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· good regrets has Fund yuze · fengji logic Investment Bank unit fund management fee or by performance received enhanced means base performance than pure means base electric branch homes break Wang yawei high playing new into mystery Guangzhou country light will increased lifted Bo Shi Fund floating losses Fund increased distribution food and wholesale retail private continuous five months run lost market national day Xin months site revealing three quarter layout opportunity and over, machinery device industry total market reached 295.6 billion yuan, increased has 15 billion yuan, accounted for fund investment stock of proportion, also from 15.5%, improve to 17.1%; financial insurance industry accounted for all fund holding proportion, from 12.44%, improve to 13.5%, holds of market increased has 8 billion yuan. Meanwhile, 2010 scenery of pharmaceutical, biotechnology, information technology, forestry, animal husbandry and fishery, wholesale and retail and many other industries suffer a collective sharp reduction of the Fund.
61 firms vote with their feet, leaving large heat consumption and investment in new industries in late 2010, back to the cycle of stocks and investment ideas. After more than a quarter after adjustment, extractive industries became a plate of the minimum size of the Fund, their relative positions of standard industrial configuration and low 12.25%.
And financial and insurance after a quarter gallon, current positions is still lower than the standard 8.27%.
That is, on the financial and mining stocks, most funds subsequent unwinding space.
Medical information high jiancang fund company collective jiancang plate, large consumption of almost all 2010 of good and new industries.
Most evident including forestry, animal husbandry and fishery was abandoned in the first quarter, market value of farming, forestry, animal husbandry and fishing accounts for Fund positions, from $ 24.84 billion, shrinking to $ 13.4 billion, almost these conditions. And the first half of 2010 scenery infinite biomedical and information technology industries, continue in the process of being jiancang. By the end of the first quarter of 2011, fund companies hold $ 98.59 billion information technology industry stock, $ bio-pharmaceutical industry stocks.
And just three months ago, the two figures are respectively $ 120.37 billion and $.
Despite being market value of Fund ownership fell and 18%, respectively, biomedical and information technology is still obvious Super distribution fund company, two industries, bio-medicine Super with 3%, information technology Super with 2%. "From the perspective of future market developments, general direction of the bio-pharmaceutical industry there is no problem, accounting for a share of the market value should also be expanded, so we will continue to maintain a degree of super distribution.
"A heavy cartridge biomedical firms tell Money week.
And partly from the beginning of the second half of 2010 jiancang biomedical firms said that under the market underestimated the value of the main theme of this year, doesn't think much of biomedical sector as a whole in the short term opportunities. Huaxia lead heat round underestimated value cycle unit abandoned small caps switching cycle unit leader, is the industry leader China Fund.
Huaxia Fund said in its review of its policy in the first quarter of the Fund, in the coming quarter, are optimistic about valuations repair financial and property stocks, and good demand and supply situation, lower valuations of cycle units, and that the theme investment will continue to be active, quality consumer, small and medium market such as growth stocks with absolute gains from the long-term space but may lack the relative benefit in the short term. China asset view, reflects the view of the considerable number of big fund company.
"Low value" and "cycle" in the fund company was frequently mentioned in the policy.
Wind data display in the first quarter, property stocks held by the fund companies market value of the 4.5%, also ranked in all industries. But the real estate sector is not like financial services, steel, machinery and equipment, have caused major bunker reaction, one of the reasons may be pressure while property shares have been affected by policies, fund companies still value the rebound opportunities. Starting from the previous quarter, the market value of a small industry, has been in a State of hyper-distribution.
