The net value of GF Fund can be found on Tian Tian Fund Network!
Investment philosophy
Growth determines value. With the growth of Guangfa, the growth of the company largely determines the value of its stock. Most large-cap companies in China are in the stage of steady growth or rapid growth, and they will get higher development speed with the rapid development of China's economy, which will bring rich returns to investors.
Investment scope
The growth scope of Guangfa market is financial instruments with good liquidity, including stocks, bonds, warrants issued and listed in China according to law, and other financial instruments allowed by laws and regulations or China Securities Regulatory Commission to invest in the fund. If the future laws, regulations or regulatory agencies allow the Fund to invest in other varieties, the fund manager can include them in the investment scope after performing appropriate procedures.
investment strategy
(A) asset allocation strategy
The investment proportion range of various assets of the Fund The investment philosophy and investment policy of Guangfa Market Growth Fund determine that the allocation proportion of stock assets is 30%-95%, the allocation proportion of bond assets is 0-70%, and the cash or government bonds with maturity within one year are not less than 5% of the fund's net asset value.
If permitted by relevant laws and regulations, the asset allocation ratio of the Fund can be adjusted accordingly, and the investment ratio of stock assets can reach the maximum and minimum limits stipulated by relevant laws and regulations. (B) stock investment strategy
The fund's stock investment strategy is a large market value growth strategy. In terms of stock investment methods, through the "bottom-up" stock analysis process, focusing on growth analysis, we scientifically and comprehensively investigate the fundamentals of large-cap companies and explore investment opportunities.
(III) Bond Investment Strategy In bond investment, we should adhere to the principle of prudent investment and control bond investment risks. Including interest rate forecasting strategy, yield curve simulation, bond asset class allocation and bond analysis.
On the basis of reasonable expected interest rate, the Fund will make steady bond investment and control bond investment risks through long-term management. Especially when the expected interest rate rises, it should be strictly controlled to keep the bond portfolio short and reduce the risk of bond investment.
(IV) Warrant investment strategy Warrant is an auxiliary investment tool of the Fund, and the investment principle is conducive to fund asset appreciation and strengthening fund risk control. According to relevant regulations, the Fund's investment warrants currently follow the following investment ratio restrictions:
1. The total amount of warrants purchased by the Fund on any trading day shall not exceed five thousandths of the net asset value of the Fund on the previous trading day. 2. The market value of all warrants held by the Fund shall not exceed 3% of the net asset value of the Fund.
3. All funds managed by the fund manager hold the same warrant, which does not exceed 10% of the warrant. If laws, regulations or regulatory authorities cancel the above restrictions, they will not be subject to the above restrictions after performing appropriate procedures.