"Science And Technology" And "Science And Technology" And "Making Money" Effect

The second quarter report of the fund will be disclosed in 2020.

According to the data of Tianxiang investment consulting, the profit of public funds in the first half of 2020 will be 726.852 billion yuan, with a year-on-year increase of 10.75%.

In the second quarter, it made a profit of 755.727 billion yuan, while in the first quarter, it lost 28.875 billion yuan.

The reporter of 21st century economic report found that star fund managers contributed a lot to the profits of fund companies and brought obvious profit making effect. Judging from the data, these fund managers concentrated their heavy positions in consumer, technology and pharmaceutical stocks in the second quarter.

The fund company made money

In the second quarter of 2020, which fund companies' funds make the most money?

According to Tianxiang investment consulting data, 139 of the 143 fund managers have achieved profits, of which 24 fund managers have made profits of more than 10 billion yuan, while only four of the bottom ranked fund managers have lost money.

In the second quarter, e Fund ranked first in the fund making list, with a total profit of 56 billion yuan. The second was Huaxia Fund with 55.1 billion yuan, and the third was Guangfa fund with 49.4 billion yuan.

The top 10 followed closely were huitianfu fund of 43.3 billion yuan, Fuguo fund of 36.1 billion yuan, Harvest Fund of 31.8 billion yuan, southern fund of 29 billion yuan, China Europe Fund of 23 billion yuan, Xingzheng Global Fund of 22 billion yuan, Hua'an fund of 21.5 billion yuan.

So, what kind of fund contributed the most profit to the fund company?

According to the data of Tianxiang investment consulting, among the 755.727 billion yuan made in the second quarter of 2020, the profits of equity funds contributed the most, among which the profits of hybrid funds and stock funds at the end of the second quarter were 404.959 billion yuan and 148.843 billion yuan respectively.

In addition, in the second quarter of 2020, the profits of Monetary Fund and bond fund of fixed income fund were 85.669 billion yuan and 76.66 billion yuan respectively.

In addition, the profits of QDII, fof and commodity funds in the second quarter were 2.299 billion yuan, 3.6 billion yuan and 4.667 billion yuan respectively.

Star fund manager Lianyi

According to the data of Tianxiang investment consulting, the most profitable hybrid fund is Guangfa technology pioneer and Guangfa Shuangqing upgraded a managed by Liu Gesong. The scale at the end of the second quarter was 25.738 billion yuan and 18.772 billion yuan respectively, and the profits in the second quarter were 5.329 billion yuan and 4.450 billion yuan respectively.

In addition, the top 10 funds with second quarter profit included Ruiyuan's growth value of a4.45 billion yuan, noan's growth of 4.390 billion yuan, Xingquan Heyi of 4.191 billion yuan, e-fund's medium and small cap of 4.133 billion yuan, e-fund's blue chip hybrid of 3.982 billion yuan, Guangfa's small cap of a3416 million yuan, Jingshun's growth of 3.268 billion yuan, and Wanjia optimization of 3.108 billion yuan.

All these funds are managed by star fund managers, including Liu Gesong, Fu Pengbo, Xie Zhiyu, Zhang Kun, Liu Yanchun, Huang Xingliang, Cai Songsong, etc.

Among them, there are two funds under Zhang GEKUN.

Overall, high position is the fund's choice in the second quarter. At the end of the second quarter, the positions of equity funds increased significantly compared with that at the end of the first quarter. Among the open-end funds at the end of the second quarter, the average positions of stock and hybrid funds were 88.14% and 75.26%, respectively, while the corresponding data at the end of the first quarter were 83.52% and 70.48%, respectively. The positions in the second quarter increased by about 5 points compared with the first quarter.

In the second quarter, equity funds generally increased their positions, so did star fund managers.

Take Liu Gesong as an example. According to the second quarter report, Liu Gesong continued to take a heavy position in technology stocks and small cap stocks, and his stock position increased compared with that in the first quarter. At the end of the second quarter, the average stock position of the funds he participated in management was 89.76%, an increase of 5.77% compared with the end of the first quarter. Among them, GF diversified emerging, small cap growth, dual engine upgrading and innovation upgrading have accounted for more than 90% of the net fund value at the end of the period.

