Net worth shocks exacerbate short-term enhanced defensive operations

By the market index shocks intensified, this week open-end fund net value also appeared a certain degree of volatility, which index funds because the average position of more than 90%, so the biggest volatility, especially the full warehouse operation of the ETF products, followed by the stock fund. According to our calculation of the position, the stock fund has been on the increase since the beginning of this year, although the recent average position has been reduced, but still reached more than 80%, so the volatility is also more obvious. Only the hybrid fund, because the average position is lower, therefore, the fluctuation of net worth is also most proofread in the recent fund operation, suggesting that the original operation of more radical investors can gradually increase the strength of defense, we believe that the recent stock index still has room to rise, because the factors that promote the stock market is still on the rise, but as the index continues to climb, Market pressure is also gradually increasing, the first is the pressure of valuation, followed by the macroeconomic manager's recovery is still tortuous and uncertain. In this context, the market appears to be a shock upward or high volatility of the possibility of greater, with the increase in vibration, investors appropriate defensive operation is conducive to reducing the risk exposure level of assets.　　(Zhejiang Merchants Securities Yao Xiaojun) Open-end Fund Panorama reviews Fund Code fund name reviews 160401 Huaan Innovation Net short-term high volatility mainly.　　160402, the net value of Huaan a a short-term to shake finishing mainly.　　160404 Huaan Baoli More air differences increase, mainly shocks.　　160406 Huaan Net value short-term to the main range of shocks.　　040006 Hua an international and domestic first qdii fund, wait and see.　　160405 Shanghai 180ETF net worth or is expected to continue to shock upward.　　160105 there is still room for oscillation near the southern positive year line.　　160106 the southern high increase in space will be around the year line to compete.　　160101 Southern stability will still be in the top of the year oscillation finishing.　　160109 South stability of the line near the number of empty still exist for grabs.　　160110 Southern Merit Net worth is restrained by the year line pressure, wait-and-see.　　160102 South Treasure Yuan net worth continued upward or have callback.　　160108 of the South's net worth is expected to continue to slow upward.　　160103 The south will still be dominated by interval shocks.　　160301 Huaxia growth net worth high fluctuation risk amplification.　　160305 Huaxia Market net worth will still be dominated by high volatility.　　160310 China Superior net worth high volatility risk amplification.　　161001 Huaxia Bonds (A/b category) net value of short-term high volatility.　　161003 Huaxia Bonds (category C) Net worth or is expected to continue to shock upward.　　160303 Huaxia Return on the net Returns or have a callback.　　160307 Huaxia Dividend net worth continued upward after the repair.　　160308 China return second net worth high fluctuation risk amplification.　　159902 and medium-sized Board ETF multi-air divergence increased, mainly shocks. 160306 Huaxia EThe TF net value is still expected to continue to oscillate upward.　　160309 China's steady increase in net worth will maintain a high volatility pattern.　　020001 Cathay Gold Eagle Net value of short-term high volatility.　　The net worth of 020002 Cathay Bonds still remains higher.　　020003 Cathay Gold Dragon net worth short term still expect concussion upward.　　002005 Cathay Gold Horse net worth of short-term existence dressing requirements.　　020018 Cathay Gold Deer net worth is expected to continue slowly upward.　　020009 Cathay Gold Peng after the continuous upward or have a callback.　　160501 times the growth net worth short-term still expect concussion upward.　　The net value of 160502 Boshi is still in the upstream channel.　　160504 times selected net value or is expected to continue to shock upward.　　160506 Bo stable net worth is still expected to move closer to the six-year line.　　160507 Bo when the balance of net worth high volatility risk amplification.　　160508 bo value of the net worth of continuous upstream or have a callback.　　160505 Bo when the theme net will still be dominated by interval shocks.　　160602 Putian bond a net worth short-term or is expected to continue to rise.　　160603 Peng Hua net income short-term to shake finishing mainly.　　160605 Peng Hua 50 net worth will continue to shake the arrangement pattern.　　160607 Peng Hua Value adjustment pressure appears, mainly shocks.　　160608 the net value of Putian Bond B is still expected to slow upward in the short term.　　206001 Peng Wah Industry net value still exist to continue the upward space.　　