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.
4. Huaan Manulife (stock type)
We can pay attention to this new fund from the following aspects. First, this new fund is the first standard equity fund issued by Huaan, which indicates that Huaan has developed the product line of its funds to the highest risk-return ratio at present. When the stock market is optimistic, investors have another investment option that can get higher returns. This new foundation tries its best to maintain a high stock investment position when market conditions permit, so as to obtain the original design intention of high returns under high-risk conditions. Second, the fund mainly invests in large-cap value stocks and large-cap dividend stocks in stock selection, and makes appropriate concentrated investments in these high-quality stocks. At the same time, according to the risk-return characteristics of individual stocks in the stock market and their relationship, the proportion of various stocks is dynamically adjusted. Thirdly, Shang Zhimin, the fund manager of Huaan Manulife, is a fund manager with high investment management level. His performance in the past three years shows that he has high stock investment management ability. Huaan Fund Management Co., Ltd. is one of the top ten fund management companies with high reputation in the domestic market, with many types of funds. In recent years, the ranking of fund companies has remained at the upper-middle level.
5. Cathay Pacific Jin Peng blue chip (configuration type)
Cathay Pacific Jin Peng Blue Chip is an allocation fund, which adheres to and deepens the concept of value investment and believes that the price will eventually reflect the value. The innovation of the fund is mainly manifested in the adoption of "core-satellite investment strategy" in stock assets investment. The so-called "core" refers to the constituent stocks and alternative constituent stocks that are included in the FTSE Xinhua Blue Chip Value 100 Index as the stock selection pool. There are no listed companies with negative net assets in the FTSE Xinhua Blue Chip Value 100 Index. Cathay Pacific Jin Peng Blue Chip adopts enhanced index tracking technology, selects a certain number of stocks from the core stock selection pool, and makes investments in the form of sampling and copying. The investment performance of core stocks is linked to the performance of Xinhua FTSE Blue Chip Value 100 Index within a certain range, that is, the return rate of core stocks basically tracks the return rate of Xinhua FTSE Blue Chip Value 100 Index. The so-called "satellite" refers to the selection of stocks with strong expected growth, which can transform their growth into actual income, and complement the core stock portfolio. It is expected that the satellite stock portfolio can increase the excess income and reduce the portfolio risk for the whole fund. Mr. Feng, the fund manager, has 1 1 years of experience in securities industry. At present, he manages Guotai Golden Eagle Growth Fund, which is a stock fund with active investment style and its performance is in the upper-middle position among similar funds. Cathay pacific fund Management Company is one of the top ten well-known fund management companies in the domestic market, and also one of the top ten fund management companies selected by Zhanheng in the first half of 2006.
6. Harvest Theme Selection (Configuration Type)
Harvest Theme Fund is a hybrid fund with full flexibility in management. Under normal circumstances, it can be expected that this kind of asset allocation fund will fully gain income in the market rising stage and have good resilience in the market adjustment stage. In its investment philosophy, it has been clearly stated that it will adopt the theme investment method to explore and invest in listed companies that collectively represent the development trend of the whole market stage through forward-looking research and analysis of institutional, structural or cyclical development trends or development momentum in the macro economy. Wang Guiwen, fund manager of Harvest Theme Fund, 1 1 year securities experience. Joined harvest fund Management Co., Ltd. in 2005. His experience as an investment manager in a fund company in Canada made him familiar with the mature foreign securities markets such as the United States and Canada, and his experience in the Macroeconomic Research Institute of the State Planning Commission gave him a profound understanding of China's macroeconomic development, which will have a great positive impact on the future performance of the fund. The fund was issued on July 2 1, which attracted wide attention due to its heavy holding of the controversial stock of Air China. China Air China's listing was broken in September 15, which really brought a lot of benefits to Harvest theme selection, and also reflected the unique investment ideas of the fund to some extent.
7. China's steady growth (configuration type)
Huaxia Steady Growth Fund is the first closed-end fund-the transformation product of Fund Xingye, but it is a brand-new fund product in terms of investment strategy, investment concept and sales method. According to the prospectus of China's steady growth, the fund adopts TIPP portfolio insurance strategy for risk budget management, which is a relatively stable investment strategy. China's steady growth is managed by dual fund managers, all of whom are industry researchers and then invest, and have experience in managing closed-end funds. Mr. Zhang Long has 10 years experience in securities industry, and has worked in the research departments of several fund companies. 200 1 and 12 joined Huaxia fund. Mr. Zhang Yichi joined Huaxia Fund in September 2002.
Huaxia Fund is one of the earliest fund management companies in China, and its asset scale and comprehensive strength have always maintained the leading level of the top three in the industry for many years. In terms of investment performance, Huaxia Fund ranked first in the whole industry in 200 1 and 2002. Also in the first echelon in 2003. Since 2006, Huaxia Fund as a whole has achieved excellent investment performance again. As of July 7th, the annual net growth rate of China Market Select Fund was 10 1%, and the net growth rate of all its active equity funds ranked in the top three, and the net growth rate of all hybrid open-end funds exceeded 70%. Generally speaking, the company can provide very good conditions and environment for the operation of the fund, and it is a good platform. Huaxia Steady Growth Fund is a hybrid fund with flexible asset allocation. From the choice of investment strategy, the fund will not only have the stability similar to the capital preservation fund in the future, but also have the opportunity to strive for more capital appreciation. Based on this, we believe that investors with low risk tolerance can focus on buying and enhance the stability of assets.
8. Investing in capital and increasing profits (bond type)
In the future, the investment promotion of Aberdeen will be a fund with the bond market as the main investment target, and no more than 20% of the fund assets can be invested in the primary and secondary stock markets. Judging from the current market situation, there are two main types of bond funds in the market, one is the traditional bond fund, the other is the short-term bond fund, and the latter is the mainstream of bond fund development. However, the scale of several traditional bond funds is shrinking day by day, which is close to the edge of liquidation. The main reason for this phenomenon is that such funds often involve certain stock investment, thus amplifying the risk of products and affecting the stability of income. The development of existing debt-biased funds in the market is not very smooth. It really takes some courage for China Merchants Fund Management Company to issue this fund against the trend when the weather (the development of bond funds and debt-biased funds) and geographical location (the investment management ability of its own fixed-income products) are not very good.