It is a consumer hybrid fund and one of the star products of Huaxia Fund. The Fund was established on April 18, 2007. As of June 30th, 20021year, the scale of the fund has reached 425 10 billion yuan, ranking first among similar funds, and its long-term income performance has also been recognized by the market.
As a leading consumer fund, it mainly invests in high-quality leading enterprises in the consumer field, including food and beverage, household appliances, clothing, shoes and hats and other industries, and also covers related sub-industries such as medicine, health care and tourism. The consumption field is an important driving force for China's economic growth, and the trend of consumption structure and consumption upgrading has also brought broad market opportunities for consumer enterprises. Our investment strategy has comparative advantages, and its excellent performance has also been affirmed by the market.
Our fund manager is Li Ruiming, a famous fund manager. Li Ruiming has many years of fund management experience, and won many awards such as "Golden Bull Award" in the fund industry on 20 15. He has in-depth research and extensive understanding of the consumer industry. With its unique investment vision and accurate market judgment, it provides a solid guarantee for the long-term steady growth of the fund.
When constructing the investment portfolio, the strategy of asset allocation is adopted. The proportion of the Fund's investment in stocks and bonds can be dynamically adjusted according to market conditions to achieve a better balance between risks and returns. At the same time, the Fund will also select stocks according to industry trends, enterprise fundamentals and other factors, and strive to tap leading enterprises in the industry in order to obtain long-term stable income.
In the past few years, our performance has been excellent. As of June 30, 20021year, the annualized rate of return of this fund since its establishment is 10.63%, which is much higher than the average level of similar funds. In 2020, when the stock market fluctuated greatly, the fund performed equally well, with an annual return rate of 40.06%, far exceeding the performance of similar funds and market index.
As a hybrid fund, the risks it faces are inevitable. Market risk, industry risk and liquidity risk will all affect the investment performance of the fund. At the same time, the management ability and investment decision of the fund manager will also have an impact on the performance of the fund. Investors need to carefully understand the characteristics and risks of funds when choosing funds, and make choices according to their investment objectives and risk tolerance.
As a consumption-oriented hybrid fund, it has high performance and excellent investment strategy. Under the current trend of consumption upgrading and consumption structure upgrading, the fund is expected to achieve better performance and is a good choice for investors to allocate consumer assets. Investors need to carefully analyze the risks and benefits when choosing a fund, and make a choice according to their investment objectives.