In a long time, some funds have continuously recovered lost ground and reached new heights; Some funds have stumbled, but they have never recovered; More funds have been brilliant for a while, and now they have fallen into the cloud.
Established 10 years or more (inclusive)
As of May 18, there are 555 funds (excluding monetary funds and short-term wealth management) that have been established for more than 10 years, and only 12 is still negative.
The core growth of China Post is a legendary fund.
It is the second product under the China Post Fund, and the subscription amount reached about 60 billion yuan on the first day of issue on August 13, 2007, far exceeding the target of1500 million yuan.
At that time, the subscription amount of China Post's core growth on the first day was second only to the domestic demand power of Shanghai Investment Morgan issued on April 10, 2007 (the first day raised funds reached about 90 billion yuan).
At the same time, it has become the fund with the fastest issuance and the highest single-day subscription after 5.30.
By the end of 2007, the core growth scale of China Post reached 4,865,438+74 billion yuan. In contrast, the current scale of E Fund's consumer industry and China Merchants CSI Liquor is not enough.
Until the first half of 20 15, the core growth scale of China post has been above 10 billion yuan.
In the second half of 20 15, as the market entered the period of leverage adjustment and the fund manager Deng Lixin was found to be a "rat warehouse", the core growth of China Post went downhill.
According to the relevant materials of the trial, from March 2009 to the time before the incident, Sun Mohong and Wang manipulated the stock accounts in Shanghai and Beijing 12, buying and selling the same stock before, during and after the two funds of China Post. In eight years, Deng Lixin earned 55.07 million yuan through the principal of 2 million rat warehouses and the transaction volume of 3.47 billion yuan, with a yield of 26 times.
From 20 16 to 20 19, China post's core growth underperformed its peers for four consecutive years.
With the A-share "bull market" and the upsurge of overseas asset allocation in 2007, the first batch of overseas funds were born and highly sought after by the market. The initial fundraising scale of the four "overseas funds" established between September and June 2007 was around 30 billion yuan, and the selected scale of Huaxia was the highest in the world, reaching 30.049 billion yuan.
Four QDII funds raised about 654.38+02 billion yuan to sail out to sea. However, after more than ten years of overseas travel, the scale of the first batch of QDII funds has dropped to 3-4 billion yuan, and the scale has shrunk by more than 80%.
In terms of income, the income of Southern Global and Huaxia Global has been adjusted back, and Morgan Stanley's Asia-Pacific Advantage Mix and Harvest Overseas China Stock Mix are still struggling.
10, China's prosperity was mixed, and it was worse than the average level of its kind in 7 years.
It stepped on the environmental protection of Raytheon fog, which is new and open source, especially the environmental protection of God fog, and also involved a "fight".
On May 24th, 20 17, Teacher Ye Tan published an article: "SHEN WOO Group: Sorry, Jabs, I realized your dream with your routine!" Among them, it refers to the routine of Shenwu Environmental Protection to achieve performance growth by using related party transactions, and questions that Shenwu Energy Saving 20 16 annual report has abnormal cash return and high gross profit margin.
At 5 o'clock the next morning, Zhu Chunyang, an analyst at China Merchants Securities, wrote: "(God Fog Related) Ye Tan can grandstanding, but I'm sorry, you are provoking me."
At that time, Huaxia Shi Sheng held 524.75 million shares of Shenwu Environmental Protection, accounting for 9.65% of the fund's net value.
Table: Environmental Protection Data of Shenwu Fund in the First Quarter of Huaxia 20 17 (Source: Announcement)
Everyone knows what happened afterwards. Shenwu Environmental Protection was found to have made financial fraud.
At present, the stock price is not even 1 yuan, and the listing will be terminated soon.
I still remember the reply from the relevant investment director of Huaxia Fund at that time, saying that "Huaxia Fund has confidence in all aspects of listed companies under SHEN WOO Group and holds a positive attitude."
The face is too hard.
Established for 5 years (inclusive)-10 year
Cathay Pacific commodities, Prudential commodities, Huabao oil and gas, Nuoan oil and gas,
Troubled by the collapse of international oil prices this year,
I don't recommend Ji Min to buy commodity funds over the counter.
Look closely → Can crude oil bargain-hunting? How to copy the bottom?
E Fund's new normal mix has rebounded since the fund manager was changed on 20 19.
Zhao Kai and Sun Song are jointly managed by two special fund managers, and the management direction is decentralized; Second, the blue-chip market.
The future theme of Chinese businessmen is mixed, and it is managed by Liang Yongqiang, one of the five generals of Chinese businessmen fund.
However, the heavy shares of the military industry have led to the fund being ranked in the countdown list of its kind for many times.
I also specifically said → Before the song is over, people have dispersed.
On the morning of July 20 14 18, Huashang Fund announced that the general manager of the company, Liang Yongqiang, had left for personal reasons.
As one of the famous "Three Musketeers of Chinese Businessmen" in the public offering circle, after Tao Zhuang and Sun Jianbo left home early, Liang Yongqiang finally ushered in a farewell moment.
Unconfirmed rumors in the workshop pointed out that Liang Yongqiang was actually forced to "leave class" under the pressure of shareholders, because after stepping on the wrong military stock market and continuously stepping on default debts, the scale of the company's public offering was seriously reduced.
According to the data, at the end of the fourth quarter of 20 15, the scale of public assets of Chinese business funds was about 62 1. 1 billion, while at the end of the second quarter of 20 18, the scale of public assets was only 23,354,380+billion.
Since Liang Yongqiang left office, the theme of Chinese businessmen's future has changed three times. Now the fund manager is Li Shuangquan, a well-behaved fund manager.
The establishment time is 3 years (inclusive) -5 years.
Changsheng mixed reform of state-owned enterprises, as its name implies, is a theme fund focusing on state-owned enterprise reform.
According to incomplete statistics, there are currently 17 funds with the words "state-owned enterprise reform" on the market, of which 3 are classified funds. In addition, there are 25 funds with the words "state-owned enterprises" and 46 funds with the words "reform", "mixed reform" and "state-owned enterprises". From the time of establishment, 20 15 is the peak of the establishment of such funds.
It happened to be a hot year for the reform of state-owned enterprises, and the reform of Changsheng State-owned enterprises, which was established from 2065438 to June 4, 2005, was undoubtedly launched while it was hot.
However, the state-owned enterprise concept fund established in the same year, Changsheng state-owned enterprise reform is the worst performance.
This is related to high fund positions and poor management.
Not long after the establishment of the fund in June of 20 15, A shares peaked in the early stage, which led to the fund's high position, and then the stock market began to continue its deep correction until A shares temporarily bottomed out in February of 20 16. The deep correction of A shares made this fund suffer heavy losses.
Subsequently, the four fund managers failed to recover the decline, resulting in a negative long-term net worth and a continuous decline in scale.
The current fund managers, Qiao Peitao and Dai Yi, are generally active.
In addition to individual active stock funds, there are a large number of index funds, especially industry index funds.
This is related to the timing of the fund's own issuance and the rotation of the market industry.
At the same time, it reminds us that the passive investment of industry index funds in a certain industry is highly concentrated, and the risk in actual investment is higher than that in Quillo.
Risk warning
The products involved in this article are only personal opinions and do not constitute buying and selling suggestions. The fund is risky and needs to be cautious in investment.