However, some netizens still believe that she just took over as a former fund manager and did nothing. The net value of fund products has fallen sharply, and she should not bear the responsibility.
In fact, after 90, the fund manager unexpectedly "out of the circle", which is not as good as his predecessor. The recent record withdrawal of fund products has caused many star fund products to fall off the altar.
At the same time, a number of fund companies have also sent letters to investors to appease investors' emotions and appeal to investors not to be overly pessimistic about market fluctuations.
After 90, the fund manager became famous after losing money.
Recently, many baotuan funds plummeted, and the short-term decline of Agricultural Bank of China Huili Innovative Medical Hybrid (008293) and Agricultural Bank Huili Medical (0009 13) reached 20%, which triggered the dream of fund managers after 1990s to "lose money and become famous".
After 90, the fund manager dreamed, according to official website
Agricultural Bank of China Huili Health Care Theme Stock was established on February 20 10 15. By the end of the fourth quarter of 2020, the product scale will be about 3 1 100 million yuan. Another innovative medical portfolio of ABC Huili is basically the same, with a product management scale of 654.38+0.6 billion yuan. The net value of two fund products has fallen sharply in the past 10 trading days.
On February 24 this year, Meng Yuan began to take over the management of the fund. As of March 9, Mengyuan Management only had 10 trading days, and the two funds fell by more than 20%.
Trend of Huili Medical Fund of Agricultural Bank of China
Soon, "the post-90s beauty fund manager took office 10 days and lost 20%" caused a hot discussion on the Internet, which also caused some doubts: as a newcomer to the post-90s fund, is it appropriate to take over the management of the old fund and manage billions of funds without even experiencing a decent round of bulls and bears? Is it really responsible for investors?
In this regard, Red Star Asset Management Bureau called Agricultural Bank Huili Fund Management Co., Ltd. on March 1 1, but did not get a response. However, what should I do if I fall into an account I don't want to see? "Caused a heated discussion in the market.
The article said: "A mother-in-law in Beijing bought a fund of 47,000 yuan in 2003, and her assets have risen to 6,543,800 yuan+0,370 yuan in 2020 1 month!" The article suggests that investors give up short-term market speculation, and investment is the long-term right thing.
As a result, this article caused the netizens to vomit, such as "fooling leeks and continuing to fly knives" and "What are you talking about when you lose like that?" "At this rate, 47,000 yuan will become 4,700 yuan." ...
According to the personal data of Meng Yuan, the fund manager of Agricultural Bank of China, she graduated from Peking University with a bachelor's degree and a master's degree from the University of Reading in the UK. He has 6 years of experience in securities industry, and has been a researcher of Bank of China Fund and an assistant to the manager of Agricultural Bank of China Huili Fund since February 24, 20021.
Personal information of post-90s fund manager Meng Yuan, according to official website.
From the investment philosophy of the fund manager Mengyuan, we will continue to be optimistic about medical innovation, and then insist on buying leading stocks in the industry. In his letter to investors on February 8, Meng Yuan emphasized: "We should focus on one core, that is, insist on investing in the field of pharmaceutical innovation and those most competitive companies in the future."
What stock did she buy?
The two fund products managed by Meng Yuan, the beauty fund manager, fell so badly. What stocks did they buy, which led to such a serious plunge? This has also attracted the attention of the market.
Red Star Asset Management inquired about the positions of two funds, and the top ten awkward stocks were highly coincident. Mainly includes: Beida Pharmaceutical (300558. SZ), Mindray Medical (300760. SZ), Medical Stone Technology (300725. SZ), Aier Ophthalmology (3000 15. SZ), Antu Bio (603658. SH) and Kanglong Huacheng (300).
Top Ten Awkwardness Stocks "Bao Tuan" High-priced Pharmaceutical Stocks
Judging from the positions of the two medical health funds, they basically participated in the "Bao Tuan" high-quality medical white horse stocks. A major feature of these stocks is that they are all high-priced pharmaceutical stocks, such as Mindray Medical 372 yuan, Tongce Medical 240 yuan, Nanwei Medical 179 yuan, Wuxi PharmaTech 140 yuan. These high-priced pharmaceutical stocks happened to be the biggest adjustment after the Spring Festival.
In fact, a large number of medical and health fund products are "embracing each other", such as Guangfa Medical and Health Stock Fund (00485 1), Bosera Medical and Health Industry Hybrid (050026), E Fund Medical and Health Industry Hybrid (1kloc-0/0023) and China-EU Medical and Health Industry Hybrid (003095).
