Source: Wind, Haomai Institute. Time period: 2018.1.2-2024.05.14
Today (2024/05/14) the market temperature is 30.13°C, after the recent strong rebound in the stock market, the market temperature has also risen rapidly, and it has fallen into the neutral range, and everyone can maintain their positions.
First, the real review
I want to be smart since the establishment of the position in June last year, to the present floating loss of 2 points, the same period of the CSI partial stock fund index fell by more than 10 points, the CSI 300 fell by more than 5 points, as an active equity fund can outperform these two indexes, relatively speaking, it is not bad.
Source: Haomai Fund APP
In the past week, the market has been relatively volatile, and the funds held in the real market are also up and down.
The performance is relatively poor, such as Wanjia Selection, Bank of Communications Quality Upgrade and E Fund Information Industry, which are either biased towards technology or food and beverage, all of which have been in the direction of the pullback in recent days, and have fallen by more than 2 points in the past week.
The performance is relatively good, E Fund high-end manufacturing and Hua'an Jujia Selection, both of which have risen by more than 2 points in the past week, which really has to praise Qi He's E Fund high-end manufacturing.
Source: Haomai Fund Research Center, E Fund High-end Manufacturing
This fund we chose at that time in order to allocate new energy direction, from last year's annual report all the positions, power equipment still accounted for more than 30%, including the first quarter of the heavy stocks also have the photovoltaic industry of Sungrow and the new energy vehicle industry CATL.
But at the same time, Qi He is also equipped with small household appliances, power grids, and non-ferrous metals, so that the portfolio can lay out new energy targets at a low level and seize other industry opportunities, which shows that Qi He's investment sensitivity in non-new energy industries is also good, so this fund can also rise against the trend in the time of new energy withdrawal.
Second, the real position adjustment
Next, let's talk about the real market, which is about to be "forced" to adjust positions again.
The main reason for this is that there is a new fund manager in this bond base, and it is not old with new, and the new one is also a fund manager with more than 4 years of investment experience, and the fund manager of this fund does not seem to be stable now.
At the same time, we made this position adjustment, more with reference to the monthly report of the public offering 30, which also transferred the pure debt of China and Canada in May to Huaan Anpu.
In addition, Li Zhenyu, the fund manager of Huaan Anpu, pays attention to the return-risk ratio of the holding bonds in the investment, strictly controls the credit risk, and controls the drawdown during the management period.
Of course, the total position of our current bond base is less than 20%, and the current proportion of China-Canada pure bond funds is less than 2%, so this readjustment actually has little impact on the real market.
Tomorrow we will publish the information of position adjustment in the real market.
As for why there is no adjustment now, mainly because the fixed income real market has just opened a position, at this time you still need to charge a 0.1% handling fee for selling, if you also belong to this kind of situation to pay a handling fee, then you can wait, if it is earlier to follow us I want to build a flexible real position, it has been more than half a year, no need to pay a handling fee, you can consider adjusting the position.
This article is the original of Haomai Academy, if you need to reprint it, please indicate at the beginning of the article that it comes from "Haomai Academy". Without authorization, no media or individual shall reprint it in whole or in part, otherwise it will bear the corresponding legal responsibility.
Disclaimer: The content of this article is based on public information research and does not constitute investment advice. Investors should make prudent decisions and bear risks independently.
Earn while learning, just buy the studio, for more content, you can follow @haomai workshop