In terms of performance, fund periodic reports indicate that as of March 31, 2026, the A-share class of the Fortune Shengli Enhanced Bond Fund achieved a one-year return of 7.04%, significantly outperforming its benchmark return of 3.76% for the same period.
Looking ahead, Fortune Fund will continue its deep collaboration with CITIC Bank's "Stable+ Family," leveraging the respective strengths of both parties in investment research and products. Based in the fixed-income-plus arena and adhering to professional product selection standards, they will continue to identify high-quality funds with stable styles and solid performance, jointly refining the product layout to provide investors with more comprehensive and superior asset allocation services.
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