Great Wall Brand Optimization Stock Securities Investment Fund (hereinafter referred to as Great Wall Brand Optimization) is a stock-based open-end fund to be issued by Great Wall Fund, aiming to fully tap the excess return ability of listed companies with brand advantages and brand potential. We believe that the optimization of the Great Wall brand deserves investors' attention:
Great Wall Brand Optimization Fund is the first fund focusing on investing in brand enterprises in China. With the continuous improvement of people's living standards and the increasingly serious phenomenon of product homogeneity, consumers' brand awareness will continue to increase, brands will become an important basis for consumers to choose goods, and enterprises with brand advantages will also stand out in the fierce competitive market and obtain faster development.
With the continuous integration of China's economy into the world economic system, the competition among enterprises has been upgraded to the competition of independent brands. Under the market environment that China's economy will maintain a high-speed and stable growth of more than 8% for a long time, a large number of listed companies are expected to develop into brand companies with core competitiveness, which will provide excellent soil for the stock selection of Great Wall brand.
The practice of economic development at home and abroad proves that brand enterprises have more growth, and their growth rate is generally 1-2 times of the economic growth rate. Enterprises with brand advantages will provide a good foundation for the Great Wall brand optimization fund to obtain higher returns.
With the rapid growth of China's economy and the acceleration of system transition and marketization, more enterprises are facing high growth opportunities due to market prospects such as industrial upgrading, diversified consumption and accelerated urbanization. Investing in growth stocks is expected to better share the fruits of China's economic development: on the one hand, high-growth companies will be given higher valuation premium and imagination space because of their growth; On the other hand, growth companies also benefit from their own growth and quickly become the industry leader, thus giving investors more confidence.
From the historical data, there are obvious differences between growth stocks and value stocks, and their performance is dynamic under different market conditions. Growth stocks usually perform more prominently in the rising stage of the stock market, while value stocks perform relatively well in the volatile market, showing significant advantages in avoiding market risks. In this bull market, the Great Wall brand that invests in growth stocks is expected to better share the benefits of the bull market.
In recent years, Great Wall Fund Company, with its excellent management ability and outstanding management performance, has been bringing absolute returns to investors that exceed the average level of its peers. In 2006, the overall performance of partial stock funds under Great Wall was 1 18.78%, which exceeded the fund benchmark by 35.03 percentage points and ranked 14 among 49 fund companies. Among them, the performance of closed-end funds is particularly prominent. In 2006, the overall net growth rate of closed-end funds was 126.07%, ranking first among 17 companies with closed-end funds.
The proposed fund manager of Great Wall's preferred brand is Yang, who has managed funds such as Taihe (2.5 10, 0.00, 0.00%), Penghua Growth and Great Wall Jiuheng, and is now the manager of Great Wall Return Fund. With good investment management ability and stable operation style, the funds managed by Yang show good resilience and excellent returns after risk adjustment. We believe that Yang, who has experienced the double baptism of bull and bear market, outstanding investment ability and steady investment style, is a trustworthy fund manager for investors.
Fund Name: Great Wall Brand Preferred Stock Securities Investment Fund
Fund type: stock fund
Fund manager: Great Wall Fund Management Co., Ltd
Fund custodian: China Construction Bank.
investment objective
Fully tap the investment opportunities generated by the sustained growth of listed companies with brand advantages and pursue the long-term appreciation of fund assets.
Investment scope
Asset allocation of the Fund's portfolio: 60%-95% of stock assets, 0%-3% of warrant investment and 0%-35% of bonds. The Fund maintains cash of not less than 5% of the net asset value of the Fund or government bonds with maturity within one year.
Risk return characteristics
The fund is a growth stock fund, which mainly invests in listed companies with brand advantages with excess profitability. The risk is higher than that of hybrid funds, bond funds and money market funds, but lower than that of active growth stock funds, which is a high-risk securities investment fund product.
Performance comparison benchmark
Performance benchmark: 75%× CITIC S&P 300 index yield +25%× interbank deposit rate.
Product highlights
China's economy is booming and its brand is growing rapidly.
In the future, China's economy will maintain steady growth for a long time, and a large number of listed companies are expected to develop into brand companies with core competitiveness; The practice of economic development at home and abroad proves that brand enterprises have more growth.
Investing in brand enterprises to share excess returns
Brand enterprises have high market share, high popularity and reputation, strong pricing ability and unique advantages in the competition. Investing in brand enterprises can obtain stable income brought by brand premium.
Brand upgrading and development is the general trend.
With the rapid development of China's economy, people's living standards are constantly improving, and the consumption concept and level are also constantly improving. Brands will follow the pace of consumers and the development of the market, and constantly innovate and upgrade. Brand upgrading is the general trend of China enterprises.
What is the approximate rate of return?