160701 ka real growth continuously upstream after short-term or trimmed.　　160702 The net growth rate will be dominated by interval shocks.　　160703 ka solid net worth will be around the year line concussion finishing.　　The net worth of 160704 Ka real bonds will still be higher in the future.　　160705 The net service value continues to uplink or has a callback.　　160708 of the net short-term debt in the short term in the line of the year finishing.　　160709 of the net theme will be at the early highs of the concussion.　　160710 ka real Strategy net value short-term existence trimming requirements.　　160706 ka Real 300 round up after the main short-term trimming.　　160801 long-sheng equilibrium net value of short-term with the main range shocks.　　160802 long-sheng bond net worth continued upward or trimmed.　　160803 Long sheng selected net worth short-term to high volatility mainly.　　160804 Changsheng 100 net worth will still be concussion above the year line.　　160901 of the net worth of the short-term still expected to rise in inertia.　　160902 Big Debt AB NET is still expected to continue the upward pattern.　　160903 Large blue-chip net worth still exist oscillation upside space.　　160904 large selected net worth of short-term high volatility.　　160908 big into 2020 net worth or is expected to continue to shock upward.　　160907 of the net value of bonds C short-term still expected to slowly rebound. 160906 Grand300 net worth or will continue the uplink pattern.　　The net balance of 161001 rich countries will remain volatile.　　161002 rich-day interest net worth short-term still have upside space.　　161003 days of rich-world equity short-term will be in the year line shocks.　　161004 rich days of high volatility risk amplification, wait and see.　　161007 Rich Day net worth of short-term high shocks.　　More than 161005 days of rich-country Tian Hui more and more air divergence, mainly shocks.　　161101 Easy base Stable high fluctuation risk amplification, do not touch.　　161102 The net base strategy will still be shaken above the year line.　　161103 easy to base 50 net worth or is expected to continue to concussion upward.　　　　161105 Easy base Positive net worth short-term to high concussion mainly.　　Fund Code fund name reviews 161108 Easy Base Month B net value short-term to high volatility mainly.　　The net worth of 161106 will still be shaken below the year line.　　161107 the net worth of second is continuously upstream or trimmed.　　159901 deep 100ETF More air divergence, there are still shocks.　　161601 New blue-chip net high fluctuation risk amplification.　　161603 financing bonds will still be dominated by horizontal consolidation in the short term.　　161604 Intermediation Depth Certificate 100 net worth short-term still expected to concussion upward.　　161605 Financing Blue-chip net continuously upstream or trimmed.　　161606 the net value of the industry continued to move higher or have a callback.　　161607 Intermediation Tide 100 net worth short-term existence trimming request.　　161609 of the net value of power short-term to high volatility mainly.　　161801 Silver China Advantage high fluctuation risk amplification, wait and see.　　161802. The net worth of silver-Chinese capital is continuously pulled up or has callback.　　161803 Yin Hua 88 or inertia rise, but not to chase high.　　161806 Silver China High quality net high fluctuation risk amplification.　　161807 the net worth of the rich is continuously upstream or trimmed.　　161804 Yin Hua Preferred net worth in future or still will inertia higher.　　161301 Bao Ying Hong Years line suppression net worth, temporary wait and see.　　161302 PO Surplus Area Net value short-term to the main range shocks.　　162001 Great Wall long constant net worth of short-term high shocks.　　162002 the Great Wall of long Thai net worth continued upstream or have a callback.　　162004 Great Wall consumption or inertia rise, but not to chase high.　　162005 the net return of the Great Wall will still be around the year line concussion.　　161503 Galactic Yintai High fluctuation risk amplification, wait and see.　　161501 Galaxy stable short-term will still be dominated by high volatility.　　161502 the Galactic net income still has a fluctuation range in the short term.　　161201 countries to invest in China's high volatility risk amplification, avoidance.　　The net worth of 161202 countries will remain volatile in the short term.　　The core net worth of 161203 countries is mainly high volatility. 161205 National Investment Innovation net worth short-term still needs trimming。　　162503 Tak Shing Relief net will still be at the top of the year oscillation.　　162501 de Sheng Stable net worth will remain high volatility.　　162502 Tak Sheng Small plate continuous upstream after the short-term or have a callback.　　162504 de sheng selected net worth short term or existing trimming requirements.　　162401 Bao Kang Consumer net consumption will still be dominated by high volatility.　　