A Share Market Continues To Narrow Volatility Market

After the Mid Autumn Festival, the A share market continued to narrow the shock market, and the major indexes fell slightly. From September 1st to September 21st, the Shanghai Composite Index fell 1.93%, and the gem index fell 1.35%, while the Shanghai and Shenzhen 300 index of the blue chip stocks dropped 1.84%.

Under the backdrop of the overall performance of the stock market, equity funds and mixed funds are not performing well. Most of the equity funds that are mainly invested in the A share market are difficult to perform.

Since the beginning of this year, the net growth rate of the 4 gold ETF has been very close. Therefore, investors should pay more attention to the liquidity of the fund in terms of their specific choice.

After a comprehensive analysis, the author recommends that investors pay more attention to Yi Fang Da gold ETF. First, the Yi Fang Da fund company is the only 4 fund company that has gold ETF, gold ETF connection and gold QDII products, and its gold investment product line is relatively rich.

Secondly, Yi Fang Da gold ETF has strong trading activity in the two tier market, which is conducive to improving the efficiency of investor trading.

The public offering fund management method is divided into five categories: stock funds, bond funds, monetary funds, FOF and mixed funds.

Equity funds in public offering funds are mainly concentrated in equity funds and mixed funds. These two kinds of funds can invest most of their assets in the two level market, so the risk level is relatively high. Because of the 80% stock investment bottom line regulations, the stock funds need to maintain high positions for a long time. Therefore, when the stock market is weakening, few stock funds can make profits in the opposite direction. Although the location of the hybrid funds is flexible, it is possible to avoid risks by adjusting the positions in time.

It can really avoid the risk of market withdrawal and achieve stable profits through active timing and flexible allocation of positions.

According to Jinan Jinxin fund evaluation center, as of September 21, 2016, the average net value growth of equity funds this year is -9.94%, and the average growth rate of the mixed funds is -7.44%.

Specifically, most of the funds that occupy the top position are fixed growth themes, gold themes and Shanghai Hong Kong deep theme funds.

For example, the nine Thai smart smart add mix, Qianhai open source gold and silver jewelry theme selection and flexible configuration of hybrid A, Qianhai open source Shanghai Hong Kong Shenzhen blue chips selected flexible configuration hybrid.

Because the fixed increase theme funds are mostly open regularly, investors need to consider opening hours or subscribe to the newly issued fixed funds if they want to invest immediately.

Therefore, the author focuses on the recent Shanghai Hong Kong Shenzhen theme fund and the golden theme fund.

According to the author's statistics, there are 18 fund management companies in the public offering fund market, which manage 33 deep Shanghai and Hong Kong Theme funds, 24 of which were established in 2016.

From the perspective of issuers, Qianhai open source fund management company has a total of 8 Hong Kong and Shenzhen theme funds, 7 of which were established in 2016, complying with Hong Kong and Shanghai.

Big situation.

In addition, Shanghai Oriental Securities Asset Management Co., Ltd. manages 5 companies, Baoying and rich countries manage 3 funds, and other fund management companies manage 1.

It is not difficult to see that with the opening of Shenzhen Hong Kong Tong, many fund management companies in 2016 layout the Shenzhen and Hong Kong deep theme funds.

Because Shenzhen and Hong Kong's deep theme funds are mostly set up for a relatively short time, there is no long-term past performance for reference.

Therefore, the author focuses on 9 Hong Kong and Shenzhen theme funds established before 2016. The average net value growth rates of the 9 funds in the past three months and this year are 6.74% and 9.37% respectively, which significantly outperform the average net growth rate of the mixed funds 2.42% and -7.77% over the same period.

Specifically, the 9 funds in the best performance of the Qianhai open source, Shanghai, Shenzhen and blue chips selected flexible allocation of mixed, the fund in this year, the net growth rate of 14.63%.

According to its semi annual report in 2016, the proportion of the fund investing in Hong Kong stock accounts for 87.34% of the net value of the fund. Most of the assets allocated by Hong Kong stock are one of the reasons for its net value rise.

In addition,

When choosing Shanghai Hong Kong deep theme fund, we should pay attention to the investment strategy in its prospectuses and the heavy positions issued by quarterly announces, so as to determine the specific investment direction of the fund.

There are 12 gold thematic funds in the public offering fund market, of which 4 are gold ETF, gold QDII and gold ETF.

Taking account of factors such as paction convenience, liquidity and investment threshold, I recommend investors to pay attention to 4 gold ETF products, namely Cathay Pacific gold ETF, Huaan Yi Fu gold ETF, Yi Fang Da gold ETF, and Boshi gold ETF, all four gold ETF are based on the Shanghai gold exchange Au99.99 asset allocation, and the net growth rate of "this year" has reached over 26%, and the range is relatively small.

Because the fund is trading on the spot, a discount premium will be generated by supply and demand, and investors can also carry out arbitrage.

Under the background of global risk aversion, the gold theme fund can be properly configured as a hedge investment.