The Fund'S Earning Effect Is Picking Up And New Opportunities Are Approaching.
In the current statistics, the active equity fund products increased by an average of 0.91%, the index fund products increased by 0.30% on average, the mixed fund products increased by 0.43% on average, the bond fund products decreased by 0.22% on average, the guaranteed fund products decreased by 0.07% on average, the short-term financial fund products increased 0.05% on average, the money fund products increased by 0.05% on average, and the QDII fund products fell by an average of 0.12%.
The tight trend of funds and the cautious trend of sentiment in the current period are generally weak, but the underlying support is obvious. The upward trend line since the beginning of March has once again effectively supported the Shanghai stock index.
At the same time, the policy driven effect has obviously increased. Under the stimulation of mixed reform, oil, shipbuilding and other sectors are obviously in the front, and on Wednesday, under the leadership of the oil sector, the Shanghai stock index went up strongly, and the plate generally rose.
In general, the market has less money making effect, but structural opportunities still exist.
In terms of index, the Shanghai Composite Index rose 0.70%, the SME board index rose 0.62%, and the gem index rose 0.53%.
Shen Wan's 28 industries generally rose, among which pportation, communications and other gainers were the biggest.
In terms of liquidity, the amount of the central bank's counter repurchase was 10400 billion yuan, the reverse repurchase expired 615 billion yuan, the net investment was 425 billion yuan, and the reverse coupon rate of each period remained at the previous level.
In terms of capital cost, the 1 day mortgage repurchase rate between banks decreased by 14.47bps compared with the end of last period, and the 7 day pledge rate of repurchase increased by 0.32bps compared with the end of last period, and the interest rate of overnight SHIBOR rose by 3bps compared with the end of last year.
In terms of index, the debt of the CSI fell by 0.61%, the CSI bond increased by 0.08%, the CSI convertible bond increased by 1.05%, the CSI financial debt dropped by 0.03%, and the CSI total debt fell by 0.02%.
In the overseas market, NYMEX light crude oil has gone down after being washed up, and COMEX gold has been limited in a limited range.
In terms of stock index, Hang Seng index continued to decline, and the Dow Jones Industrial Average Index and
NASDAQ
The composite index fell back to a new high during the period, with the Hang Seng index down 1.92%, the Dow Jones Industrial Average up 0.34%, and the Nasdaq composite index down 0.17%.
The net value of the active equity fund product increased by 0.52% on average. The net value of equity funds increased by about 73.12%, and the yield was between 3.53% and -4.37%. The overall performance was better than the previous one.
Specifically, Huafu quantum has the biggest increase in life force, and China Unicom enjoys the biggest decline in the year's regular open and flexible configuration.
The quantitative fund is generally performing well. In addition to the rising of Huafu quantum vitality, Jiu Tai's quantitative pioneer and merchants' quantitative selection increased by 3.27% and 3.14% respectively; the Shanghai Hong Kong Shenzhen concept fund generally performed poorly, and Qianhai's open source, Shenzhen and Shenzhen new opportunities, and Guangdong, Shenzhen and Shanghai Shenzhen stocks fell by 2.71% and 2.14% respectively.
Net index rose about 63.19% of index funds, of which the largest share of sports shares in rich countries, and the largest in the rich countries.
Overall, tracking the high speed rail and the other side of the fund rose significantly, the South China Certification high-speed rail industry, An Xin area along the way rose by 2.72% and 2.09% respectively; tracking bank, financial real estate funds fell significantly ahead, Penghua bank classification, Changsheng financial real estate share decreased by 2.08% and 1.75% respectively.
Bond market continued to weaken, the bond fund fell again this year, but the decline narrowed significantly compared with the previous period.
According to the classification, the net value of convertible bond fund rose by 1.12% on average, while the net debt level of the two class debt decreased by 0.07% on average, and the net value of the first class debt net decreased by 0.19%, while the net value of the net debt fund decreased by 0.36%.
Specifically, the largest increase in C in the time of convertible bonds was 2.91%, while the decline in C was the largest, falling 2.91%.
In terms of QDII fund, the QDII fund of the US stock market has generally risen this time, while the QDII fund that configuring Hong Kong stocks has generally fallen.
Specifically, the QDII fund, which focuses on the allocation of real estate, rose significantly. Penghua real estate and Cathay Pacific Real Estate Development stocks rose 2.54% and 2.24% respectively. While the largest drop in the market, the ETF share of the US dollar and the Hang Seng China business index fell by 2.86% and 2.78% respectively.
