Fund managers have good profitability; Poor ability to resist risks; The income and risk are well controlled, and the investment management ability is above average. The ability of stock selection and timing is relatively lacking. The fund scale is 58 1.3 billion, which is difficult to manage.

: Guotai Smart Car Performance Online

Under the background of "double carbon", ESG investment is surging. In recent years, Public Offering of Fund Company has successively launched a series of pan-ESG products and ESG theme funds on low carbon, environmental protection, social responsibility, green, corporate governance and other related topics.

Cathay pacific fund has a long history in ESG investment. According to incomplete statistics, the company has MSCIESG ETF, photovoltaic 50ETF, new material 50ETF, carbon neutral 50ETF, Cathay Smart Car and other related products.

Cathay pacific fund's layout of ESG funds did not stop there. The reporter of Investment Times learned that after the China Asset Management Association issued the Green Investment Guideline, the company conducted an in-depth study on it and incorporated it into the product development plan. At present, cathay pacific fund Product Department is communicating with index companies on the development of ESG-related index products. The company's active quantitative investment department is also developing a quantitative stock selection model, which incorporates green investment-related indicators into stock selection parameters.

While the product line is orderly and perfect, the performance of cathay pacific fund's ESG Fund is also brilliant. Guotai Smart Car, as the latest and largest product in the company's ESG fund, has made great achievements. According to the third quarterly report of this fund, as of September 30 this year, the rate of return of the fund A share in the last three years, the last five years and since its establishment were 168. 12%,12.24% and127./kloc-respectively.

Cathay pacific fund said that Cathay Pacific's investment in smart cars mainly focuses on energy conservation, intelligence and electronicization in the automotive field, and focuses on enterprises that have a positive impact on the process of "carbon neutrality" and climate change in investment decisions.

For the selection of heavy stocks, Cathay Smart Car has studied the variety screening process of mainstream ESG rating systems at home and abroad, formulated detailed ESG screening processes and methods, investigated the social responsibility performance of the invested enterprises from three aspects of environment, society and corporate governance, and refined the screening criteria layer by layer, taking the performance of the company's social responsibility as an important indicator and an important communication matter in investment decision-making, giving priority to investing in enterprises with standardized corporate governance processes and healthy business models. No investment will be made in business models with big loopholes in social responsibility performance. The loopholes here include, but are not limited to, affecting the ecological environment, harming consumers' interests, unfair competition and infringing on employees' rights and interests.

In the due diligence of the invested company, cathay pacific fund regards the performance of corporate social responsibility as an important indicator and communication item in investment decision-making, focusing on the performance of corporate social responsibility of the invested company from three aspects: environment (climate change, natural resources, pollution and waste, environment-related development opportunities), society (human capital, product responsibility, conflicts with stakeholders, development opportunities related to social responsibility) and corporate governance (corporate governance, corporate behavior).

Specifically, Guotai Smart Car will rate the invested enterprises with 65,438+08 key indicators, including carbon emission improvement, pressure on environmental resources, labor management, product safety, ownership structure and business behavior, in nine themes, including climate change, natural resources, human capital, product liability and corporate governance.

The reporter of Investment Times noted that Wang Yang, the fund manager of Guotai Smart Car, has 1 1 year experience in securities industry. He is one of the active equity fund managers in the industry/KLOC-0.00 billion, and is also one of the earliest fund managers in the market to research and invest in new energy vehicles. He has many years of research and investment accumulation in advanced manufacturing and mid-cycle fields.