has been in good market trend recently. After a few days of upswing, the market index has also reached 3200 points. The strongest performance in the industry sector is big consumption, and the food and beverage sector is the strongest. Consumer theme funds are generally a must-have option for fund portfolio allocation, so now most investors have more or less some of the consumer theme fund holdings , so this round should have good returns.
Recently, I have paid special attention to the performance of some mainstream consumer funds. In addition to the good increase in and , some consumer funds have performed steadily overall. Not only are the overall drawdown controlled well, but this round of increase has performed well. For example, the Jiashen Consumer Selected Stock Fund managed by Wu Yue has risen for 10 days in the past 11 trading days, with an overall increase of nearly 13%. Its performance is now at the forefront in all stages.
Previously, he had some understanding of fund manager Wu Yue. He started as a researcher for ten years in the industry, focused on large consumption, had a deep understanding of the consumer sector, had a relatively balanced position, and had a steady historical performance. There happened to be a recent interview with him, and some of the consumer issues that everyone is more concerned about are mentioned. Here I will briefly sort out a few hot issues and share them with you, hoping that they will be of some help to the majority of fund investors.
1. In the near future, how to move the medium and long-term consumption sector next year, how to layout
Policies will still be there in the near future, but it is possible that the intensity and time of policy introduction will not be so fast. The overall fluctuation will rise in the next quarter, but the market fluctuations will increase. There will be a big game in the past one or two months, and there will be a continuous rebalancing in style. The overall market will be a relatively good market environment next year. The consumption data after the Spring Festival, real estate data, including macroeconomic data will also begin to show a bottoming out trend, and is now in the process of transitioning from strong expectations to brute-world reality. It is still in the bottom area and is still in a major disagreement and change. At this time, it is a relatively good window for the layout of consumption, domestic demand, and most fund active equity products. How to look at the segmented tracks of the consumer sector? Which segmented tracks are good for
Because of the bear market in the past two or three years, the main reason for the decline is the epidemic + macro. Therefore, if the recovery is along such a line and reversal next year, the increase will also benefit from the relaxation of the epidemic + macro recovery. Then, following this direction, from a one-year perspective, the internal order of the consumer sub-track should be real estate chain + liquor + Hong Kong stock consumption, which are the three optimistic sub-directions. In the medium and long term, from the perspective of population, purchasing power, and consumption preferences, consumption is no longer a high-level track, and the way of playing core assets will change greatly.
- At this stage, how should ordinary investors choose investment fund
This should be the most concerned question for everyone. Wu Yue’s answers in the interview were also very down-to-earth. He said that at this stage, ordinary fund investors can consider it from two dimensions.
The first category is to invest in full-market fund managers with the ability to travel through cycles.
is what we usually call buying active funds, but it is actually an investment fund manager. The selected fund managers must be able to travel through different market styles, different macroeconomic environments and cycles, and be able to invest in funds across the entire market. It is best to show that they can enter the top 30-40% every year. In the long run, the performance in three to five years is good. Such a fund manager can help ordinary people and achieve a large part of their so-called family property to maintain and increase the value.
The second category is a long-term track product that is relatively stable and long-term, and is composed of domestic demand. Track products like
actually don’t have that much to do with fund managers. Suitable for , the risk preference for , and has a judgment on the industry, and is an enterprising and radical investor. For example, consumer theme funds cannot guarantee that you can outperform the benchmark every year, but looking at the three years, the average annual benchmark is 10-20% that we can do.This group of tracks represented by consumption, medicine, etc. is recommended because this type of track is a long-term track with stable characteristics. Most of the assets have brand attributes. As long as the time goes by, they usually have better returns.
With the further optimization of prevention and control policies and the efforts to expand domestic demand and macroeconomic recovery, the market generally believes that next year is likely to be a relatively good environment, and it is not ruled out that there will be a small bull market next year. If you have confidence in the overall economic stabilization and recovery next year, there is no doubt that the consumer sector and the domestic demand sector will become very important winners and losers next year. How much expectation do you have for the future of the consumer sector? Will you firmly hold consumer funds for a long time?
Risk warning: The above content of is for reference only and does not constitute any investment advice. Funds are risky and investments should be cautious. Please invest rationally within your own risk range.
