Funds accelerate the differentiation of listing performance and test the people’s ability to choose bases
Source: Southeast Commercial Daily reporter Cui Linglin Since the implementation of the New Deal for the approval of public fund products, the number of new fund approvals has increased significantly since late October.
The latest public fundraising application announcement form released by the Securities and Futures Commission shows that from November 4th to November 8th, a total of 75 funds were obtained by wholesale firms in a week.
In fact, the reporter found that the new fund showed a “low-profile” blowout situation. Until November 19, a total of 842 new funds have been established this year, and the total issue size has exceeded 100 billion.After that, this happened a second time.
In fact, the stock market rises, the fund’s earning effect appears, and new funds are issued intensively. There is an organic relationship between these phenomena. When the stock market rises, partial stock funds often get positive returns.
In this year’s market, some people have made 西湖阁体验网 a lot of money, but some people have lost more than three or five.
It can be seen that the essence of base selection.
In the face of new fund issuance breaking trillions, more and more investors ask: how to choose a reliable fund.
The explosion of funds frequently, the popularity of the base city said that since the launch of the new fund this year, the most important is the “public fund bosses in charge, active management ability is super strong” halo blessing the following city’s Ruiyuan’s first public offering product Ruiyuan growth valueThe fund subscribed for 70 billion yuan a day, a ratio of less than 10%, which completely ignited the enthusiasm of the people in purchasing the base.
At the beginning of the capital market’s largest attraction “Science and Technology Innovation Board”, the science and technology theme fund appeared bright as soon as it appeared.
The first seven science and technology innovation theme funds have different investment focuses, but they have been snapped up without exception, attracting 120 billion funds to subscribe, and the average placement ratio is only 5.
For example, of the 120 billion subscription funds, only 7 billion were lucky enough to “get in the car”, and the popularity is self-evident.
In October, new rules for fund approval were introduced, and equity funds were encouraged. With the further optimization of the product registration mechanism for public offering funds, the approval of new funds accelerated significantly.
Statistics show that as of November 19, a total of 842 new funds have been established this year, with a total issue size of 10,275.
7.3 billion, successfully surpassing the trillion mark.
This is the second annual fundraising of new funds in the history of the fund industry after 2015, which exceeded RMB 1 trillion.
The reporter found that from 2006 to 2019, the fund industry issued an average of only 396 new funds per year, with an average initial size of 5881.
1.9 billion yuan.
In keeping with the significant increase in scale, the reporter noticed that the size of a single fund is also remarkable.
Statistics show that of the more than 800 new funds issued during the year, 15 funds had an issue size of more than 10 billion yuan.
Among them, the largest issue of Minsheng and Bank of China Bonds 1-3 years of agricultural bonds, the issue scale reached 224.
0ppm; Bo Shi’s state-owned enterprise innovation-driven ETFs, and the investment scales of Castrol China Securities Central Enterprise Innovation-driven ETF funds were 167.
3.5 billion, 132.
50ppm; Huitianfu’s steady growth mixed initial fundraising just set up earlier this month also reached 130.
Some people said that as of this week, the Shanghai index has increased by about 15% during the year. Benefiting from this, the public funds have delivered a good transcript as a whole, and the fund’s profit-making effect is obvious, especially for stock funds and hybrid funds.The returns are more than 20%, which makes more and more investors lament: “It is better to buy funds than stocks!
“In terms of performance, some people are happy and some are sad. Of course, there are still funds in the base market to seize the market conditions, and the net value has lagged behind the market, and even has negative returns.
Among them, the performance difference of the number partial stock fund is the largest, and the performance gap of the actively managed funds has even exceeded 120 digits.
It is reported that among the newly issued funds this year, equity funds are the most eye-catching. There were more than 160 newly established stock funds during the year, with an issue share of nearly 200 billion. The total issue size and the average issue size of each issue were the highest since 2016new highs.
It is said that Wind information data show that as of November 18, this year, all the supplementary statistics of 4,901 equity funds (including index funds, stocks, partial stocks, mixed debts, flexible allocation funds) averageThe yield is over 25%, and the performance is not bad.
However, in the case of some funds receiving positive returns, the reporter found that still nearly 4% of the fund returns are still negative.
Data show that since this year, the net value of the best-performing “Guangfa Shuangqing Upgrade” has doubled.
On November 20, there was another active partial equity fund-“Guangfa Healthcare” with a yield of more than 100%.
However, the worst performing Greenbury A and C funds each suffered as much as 21%.
The biggest performance gap between good and bad funds is over 120%.
In fact, according to statistics, as of the end of November, there were still more than 200 funds in the active partial equity fund products that had been established for three years.
Among them, 44 funds have exceeded 30% since their establishment, and more than 15 funds have lost more than 40% since their establishment. Among fund products that have been established for more than 4 years, ICBC Internet Plus Stock Fund has exceeded 60% since its establishment.E Fund’s new normal flexible allocation, Changsheng state-owned enterprise reform, China Post Trend Select and other funds have been “slashed.”
Yuan Qimiao, an international financial planner at the Bank of Ningbo, said in an interview with reporters that under the structured market conditions, the performance differentiation of public fund products was expected.For example, the newly established fund missed the surge in the first quarter because it was in the construction period; once again, in the structural market this year, technology, medicine and even the leading stocks in the pork sector have performed well, and the layout of the bank,Funds in the brokerage and other fields are obviously out of luck.
“In fact, a situation similar to this year also happened in 2015.
Data show that the annual growth rate of the 2015 performance champion E Fund reached 171.
78%, but there were also equity funds that shrank by nearly 20% that year, with a performance gap of up to 190%.