In the past two months, the A-share market has ushered in a significant recovery.WIND data shows that as of June 23, the Shanghai Composite Index has risen 15.03% since its stage low on April 27.Professionals said that as the resumption of work and production continues, the fundamentals of the economy are coming out of the shadows, and the demand for stable growth this year is clear, and the monetary policy is expected to remain loose. These factors are beneficial to equity assets.It is understood that Huaan Quality Selection (Class A: 013680, Class C: 013681) will be issued on July 7. The fund will be managed by "balanced generalist" Zhang Liang, who will use "telescope + microscope" to dig out good companies and be optimistic about equity assets. Investors may wish to pay due attention.
Although A-shares have rebounded and risen recently, the market has fluctuated from time to time. How will the new product work after its establishment?Huaan Quality selects 60-95% of stock positions, and can respond flexibly to different market conditions.When constructing a specific investment portfolio, the fund will adopt a three-tier system of "core + key + satellite", and the three positions will perform their respective functions and play different roles, thereby improving the investment effectiveness of the overall portfolio."Core" positions account for 40-60%, dare to invest heavily in promising high-quality companies, and contribute excess returns to the portfolio; "key" positions account for 20-30%, by closely following the market, looking for excess returns of individual stocks; "Satellite" positions are It accounts for 10-20%. With the support of the team, the second and third line varieties are configured to smooth the fluctuation of core positions.
In the selection of individual stocks, Huaan's quality selection focuses on "the future development space that can be seen clearly, the future development path that can be grasped, and the future performance growth that can be calculated". Find good companies.On the one hand, using "telescopes" to judge whether the industry track is long enough and the size of the industry space will focus on "people-oriented" and give priority to industries that follow human nature.On the other hand, use the "microscope" to carefully identify the quality of listed companies, including business models, financial data, corporate governance and other aspects.
As the proposed fund manager of the new product, Zhang Liang is a "balanced generalist" with solid investment and research skills and good at "service + manufacturing" multi-track layout.He adheres to the concept of value investment and buys good companies at good prices. His past investment results have been remarkable, and he has continued to be favored by investors.According to data from Galaxy Securities, as of June 17, the five-year rate of return of Huaan State-owned Enterprise Reform managed by Zhang Liang reached 222.23%, ranking first among 269 products of the same kind.Judging from the regular reports of the fund, the number of holders of Huaan State-owned Enterprise Reform at the end of 2021 will reach 27,000, an increase of 152% compared with the initial period when Zhang Liang took over at the end of 2018. An increase of 1728%.
In addition to being equipped with excellent fund managers, Huaan Fund is known for its active equity investment, and will also provide investment and research blessings for Huaan's quality selection of investment operations.At present, Huaan Fund has divided active equity teams into groups, and fund managers can focus on alpha capabilities and have achieved good results in past investment management.According to data from Galaxy Securities and Tianxiang Investment Consulting, as of the end of 2021, Huaan Fund’s average return on active management of stock investments in the past 3, 5, 7, and 10 years ranks among the top 10 in the industry. In 2021, Huaan Fund’s active equity This kind of fund has created income of 12.957 billion yuan for Christian Democrats, ranking first in the industry, and its investment and research strength is obvious to all.
(Editor in charge: Kang Bo)
