Reporter du Meng
AprilTwinspinmegawaysThe A-share market continued before.TwinspinmegawaysStructural rotation, hot spots constantly switch between photovoltaic, real estate and AI. The yield of the CSI 300 index was 1 in April.Twinspinmegaways.89%, the yield of CSI 1000 index is 1.Twinspinmegaways.03%.
Interface news comprehensive return, volatility, timing and stock selection and other dimensions to evaluate mixed funds (partial stock mixing, balanced mixing, flexible allocation), while further screening the listed funds, excluding funds with a total asset size of less than 50 million, and funds that have been established for no more than one month, and excluding the increase in net worth caused by non-investment income, sort out the mixed-based red and black list in April.
Through the long-term tracking of these funds, we try to find the funds with relatively high returns, relatively low risk and excellent long-term performance. At the same time, find out the potential risks and problems of some products to help investors "protect against lightning".
The following table shows the 10 funds with the highest overall scores:
In terms of the growth rate of net worth, Yuan Li managed a monthly return of 12.63% for Southern Superior dividends, while another product managed by Yuan Li, Southern quality, returned 9.6% in April. From the perspective of positions, funds prefer blue chips with long-term dividends. Benefiting from the opportunity of dividend assets so far this year, both funds have made significant returns over the past three months. Take the southern premium dividend as an example, the fund has returned 18.66 per cent in the past three months. Fund managers said in their quarterly report that they had reassessed some companies that were not sound enough and did not want to label them as an industry.
Dacheng Huixin, managed by Liu Xu, made a 7.02% return on one-year holdings in April, and the fund, founded on January 18, 2023, has so far returned 10.68%. In this regard, Liu Xu said that this is mainly caused by the rise in positions related to the dividend factor within the portfolio. Liu Xu said that there is indeed a risk of deducing a phased overdraft in the market style, but the gradual change in the shareholder return behavior of entrepreneurs will have a far-reaching impact on the ecology of the capital market as a whole.
The following table shows the 10 funds with the lowest comprehensive scores:
The five funds managed by Gao Bing, such as the smart life of Chinese businessmen and the emerging vitality of Chinese businessmen, are all on the "black list", with returns ranging from-5% to-7%. From the position point of view, several funds are dominated by new energy and photovoltaic sectors, with a larger retracement since 2022.
In terms of scale, the largest is the intelligent life of Chinese businessmen, with a scale of 1.537 billion yuan in April. From 2021 to 2023, the returns of the fund were 66.45%,-13.19% and-32.19%, respectively.
Citic Construction Investment Co., Ltd., managed by Zhou Ziguang, has a two-year return of-6.37% in April. The Beijing 50 index returned-3.73% in nearly a month, according to China Securities Index Co., Ltd. Fund managers said that some of the preferred Northern Exchange targets were increased at the bottom of the year, but did not get the expected rebound and the net performance was poor.
The market is treacherous, and most fund managers have expressed their feelings in the quarterly report that has just been disclosed. For the dividend sector with better performance in the first quarter, Zhu Shaoxing believes that better investment opportunities can still be found under the current valuation, but the growth style also has a lot of investment opportunities. Liu Xu said frankly that he was still a primary school student on the way to investment and silently took out the wrong notebook to record what happened this quarter. Xu Yan said he missed some opportunities in the first quarter.