On August 23rd, the three-year issue of the Guangfa industry that Guangfa Fund Liu intends to manage began. Zheng learned from channel sources that the single-day subscription amount of the fund exceeded 654.38+0 billion yuan, making it a rare 10 billion-level explosion fund recently.
One-day subscription10 billion
Recently, the A-share market has continued to fluctuate and adjust, and the issuance of new funds has also cooled down. Wind statistics show that from July to August 23rd, among the newly established funds, 1 1 only issued more than 6 billion yuan, and the largest one was less than 9 billion yuan.
However, the new products of "Top Flow" fund managers are still sought after by investors. On August 23rd, the Guangfa Industry Plan, with Liu as the fund manager and managed by Minsheng Bank, was launched for three years. According to the announcement of fund share offering, the upper limit of the initial fundraising scale of the Fund is 654.38+0.5 billion yuan.
Zheng learned from channel sources that the subscription of the fund had exceeded 7 billion yuan that morning, and the subscription exceeded 14 yuan.
Liu is currently the joint investment director, senior managing director and general manager of Growth Investment Department of Guangfa Fund. In 20 19, he managed the double-clearing upgrade of Guangfa A, the innovation upgrade of Guangfa and the diversified emerging of Guangfa with 12 1.69%,1/0.37% and 106.58% respectively.
Liu Geyu is also one of the largest fund managers in the whole market. By the end of the first half of the year, the scale of Public Offering of Fund under its management exceeded 75 billion yuan, ranking fourth among active stock fund management companies. If YEATION, an emerging industry of Guangfa, is held for three years, Liu's management scale will exceed 90 billion yuan, ranking third only after Yeation and Yeation.
Now is a good time to lay out equity assets.
Liu said that in the medium and long term, now is a good time to lay out equity assets. There are pressures such as valuation adjustment and liquidity in the short-term market, and these factors may change greatly in the fourth quarter.
He believes that the high probability of A shares is structural differentiation: some assets with relatively high prosperity and good cost performance are expected to have structural opportunities, but some assets with lower-than-expected profits and more overdraft growth in the past may fluctuate. The third and fourth quarters may be a good time to choose assets for next year. Many companies can see the trend of the whole year after the third quarterly report comes out, and their judgments on industrial trends will be clearer. This stage may usher in a better configuration opportunity.
This article comes from china securities journal.