In April, the A-share market fluctuated and adjusted, and the performance of the fund was “the strong is always strong”.
As of April 29, the gap between the performance of the whole market fund has been further widened since this year. The performance of Cathay Pacific commodities, which ranked first, was more than 90 percentage points worse than that of the last ranked fund.
The funds managed by Wanjia fund Huanghai maintained a leading position and ranked among the top three in the performance of active equity list. In the first quarter, 30% of the heavily held stocks of the funds under its management “changed their blood”, still heavily held in the coal and real estate industries, and further adjusted the structure of heavily held stocks.
fund’s initial and final performance difference exceeds 90 percentage points
In April, the market shock intensified, the “leading effect” of fund performance increased, and the gap between the first and last performance further widened.
As of April 29, the data showed that the net value of 14 funds in the whole market had risen by more than 20%, 11 Funds by more than 30% and 7 funds by more than 40% this year. At the end of March, there were 20 funds whose net value rose by more than 20% in the whole market this year, and only two funds rose by more than 40%.
As of April 29, the funds whose net value has increased by more than 20% this year have heavy positions in industries such as crude oil, real estate, soybean meal and coal, and most of these funds are QDII or index funds. Among them, Cathay Pacific commodities led the whole market with a net value growth of 45.09%. Compared with the last ranked fund, the yield is more than 90 percentage points different. At the end of March, Cathay Pacific commodities led the market with a net value growth of 40.8%. At that time, it was more than 70 percentage points lower than the last ranked fundP align = “center” top 20 fund performance in the whole market (only main code)
million funds’ products lead the list of active interests
As of April 29, in the performance list of active equity funds (common stock funds, partial stock hybrid funds, flexible allocation funds and balanced hybrid funds), the net value of five funds has increased by more than 10% this year. At the end of March, the net worth of 10 funds increased by more than 10%.
As of April 29, the four funds under Wanjia fund continued their leading trend since March, and their performance has still occupied the top four on the list this year. Among them, the net value growth rates of Wanjia macro timing Multi Strategy, Wanjia Xinli and Wanjia selection a funds managed by Huanghai have been 33.42%, 29.12% and 26.78% respectively since this year, ranking among the top three in the performance list with comparative advantagesP align = “center” top 20 active equity fund performance in April p align = “center” (shares a and C are not consolidated)
According to the heavy position stock data at the end of the first quarter, the above three funds have heavy positions in real estate stocks and coal stocks. For example, the larger scale of the great selection of thousands of thousands will be featured, for example, the selection of a larger selection of the great masters. The first quarter of the first quarter of the first quarter of the first quarter of the first quarter of the first quarter of the first quarter of the first quarter of the selection of a larger selection of thousands. For example, for example, the larger scale of the select of the select of the select of thousands. For example, for example, the larger scale of the selection of a larger selection of the thousands of thousands. The big ten warehouse stocks at the end of the first quarter quarter of the first quarter of the first quarter of the larger scale of the selection of the selection of thousands of thousands of thousands. At the end of the first quarter quarter, the ten big warehouse stocks are ‘601 Shaanxi Coal Industry Company Limited(601225) \ , Shanxi Coking Coal Energy Group Co.Ltd(000983) . Compared with the end of 2021, Shanxi Coal International Energy Group Co.Ltd(600546) , Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) , Huaibei Mining Holdings Co.Ltd(600985) are the new top ten heavyweight stocks of the fund, and China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) , Jinke Property Group Co.Ltd(000656) , China Shenhua Energy Company Limited(601088) withdraw from the top ten heavyweight stocks. At the same time, Huanghai further adjusted the structure of the top ten heavyweight stocks selected by 10000. At the end of 2021, the fund held Shaanxi Coal Industry Company Limited(601225) 2404000 shares, accounting for 4.46% of the net asset value of the fund. At the end of the first quarter, Shaanxi Coal Industry Company Limited(601225) was promoted to the number one heavyweight stock of the fund, with the fund holding 4197000 shares, accounting for 9.05% of the net asset value of the fund. In addition, the shareholding concentration of Wanjia selected stocks further decreased. At the end of the first quarter, its top ten heavy positions accounted for 73.7% of the net asset value of the fund, which was 74.03% at the end of 2021.
Huang Hai said in the first quarterly report of Wanjia selection that he still adhered to the value stocks and moderately adjusted the structure; With the decline of the share prices of many advantageous enterprises, the structural opportunities in the market will become more prominent. We will also grasp the medium and long-term buying points of such enterprises in a prudent manner to realize the steady appreciation of the net value of products.
early leading fund performance pullback
In April, when the market shock intensified, many funds with leading early performance “changed their feet” and gradually disappeared from the top of the list.
At the end of March, the 10 funds under CAITONG Fund (A and C shares are not consolidated) ranked among the top 20 in the active equity list with a performance growth rate of more than 7%. As of April 29, none of the 10 funds had entered the top 20 of the list.
The net value of these 10 funds has changed greatly since April, and the withdrawal of net value has exceeded 13%P align = “center” performance overview of 10 CAITONG funds this year