Fu Pengbo managed the growth value mix of Ruiyuan. At the end of the second quarter, the stock position accounted for 91.13% of the total assets of the fund, slightly higher than 89.99% at the end of the first quarter.

Consumption, technology and medicine are king

From the perspective of fund positions in the second quarter, the areas of medicine, science and technology and consumption are the most popular areas of public offering.

According to the statistics of Tianxiang investment consulting, by the end of the second quarter of 2020, the top 50 heavy positions of the fund were mainly concentrated in consumer goods and services, information technology and pharmaceutical industries.

Among them, there are 18 companies in the consumer goods and service industry, including Guizhou Maotai, Wuliangye and Luzhou Laojiao in liquor industry, Midea Group and Gree Electric Appliance in home appliance industry.

In addition, there are 14 companies in the information technology industry, including Hengsheng electronics, Jinshan office, UFIDA network, etc. in the field of computer software, there are Zhaoyi innovation, Sanan optoelectronics, Yiwei lithium energy, etc.

In addition, there are 8 companies in the pharmaceutical industry, including Hengrui pharmaceutical, Mindray medical, Aier Ophthalmology, Kangtai biology, etc.

The investment of star fund managers is also mostly concentrated in these fields. For example, Liu Gesong's heavy stocks are mainly concentrated in the fields of science and technology and medicine, such as Kangtai biology, Longji, Yiwei lithium energy, Shengbang, etc., mainly focusing on software technology and biomedicine.

The growth value mix of Ruiyuan managed by Fu Pengbo is similar. The top ten heavy positions at the end of the second quarter were guoci materials, Longji, Xinwei communications, Lishun precision, Dongfang Yuhong, Wanhua chemical, kailitai, Renfu pharmaceutical, sannuo biology and mengwang group.

Zhang Kun's heavy positions in consumer goods, such as e-fonda's medium and small cap stocks, include Huzhou Laojiao, Guizhou Maotai, Wuliangye, Aier Ophthalmology, Tiantan biology, Hualan biology, Tongce medical, Shanghai airport, Supor, Yutong Bus, etc.

Fund managers are very logical.

Liu Gesong said in the second quarter report of Guangfa science and technology pioneer that in the second quarter of 2020, the market differentiation is relatively obvious, and high-quality growth stocks are unanimously recognized by the capital market. The fund focuses on the allocation of cloud computing, semiconductor, medicine, new energy based growth industries. We believe that with the continuous investment of 5g construction, there is still a large space for the industry to grow in the future. At the same time, with the alleviation of the overseas epidemic situation, the new energy industry began to recover, and the overseas demand improved significantly. In addition, the fund also appropriately increased the allocation of pharmaceutical service industry.

Xie Zhiyu said in Xingquan's second quarter report that the stock position of the fund was relatively stable during the reporting period, and continued to adhere to the operating concept of selecting individual stocks from bottom to top. In terms of structure, the high-quality manufacturing industry leader and pharmaceutical consumption stocks held in the early stage continue to be held, and at the same time, the long-term value and cost-effective target are also sought. Medium and long-term overall value structure is the main support, and the overall value is suitable.

In the second quarter report of e fund's blue chip selection, Zhang Kun said that in terms of operation, the fund's stock position increased in the second quarter and adjusted its structure. It reduces the configuration of transportation and other industries, and increases the configuration of Internet and other industries. In addition, in order to judge the expected rate of return on investment, we have allocated a high proportion of high-quality companies in Hong Kong stock connect. We believe that within the investment scope of RMB assets, the equity of high-quality companies in Hong Kong stock connect is a very attractive equity asset. In terms of individual stocks, we still hold high-quality companies with excellent business model, clear industry structure and strong competitiveness.

In the second quarter report of Jingshun Great Wall's excellent growth, Liu Yanchun said that trade friction between China and the United States and the new epidemic situation have a short-term impact on China's economic operation, but are likely to accelerate the development of China's science and technology industry. The trade friction between China and the United States makes us give up our illusions and accelerate the substitution of domestic products; the epidemic situation accelerates the process of digitalization and intellectualization of China's traditional industries.

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