Performance List Of 10-Year Long-Distance Running Funds: Who Is The "Trump Card" Of 7000 Public Funds?

At present, the number of funds on the market has exceeded 7000, and the latest data of China fund industry association is 7289.

This year's fund issuance is the hottest year in history.

According to the statistics of the 21st Century Institute of capital research, a total of 1068 funds have been issued this year, with an average number of 2.113 billion. The total number of issued funds is nearly 2 trillion, which is 1986.578 billion.

This year's fund boom continues, however, in a wide range of funds, investors will generally only choose a few limited.

What investors want to know most is what are trump funds?

From more than 7000 funds, the 21st Century Capital Research Institute has selected active equity funds, which are popular funds, to screen the performance of 10 years, 5 years and 3 years.

Ten year long distance running ace fund

The screening results were very surprising.

There are only 13 active equity funds that meet the requirement of "the current fund manager has managed for more than 10 years".

According to the annual income ranking from high to low in recent 10 years, including Fuguo Tianhui 16.12%, Galaxy robust 14.48%, Huatai Bairui industry leading 14.38%, huitianfu strategy return 13.84%, Fuguo Tianbo innovation theme 13.83%, huitianfu advantage selection 13.81%, e-fonda industry leading 13.65%, guolian'an 13.26%, guolian'an small cap selection 11.55%, Huaxia revenue 10.68%, Huabao power combination 9.51% Noan pioneer 8.49% and Taixin's advantage increased by 8.80%.

All the fund managers who can stay in the next 10 years.

According to the data at the end of August (the same below), in the past 10 years, the annualized returns of the 13 funds mentioned above ranged from 16.12% to 8.80%, and the annualized returns of 10 funds were more than 10%.

Among them, the 10-year performance champion is Fuguo Tianhui managed by Zhu Shaoxing, with annualized return of 16.12% in recent 10 years and better in recent years, with annualized return of 20.54% and 25.12% in recent five years and three years respectively.

According to public data, Fuguo Tianhui was founded on November 16, 2005. For nearly 15 years, Zhu Shaoxing has been a fund manager, with an annualized return of 21.88%, which is also the best performance among all fund managers with more than 10 years' service life. The current scale of the fund is 13.192 billion yuan, and Zhu Shaoxing only manages one fund.

According to this year's semi annual report, the top 10 heavy positions of Fuguo Tianhui are mainly concentrated in science and technology, medicine and consumption, with a cumulative net share of 39.31%. The top three stocks are national porcelain materials, anche testing, Wuliangye.

In the second quarter, the net value of Fuguo Tianhui increased by 28.28%, and the benchmark performance was 8.69%.

The annual return performance of the 13 funds in recent years is generally better than that of the last 10 years.

The annualized returns of the 13 funds in recent five years are more than 20%, 6 funds are between 10% and 20%, and only one fund is less than 10%. The best performance is that e-fonda, managed by Feng Bo, is the industry leader, with an annualized return of 22.48% in the past five years.

In the past three years, the annualized return of two of them has reached more than 30%, including Huatai Bairui, which is managed by LV Huijian, and huitianfu strategy managed by Gu Yaoqiang, with an annual return of more than 30.30%.

Medium term star fund

As of August 31 (the same below), there are 357 active equity funds (A / C shares are calculated separately, the same below) that have been managed by the same fund manager for more than five years.

Among them, there are only 4 active equity funds with annual return of more than 30% in recent five years.

Liu Yanchun managed the two funds with the highest annualized returns in the past five years - 31.79% for Jingshun Dingyi and 30.79% for Jingshun Great Wall Xinxing.

The 5-year annualized return performance of the two star fund managers of e fund is closely followed by Zhang Kun's small and medium cap and Xiao Nan's 30.09% consumption industry.

In addition, there are 81 active equity funds managed by the same fund manager with annual return of 20% - 30%, 181 between 10% - 20% and 90 between 0-10%.

Among the active equity funds managed by the same fund manager that can be retained for five years, only one of them has a negative return in recent five years.

If the conditions are relaxed and the time is shortened to the last three years as of August 31, and whether the fund managers have been changed or not, 2199 active equity funds have achieved positive returns in the past three years. Among them, only 28 have negative returns in recent three years.

Among them, the total return of 9 active equity funds in recent three years is more than 200%, and the annualized return is more than 60%; the total return of 317 active equity funds in recent three years is between 100% and 200%.

The top three were Guangfa healthcare a, with a total return of 222.95% in the past three years, 222.62% in China EU healthcare C and 222.55% in CEIBS a.

It is worth noting that most of the top active equity funds in recent three years are concentrated in pharmaceutical, technology and consumer theme funds.

Star fund manager teaches you to choose fund

It is very interesting that not long ago, Zhang Kun did not talk about too many routine words in the semi annual report of e fund's medium and small cap (Note: the annual return in recent five years is more than 30%). Instead, he taught investors how to choose funds based on his experience of more than ten years.

He said that the fund has different styles, how to choose for the holders?

"My suggestion is to ask three questions: first, is the investment system of the manager self consistent? Second, is the manager's investment system stable? Third, does my investment system and values match the manager's investment system and values? "

Zhang Kun said that the first and second problems can be roughly judged by observing the position, turnover rate and long-term performance; while the third point is that ordinary holders do not pay much attention to it, but I think it is very important that only the holder's own investment system and values match the manager (that is, how long is the investment cycle recognized by the holder itself? What is the source of investment income? What kind of market are you willing to accept the periodic failure of strategy Only in this way can the duration of holding funds and the duration of stocks held by funds basically match.

Zhang Ting, a senior researcher at GESHANG wealth, said that there are a lot of equity fund explosion funds this year. For fund investment, the most crucial thing is the investment research ability of fund managers.

First of all, from the perspective of long-term performance of fund managers, it is suggested that fund managers should not focus on the long-term performance of fund management from the perspective of long-term performance, such as the long-term performance of fund managers To judge.

In addition, we also need to pay attention to the ability circle of fund managers. From the research background of fund managers and the past position situation, we can see the industry research preference, style attribute, turnover rate, investment philosophy, etc. if the ability circle of fund managers is stable, and constantly evolving, and adhere to their own investment philosophy, then the fund probability rate can be good The benefits.

The management scale of fund managers is also an important issue to be considered. The scale of some fund managers' management increases extremely rapidly. If it is difficult to digest the sudden increase in scale in the short term, it will affect the fund's ability to obtain excess returns. This is what investors need to be vigilant about, especially in the relatively high market. The faster the scale increases, the more difficult it will be in later operation.

Zhang Ting pointed out that for ordinary investors, if the above-mentioned process is too complicated, they can make a rough judgment through simple ways: first, observe whether the performance of fund managers' management products can rank in the first quarter of the same category in most natural years, and try to observe the period of observation more than three years; second, to observe whether the scale of fund manager management increases in a single natural year More than 10 billion or more, especially in the high position in the market, requires additional attention.

According to Yang Delong, chief economist of Qianhai open source fund, for investors, one is to look at the past performance of the fund; the other is to look at the volatility of performance. If a fund's net value growth is relatively stable and its performance is steadily rising, you can sleep soundly when you buy such a fund, and you won't lose money no matter when you buy it; thirdly, it depends on the stability of the fund manager, and the fund manager changes Fourth, we should consider the size of the fund. How large-scale fund performance will be better? Generally, it is no less than 500 million yuan and no more than 5 billion yuan, and 2 billion yuan is better for performance.

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