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Should Penghua Liquor Index Fund A continue to be held?
I think we can keep it. We know that there are only two liquor index funds in the market, one is China Merchants CSI Liquor Index Fund, and the other is Penghua Liquor Index Fund. Penghua liquor was chosen mainly because the liquor faucet in its position was relatively more balanced and fluctuated relatively little. In the latest round of adjustment, the overall performance is still good. Individual stocks fluctuate in real time. Although the fund has a net value after closing every day, the valuation before closing actually fluctuates in real time. Therefore, if the fund is held for a long time, it depends on the long-term trend and direction, not the short-term or even a day or two fluctuations. We should try to avoid the influence of short-term fluctuations on us.