162402 Bao Kang Configuration net value short-term to narrow finishing.　　162403 Po Kang Bond NET or continuation of the slow climb pattern.　　162404 Warburg Power will continue to be dominated by high volatility.　　162405 Hua Bao strategy to increase the number of space, maintain shocks.　　162408 Treasure Net income short-term existence trimming requirements.　　162409 of the advanced net worth of the short-term range of shocks mainly.　　162201 HSBC growth net will still be around the 20th line concussion.　　162202 the Net-harvest cycle is dominated by interval shocks.　　162203 HSBC stable net worth or subject to half a year line pressure.　　162204 Bank of Silver selected net worth continued upward or adjusted.　　162205 of the bank's net budget is facing a short-term pullback.　　162207 Silver net efficiency short-term to high volatility mainly.　　162208 Silver Preferred net value high fluctuation risk.　　162302 Sea-rich net income short-term high volatility mainly.　　162304 the net value of sea-rich stocks has a short-term trimming requirement.　　162305 Sea return net worth of short-term to high volatility mainly.　　162301 the high net worth of sea-rich selected higher volatility risk.　　162306 SEA-rich advantage net worth continuous upward or trimmed.　　161706 net investment growth in the short term there is still room for trimming.　　161701 investment in the market around half a year still shocks.　　161702 net worth of business balance short-term still exist vibration space.　　161703 Investment bonds more space differences increase, or have a callback.　　161704 Investment Pioneer NET is subject to half a year line pressure.　　161708 The net investment is continued upward or adjusted.　　161707 The net value of China merchants debt will still be around the year line shocks.　　162902 Thai Letter first-net high volatility risk is higher.　　162903 Thai Letter Short-term debt net value will revolve around the year line concussion finishing.　　162904 Thai Letter High quality net high fluctuation risk.　　163101 Sheng Li selected net worth of short-term to high volatility mainly.　　163102 the high level fluctuation risk amplification, avoidance.　　163103 the net value of new power is continuously upward or adjusted.　　163105 New economic net worth short-term or will be to the next tune.　　163201 the net value of Connaught equilibrium short-term fluctuation range or increase.　　163203 the high volatility risk of the net stock of Connaught.　　163205 value of Novartis high volatility risk amplification, wait and see.　　1,619,010,000 Home 180 net worth short-term or exist callback pressure.　　1,619,020,000 net capital preservation will be at the top of the six-year line shocks.1,619,030,000 common multiple air separation increase, wait and see advisable.　　5,191,810,000 Home Harmony high volatility risk amplification.　　162601 Jing Shun Ding yi year line above net worth still shocks.　　162603 Jing Shun net resources will be around the annual line of vibration finishing.　　162604 Jing Shun stock multiple empty competition, mainly shocks.　　162605 Jing Shun balance adjustment pressure appears, wait and see advisable.　　162607 net growth short-term or there is a callback pressure.　　162608 Jing Shun growth net will be at the top of the year concussion.　　162101 Golden Eagle Net worth short-term still exist to tidy up space.　　162102 Golden Eagle Small disk net worth of short-term high shocks.　　162701 Poly-rich net worth high fluctuation risk amplification.　　162702 GF Stable Short-term High maintenance vibration finishing.　　　　162703 GF Small Plate adjustment pressure appears, wait and see advisable.　　Code Name reviews 162705 the peak value of the Poly Fung will still be dominated by high volatility.　　162706 GF Optimal Net value will still be above the year line concussion.　　163601 quantify the core net worth of continuous upward or adjusted.　　163603 the net value of Everbright dividend is still in short range.　　163604 everbright net growth short-term to high volatility mainly.　　160318 Citic Classic net high fluctuation risk is higher.　　160319 Citic Dividend net value short-term still exists fluctuation range.　　160320 Citic Double net value will still be dominated by a narrow range.　　519993 Long letter increase net worth still will be above the year line concussion.　　519995 Long Letter Gold net value will still be dominated by high volatility.　　519997 Long letter Silver net profit high fluctuation risk is big.　　163301 Morgan Stanley Basic net worth will continue the interval oscillation pattern.　　163302 Morgan Stanley Resources More air differences, mainly shocks.　　163701 on top of the net will still be on the year line shocks.　　163703 on the net of double interest or will continue to higher inertia.　　163702 on the Alpha net, there was a concussion near the year line.　　163704 on the pioneer net worth of the short-term still exist shock space.　　