1, invest in Morgan Growth Pioneer (stock type)
The growth pioneer of Shangtou Morgan is the fifth fund product of Shangtou Morgan Fund Co., Ltd., which is a high-risk and high-yield stock product. It mainly invests in stocks that show the best growth characteristics in the domestic market. The overall performance of SITC Investment Morgan Fund Company's funds is good, and the performance rankings of the other three equity funds and allocation funds are in the forefront of the same type of funds. According to the rating results of DBS, SITC Morgan ranked first among the 10 fund companies with the best comprehensive performance in the first half of the year. Mr. Tang Jian, the fund manager, has rich working experience and is currently the deputy director of the research department of SITC Morgan. As can be seen from the comparison chart of expected return and risk level below, the growth pioneer of Shangtou Morgan is the most active of the five funds of Shangtou Morgan, with high risk level and expected return level. This type of fund is suitable for investors with high expected returns and strong risk tolerance.
2. Balanced growth of Huitianfu (stock type)
The balanced growth of Huitianfu is also an equity fund, which belongs to a high-risk variety. This fund named "Balanced Growth" mainly reflects its "balanced" meaning in the actual operation of industry investment from the product design, and pursues the moderate balanced allocation of four industries, thus effectively reducing the investment risk brought by the concentration of assets in a single industry. This fund divides industries into four categories: growth, stability, cycle and energy. Among them, growth companies refer to companies that are in the introduction period or initial stage of the industry development cycle and have great profit growth potential; Cyclical companies are more affected by the economic cycle than ordinary companies; A stable company refers to a company whose industry is less affected by the economic cycle than the general industry and whose income and profit are stable; Energy companies provide basic energy for the national economy, including oil, natural gas, coal, etc., which will be affected by the economic cycle, but more by the relative price of energy. In the specific investment operation, Huitianfu Balanced Growth Fund will control the proportion of major industries within 2 times of the weight of the four major industries in China stock market, so as to ensure a proper balance in the allocation of major industries. In the actual operation of the fund, the fund manager can determine the specific proportion of the allocation of major industries within the scope of the proportion restrictions of major industries in order to obtain a positive return on the allocation of industries. Fund manager: Peter, current investment director of Huitianfu, 10 years of securities experience; Pang Sa is currently the manager of Huitianfu Advantage Select Fund. The two fund managers have the same characteristics: rich country background and joining Huitianfu Fund Management Company. It is well known that these two fund managers have several good performances of "shine on you is better than blue". Huitianfu's two existing funds, Huitianfu Advantage Selection, have gained a lot in this year's bull market. Although the recent performance ranking is a bit backward, from the long-term statistics, its performance ranking is still in the forefront of the same type of funds. Although Huitianfu has not been established for a long time, it has established a good corporate brand image and demonstrated the company's high stock investment management ability.
3. Nanwen No.2 (stock type)
Southern Steady Growth No.2 is the first replicated fund in China, and the target of replication is Southern Steady Growth Fund. Therefore, the fund is basically consistent with the South Steady Growth Fund in terms of investment objectives, investment scope and investment strategy. The Fund mainly invests in stocks, and the main targets of investment are listed companies with excellent performance and steady growth and listed companies with great growth potential. In terms of investment strategy, the Fund mainly divides listed companies into value stocks and growth stocks according to their profitability and growth potential, and constructs investment portfolios respectively according to this feature. The value stocks favored by the fund mainly refer to listed companies with excellent performance and sustained and steady growth, which are screened through the economic value-added index system representing the true value of shareholders; The growth stocks favored by the fund are the stocks in which the leading products or services of listed companies have obvious advantages in market competition and their operating performance grows rapidly. By investing in two different stocks, we can achieve the matching of income and risk and the balance of value and growth.
It is worth noting that although the relevant industry laws and regulations have cancelled the mandatory requirement for funds to invest in treasury bonds, the South Steady Growth No.2 Fund still stipulates that the proportion of funds investing in treasury bonds should not be less than 20% of the fund's net asset value. We believe that a considerable proportion of bond asset allocation will help the fund control the overall risk and maintain a stable investment style, which is a variety with moderate risk and return. Judging from the performance since its establishment, the performance of the Southern Steady Growth Fund is just as its name implies. The income and risk of three, two and one years are in the middle of similar comparable funds, which is very stable. From this, we predict that after a period of normal operation, South Steady Growth II will become a stock fund with stable performance and moderate risk. Investors should be reminded that although the future performance of the two funds is expected to be very similar, changes in the objective environment and fund managers in the short term may cause certain uncertainty in the operation of the new fund.