404 Not Foundnginx/1.6.1 Financial sector fund September 2 News Shenwan Lingxin Value Select Hybrid Securities Investment Fund (Abbreviation: Shen Wan Lingxin Value Select Hybrid A, code 011800) The net value fell by 2.75% on August 31, causing investment those paying attention.

404 Not Found

Financial Sector Fund On September 2, Shenwan Lingxin Value Select Hybrid Securities Investment Fund (Abbreviation: Shen Wan Lingxin Value Select Hybrid A, code 011800) saw a net value decline of 2.75% on August 31, causing investment those paying attention. The current net value of fund unit is 0.8478 yuan, and the cumulative net value is 0.8478 yuan.

Shenwan Lingxin Value Select Hybrid A Fund has earned -15.22% since its establishment, -19.49% since this year, -7.25% in the past month, and -18.96% in the past year.

This fund has distributed 0 dividends since its establishment, with a cumulative dividend amount of 0 billion yuan. The fund is currently open for subscription. The fund manager of

is Zhou Xiaobo. He has managed the fund since April 27, 2021, with a return of -14.94% during his tenure. The latest fund periodic report of

shows that the fund holds heavy positions in Defang Nano ( holding proportion is 5.67%), Huayou Cobalt (position proportion 4.25%), CATL (position proportion 4.02%), Guizhou Moutai (position ratio Example 3.15%), Milkwei (position ratio 2.93%), Dongfang Shenghong (position ratio 2.88%), Changchun High-tech (position ratio 2.72%), Yanghe shares (position ratio 2.70%), Tongwei shares (position ratio 2.64%), Guanghui Energy (position ratio 2.59%).

During the reporting period, fund investment strategy and operation analysis

In the first half of the year, the market experienced the triple impact of the expected contraction of overseas liquidity, the Russia-Ukraine war, and the Shanghai epidemic. The market experienced a sharp decline; after the Shanghai epidemic eased, the prosperity track sharply rebound. Stable growth has shifted from real estate and infrastructure to automobiles. Policies such as purchase tax exemptions and have promoted the rapid recovery of automobile sales, driving the rebound of auto parts and new energy vehicle-related stocks; under global high energy prices, European photovoltaic and household savings demand is strong, and the industry is booming Upward.

The fund’s equity position was low in the first quarter, but it increased its equity position in the second quarter. Structurally, the allocation is relatively balanced. In the medium and long term, we are optimistic about the growth and industries such as photovoltaics, electric vehicles, and semiconductors, and further increased allocations in the second quarter. At the beginning of the year, we judged that the economic pressure was high, and we also allocated some industries related to stable growth.

Fund performance during the reporting period

The net value performance of the Fund's Class A products during the reporting period was -10.42%, and the performance benchmark performance during the same period was -7.89%.

The net value performance of the Fund's Class C products during the reporting period was 4.36%, and the performance benchmark performance during the same period was 4.21%.

The manager's brief outlook on the macroeconomy, securities market and industry trends

Looking forward to the second half of the year, with the decline in overseas demand, commodity prices are declining, overseas inflation is expected to peak in stages, and overseas interest rates are about to be raised with a relatively large magnitude. It is a big period; factors such as domestic real estate shutdowns and repeated epidemics have led to weakening demand, and there is still pressure to maintain stable growth in the second half of the year. Liquidity is expected to remain neutral.