163901 The high growth net worth fluctuation risk is higher in China Sea.　　163902 the net dividends of the Chinese sea continued upward after finishing the main.　　164001 Oriental Dragon Net will still be sorted under the year line.　　164003 Oriental selected net value still dominated by high volatility.　　163402 Societe Generale trend of net worth continued to pull up or have a callback.　　163401 Societe Generale net worth short-term or there is a dressing space.　　163403 Societe Generale global net worth short-term high fluctuation mainly.　　163801 China Silver Short-term will still be dominated by high volatility.　　163803 growth net worth of silver in short-term range shocks.　　165801 East Wu Jiawou NET will oscillate around the year line range. 165802 Dong Wu Power netThe value will still oscillate above the year line.　　164101 China's competitive net worth short-term existence of trimming requirements.　　163,503 days of core net worth in the proximity of the year line exist shocks.　　163,501 days to govern the net worth short-term fluctuation range or increase.　　163,502 days to treat quality more kinetic energy weakened, or have a callback.　　164601 AIA China Equity fund, share net worth 0.5634 yuan.　　164602 AIA Sino-Short Debt bond fund, share net worth 1.0776 yuan.　　164501 Rich Lan income biased debt fund, the net share value 0.6708 yuan.　　164502 Lan Flexible Equity fund with a share value of 1.1604 yuan.　　519008 hui Fu selected partial stock fund, share net worth 2.4108 yuan.　　519018 add-rich Growth Equity fund, the share value of 0.7128 yuan.　　164801 ICBC Value Equity fund, with a net share of 0.8241 yuan.　　164803 ICBC Balance Equity fund, share net worth 0.7361 yuan.　　164804 ICBC Growth Equity fund, share net worth 1.3893 yuan.　　The 519087 New century preferred net worth of 0.6067 yuan, down than last week.　　The net worth of 164,201 Tianhong was 0.5746 yuan, down from last week.　　The net worth of 519688 Silver picks is 0.9456 yuan, up from last week.　　519690 the bank has a robust net worth of 1.7527 yuan, up from last week.　　519692 the latest net worth of the bank's growth is 2.1596 yuan, up from last week.　　165301 the new net worth 0.7303 yuan is constant, rising than last week.　　165303 the latest net worth of the letter is 0.8342 yuan, up from last week.　　165401 HSBC Jin Xin 2016 the latest net worth of 1.8738 yuan, rising than last week.　　165402 HSBC Jin Xin dragon new net worth 1.4594 yuan, rose than last week.　　165501 Fidelity Four Seasons Red newest net worth 0.8200 Yuan, rises than last week.　　165502 Letter Prudential Extract the latest net worth 0.7911 yuan, net worth rise.　　560002 the latest net worth of the benefit of the people 0.6237 Yuan, the net worth drop.　　590001 in the latest net worth of 1.2700 yuan, net worth rise.　　040003 Hua an rich profit of 0.2273 yuan per million, the latest 7th-year rate of return of 1.317%.　　202301 South profit per million profit of 0.2877 Yuan, the latest 7th annual return rate of 1.179%.　　003003 China increase profit per million profit of 0.3418 Yuan, the latest 7th-year return rate of 1.442%.　　002007 Cathay dollars per million income of 0.2962 yuan, the latest 7th-year rate of return of 1.758%. 050003 times cash per million profit of 0.3618 Yuan, the latest 7th annual return rate of 1.342%。　　160606 Peng Goods A per million income of 0.2822 yuan, the latest 7th-year rate of return of 0.952%.　　　　160609 Peng Hua goods b per million profit of 0.4184 Yuan, the latest 7th annual yield of 1.274%.　　Code name reviews 070008 ka real currency earnings per million 0.1886 yuan, the latest 7th annual return rate of 2.251%.　　080011 long sheng currency of 0.3363 yuan per million, the latest 7th annual return rate of 1.215%.　　090005 Large goods A per million income of 0.2416 yuan, the latest 7th-year rate of return of 1.28%.　　091005 Large goods b per million income of 0.3511 yuan, the latest 7th-year rate of return of 1.253%.　　100025 Rich domestic A per million income of 0.0747 yuan, the latest 7th annual return rate of 0.524%.　　100028 Rich products B per million income of 0.1394 yuan, the latest 7th annual yield of 0.764%.　　110006 easy to reach goods a per million profit of 0.2472 Yuan, the latest 7th annual return rate of 0.893%.　　110016 easy to reach goods b 0.3065 yuan per million, the latest 7th-year rate of return of 1.873%.　　161608 easy to pay every million income 0.2789 yuan, the latest 7th-year rate of return of 1.02%.　　180008 Silver Chinese goods A per million income of 0.2426 yuan, the latest 7th annual return rate of 0.882%.　　180009 Silver Chinese goods b per million profit of 0.3019 Yuan, the latest 7th annual yield of 1.093%.　　200003 Great Wall currency revenue of 0.1811 yuan per million, the latest 7th annual yield of 0.711%.　　150005 Galaxy Silver Rich a per million income of 0.1812 yuan, the latest 7th annual yield of 0.671%.　　