The Fund Market Is Hard To Get Out Of The Interval Market Volatility In The Short Term.

At present, the three quarterly reports of the 109 public funds are all released.

Weather statistics show that, in the three quarter, the overall profit of public funds increased from two quarter to 86 billion 9 million yuan, benefiting from the recovery of the market.

Many stock valuations are still expensive. It is hard to see the bull market in the market. However, in the process of market turbulence, investment opportunities of some stocks will appear again and again.

We should extend the investment cycle, pay more attention to the in-depth study of fundamentals, and be more patient with the layout of the medium and long-term targets.

In the fund's periodic reports, fund managers will express their views on the future market. On the whole, fund managers believe that the bull market is hard to see. In terms of opportunity choice, they emphasize the importance of the bottom line and the quality of listed companies.

Among them, the IMF made a total profit of 28 billion 836 million yuan in the three quarter.

Bond funds also made a lot of money and their profits reached 18 billion 435 million yuan.

Stock fund returns rose, earning 12 billion 121 million yuan, and the hybrid fund realized a profit of 19 billion 128 million yuan.

Positions, statistics show that the three quarter of the overall position of the fund did not change significantly, of which the average stock position is 88.4%, the average position of hybrid funds is 61.41%, a little higher than the end of the two quarter.

From the three quarter of the fund's position data, the fund holding market value of the industry statistics, manufacturing, information software services and

Top three.

In the scale of fund companies, the Celestica fund ended in the first quarter of the three quarter with a scale of 832 billion 79 million yuan; the ICBC Credit Suisse fund increased by 76 billion 585 million yuan in the three quarter, and increased to second by 558 billion 964 million yuan at the end of the three quarter; the Chinese Fund ranked third on the scale of 536 billion 396 million yuan, and the three quarter of Huaxia Fund increased by 20 billion 700 million yuan.

The manager of the southern merit growth fund expects that the fundamentals of the economy will be the bottom of the performance of the limited open domestic capital market, especially the smooth or even slight improvement of the economic data, the further advance of the reform, and the relocation of the capital allocation affected by the real estate regulation, which will have a positive impact on the market valuation and corporate profits, and promote the upward trend of market risk preference, but the fine adjustment of China's loose monetary policy, the acceleration of equity financing in the capital market and the strict supervision.

Opening and other factors also restrict the market.

Lin Jingyi, thematic fund manager of state-owned enterprise reform, said that in terms of investment strategy, it will focus on the four investment lines of mergers and acquisitions, governance optimization, performance improvement and asset revaluation, closely following the theme of SOE reform and adjusting according to the actual market changes.

The fund managers of rich and new high-tech industries believe that from the perspective of the growth space of the industry, the penetration rate of new energy vehicles is very low, and the industry is far from mature. The military information industry is also in the start-up stage of growth, and the electronic industry still has structural opportunities.