Fund observation 丨 August A -share market style switch: "digging" funds led, the "car" fund bottom

There are 1508 words in this article

About 3 minutes after reading

Financial Investment Reporter Liu Qinghua

The A -share market continued to fluctuate in August, and the GEM declined in the middle and late -late end of the GEM, and the style of the sector was switched. Affected by this, the August Rights Fund was slightly negative.

According to Wind statistics, as of August 30, many fund yields have rewritten coal, petroleum petrochemical and other sectors since August 30, and have led equity products; Some funds lost more than 10%.

The fund income of heavy warehouse coal exceeds 10%

According to Wind statistics, the average rate of return on the equity fund since August was -0.71%, which is a small loss state. Among them, the average return on fund arithmetic for active management is -1.45%.

Among the active management of equity funds, as of August 30 since August, a total of 8 funds have exceeded 10%, including the theme of the reform of the British and large state -owned enterprises, the Wanjia Xinying, and the Wanjia selected A. Wanjia macro time selection Multi -strategy, Nond New Sheng A, etc., with yields of 17.21%, 14.12%, 13.62%, 13.61%, 12.21%, leading similar funds.

These funds are the mining industries that are allocated in the second quarter of this year, and the second largest heavy warehouse industry is mainly based on the real estate and transportation industry.

Taking the theme of the reform of the British and large state -owned enterprises as an example, the second quarterly report showed that the fund's stock position at the end of the second quarter was about 92%, and the mining industry and transportation were reorganized. Specifically, the top ten heavy warehouse stocks are mainly coal and petroleum petrochemical, including Shaanxi Coal Industry, Shan Coal International, China Sea Oil, Guanghui Energy, Yankuki Energy, China Petroleum, etc. The total proportion of heavy positions accounts for about 80%. However, as of the end of the second quarter of this year, the fund's assets were small, with 81 million yuan.

Wanjia Xinli and Wanjia select A and Wanjia Macro -selection multi -time strategies are managed by the same fund manager. The configuration of the second quarter is similar, and they have heavy warehouse mining and real estate. Taking Wanjia's new interest as an example, the top ten heavy stocks of the fund are concentrated in coal, real estate and other directions, including Shaanxi Coal Industry, China Coal Energy, La An Energy, Shanxi Coking Coal, Poly Development, Huaibei Mining, Goldland Group, etc. The top ten heavy warehouses accounted for about 78%.

In the case of the overall yield of equity funds in August, 10%of the three funds of Wanjia had increased by more than 10%, further expanding the leading advantage of the annual return. Among them, Wanjia's macro -selection strategy has rewarded more than 60%within the year, and it is currently ranked first in the equity fund list.

Data show that since August, the coal sector has increased by 12.8%, and the petroleum petrochemical sector has also risen by nearly 7%.

In addition, Wanjia Double Engine, Yifangda's high -quality strict selection for three years, and the selection of Chinese business themes has also exceeded 10%since August.

Fund in heavy warehouses and other sectors led the decline

Affected by the leading decline of cars, some funds and new energy funds have lost more than 10%since August.

Oriental Automotive Industry Trends A, Golden Eagle cycle preferred, Wanjia New Energy Theme A, Kaishi Lan Lae Economy held one year, Boshi strategic emerging industry from August 30 to August 30 It is -11.97%, -11.41%, -11.27%, -10.63%, -10.43%. As a result, some funds have continued to expand during the year. Among them, the Golden Eagle cycle preferably loses more than 28%during the year, and the loss of more than 24%during the year of Boshi strategic emerging industries.

From the perspective of configuration, the Oriental Automobile Industry Trends is a car -themed fund for automobiles, focusing on the fields of computer, automobiles, electronics and other segments. Heavy warehouses include China Science and Technology, Dedaixiwei, Toppu Group, Sanhua Zhikong, Guoxin, and Guoxin Technology, Wentai Technology, Changan Automobile, etc.

The Golden Eagle cycle is preferably equipped with hotels, food, beverages, airport aviation and other sectors. Heavy warehouses include the first travel hotel, Jinjiang Hotel, Guizhou Maotai, Luzhou Laojiao, etc. Kai Shi Lan Lae Economy holds the main configuration of batteries, photovoltaic, electronics and other fields in one year, including Yingshe Technology, Ningde Times, Haiming Star, Pioneer Intelligence, etc. Boshi strategies emerging industries are mainly equipped with automobiles, automobile parts, and military industry.

From the perspective of the basic market, in the above -mentioned time interval, the automotive sector in the industry in the industry has fell the largest decline in the market, exceeding 6%. Secondly, the declines of building materials, steel, and computers are also large, 5.76%, 4.24%, and 3.99%, respectively.

In the segment industry, automotive parts, wind power equipment and other sectors have fallen by more than 8%. These are also the areas where the fund holds heavier, so it drags the net value of the fund.

In addition, Boshi strategies flexibly configuration, Huatai Berry quality leading A, Noon's flexible configuration, etc. as of August 30 also declined more than 10%.

Edit | Chen Yuhe School Inspection | Yuan Gang Review | Liao Xiaotao

- END -