⊙ reporter Ma Quan wins 0 editor Zhang Yiwen with a share market a huge decline, more and more funds into the "break door." The enthusiasm of fund managers to engage in "new" is getting lower, and even the forthcoming Bond fund will clearly point out in the recruitment book that it is no longer involved in the IPO, which is a bit meaningful for bond funds that have "hit new" as a thickening performance. Yesterday's market plunged, 26 only less than 3 months after the new shares fell below par value, and related to this, 181 funds suffered more than 430 million yuan floating losses. Different from the online purchase of the shares listed on the first day of the listing can be sold, the agency under the network to apply for the new shares have a 3-month lock-up period. Therefore, to participate in the IPO system, the first 3 months after the IPO performance directly determines whether the new can get the ideal income. According to the statistics of this newspaper, as of May 17, the listing of less than 3 months has been "break" of the number of new shares have reached 26, and participate in the 26 new shares under the purchase and still locked in a regular fund a total of 181, of which bond funds accounted for the vast majority. Statistics show that the 181 funds to participate in the new stock purchase to bring the floating losses accumulated to 431 million yuan. Among them, the fund that invests Huatai securities is accumulated 295037070 yuan, the fund that invests in the sea is quilt 25337600 yuan, invests the fund of the South All power is quilt of 18389963 Yuan, the fund that invests in Ningbo gqy is quilt 14170575 yuan; ; The accumulated quilt cover of Beijing Lear is 12386813 yuan, etc. In addition to Huatai Securities, the "hedge" fund is the vast majority of gem stock or SME stock. After the IPO of the "break", in fact, early in the organization expected. A joint venture fund manager in Shanghai said, "The quality of new shares is uneven, the issue price is generally expensive, the market once down, break is inevitable." Even if the risk of a new stock break has been fully estimated, it is, after all, a big probability event. Coupled with the market is too weak this year, for the fund, the certainty of investment opportunities are not, it is inevitable that the limited funds used to play new, so as to push up the IPO price. "For bond funds," new "has always been seen as the main means of thickening income. However, as the risk of a unilateral fall in the market has increased, bond funds may have to be cautious about new issues since the market reform of IPOs, even as individual new debt bases consider not to invest in IPOs. Zenggang, a fund manager for the China-rich earnings Enhancement Fund, points out that the smaller bond funds have different ability to confront risk. "For example, a bond fund with a size of only 500 million can use up to 300 million of new money." For the issue of 4 new shares a day, 500 million of funds facing 4 new shares, the difficulty of the operation is also relatively large, such as to ensure that the purchase of new shares, have to raise new shares inquiry. Once the IPO break, the impact on the bond fund is relatively large。 ”
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