Specifically, Yin Bao-Zhixiang Bauhinia Blooming Securities Investment Private Equity Fund 16 is a newly established product on March 19 this year. After the establishment of the fund, it experienced the stock market pullback period in April and May, with the largest historical pullback exceeding 9%. As of the close of June 28th, the fund lost 0.80%, and the accumulated net unit value was 0.9920 yuan.
Excluding this newly established fund this year, among the four funds invested by Yin Bao, except Yin Bao Bauhinia, the other three funds all rose less than 8% in the first half of the year. Among them, pomegranate in Yin Bao is the lowest, rising only by 3.79% in the first half of the year, ranking relatively low among similar funds.
According to the data, Yin Bao Pomegranate Red was founded on June 2, 20 16. During 20 16 and 20 17, the net value of the fund is very similar to that of the CSI 300. 20 18 the growth rate of fund net value slowed down in the first half of the year. Since the second half of 20 18, its net value has been significantly adjusted back due to the stock market crash. Surprisingly, in the first half of this year, the trend of the fund was opposite to that of the Shanghai and Shenzhen 300. When the stock market rebounded in the first quarter, the net value of the fund continued its downward trend last year, but it began to pick up in April and May when the stock market pulled back. By the close of June 28th, the accumulated net unit value of pomegranate in Yin Bao was 1.2300 yuan.
The largest historical retracement of pomegranate in Yin Bao now is 2065438+March 8, 2009, and the largest historical retracement is-1 1.4 1%. In terms of interval income, pomegranate in Yin Bao increased by 23.55%,1.04,-13.37%,-1.04% and 4.30% respectively in **3 years, **2 years and * * 6 months. It can be seen that the fund performed well in the early stage, but
The reporter noted that as a representative product invested by Yin Bao, PinpointChinaFund, established in June 2005, accumulated a net unit value of 13.7497 yuan, but its increase in the first half of the year was less than 8%. As of the close of June 28, the fund only rose by 7.57% in the first half of the year, significantly underperforming the gains of the Shanghai Composite Index. The annual growth rates of **3 years, **2 years, ** 1 year and **6 months are 40.63%, 15.37%, -0.26% and 4.6 1% respectively.
The four old products invested by Yin Bao are managed by the founder Wang Qiang. Wang Qiang once worked in China Aerospace Trust and Investment Company, 60 12 165438 (Guotai Junan) Company and Jilin Securities Co., Ltd., and held the positions of asset management and self-investment respectively. 1999, Wang Qiang founded Pinpoint Company, literally translated as pin, which means precise investment, and served as the fund manager of PinpointChinaFund.
20 14, Wang Qiang set up Yin Bao to invest and carry out domestic sunshine private placement business. In the following three years, the scale of domestic fund management invested by Yin Bao expanded rapidly, and it entered the ranks of tens of billions of private placements in 20 17. According to the data, Wang Qiang is currently the investment director and fund manager of Yin Bao Investment.
At the end of April this year, Li Mo, the investment fund manager of Yin Bao, told reporters that in the long run, high-quality companies in the consumer industry with strong competitive advantages such as pricing power will still have good investment prospects in the future. * * For several months in a row, the domestic service industry PMI continued to lead the manufacturing industry. In the future, Yin Bao investment will be more optimistic about investment opportunities in service industry which can better meet individual needs.
In terms of specific industries, Li Mo said that education, hotels, 5G communication services, medical care, personalized clothing and other industries deserve special attention. In the education industry, education and training enterprises with strong replication ability in extracurricular education, vocational education and other fields have great potential for future development. Related policy risks have also been fully released in the stock price. Under the background of the continuous development of domestic tourism, some domestic high-quality hotel brand enterprises will continue to have better investment opportunities.
In addition, Li Mo also said that those consumer enterprises in the big consumer industries that can better meet consumers' personalized needs, consumption upgrading needs and better consumption experience will still have a high probability of obtaining long-term positive financial performance in the future. For the "new retail" that has been rising for two years, Li Mo thinks that most of the new retail models in China are still in the process of trial and error, and the overall effect is not enough. From the perspective of economic benefits, the new retail as a whole has not found an accurate model and path. In this context, Yin Bao investment is generally cautious about relevant investment opportunities.
Although the performance of several products owned by Yin Bao Investment was weak in the first half of this year, in June of this year, 5438+ 10, the newly bought listed company 603777 (from Iraq) performed well. In the first quarter of this year, its share price rose by 2 1. 18%, and continued to rise by 22. 19% in the second quarter. Yin Bao China's new purchase of 600529 (Yam Glass) in the first quarter also rose by 34.73% in the first quarter, and its share price rose by 26.56% in the second quarter.