150015 Galaxy Silver Rich B per million income of 0.2483 yuan, the latest 7th annual return rate of 0.904%.　　240006 Wah Po Cash A per million income of 0.2497 yuan, the latest 7th annual yield of 0.903%.　　240007 Treasure Cash B per million income of 0.3174 yuan, the latest 7th annual yield of 1.234%.　　162206 Thai-Dutch currency revenue of 0.8051 yuan per million, the latest 7th-year rate of return of 1.273%.　　519505 Sea Rich currency a per million income of 0.2761 yuan, the latest 7th annual yield of 1.028%.　　519506 Sea-rich currency b per million income of 0.3516 yuan, the latest 7th annual yield of 1.275%.　　217004 investment cash per million profit of 0.2812 Yuan, the latest 7th-year rate of return of 1.057%.　　290001 Thai letter earnings per million income of 0.2313 yuan, the latest 7th-year return rate of 2.184%. 310338 Profit TreasureEvery million income of 0.2410 yuan, the latest 7th annual return rate of 0.834%.　　320002 Connaught Money per million income of 0.2091 yuan, the latest 7th annual return rate of 1.117%.　　5,195,080,000 currencies per million income of 0.2448 yuan, the latest 7th annual return rate of 0.911%.　　260102 Jing Shun currency of 0.2558 yuan per million, the latest 7th-year rate of return of 0.919%.　　270004 GF Currency per million income of 0.1802 yuan, the latest 7th-year rate of return of 0.647%.　　360003 Everbright Baode earnings per million 0.2519 yuan, the latest 7th-year rate of return of 0.928%.　　288101 Citic Cash income of 0.2343 yuan per million, the latest 7th-year rate of return of 2.356%.　　519999 long letter interest per million income of 0.2883 yuan, the latest 7th annual return rate of 2.63%.　　163303 of the huge field of money per million income 0.2820 yuan, the latest 7th annual yield of 1.014%.　　370010 on the investment of Morgan a per million income of 0.1212 yuan, the latest 7th annual yield of 0.457%.　　370011 on the investment of Morgan B 0.1864 yuan per million, the latest 7th annual rate of return of 0.647%.　　400005 Oriental Gold books per million income of 0.2121 yuan, the latest 7th annual return rate of 1.332%.　　340005 Societe Generale currency earnings per million 0.2257 yuan, the latest 7th annual return rate of 0.829%.　　163802 BOC currency earnings per million 0.2659 yuan, the latest 7th annual yield of 0.973%.　　410002 wah Fu currency per million income of 0.2357 yuan, the latest 7th-year return rate of 1.312%.　　350,004 tin Metallurgy Currency per million income of 0.1939 yuan, the latest 7th-year yield of 1.814% 519518 to add rich currency per million income 0.1403 yuan, the latest 7th annual yield of 0.918%.　　482002 ICBC currency income of 0.2259 yuan per million, the latest 7th annual yield of 0.834%.　　519588 of the exchange of silver currency of 0.2505 yuan per million, the latest 7th-year conversion rate of 0.902% 530002 letter currency per million earnings 0.2414 yuan, the latest 7th annual yield of 1.1%.　　560001 income per million revenue 0.1299 Yuan, the latest 7th-year rate of 0.509%.　　There is still a scramble for space over the 51005050ETF year line.　　510180180ETF more air divergence, mainly shocks.　　510880 bonus ETFs will still be rocked over the year line.　　159901 deep 100ETF Multiple air separation increase, focus on the amount of energy. 159902 adjustment of the pressure to appear, wait and see advisable.　　160105 there is still a scramble for more space near the annual line of the southern plot.　　160106 the southern Kao Jen will still be organized around the annual line oscillation.　　160505 bo time theme or will maintain the interval oscillation pattern.　　160607 Peng Hua value continuously upstream after the short-term or trimmed.　　160610 Peng Hua Power on the action can be weakened, or have adjustments.　　160611 Peng Hua governance more space for fierce competition, wait and see advisable.　　160706 Ka Real 300 continue to go up still need volume matching.　　160805 Long Shengtong Zhi Short-term will still be the main vibration finishing.　　More than 161005 days of rich-country Tian Hui more and more air divergence, mainly shocks.　　161607 the tidal volume can be weakened, or there is room for dressing.　　161706 investment growth short-term will be in the line above the concussion.　　1,619,030,000 public high volatility risk increase, wait and see.　　162006 Great Wall long rich short-term will still be dominated by high volatility.　　162207-charge silver efficiency round after the attack of short-term trimming.　　162605 King Shun Ding Yi short year line above the main shock.　　162607 the resources of the Jing shun can be weakened or adjusted.　　162703 GF Small disk will still be in the upper range of the year line concussion.　　163402 Societe Generale trend of continuous upward short-term or trimmed.　　163801 China Silver Chinese high volatility risk increase, wait and see. 166001 there is still a scramble for more space above the Central European trend year line.