The fund company that lost the most money: Huabao Fund helped the people lose 4.3 billion yuan in the first quarter

Wealthy and chivalrous

2024-05-05 11:28Posted in Guangdong financial field creators

A-shares were generally stable in the first quarter, with the Shanghai Composite Index rising 2.2% and the CSI 300 Index rising 3.1%. After more than two years of decline, most fund companies have seized the opportunity to help the people recover, but some fund companies still suffer large losses.

According to the data of the first quarter report of the fund in 2024, the fund company that lost the most money ranked 5th, Huabao Fund, helped the people lose 4.3 billion yuan.

Huabao Fund has a management scale of 300.5 billion yuan, ranking 28th among 208 public funds in the A-share market, but ranking 5th in terms of the amount of money lost.

So why did Huabao Fund lose so much money in the first quarter?

Huabao's most money-losing fund - Huabao CSI Medical ETF, the fund manager is Hu Jie, director of index investment and general manager of index R&D and investment department of Huabao Fund, with a scale of 22.36 billion yuan and a loss of 3.86 billion yuan in the first quarter;

Huabao Losing Money Fund List - Huabao CSI All-Index Securities Company ETF, fund managers Feng Chencheng and Hu Jie, with a scale of 20.08 billion yuan and a loss of 1.06 billion yuan in the first quarter;

Huabao Losing Money Fund Tanhua-Huabao Medical ETF Connect A, fund manager Hu Jie, with a scale of 3.87 billion yuan and a loss of 620 million yuan in the first quarter;

Huabao lost money fund fourth - Huabao Medical ETF Connect C, fund manager Hu Jie, with a scale of 2.1 billion yuan and a loss of 350 million yuan in the first quarter;

Huabao Losing Money Fund No. 5 - Huabao CSI Technology Leading ETF, fund manager Hu Jie, with a scale of 2.81 billion yuan and a loss of 150 million yuan in the first quarter;

Huabao Losing Money Fund No. 6 - Huabao Ecological China Mixed A, fund manager Xia Linfeng, with a scale of 720 million yuan and a loss of 150 million yuan in the first quarter;

Huabao Losing Money Fund No. 7 - Huabao Brokerage ETF Connect C, fund managers Feng Chencheng and Hu Jie, with a scale of 2.83 billion yuan and a loss of 150 million yuan in the first quarter.

Huabao loses money fund eighth - Huabao CSI Hong Kong Stock Connect Internet ETF, fund managers Feng Chencheng and Zhou Jing, with a scale of 1.26 billion yuan and a loss of 110 million yuan in the first quarter;

Huabao loses money fund ninth-Huabao Innovation Preferred, fund manager Zhang Jintao, with a scale of 750 million yuan and a loss of 80 million yuan in the first quarter;

Huabao Losing Money Fund No. 10 - Huabao Pharmaceutical Biological Mixed A, fund manager Zhang Jintao, with a scale of 1.14 billion yuan and a loss of 70 million yuan in the first quarter.

Among the 10 funds that lost the most money in the first quarter of Huabao Fund, 7 were index funds, and all of them were managed by Hu Jie, its index investment director and general manager of the index R&D and investment department.

Among them, the main loss comes from the biomedical theme fund, but the Huabao fund is very fond of the pharmaceutical and biological sector, including the 9th and 10th actively managed funds Huabao Innovation Preferred and Huabao Pharmaceutical and Bio Mixed A are mainly invested in the pharmaceutical and biological sector.

In addition, Huabao convertible bonds are also in the top 20 of the money loss list this time, which is worth paying attention to.

In general, Huabao Fund is very fond of the layout of ETFs and the pharmaceutical and biological sector, and the decline of the pharmaceutical and biological sector in the first quarter has created its large losses.

It can't even be said that Huabao Fund is a poor student, but it is a partial student.

Risk Warning: Investment is risky, and you need to be cautious when entering the market

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