Two funds have released liquidation reports on the same day since July, nearly 20 funds have prompted "miniization" risk

Recently, the public offerings have also seen the release of explosive products, but at the same time, there are also many liquidation funds issuing liquidation reports, and many products are prompting "mini" risks.

On July 14, Anxin Fund announced that the Anxin Yongrui Dingkai Bonds Release Fund Contract Termination announcement and announced a liquidation report; on the same day, the Changdoro factor strategy of Changsheng Fund also officially entered the liquidation procedure. On the day; according to statistics, many funds including Oriental Xinli and Teda Manuro Xinsuli semi -annual opening all issued fund contract termination and property liquidation reports within July.

In addition, from July, nearly 20 products have been announced, and the net asset value has made risk reminders on the net asset value of 50 million yuan.

"Daily Economic News" reporter found that although from the perspective of continuous marketing, the "mini -minor" fund is difficult to escape the fate of liquidation, from the perspective of the investment emotion of the market, some agencies have actively deployed the market in the second half of the year, except for continuing to continue In addition to the wind power, photovoltaic, and new energy track stocks, some fund companies have paid attention to other fields.

Data source: Reporter sorted out the visual Chinese map Yang Jing map

Xinfa Fund impacting stock products

From the perspective of product types that are terminated by fund contracts, the number of equity and solid -income products is difficult to divide, but in general, there are still a large number of equity and partial stocks. Although A shares have opened a rebound at the end of April, many net worth of equity products have significantly narrowed signs of narrowing, but investors also need to redeem the capital. At least from the announcement of the announcement of the funds of the funds, some products It is not uncommon for performance to be negatively related.

In fact, in the public -funded investment community with a highly homogeneous investment strategy and investment scope, the influx of Xinfang Fund has continuously impacted the continuous marketing performance of stock products. For some of the products with worrying performance, it is difficult to escape the fate of "miniization". Essence Since July, many products have prompted the risk of "miniization" in scale. Wind statistics have shown that nearly 20 products have issued announcements to make risk reminders on the net assets of fund assets below 50 million yuan.

However, for the fund liquidation, some people in the public offerings said in the previous reporter WeChat with the reporter of the Daily Economic News that, in fact, each company has a lot of mini funds with less than 50 million yuan, especially equity products. Cleaning is just the company's strategic processing method set by the company.

He said that the new hair homogeneous product is not beneficial to investors, and it will also accelerate the risk of "miniization" of the stock product. What the fund company should do is to continue to do business and maintenance of existing products to protect the majority of investors investors Interests.

The public offering is still actively deployed in the second half of the year

Lei Zhiyong, Morgan Stanley Huaxin Fund, publicly stated that he embraced the three high prosperity directions of landscape energy storage, defense military workers, and automobiles in the second half of the year. He introduced at the semi -annual investment strategy meeting of this year that the peak season for traditional photovoltaic installations in the second half of the year, under the background of the global new crown epidemic, the completion of silicon material supply, and the system cost is expected to be reduced again. increase.

Xiao Ruijin, assistant to the four investment director and fund manager of Boshi Fund Equity Investment, said that the science and technology industry will usher in an important layout period in the second half of the year. In his opinion, China's equity assets may become a global shelter, and China's emerging market economy mainly has a bottom -up, and the current trend of China's economy is very healthy. repair. "Some small and medium -sized market value of the GEM and science and technology board will have better investment opportunities in the direction of the growth stocks of small and medium -sized market value. The pricing power is mainly in the hands of domestic funds, and the industrial trend is relatively clear."

Regarding the bond market, many institutions maintain a shock market judgment, and the China -EU Fund publicly stated that the game interest rate band opportunity and leverage maintain neutrality. In its opinion, the direction of economic recovery is determined, and the fundamentals will continue to improve. It is difficult to return to the epidemic for the time being. The currency loose is subject to peripherals and price constraints. Holding long -term interest rate debt. The rhythm of capital interest rates may be relatively slow. In the future, credit may be better than interest rates, and leverage strategies can consider maintaining neutrality.

The chief economist of the Great Wall Fund publicly stated that the liquidity of the domestic financial market may have been peaked, and the possibility of more looseness in the future to the margin is very weak. Therefore, the wings of butterflies have begun to fan, and the continuous shrinkage of the central bank's reverse repurchase is likely to cause a market chain reaction. Began to pay attention to controlling risks.

Daily Economic News

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