Because Penghua Innovation fell 18% in the next three quarters, he wrote a letter to spit out the "national fund manager" Wang, which led to his resignation. 202 1, which star fund manager in the market has been spit out the most, and Wang, the "national fund manager" of Penghua Fund, may be one of them. In the fund industry, someone left a message saying, "It's easy to come to this section every day to see those who scold Lao Wang."

I. Matters needing attention in purchasing funds

Usually, fund companies will create a star fund manager, representing the facade of the fund company, and must not fail. These people generally get more resources and information, and they all have priority when opening positions!

Once there are systemic risks in the stock market, the company will protect their safety first. How to protect it? Take the money from other funds to pick up his offer and let them retreat with the least loss! If you buy a new fund, you are probably one of these recipients. The opening of star fund managers will attract followers! Not only attract retail investors to follow suit, but also attract other funds to follow suit! Why do funds love to hold groups? It's simple. Everyone keeps pushing up the stock price, and no one sells it. The books are full of big profits. As soon as retail investors see buying funds to make money, I can continue to issue new funds and earn management fees.

II. Performance of Penghua Innovation Future Fund

Penghua Innovation Future was established at the same time as the Innovation Future Funds of Huaxia, Yifangda, Central Europe and Huitianfu. At the beginning of its establishment, five innovative future funds were listed as the battle funds of Ant Group. However, after the listing of Ant Group, five funds were transformed into ordinary closed-end funds.

We have studied these five funds, and from the perspective of fund manager allocation, they are all star fund managers of the company. For example, Lao Jienan of Huitianfu, Zhou Keping of E Fund, Wang of Penghua Fund and Zhou Yingbo of China Europe Fund.

However, we have counted the performance of the five funds since their establishment, but the increase in performance is quite different. Among them, Penghua Innovation Future Fund managed by Wang performed the worst.