Partial equity fund
Looking at the market from a more macro perspective, the core logic supporting and affecting the operation of the market is showing signs of loosening in the short term. Liquidity inflexion is looming and external capital market slowdown is not conducive to the operation of the A share market. Meanwhile, the debt market turmoil is not dispersed, and market sentiment tends to be cautious.
However, the steady economic fundamentals are the most solid foundation for the stable operation of the capital market. The central bank will also make efforts to stabilize the capital market at the key nodes after the emergence of tight funds. At the end of the year, it is difficult to reproduce the impact of major risk events, but the market confidence recovery process is slow.
capital
The intensity of participation is not strong enough, and it is difficult for the stock index to get out of the current downturn. The stock market has maintained a low level in the last trading week this year. The low price chips are low and the value is low. Investors can configure the partial stock fund and the public allocation plan 1.
Bond funds: tight funds at the end of the year, debt market deleveraging or continuing, the bond market crisis affecting market sentiment, superposition of the central bank is pushing the bank's off balance sheet financing into the MPA generalized credit assessment will reduce the bond market from the bank financing, and the bond market at the end of the year or continue to be disturbed.
However, for a long period of time, the economy still lacks the power to sustain growth. The market preference will still mainly focus on low risk assets such as bonds, and the possibility of inflow of assets into the bond market will still exist while monetary easing is still expected.
In the short term, investors are advised to control the debt base positions and pay close attention to the configuration and trading opportunities brought about by the adjustment of the bond market.
Investors with relatively high risk preference can pay close attention to the performance of stock index. Under the stable stock market, two level debt base and convertible bond fund can be configured to share the earnings of stock index rise.
Specific funds can pay attention to ICBC Tim Yi A, Yi Fang Da peace of mind to repay A.
QDII Fund: the Federal Reserve raised interest rate boots and landed quickly after the release of the risk. The global financial market is expected to remain stable in the short term, and investors can continue to participate in the QDII fund investment.
Specific funds may focus on the overseas Chinese Internet of Bank of communications.
Monetary Fund and short-term financial management: the yield of IMF and short-term financial products are subject to market capital interest rates downside, but for investors with low risk preference, investment in money market funds and short-term financial bond funds still expect stable returns. Low risk investors can use such products as a liquidity management tool.
We can pay attention to all of them, such as Jinbao, Guang Fa currency and so on.
For more information, please pay attention to the world clothing shoes and hats and Internet cafes.
- Related reading
- Fashion blog | Fashion Brand Release Notice STEVE&VIVIAN "Time Between"
- Fashion character | Calvin Luo, The Youngest Designer In Fashion Week In New York
- Finance and economics topics | Esprit Full Year Profits Rose At The End Of Fiscal Year With HK $5 Billion 220 Million Net Cash.
- Information Release of Exhibition | Leading The Smart Pformation To Create The Whole Industry Chain Service -- The Twenty-First Ningbo International Fashion Festival Debut In October 19Th
- Women's wear | Red Dragonfly Is Directly Linked To The Designer'S Brand Store.
- neust fashion | When The Sweater Is Serious, There Will Be No Cold Air. What Is The Matter?
- Female house | Semi Custom Products For Consumers Of Non Standard Stature
- Industry perspective | What Are The Chemical Effects Of The Electricity Supplier?
- market research | The Industry Norm Of "Sharing Everywhere" Is Imminent.
- Industry dialysis | 中国体育产业该如何实现鲤鱼跳龙门?
- When And Where Is The Real Bottom Of The Market?
- The Sampling Results Of Half Of The Children'S Clothing Samples In Anhui Are Not Satisfactory.
- Changchun Industrial And Commercial Bureau: Footwear Commodity Sampling Results Announced
- The Four National Standards Will Be Held In Tongxiang, Zhejiang.
- 鞋标委皮鞋分会指导行业的发展
- Xinji: A Total Of 98 Illegal Leather Finishing Enterprises Have Been Banned.
- Investment Strategy: The War Of Ending Is The Place Where Institutions Fight.
- Financial Guide: 2016 Investment And "Stealing Chicken" Is Very Difficult.
- 服装企业该如何构建爆款模式?
- 从产业角度分析中美贸易战风险