Financial World Fund January 22nd News Huitianfu China High-end Manufacturing Stock Securities Investment Fund (abbreviated as: Huitianfu High-end Manufacturing Stock, code 001725) announced its latest net value, down 1.56%. The unit net value of this fund is 1.45 yuan, and the cumulative net value of is 1.45 yuan.
Huitianfu China High-end Manufacturing Stock Securities Investment Fund was established on 2017-03-20, and its performance benchmark is "Shenyin Wanguo Manufacturing Index *80.00% + China Bond-Comprehensive Index *20.00%". Since its establishment, the fund has a return of 45.00%, the return of -0.48% this year, the return of 1.12% in the past month, the return of 26.42% in the past year, and the return of - in the past three years. In the past year, this fund has ranked the same category (555/689). Since its establishment, this fund has ranked the same category (225/827).
Financial World Fund Fixed Investment Ranking Data shows that the return of fixed investment in the fund in the past year was 8.59%, the return of fixed investment in the past two years was 10.75%, the return of fixed investment in the past three years was -, and the return of fixed investment in the past five years was -. (Click here to view the fixed investment ranking)
fund manager is Zhao Pengfei, who has managed the fund on March 20, 2017, and has earned 45.00% during his term of office.
latest regular report shows that the top ten heavily held stocks of the fund are Kweichow Moutai ( holding proportion 9.84%), Meinian Health (holding 8.13%), China Merchants Bank (holding 7.43%), China Shenhua (holding 6.95%), Zhongju Hi-Tech (holding 6.87%), Hengrui Medicine (holding 6.71%), Ningbo Bank (holding 6.16%), Midea Group (holding 4.17%), Tonghua Dongbao (holding 4.08%), Antarctic E-commerce (holding 4.01% share) ), accounting for 64.35% of the total assets of the capital, and the overall concentration of holdings (high).
During the previous reporting period of the latest reporting period, the top ten heavily held stocks of the fund were China Merchants Bank (holding ratio of 9.60%), Kweichow Moutai (holding ratio of 8.51%), Zhongju Hi-Tech (holding ratio of 6.02%), China Shenhua (holding ratio of 5.87%), Tongkun Shares (holding ratio of 5.03%), Antarctic E-commerce (holding ratio of 4.94%), Meinian Health (holding ratio of 4.83%), Hengrui Medicine (holding ratio of 4.77%), Ping An of China (holding ratio of 4.49%), and Yili Shares (holding ratio of 3.39%), totaling 57.45% of the total assets of the funds, and the overall concentration of holdings (high).
Fund investment strategy and operation analysis during the reporting period
A-share market remained strong in the fourth quarter, and the index rose across the board. In the fourth quarter, the Shanghai Composite Index rose 5.71%, the Shanghai and Shenzhen 300 rose 7.39%, the SME Index rose 10.59%, and the ChiNext Index rose 10.48%. In terms of industry, construction and building materials, electronics, home appliances, and media have increased significantly, all of which exceed 12%, while commerce, communications, military industry and mining have increased poorly. Growth industries such as electronics and computers maintained their previous strength in the fourth quarter, while cyclical stocks such as building materials performed well based on the expected economic recovery. Fundamentals in the fourth quarter were relatively stable. As economic data recovered, investors' concerns about the macro economy declined, long-term holdings increased, and the market performance was very active.
??The total position of this fund during the reporting period did not change much, so the holding portfolio was moderately adjusted. We have increased the allocation of growth stocks, reduced the allocation of finance and medicine, increased the holdings of food and beverage, real estate and home appliances, and further diversified the combination. Our holdings are mainly based on the varieties that can grow steadily in the three-year dimension. They have little participation in the market's medium-term trend market, and their performance in the fourth quarter lags behind the market. In the future, we will focus more on stock selection and reduce our judgment on the market.
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As of the end of this reporting period, the net value of fund shares of this was 1.457 yuan; the net value growth rate of fund shares of this reporting period was 4.15%, and the benchmark yield of performance was 6.74%.