It can be seen that the net value of two medical and health funds of Agricultural Bank of China Huili fell, and Meng Yuan was not alone in this experience. What's more, shortly after she took office, the fund positions were left by the former fund manager, and netizens also supported it accordingly: this pot should not be carried by her!
Before Meng Yuan took over the management of these two funds, they were managed by the famous fund manager Zhao Wei.
Zhaowei has served as an assistant researcher in the pharmaceutical chemistry department of GlaxoSmithKline (Shanghai) Pharmaceutical R&D Co., Ltd., a medical researcher in the investment self-operated department of GF Securities, the head of the pharmaceutical group in the research department of China Merchants Fund, and an assistant fund manager in the international business department of China Merchants Fund. 2065438+Since June 2007, he has been the manager of agricultural bank Huili medical care fund, and the best fund return during his tenure is 190.69%.
Zhaowei himself has been engaged in the pharmaceutical industry and has been engaged in the research of the pharmaceutical industry for a long time. He prefers fundamental trading, tolerates the valuation of individual stocks and firmly believes that good companies have good prices. "He is not afraid of floating clouds and only lives at the highest level", which is also his unique investment style.
The star fund manager fell more than her.
After 90, the fund manager Meng Yuan 10 unexpectedly fell by 20%, but the Red Star Asset Management Bureau found that she was not as good as her predecessors. The recent record withdrawal of fund products has caused many star fund products to fall off the altar.
E Fund's Blue Chip Select Mix (005827) managed by Zhang Kun, the "first brother of public offering", recently saw its lowest net worth retreat by 22.48% compared with the previous high point due to heavy liquor and Internet stocks, which is also the biggest retreat since the establishment of E Fund's Blue Chip Select.
Penghua Ingenuity Selection Mix (009570) managed by star fund manager Wang is also a heavy liquor and Internet stock. Compared with the previous high point, the A and C shares of the fund retreated by 22.72% and 22.77% respectively, which is also the biggest retreat since the establishment of the product.
On the other hand, Guangfa Twin-engine Upgrade Hybrid A(0059 1 1) managed by public offering champion Liu on 20 19, although he didn't buy liquor stocks, he invested heavily in several photovoltaic and new energy stocks, and the recent minimum net value retreated by 23.95% from the previous high point, which is also the largest retracement record since its establishment. However, since its establishment, the performance of the fund still exceeds 170%, and the return is still considerable.
In addition, Jing Shun Great Wall Dingyi Mix (162605) managed by 80 billion fund manager Liu Yanchun, E Fund Research Selection (008286) managed by fund manager Feng Bo who broke the public offering record, and Rich Country Growth Strategy (009892) managed by star fund manager Yan Xu also created historical retracement records.
"Due to the sharp adjustment of the A-share market after the Spring Festival, the net value of many funds has been sharply adjusted recently, including funds managed by star fund managers." A senior analyst of a brokerage firm told the Red Star Asset Management Bureau that a newcomer like Meng Yuan had just taken over two funds, and even if he wanted to change positions, it was difficult to complete the operation quickly.
"In all fairness, the sharp decline in the net value of fund products should not be counted on her head, but should be counted on the former fund manager." The analyst said.
With the remarkable rebound of 10 and 1 1 in March, according to the net value of 1 1 in March, the decline of Mongolian dollar has been reduced to about 15%.
In the face of the sharp withdrawal of the fund's net value, many investors are flustered and even intend to redeem it. Many fund companies can't sit still, and some fund managers directly become "psychological masseurs" to appease investors' fragile hearts.
Tian Hong Fund issued a document saying: "Friends who make time belong to rational optimists in the future!"
Ping An Fund issued a letter to investors: "More confidence, more patience, and work together to win the investment marathon."
Jing Shun Great Wall Fund issued a document saying: "The current market is not as bad as expected, and there is no need to be overly pessimistic about market fluctuations."
Alipay financial think tank also called for: "Believe in the power of professionalism!" It is hoped that investors will give excellent fund managers more time to operate professionally and exchange time for investment appreciation.
In addition, China Merchants Fund, Haifutong Fund, Cinda Aussie Fund, etc. A letter has been sent to investors, explaining the reasons for the recent sharp fluctuations in the market, calming investors' emotions and telling them how to deal with the adjustment.
Editor Ren Zhijiang Editor Chen
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