According to choice data, in the first three quarters of 2020, the average return of equity funds is 26.99%. Among them, the average yield of hybrid funds is as high as 27.62%, followed by stock funds, with an average yield of 25.46%.
Specifically, in the hybrid fund, compared with the first half of the year, a number of funds came from behind in the third quarter. As of September 30, the Great Wall Fund accounted for two of the top five products, among which the Great Wall environmental protection theme hybrid had the highest yield of 94.4%; the Great Wall Jiuding mixed period yield was 91.86%, ranking the fourth; the other three funds were contracted by Agricultural Bank of China Huili fund, the second and the second The third place was the Agricultural Bank of China (ABC) research select mix and ABC industry 4.0 mix, with the return rates of 94.33% and 94.04% respectively; the fifth place was 89.29% during the new energy theme period.
In addition, there are few pharmaceutical theme funds for other products with a yield of more than 80%, mainly including Nord value advantage hybrid, ICBC strategic emerging industry hybrid a, Nord cycle strategy hybrid, GF new economy hybrid a, Huashang Xinan flexible hybrid, ABC Huili Haitang three-year fixed hybrid funds.
Among the stock funds, as of September 30, Guangfa high-end manufacturing stock a won the championship with a yield of 95.68%; the second was ICBC strategic transformation stock, with a yield of 82.09%; the third was China Merchants pharmaceutical and health industry stock, with a return of 81.67%. In addition, 19 investment promotion industry selected stock funds, industrial and Commercial Bank of China Frontier Medical stock, Guangfa medical and health stock a, ChuangJin Hexin medical and health care stock a, and Bank of communications pharmaceutical innovation stock, with a net value growth rate of more than 70%. It is not difficult to see that although the champion of the first half of the year changed, the medical theme fund still dominates the red list.
The first financial reporter also found that in the first three quarters of this year, there were 32 equity funds whose net worth fell by more than 10%, while there were only 5 hybrid funds in the same period. Index funds are the hardest hit areas for stock funds to lose money. Among them, the A / C range of Taikang bank index fell by more than 28%, and the lof of Penghua Bank of Hong Kong also fell by 27.18%. In addition, many index products only related to the Hong Kong stock market such as Shanghai Investment Morgan Standard & Poors Hong Kong stock connect low wave dividend index a / C, Hang Seng qianhaigang stock connect high dividend low volatility, CAITONG China Securities Hong Kong Dividend Equity Investment Index A / C, Huabao S & P Shanghai, Hong Kong, Shenzhen, China enhancement (LOF) C and other index products only related to the Hong Kong stock market suffered serious losses.
Fixed income downturn
In the first quarter of this year, the average yield of hot bond funds was only 73%. Among them, the secondary bond base performed the best in the fixed income products, with the overall yield of 5.94%; the yield of the primary bond base, long-term pure bond fund and medium and short-term pure bond fund were 3.69%, 1.9% and 1.8% respectively. According to the latest research report of Ping An Securities, the structure of economic recovery in September has changed. On the one hand, the sales of real estate are slightly weak, and the financing policy of real estate enterprises is stricter, which restricts the subsequent real estate investment, and the rebound strength of infrastructure investment may be less than expected; on the other hand, the overall recovery of foreign demand is strong, and the short-term resilience of exports is relatively sufficient. On the whole, the domestic demand driven by the real estate and infrastructure investment industrial chain began to slow down, and the marginal force of economic recovery turned to domestic consumption and foreign demand. At the same time, the overall demand continued to warm up, prompting production to maintain a high level. Ping An Securities believes that the bond markets fundamental recovery is strong, which is still unfavourable to the market. Meanwhile, although the capital tension in October has improved marginally, it is difficult to make a substantial easing, and the bond market is expected to maintain a volatile pattern. Source of this article: Yang Bin, editor in charge of the first finance and Economics_ NF4368
In the first quarter of this year, the average yield of hot bond funds was only 73%. Among them, the secondary bond base performed the best in the fixed income products, with the overall yield of 5.94%; the yield of the primary bond base, long-term pure bond fund and medium and short-term pure bond fund were 3.69%, 1.9% and 1.8% respectively.