Official website showed that the American asset management giant, the European Asia-Pacific Growth Fund, an American fund under the Group, held 71617,000 shares in Kweichow Moutai, 450,000 shares less than the 761kloc-0/8,000 shares at the end of the third quarter. It is reported that the fund is currently the fund with the largest number of shares in Kweichow Moutai in the world. The market value of the Fund is US$ 265,438+89 million, equivalent to 1, 465,438+95 million RMB.
The net value of the fund is $70.43, and the scale is192.57 billion, which is nearly10.25 trillion RMB. Last year, the rate of return was 2 1.7%, the annualized rate of return in the last five years was 12.35%, and the annualized rate of return in the last 10 was 8.04%, far exceeding the rate of return of all MSCI countries (except the United States) in the same period. Coincidentally, as a staunch value investor and an advocate of Maotai, Shan Bin also issued a Weibo statement today: The doctor advised me not to drink! Looks like I can't drink anymore.
We must understand that Kweichow Moutai has actually experienced several rounds of rapid rise before, and its current share price is still relatively high. Therefore, in such a high position, the risk of Maotai is actually relatively large. As long as friends who are familiar with the whole capital market will know, when the stock price of a stock continues to rise on a large scale, it is uncertain whether such a rise can actually last for a long time for any stock. Therefore, the higher the rise, the greater the possibility of decline, the higher the probability of callback, and so is Maotai. Before Maotai, even though we had such a big increase from a technical point of view, the current downward callback was a very normal phenomenon.