Fund Issue: "Flexible Configuration" Becomes The Most Frequent Keyword.

After the national day, the market plunged into the 3000 point seesaw again after pulling seven lines.

Under the typical shock market, the issue of public offering funds has a reverse thinking. When the theme investment has a "relative valuation premium", the fund company chooses to focus on flexibly configured products that can better reflect the predicted value.

It can be seen from the data that since October, the flexible configuration products which are more in line with the current market conditions have occupied the main force of distribution, and the allocation space of the stock investment positions in the product ranges from 0 to 95%.

Data show that as of 18, has been approved by the SFC and waiting for the issuance of partial mixed funds, a total of 7, of which 6 are flexible configuration products.

Cathay Pacific Fund,

Golden Eagle Fund and other strong companies have chosen to distribute products flexibly.

This upsurge is not related to the excellent performance of flexible configuration of products over the past few years.

Choice data show that as of October 18th, in the partial stock products, almost all of the top ten of this year's revenue is flexible configuration.

Performance and capital preferences continue to form positive feedback.

According to the situation raised in September, the flexible allocation of products has a strong market absorption power, and a total of 2 billion 500 million yuan is raised.

Data show that as of 18, there are 23 partial stock funds that have been raised since the end of the year, of which 8 are flexibly configured products, namely, Fong Tong Shang, Hua Fu Hua Xin, Yin Hua sports culture, long Sheng Shengping, Hong Kong and Hong Kong's deep wisdom life, people's livelihood plus silver frontier technology, new vitality of Bank of communications, and Shenzhen Hongfeng Hongkong and Shenzhen port.

Next, the issuance of public funds is more "

The world.

Interview, a number of flexible allocation of fund managers told reporters that the flexible configuration of products may be for the shock market.

Qianhai open source fund manager Xie Yi told reporters that in the pattern of repeated shocks, flexible allocation of products gave the fund managers more space to anticipate ahead of schedule. Once the possibility of major withdrawal is predicted in advance, it can be reduced in time.

According to the reporter, the fund company at the end of the recruitment, especially to strengthen the distribution of flexible allocation of product talent recruitment.

At present, the market is in a "vacuum" period which lacks obvious risks. The market has strong support near the 3000 point, but at the same time, the enthusiasm of the theme investment is also recede, and the market lacks obvious highlights.

Analysts pointed out that for ordinary investors, in a tangled market, a stable style, value oriented investment and stable growth fund is a good choice.

For the above recommendations, data can illustrate many problems.

After a big setback earlier this year, the market was generally volatile, but the average of the public offering fund was partial.

Still stronger than the market.

Data show that the first three quarters of the active equity fund average yield of -7.72%, while the Shanghai and Shenzhen 300 index fell 11.38% over the same period.

From the historical performance of institutions and retail investors, the fund's earning power has exceeded the average investor in the past 10 years.

Even in the past bull market, the retail investors in the market did not exceed 30%.

However, the choice of funds is not an easy task. The products of the selected strength teams can guarantee profits.

Liu Yiqian, general manager of Shanghai Securities Fund Evaluation Research Center, explained to reporters: "the core competitiveness of fund products is their ability to invest and research, so before investors buy funds, they should not ignore the factors of market position, but also ignore the texture of products themselves."