The military industrial fund celebrates the "Golden week" to split shares and accept new funds.

After the rapid rise in the net worth of military industrial funds, some military industrial funds are going to be split. The military industry fund has performed amazingly in the last week, and the top 50 on the weekly list are almost all military industry funds. Since the third quarter, the military industrial sector has continued to attract capital attention. On the one hand, the share of the military industrial fund is significant, and funds continue to flow in; on the other hand, military industrial stocks continue to attract the attention of fund managers, and the proportion of public positions in military industrial stocks has increased significantly compared with the second quarter. Market participants believe that the split will not only help to lower the trading threshold and improve liquidity, but also help to attract new funds and expand the scale in a critical period. The net worth rose too fast the military industrial fund split on November 3, the Yi Fonda China Securities military Industry Fund issued a notice that the company decided to split the fund share of the Yi Fonda China Securities military Industry Fund. According to the contents of the announcement, the split rights and interests registration date of the fund share of the military industrial fund is November 11, 2021, and the share split date is November 12, 2021. The split ratio of the fund share is 2, that is, each fund share is divided into 2 shares. Industry insiders believe that the reason for the split of ETF funds is usually to meet the needs of the majority of investors and improve the trading convenience of the split funds. The high price of the fund will not only lead to an increase in the amount of ETF redemption, but also make investors afraid of heights to a certain extent. for the listed ETF of exchange trading, the lower unit net worth can also lower the trading threshold and facilitate the improvement of liquidity and activity. In addition, people in the fund industry in South China believe that the split will attract an influx of new funds and dilute fund stock positions. In the short term, in the case of a volatile city, split funds may be more resistant to falls. The size of the military industrial fund has been rising steadily in the third quarter. The total share of the fund increased from 386 million at the end of the second quarter to 460 million at the end of the third quarter, according to the three-quarter report disclosed by the Yifangda China Securities military Industry Fund. In addition, Warburg China Securities Defense Industry, Cathay Pacific China Securities military Industry, and Penghua China Securities Defense also showed significant scale growth, of which the fund share of Penghua China Securities Defense increased from 1.657 billion at the end of the second quarter to 1.891 billion at the end of the third quarter. Is the ascent channel open? Although the military industrial fund has not yet become the mainstream of the market in the first three quarters, its performance is also impressive. Data show that so far, the rate of return of Huabao China Securities military Industry has exceeded 15% so far this year, the rate of return of Yi Fangda China Securities military Industry this year has been 9.7%, and the national defense income of Penghua China Securities has also increased by 7% over the same period. Cathay Pacific China Securities military Industry and Huabao China Securities military Industry also showed positive gains. A key message is that most of the increase in the net worth of military industrial funds has occurred in the last month, or even in the last week. Take the Huaxia military security fund as an example. The income of the military-themed fund has risen 13.6% so far this year, while its net worth has risen by 7.6% in the most recent week. In other words, the main gains of the military industrial fund so far this year have actually occurred in the most recent week, and this situation is more common in the military industrial fund during the year. For example, the income of Yifangda China Securities military Industry has been 9.7% so far this year, and its net worth has risen by 6.3% in the most recent week. A reporter from the Securities Times noted that in the last week, more than 70% of the fund products with a net worth increase of the top 50 are military-themed funds, and the increase in net worth in the most recent week has significantly improved the performance of the military fund for the whole year. A considerable proportion of the income of military industrial funds turned red during the year, thanks to the recent week. Obviously, with the landing of military industrial orders of listed companies at the end of the year and the confirmation of advance collection next year, the net value of military industrial funds will probably rise further, which may be an expected factor for the relevant funds to split their fund shares. At the same time, fund managers are also actively increasing the proportion of military stocks in public offering funds. Galaxy Securities's analysis of the three quarterly reports of public offering funds found that the fund's share of military stocks increased significantly during the third quarter of 2021. By the end of the third quarter of 2021, the proportion of military industrial positions in public offering funds was 4.02%, an increase of 1.2% over the same period last year and 0.93% month-on-month growth. In this regard, Galaxy Securities believes that with the release of production capacity in the industrial chain, the superimposed industry continues to have a high demeanor, and the investment value of the military industrial plate is prominent, and the index is expected to continue to rise. The 10 billion fund greatly increased its holdings of military industrial star fund managers to add military industrial shares to the core stock pool, which further confirmed the above information. According to the third quarterly report disclosed by the Agricultural Bank of China Huili Research selected Fund, star fund manager Zhao Qiu transferred fighter aircraft manufacturer Shenfei into the top 10 stock list during the third quarter of this year. In addition, the fund's second largest position is Zhenhua Technology, which is also the leader of military electronics. Zhang Fan, another 10 billion fund manager and senior vice president of the stock investment department of Huaxia Fund, also significantly increased his holdings of military stocks in the third quarter. According to the information disclosed by the Huaxia Xinxing growth Fund managed by Zhang Fan, AVIC Optoelectronics and AVIC Tech entered the top 10 stock list during the third quarter, while increasing their holdings of military communications leader 712 in one step. Citic Construction Investment Research News pointed out that as of October 30, 102 listed companies in the military sector have all released three quarterly reports for 2021. In the first three quarters of this year, the net profit of the listed companies reached 28.014 billion yuan, an increase of 22.38% over the same period last year. Excluding targets with large non-recurrent profits and losses, such as China Shipbuilding Defense, the net profit of military industrial enterprises increased by 37.19% over the same period last year. The performance of the military industry in the first three quarters of 2021 is excellent, and the accounts received + contract liabilities have increased steadily in recent years, indicating that the industry is in a state of active production and stock preparation, and is expected to achieve a full picture., Prosperity. Huaxi Securities believes that the recent intensive appearance of new models and improved models of aviation equipment has eliminated the concern about the lack of stamina for the development of successor equipment and the sustained growth rate of military enterprises after the batch production of this round of equipment. coupled with the catalysis of the surrounding situation in the southeast and southwest, the attention of the military industry plate has increased. From a game point of view, the military industry index has outperformed the market many times in the New year market. In the new year market, with the improvement of market risk appetite, the attention of the military industry sector is expected to continue to increase, and the military industry index may reach a new high. The certainty of military stocks seems to have become the consensus of the fund. A person from the Great Wall Fund said in a recent inter-brokerage exchange that since the fourth quarter, with the increase in orders for upstream components, there may not be as many ways to obtain high-frequency transparent data and information as new energy. however, it will also judge the scene from the monthly shipments, which can be obtained from the public data. under this catalysis, market confidence in the military industry will be restored. Be optimistic about the military sector market at the end of this year and early next year.