In addition, the above-mentioned five fund managers continue to apply to the CSRC and the stock exchange for the listing and trading of the fund shares of the five innovative future funds, and open the over-the-counter fund units transfer trading service.
The ant strategic placement fund launched the exit plan, to protect the interests of investors as a starting point, given investors full choice, by the industry and abroad unanimously praised, this also opened a precedent in the fund industry.
A variety of exit ways to pioneer the industry
The managers of the five ant battle matching funds have previously issued a joint statement saying that they will apply for the listing and trading of fund units, and the holders can sell their fund shares on the spot. At present, the work is in progress.
The specific plan is as follows: five innovation future funds will add class B shares, which are only used by the existing fund share holders to apply for withdrawal. When the holder submits an application, the holder can convert the previous shares to class B shares and automatically redeem and withdraw.
The holder may file the relevant application from 0:00 on November 23, 2020 to 15:00, December 22, 2020. After that, the application for conversion to class B shares will not be accepted and the class B shares will be cancelled. The holders who do not choose to withdraw will continue to hold the original shares.
All the fund management fees from the establishment date of 22 months to 2020 and the future fund management fees of the fund holders from the establishment date of 22 months to 2020 shall be exempted.
At the same time, the fund managers continue to apply to the CSRC and the stock exchange for the listing and trading of fund shares of five innovative future funds, open the OTC fund units transfer trading service, and provide long-term services for fund holders to sell their fund shares on the exchange.
If the investors choose not to withdraw their shares and continue to hold their shares, the fund manager has good operation experience and ability in the professional field, and the fund still retains the opportunity to participate in the strategic placement of Listed Companies in the future. Long term holding is conducive to better investment experience.
In terms of the net value of products, all the five innovation future funds, which have been established for more than a month, have achieved positive returns, with the highest product growth of more than 3.5%, which is the China EU Innovation future fund. According to the daily fund network, as of November 23, e-fund, huitianfu, Huaxia, Penghua, and China EU innovation have achieved 1.3%, 0.52%, 0.57%, 0.8% and 3.6% respectively since their establishment.
Fund manager will not withdraw from self purchase shares
In addition, a number of fund managers have purchased their own fund products and have said that they will not withdraw from the self purchase shares.
Zhou Yingbo, the manager of China EU Innovation future fund, made it clear that he would do his best to manage, accompany each user in the process, and take the interests of the holders as the core starting point.
Zhou Keping, manager of Huaxia Innovation future fund, said in a letter to investors that according to the 18 month closed operation idea, the investment style is to focus on investment in growth stocks, and is better at selecting individual stocks than industry rotation and macro allocation. We hope to find industries and companies that rely on technological innovation, mode innovation and organizational structure innovation to push forward the continuous development of Chinas economy and society. Under the guidance of this idea and framework, in the past month, we have done a lot of analysis, discussion and research together with the companys researchers, hoping to explore opportunities through bottom-up in-depth research.
In the strategy of building a position, Zhou Keping adopted the strategy of safety cushion, that is, he made a positive layout of stock positions on the basis of accumulated safety cushion. Focusing on the theme of innovative future, we invest in emerging industries with long-term growth space, especially in the fields of scientific and technological innovation, biomedicine and emerging consumption. In the recent month, the market style has changed, and the industries represented by traditional cyclical stocks have performed better, which has brought some pressure on the short-term operation of products. Therefore, the net value does not show outstanding performance in the short term.
Zhou Keping said that from a longer perspective of 6-24 months, the recent market style switching has brought about the adjustment of growth plate, which has made him full of confidence in the future. From June to July this year, the rapid growth of the growth industry represented by semiconductors and vaccines has made excellent companies overdraft a lot of space for the future. At that time, it was the most disturbing time for us. Today, we can see that many excellent companies have experienced 10% or even more than 20% of the withdrawal, and the profits of enterprises are still being realized, and their growth logic and space are still clearly visible. After the release of risks, we think it is time to look more optimistic, analyze seriously and choose long-term outstanding stocks more comfortably. Huitianfu Fund said that from the perspective of investment opportunities, in the context of high-quality development, more and more high-quality investment opportunities are emerging in the equity market. Continuous technological innovation and progress, transformation and upgrading of consumption structure, digital development trend, innovative technologies and services in the field of medical and health, and comparative advantages of made in China in the division of labor in the global industrial chain are all facing unprecedented new industrial opportunities, which also mean many new investment opportunities in the future. Source of this article: Chen Hequn, editor in charge of securities companies in China_ NB12679
Huitianfu Fund said that from the perspective of investment opportunities, in the context of high-quality development, more and more high-quality investment opportunities are emerging in the equity market. Continuous technological innovation and progress, transformation and upgrading of consumption structure, digital development trend, innovative technologies and services in the field of medical and health, and comparative advantages of made in China in the division of labor in the global industrial chain are all facing unprecedented new industrial opportunities, which also mean many new investment opportunities in the future.