] (Reporter Zhan Yuye) The result of the second trial of Jinyuan Shun'an Fund's lawsuit against Hengtai Securities has come to an end.In recent years, Jinyuan Shun'an's products have been "stepping on thunder" one after another, and the development has not been smooth: after 15 years of establishment, the company ranks 99th in size, and the short-term and medium-term performance of its products are not satisfactory.
According to two civil judgments recently announced by the Beijing Court, the purchase of senior asset-backed securities (a total of 130 million yuan) by two asset management plans previously established by Jinyuan Shun'an Fund was terminated, and the company could not recover the proceeds and principal as agreed, so the special Hengtai Securities, the plan's manager and sales agency, took the case to court.After the first-instance judgment of Jinyuan Shun'an Fund won the case, Hengtai Securities refused to accept it and filed an appeal, and the Beijing Higher People's Court rejected the appeal of Hengtai Securities in the second instance.Previously, the asset management plan of Jinyuan Shun'an Fund stepped on the "16 Jinmao 01", "16 Yuhuang 03", "16 Yuhuang 04", "16 Huatai 02", "16 Shengtong 01" and other bonds one after another.
There are a total of 18 funds under Jinyuan Shun'an Fund, which mainly focus on "fixed income +" products.Among them, the scale of 2 monetary funds reached 10.145 billion yuan, accounting for 40%; the scale of 8 hybrid funds was only 1.518 billion yuan; the scale of 8 bond funds was 13.206 billion yuan.In terms of team, Jinyuan Shun'an Fund currently has only 7 fund managers, which is far lower than the industry average of 16.59 per family, and there are no equity star fund managers among them.
The short-term performance is not good, and in the medium and long term, the performance of this 15-year-old public fund product is not very satisfactory.Haitong Securities data shows that by the middle of this year, the company's equity funds in the past 5, 7, and 10 years have absolute returns of 36.75%, -1.66%, and 66.53%, respectively, ranking low among public funds. .
In addition to poor performance, corporate equity funds also face the dilemma of being miniature.In terms of the scale of a single fund, only Jinyuan Shun'an Yuanqi exceeds 500 million yuan among equity funds; Jinyuan Shun'an's growth momentum and Jinyuan Shun'an's value growth scale are both less than 20 million yuan.The data shows that the company issued two funds during the year, one of which failed to issue a debt fund, and the other fund, Jinyuan Shun'an Industry Selection, was successfully established, but the fundraising scale was only 224 million yuan, barely crossing the threshold of 200 million yuan. .
