Centralized subscription time: June 27th to June 24th, 2007.
Subscription scale: During the centralized subscription period of the Fund, the upper limit of subscription scale will be implemented. The effective subscription amount finally confirmed by the Fund during the centralized subscription period will make the total assets of the Fund not exceed 654.38+0.5 billion yuan.
Investment objective: Grasp the trend of economic development and the characteristics of market operation, take the evaluation of industry investment value as the guide, make full use of the phenomenon of industry cycle rotation, tap the investment opportunities at different stages of economic development and market operation, select high-quality stocks of advantageous industries for investment, and realize the continuous appreciation of fund assets.
comprehensive analysis
Company background analysis: Huaxia Fund Management Co., Ltd. belongs to one of the old 10 fund management companies. The company has established a relatively complete fund product line and is one of the largest fund management companies with the largest number, the most complete variety and the largest total scale in China.
Since 2007, both closed-end funds and open-end funds; Huaxia fund management company has made good achievements in both active investment style funds and passive style funds. As of 165438+1October16, the net growth rate of closed-end fund Xinghua has reached 10/0.32% since its establishment, making it the first fund with a return of10 in China fund market. Among the open-end equity funds, Huaxia Market Selection ranks first in the income of this kind of funds since 2007 with 188.94%; Among the partial-share funds, Huaxia dividend ranks first since 2007 with 154.5438+0%; Among the balanced funds, Huaxia's steady growth ranks first in income since 2007 with 145. 18%.
Product analysis: Huaxia Industry Selection is transformed from Xing 'an Securities Investment Fund, and it is the third "closed to open" fund under Huaxia, which deserves investors' attention from the following aspects.
First, choose stock funds to invest, the stock investment management ability of relevant fund management companies and the stock investment performance of relevant funds are particularly worthy of attention. In the process of investing in the domestic stock market, Huaxia has shown good stock selection ability. In addition, Huaxia's first "closed to open" fund, Huaxia, grew steadily. Since 2007, its net growth rate has been 145. 18%, ranking first among similar funds.
Second, fund manager Luo Zeping has a long experience in fund industry, a solid research foundation and rich experience in investment management. Xing 'an, the fund currently managed, has a good overall income and stable performance.
Third, the basic market is in a volatile market. From the investment style, because the index has little potential to hit a new high in the volatile market, the investment value of passive investment style funds is relatively dim, while active investment style funds have the feeling of "outshining others".
In addition, since the current super bull market, among all kinds of funds with active investment management style, equity funds have the best income. In 2006, the average net growth rate of equity funds was121.45438+0%; From 2007 to June 1 16, the average net growth rate reached 1 12.30%, which doubled again. Therefore, the enthusiasm of citizens to subscribe for and buy equity funds is very high. In the future, if investors still have confidence in the long-term trend of the stock market, such funds can be used as one of the good alternatives. Usually, investors buy funds mainly in the rising stage of the market, which is actually a performance of chasing up, which is not necessarily appropriate. From a more rational point of view, it is a good idea to buy funds when the market falls and let fund managers invest for everyone at a relatively low valuation level at an appropriate time.