Re-innovation of the position of partial-stock fund and High Bank fund yield

Investor newspaper (researcher Liu Zongyuan) since the Shanghai Composite index broke through 3,000 points, a-share market, 4 days in a row to collect the bald-headed barefoot line, and on July 6 to create 3,130-point new highs.　　Clearly, investors are full of confidence in the near-term market. On the 3,000 point, public offering funds to increase the pace is also significantly accelerated.　　The previous issue was still being made. The hybrid fund has become a normal, fast-growing market, and equity funds are becoming bolder. The investor's data Research department's position monitoring data show that from June 30 to July 7, both the hybrid fund and the Equity fund have made significant additions and positions that have exceeded the highest level since the year.　　Hybrid positions reached a new high of 77% in the year and stock-fund positions soared to 86%. Partial-stock funds to let up the first half of the year's net fund rankings, once again proved in the bull market "position is king." The biggest winners in the first half were index funds that kept a high position in institutional design, followed by biased-stock funds that held high positions in both bear and bull markets.　　In the face of the high innovation of a-share market, most of the funds at the beginning of the second half of the intense increase in position, in order to enhance the performance of the second half. Hybrid funds have been unusually active since late June, according to data research department position monitoring data from the investor journal. By the end of June, the hybrid fund had been operating at a lower price in the event of a stock fund increasing its position. However, after 3,000 points on the market, the hybrid fund has shifted its position.　　As of July 7, the Hybrid fund's position has reached 77%, surpassing the bull market, the highest proportion of mixed-fund positions and creating a new record of position monitoring data this year.　　In the first few trading days of July, 59% of the hybrid funds were added to the operation, with only 6% of the hybrid funds opting to lighten up and 36% of the funds on the sidelines.　　One of the largest increase in the number of the top 10 hybrid funds for the Great Wall of peace of Mind return, Chang Sheng Dynamic Select, easy to reach strategy 2nd, China and the sea dividend increase, the development of broad market growth, HSBC Jin Xin dynamic strategy, the silver Income, the mixed silver robust configuration mix, Invesco The Great Wall dynamic balance, Hua Bao Xingye income growth.　　Only 7 mixed funds to lighten, is the Cathay Gold Tripod value Select, Societe Generale trend investment, Oriental Dragon Mixed, Galaxy revenue, long letter double benefit optimization, on investment Morgan China Advantage, China rich competitiveness optimization. Equity funds have been holding a higher position, with positions already at the top of the three-quarter end of the 2007-year period.　　At the beginning of July, the stock fund continued the trend of opening at the end of June, as of July 7, the stock fund position has reached 86%. Among them, 55% of the stock fund in this monitoring period chose to add operations, 38% of the stock fund in the second half of the alternate time to remain silent, the position does not increase.　　Only 8 funds were reduced, accounting for about 6% of the total Monitoring fund. Stock funds to increase the top 10 are the National Alliance of Small Plate Select, the quality of the growth of the sea, the silver credit, the benefits of rich daysValue, Huaan MSCI China A-share, the growth of the agricultural and silver remittance industry, HSBC Jin Xin 2016, the core selection of Guangdong, AIA Huatai value growth, Shen million Paris competitive advantage.　　The 8 stock funds are Boshi, Analytica stock, the theme industry, the Great Wall brand optimization, oriental strategy growth, the south long yuan industry theme, Warburg Xingye advanced growth, Peng Hua value advantage. Bank of the fund returns from June 30 to July 7, the Shanghai Composite Index rose 3.84%, the Shanghai and Shenzhen 300 indices rose 5.5%; The Shanghai Fund index rose 4.21%. The investor's data research department statistics show that during the monitoring period, the average yield of 205 equity funds and the Shanghai-Shenzhen 300 index basically balanced, as high as 5.22%, of which 68% of the equity funds rose by more than 5%, and 9 of the fund yield is negative,　　The funds with negative returns are mainly overseas investment funds and newly established funds. The average yield of 135 hybrid funds during the monitoring period was slightly lower than that of equity funds, 4.55%.　　Among them, 43% of the hybrid funds yield more than 5%, only the southern Global Select and Yinhua Global Core fund yield is negative. Among the top 10 funds in the yield increase, the Bank fund performance is outstanding.　　In the stock fund, the Work Suisse fund company manages the Silver Rui letter Large Market blue-chip, the silver Credit letter bonus and the work Suisse steady growth performance respectively ranked 1th, 2, 9, respectively obtains 10.41%, 8.35% and 7.8% the yield rate.　　Among the top 10 of the stock-fund returns, it includes two funds managed by the bank's Schroeder, which are the silver-chip-blue-chips and the silver-selected stock-fund, earning 8.16% and 8.1% of the yield in just 7 trading days respectively.　　The top 10 members of the stock fund are also selected by the National Union, add rich value, Invesco Great Wall 2nd, Bo time Select and Yinhua Dow Jones 88 Select.　　In the top 10 of the mixed fund, the first is the Bank fund-the robust allocation of silver, in the monitoring period, the Fund received 8.93% of the yield, in addition to the establishment of trust fund management Jianxin Optimal allocation ranked 8th, to obtain 7.36% of the yield. In addition, among the top 10 of the hybrid fund, three belong to the big fund company.　　Large-to-select value-added, great wealth management 2020 and large blue-chip stability of the 4th, 5, 10, respectively, obtained 7.97%, 7.62% and 7.14% of the yield.　　The detection period of another obvious feature is that the big Blue Chip fund performance outstanding, such as Suisse blue-chip, silver blue-chip, large blue-chip are among the top 10.　　Fund companies to see much more in spite of the beginning of the year, a-share market has risen more than 70%, and many insiders believe that the market valuation has exceeded expectations, but the recent fund companies on the market view of the basic consistency, are optimistic about the future. In the second half of the Southern Fund's investment strategy meeting, research director Xu RongShows that the A-share market is still safe, is currently in the beginning of the recovery but the profit has not yet recovered, the driving force will be the initial policy and capital to promote macro-indicators and market valuation level expansion, gradually changed to micro-fundamental improvements brought about by the improvement in earnings expectations. July 4 afternoon, Prudential Fund in Chengdu, held an investor meeting, the company's investment director Huang on the scene to the outlook. He said that prudential funds adhere to see more, the current market is entering a phase of accelerated upward.　　Fidelity's Fund, the current position is basically very high. Just released the China's Shanghai and Shenzhen 300 index, its proposed fund manager Fang Jun on the afternoon to hold cautious optimistic attitude. He believes that China's exports in the second half of the year is expected to resume with the stability of the U.S. economy, domestic real estate investment and private investment is more likely to rebound, corporate earnings improved expected good; In addition, the A-share market liquidity remains abundant, IPO restart will only bring short-term impact on the market.