Statement written before the article: Note before this article: The investment information listed in this article is only an objective description of the net asset value of the fund, and is not subjective, nor is it investment advice, and is purely entertainment in nature.
One operation is as fierce as a tiger, and there are currently 24,642 funds that have updated their net value, up: 8802, flat: 893, down: 8969, who is the king of the fund, and who is at the bottom, please see the data:
On May 16, 2024, the top 10 open-end funds in terms of net value growth
The top 10 funds with the highest net value growth of open-end funds on the 16th were: ChinaAMC CSI Hong Kong Stock Connect Mainland Financial ETF, ICBC Industrial Upgrading Stock C, ICBC Industrial Upgrading Stock A, ICBC Core Opportunity Mix C, ICBC Core Opportunity Mix A, ICBC National Strategic Stocks, ChinaAMC CSI Hong Kong Stock Connect Mainland Financial ETF Initiation Connection A, ChinaAMC CSI Hong Kong Stock Connect Mainland Financial ETF Initiation Connection C, ICBC Smart Value Mix C, and ICBC Smart Value Mix A.
On May 16, 2024, open-end funds ranked in the bottom 10 in terms of net value growth
The bottom 10 funds in the net value growth of open-end funds on the 16th are: Ping An Medical and Health Mixed C, Ping An Medical and Health Mixed A, Penghua China 50 Mixed, Wanjia Dual-Engine Flexible Allocation Mixed A, Wanjia Dual-Engine Flexible Allocation Mixed C, Wanjia Strategic Development Industry Mixed C, Penghua Selected Return Three-Year Fixed Opening Mixed, Wanjia Strategic Development Industry Mixed A, Sino Research Preferred Mixed C, and Sino Research Preferred Mixed A.
Fund strategy analysis: the Shanghai Composite Index opened high and rushed high in the afternoon after diving to fill the gap and closed slightly, and the ChiNext opened high and went low to fill the gap and followed the shock to close slightly, with the ratio of individual stocks rising and falling to 2823:2342,
Leading industries: real estate, household goods, insurance, and tourism rose by more than 2%;
Leading the concept: copper cable high-speed connection, rent-purchase equal rights, property management, prefabricated buildings, and new towns increased by more than 3%;
Leading industries: transportation services, transportation facilities, electric power, daily chemicals;
The fastest growth in net value is ChinaAMC CSI Hong Kong Stock Connect Mainland Financial ETF.
Among the top ten holdings of the fund, Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Ping An of China, China Merchants Bank, Agricultural Bank of China, Bank of Communications, and Chinese Life rose greatly, and the top ten holdings accounted for 79.50% of the total holdings, and the fund holding style is biased towards the financial industry, and the net value of the fund is relatively outperforming the market (belonging to the cross-market passive index fund of the large financial industry) [Fund size of 51 million yuan]. The poor growth of net worth is Ping An Medical and Health Mixed C,
The top ten holdings of the fund in Zhixiang Jintai-U fell greatly, and no rose stocks were found, the top ten positions accounted for 74.95% of the total holdings, the fund holding style is biased towards the direction of biomedicine, and the net value of the fund is relatively underperforming the market (belonging to the active mixed fund in the direction of biomedicine subdivision in the pharmaceutical industry) [fund size of 130 million yuan].
--- Investment Strategy Analysis: How to Choose a Good Fund? ---
1. The net value of the fund is the only criterion for judging the rise and fall of the fund, and the valuation of the fund is only a valuation model, and the fund valuation cannot be used to judge the trend of the fund.
2. The top ten holdings of the fund are a window for us to observe the fund, and the investment style of the fund can be seen from the holdings. If we want to invest in a certain sector fund, it is a good choice to look at its main asset allocation structure (top 10 holdings).
3. The net value of the fund deviates too much from the rise and fall of the top ten holdings, which is usually caused by the fund manager's position adjustment and stock swap in the current quarter. Sometimes the fund size is too small, and there are huge subscriptions or huge redemptions, which will also affect the net value of the fund.
4. The change in the net value of the fund is only the past performance, and does not mean that it will continue to be the same in the future.
5. The fund recommends medium and long-term investment, and Class A funds can be selected in the medium and long term; If you think you can catch the market and do short-term, then you can consider C-rated funds, whether you prefer A or C-rated, the top 10 are the same.
6. Funds also have a herd effect, and popular funds do not mean excellent performance, and even become a contrarian indicator, such as a medical fund.
7. The low net value of the fund does not mean that it is cheap, it can only indicate that the fund has performed poorly after its establishment.
8. Some foundations have liquidation risks, unlike stocks, which can be held for a long time.
Special Notes:
1. The above content is just my own investment diary and does not have any guiding effect.
2. The views are for your reference only, and whether you can keep up with this idea is still up to you.
3. It is not easy to be original, if you think your article is good, please like and comment, it will be a great encouragement to me.