Consumer Industry-- A Sustainable long-term Investment theme

Since novel coronavirus triggered sharp fluctuations in the market, the stock market has rebounded. Information technology and non-consumer necessities are the two best performing industries.

How to optimize the consumption theme-- to capture the industries benefiting from the epidemic

The epidemic has changed people's consumption trends, especially in terms of interpersonal networking and e-commerce. For example, people staying at home have greatly increased the number of downloads of social media, conferencing and work applications, and will create huge investment opportunities for industries such as e-commerce and entertainment.

In the case of e-commerce, the categories of food and consumer goods account for the bulk of recurrent consumer spending, coupled with the fact that the COVID-19 epidemic has changed consumption trends and accelerated the process of global digitization, which is a potential long-term investment theme.

$Jingshun Global consumption trend Fund (USD) (LU0052864419.HK) $Accurately grasp this new technology consumption trend and seize investment opportunities. In addition to the layout of physical consumer industries, such as supermarkets, hotels and restaurants, funds also enter the consumer e-commerce leisure industry. By the end of March 2021, the top five positions in the fund were Amazon.Com Inc, Caesar Entertainment Group, Penn National Gaming, Sony Group Corp and Farfetch, with the top ten positions accounting for 37.9%.

After the Spring Festival this year, with the clearance of high-risk areas in the national epidemic and the increase in the popularity of the tourism market, the investment team has long seen this trend and increased the layout of tourism hotels and experiential consumption recovered after the epidemic. At present, China's tourism economy has entered a new stage under the normal situation of epidemic prevention and control, and tourism consumption demand is constantly released. With the growth of residents' disposable income, tourism has gradually become an indispensable consumption demand in residents' daily life, and still has a strong driving force for growth in the future.

Jingshun Global consumption trend Fund-- to create award-winning achievements for five consecutive years

Founded in 1935, Jingshun is an independent investment management company in the United States. Striving to create an excellent investment experience is the long-term goal of Jingshun Group. Fund Award winner Jingshun Global consumption trend FundIn 2020, he won the "Index" Taiwan Annual Fund Award again, creating an uninterrupted achievement of winning the award for five consecutive years.No matter how empty the market is, the vision and strength of the Jingshun investment research team are worth affirming.

As of March 31, 2021$Jingshun Global consumption trend Fund (USD) (LU0052864419.HK) $The cumulative return of 118.25% for the last year is 118.25%. The cumulative rate of return for 3 years is 87.51%. The cumulative rate of return for 5 years is 178.76%, all of which rank in the top 10% of the same kind and are rated as Morningstar five stars.

Experienced fund managers aim at medium-and long-term investment opportunities

The two fund managers who manage the fund have been in the field for 20 years and have rich experience investing in consumption and large and small cap stocks.

JuanR. HartsfieldGraduated from the University of Michigan with a master's degree in business administration, he is currently the portfolio manager of small cap core, small cap growth and leisure products in Invesco. Before joining Jingshun in 2004, he worked as an investment manager in various small-cap portfolios of JP Morgan.

Portfolio Manager of growth Stock Strategy in Jingshun MarketIdoCohenAt the same time, he is also the chief investment manager of Jingshun leisure product portfolio, and has worked at Seligman Asset Management, American Trust and Credit Suisse.

Ido CohenFocusing on the analysis of the technology media and communications industry for many years, he found that with the change of the global consumption trend, especially when the global population of mobile device users breaks through year after year, only by accurately grasping the trend can we get the first opportunity for investment. therefore, focusing on the theme of science and technology consumption is$Jingshun Global consumption trend Fund (USD) (LU0052864419.HK) $The key to being different.

COVID-19 's epidemic and keeping a social distance are the key catalysts for the take-off of e-commerce, which also allowed e-commerce sales to reach a new peak last year. Looking to the future, Ido Cohen pointed out that although antitrust issues among tech giants are heating up and putting selling pressure on technology stocks, they are unlikely to deteriorate or improve significantly. On the contrary, they will be gradually clarified through the US judicial system in the next three years, and under the large-scale stimulus package of the US Federal Reserve and the central bank to promote the influx of funds into risky assets to seek financial rewards, they are still optimistic about the general performance of the stock market. It will focus more on finding stocks that have the opportunity to lead, while some of the large themes held by the fund at this stage, including e-commerce, video games and media streaming, will continue to benefit from current social access restrictions.

Recently, the investment themes of a number of new funds are related to the field of consumption, and the issuance of some funds is also very popular. Historically, the funds that focus on the consumer sector have also emerged in large numbers, and industry insiders believe that such funds are very suitable for investment and long-term layout in the shock city. The so-called "consumption out of bull stocks" is better than long-term stability. As the market fluctuates violently, it is a good time for the bargain-hunting layout of the "residential economy" at this stage.