The Fund Industry Has Fallen Into A Huge Loss Of &Nbsp; Where Is The Fund Company Reforming The Shan He Road?

In the history of the second big losses, the fund industry entered the "cold winter".

In 2011, 873 of the 64 fund companies

In the context of last year's "double share debt", all types of funds fell almost completely. Only money market funds and guaranteed funds realized profits. Other types of funds suffered losses last year. Stock and mixed funds lost 314 billion 700 million yuan and 152 billion 300 million respectively, becoming the hardest hit of losses.

Data show that equity funds and hybrid funds lost 314 billion 659 million yuan and 152 billion 262 million yuan respectively last year. Close funds subsequently lost 219 billion 3 million yuan. QDII fund lost 14 billion 855 million yuan in poor overseas environment. After a four quarter improvement, bond funds narrowed their losses and only lost 2 billion 570 million yuan.

The money market fund has become the only profit spot of the fund industry. Last year, the fund made a profit of 5 billion 798 million yuan.

From a single fund, WIND statistics show that 812 of the 970 funds are in deficit and the loss area is as high as 83.7%.

After a substantial loss, the fund almost completely lost its ability to pay dividends.

Statistics show that as of the end of last year, the total net income of various funds could be -2129 billion yuan.

"Because of the erroneous judgement of the market trend, we have always maintained a higher position, which is the biggest mistake of investment strategy in 2011."

A fund company official said.

"Drought, flood and water conservation" is being questioned.

Although the fund industry suffered huge losses in 2011, fund companies still received a lot of management fees.

Data from the institutions show that in 2010, the fund industry realized a profit of 5 billion 82 million yuan and took away 30 billion 200 million yuan management fee. In 2011, however, the collective loss of the fund industry was 500 billion 447 million yuan, and the management fee of about 28 billion 800 million yuan was still taken away.

While the wealth of the capital has shrunk, the situation of fund companies' "drought and flood protection" has also been questioned by investors.

Some investors believe that the income of fund managers and fund companies is not linked to the fund performance they managed, resulting in a weak sense of responsibility of the fund investment team.

However, management fees do not all flow into fund companies' pockets.

Wind data show that in 2011, the fund maintenance fees paid by the fund company to the sales channels amounted to 4 billion 741 million yuan, an increase of 101 million yuan compared with the same period last year, up 1.12 percentage points from 2010.

Some analysts believe that most of the fund's performance last year is negative. Under the "money loss effect", the fund's marketing is very difficult, resulting in a rise in the follow up commission rate. On the other hand, the number of funds issued last year reached 279 historic ones, leading to congestion in the channel, so the tail Commission increased.

It is noteworthy that the sharp decline in the investment income of the fund industry for two consecutive years has also shaken the confidence of the foundation, and the unprofitable fund holders "voting with feet" began to "run away" the fund.

Statistics show that in 2011, in addition to the IMF, other kinds of funds, especially equity funds, suffered a large amount of net redemption.

"How to retain old holders is imminent."

A fund industry insider told our reporter that the loss of the holders is the grim situation facing the fund industry. Especially the majority of those who have lost funds are all redeeming funds due to losses or long-term losses. If there is no obvious money making effect in the future, these customers will hardly return to the fund market.