China-Singapore Jingwei, March 3 (Fu Jianqing) During the year, affected by the volatility of the A-share market, many fund companies and brokerage asset managers have taken action, planning or already investing in their own public funds and asset management plans.
According to incomplete statistics, the total amount of related products involved exceeds 2 billion yuan.
Most of the public funds fell during the year
Oil and gas categories rose sharply
According to iFinD data, as of March 1, the net value of 70% of public funds fell during the year, with an average drop of over 4%.
During the same period, the Shanghai Composite Index fell 4.15%, the Shenzhen Component Index fell 9.21%, and the ChiNext Index fell 13.15%.
According to Haitong classification, according to iFinD data, stock funds fell on average by about 7.29%, hybrid funds fell on average by about 6.48%, bond funds fell on average by about 0.15%, and currency funds were basically flat.
Judging from the classification of flushing themes (excluding some themes with a small number of samples), the net worth of the banking, non-ferrous metals, and resource industry themes rose during the year, and the net worth of the information industry, emerging industries, Internet, TMT, medicine and other themes fell by more than 10% during the year.
In addition, affected by the situation in Russia and Ukraine, the oil and gas public funds in the whole market were among the top gainers, and the net value of GF Petroleum, Harvest Crude Oil, Nuoan Oil and Gas, and Southern Crude Oil rose by more than 20% during the year.
Multiple companies invest in their own products
Analyst: It is not advisable to blindly follow the trend
As the net value of public funds continues to decline, companies have started investing in their own products since mid-January this year.
According to incomplete statistics from Sino-Singapore Jingwei, since January 12, more than 30 fund companies have announced to subscribe or subscribe for their own products. Calculated on the basis of the company disclosure minimum or maximum).
Entering February, a number of brokerage asset managers have also joined the ranks.
On February 15, Donghai Securities announced that it would subscribe for the company's Donghai Securities Haixin Zunli bond-type collective asset management plan with its own funds, with a participation amount of no more than 1 million yuan; Use its own funds to invest in the company's hybrid collective asset management plan totaling 30 million yuan; on February 22, Caitong Asset Management announced that it would invest 50 million yuan with its own funds on the 21st to purchase the company's equity and fixed income public funds; On February 28, Huatai Asset Management announced that it will use no more than 50 million yuan of its own funds to invest in the company's equity public funds.
Regarding public funds and asset managers of securities companies investing in their own products, Chen Mengjie, chief strategist of Yuekai Securities, told Sino-Singapore Jingwei that institutions have deeply bound their own interests with investors through self-purchase and commitment to medium- and long-term holdings, which is conducive to boosting market confidence and directly and indirectly drive the operation of subsequent products.
Yang Delong, chief economist of Qianhai Open Source Fund, also believes that fund companies invest in their own products to support the business development of their public funds.
As shareholders are willing to invest in the products of their public funds, expressing their optimism about the relevant funds will also play a certain exemplary role.
In addition, fund companies can also better understand the situation of relevant funds by investing in their public funds.
On the whole, it has a certain positive significance.
However, as far as investors are concerned, Chen Mengjie pointed out that compared with the overall quantity and product scale, the current self-purchased quantity and proportion of funds are relatively small, and the direct impact on market liquidity is limited. Investors need to view it rationally. Institutional self-purchasing of funds.
In addition, from the historical point of view, the upsurge of fund self-purchase is not equal to the bottom of the market. Fund self-purchase is often for various purposes, and the main emphasis is on the long-term investment value of the product. Therefore, investors also need to fully combine their own situation, not blindly Follow suit.
(Sino-Singapore Jingwei APP)
(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)
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