Too hot! Only two trading days in the New Year, more than 68 billion funds poured into 5 new funds
New fund sales in 2021 are still very hot!
The new year only lasted two days. From January 4 to 5, more than 68 billion yuan of funds poured into five newly issued funds.
Among them, among the 17 new funds issued on January 4, 4 funds "Sunlight Fund" appeared, and a total of more than 55 billion yuan of funds were oversubscribed.
The Yinhua Xinjia two-year holding period hybrid fund issued on January 5 ended its fundraising prematurely due to the rush of over 13 billion yuan of funds.
As of the time of press by The Paper, among the funds on sale on January 4, two funds have announced their allocation ratios, namely the China-Europe Yuexiang Life Fund managed by Guo Rui and the GF Xingcheng hybrid fund at the helm of Zheng Chengran and Sun Di. , The confirmation ratios were 85.261347% and 78.455551% respectively.
In other words, on the day of sale of the above funds, there were about 9.3 billion yuan and 15.2 billion yuan respectively for subscription.
In addition, the investment veteran Yu Guang leads the Invesco Great Wall Core Recruitment Hybrid Fund and the Wells Fargo Balanced Optimal Hybrid Fund managed by Yang Dong. Although the allocation ratio has not been announced yet, according to The Paper, the above two funds were on January 4th. Obtained over 20 billion yuan and over 10 billion yuan of funds to subscribe, respectively, and the placement ratio is about 40% and 90%.
Market participants pointed out that there is a close correlation between the continued popularity of new funds and the Shanghai Stock Exchange Index standing at 3,500 points at the beginning of the new year.
"Equity funds have performed well in the past two years, and there is often a wave of market conditions in the stock market in the first quarter, so market funds are very enthusiastic about new fund subscriptions."
Another fund company person said that banks and other channels want to have a good start at the beginning of the new year, and are more active in the issuance of new funds. In 2020, the concept of "investing in stocks is not as good as buying funds" has become more popular, so it will be so popular. Subscription status.
After the fundraising of the new fund is completed, it will enter the position building period. On the whole, consumption, medicine, and technology are still the most promising tracks for the above-mentioned star fund managers.
In addition, some fund managers said that they will also appropriately allocate some procyclical sectors.
Li Xiaoxing said that in terms of the pace of opening positions, according to the current market conditions, the new foundation chooses to build positions steadily. If the market fluctuates sharply, the pace of opening positions will accelerate.
Looking forward to 2021, Li Xiaoxing believes that the overall risk of the stock market is controllable, there are few systematic investment opportunities, and the market will still be dominated by structural opportunities.
From the perspective of investment opportunities, Li Xiaoxing said that in the fields of consumption and technology, China has a strong comparative advantage over other countries and is also a key direction to focus on.
The technology track is optimistic about electric vehicles, photovoltaics, smart terminals, software applications and media content.
In the consumer track, optimistic about optional consumption, dairy products and medicine.
Specifically, Li Xiaoxing is more optimistic about technology.
"Consumption fundamentals are okay, and the economy is still improving, but the valuation is undeniably at a historical high." Li Xiaoxing said, "From the perspective of the technology track, industrial independence is a very important part of national security, and policy support is relatively strong. At the same time, valuation is at a historically low level, and the performance growth rate in 2021 will also be good. Therefore, technology stocks are relatively more optimistic."
Regarding market risks, Li Xiaoxing said that investments in 2021 should also avoid the "gray rhino", which is the risk of the real estate industry.
Yu Guang said that the new fund will focus on consumption, medicine, technology and other tracks, focus on the company's fundamentals and long-term stock price performance, and pursue long-term sustainable returns.
In Yang Dong's view, the internationalization of the renminbi in the future is a major trend that will attract foreign investment to purchase renminbi assets; 2021 is the last year of the transition period of the new financial management regulations, after which wealth management funds will flow into A shares in a larger proportion; at the same time, trust It will also be a trend to transfer funds from non-standard funds, and there will be plenty of funds to invest in high-quality assets in the future.
From the perspective of asset supply, compared with bonds, real estate or industrial investment, investment opportunities in the A-share equity market deserve attention.
Yang Dong said that the balanced priority of the rich countries focuses on industries with strategic development opportunities in my country’s economic transformation. Investment fields include but are not limited to new energy, new materials, military industry, chemical industry, etc., as well as medicine, consumption, and finance (bank insurance). Within the scope of the configuration.
It is worth noting that Wind data shows that a total of 87 new funds were issued in January. Only counting the fund issuance shares for which the fundraising target was announced, the planned new fund size in January reached 275.5 billion yuan.
Fund companies also seem to be hoping to launch the "first shot" of the New Year's release.
Many fund companies have also dispatched talented soldiers, such as the 6-month holding period of Qianhai Open Source High-quality Enterprise, which will be issued on January 6, and will be managed by Qu Yang.
In addition, well-known fund managers such as Feng Bo, vice president of E Fund and Qiu Dongrong of Zhong Geng Fund, will issue new funds this month.
Reporter Ge Jia