Original title: Taking first place in the standard mixed base in the past three years, the top 4% of short-term debt, ETF champions, and FOF in the past year. At the end of the first half of the year, Ping An Fund's performance shined brightly
In the first half of 2021, the A-share market experienced ups and downs, and eventuallyShanghai-Shenzhen 300 IndexIt ended with a slight increase of 0.24%. Among them, there is a clear differentiation between industries and individual stocks. The electrical equipment, steel, chemical and other industries rose more than 20% in the first half of the year, while industries such as household appliances, non-bank finance, national defense and military industries fell more than 10% during the same period. How to bring excess income to investors in volatile markets and structurally divided markets is a common issue in the $22 trillion public fund industry.
According toChina GalaxyAccording to statistics from the Securities Fund Research Center, as of June 30, the average net worth growth rate of hybrid funds since this year was 7.80%, stock funds were 8.00%, and bond funds were 1.90%. The overall performance of funds is clearly differentiated, increasingly highlighting the rights and ability of fund managers to manage bond investments.
In recent years, Ping An Fund has continuously strengthened its investment management capabilities and stood out in the industry with its outstanding performance. When Ping An Fund was ten years old, it handed over a copy of the “Secondary School Entrance Examination” questionnaire that did not live up to investors' trust.Haitong SecuritiesAccording to the fund performance ranking list, Ping An Strategy Pioneer ranked first in the past three years in the flexible hybrid active hybrid fund (1/112), and at the same time ranked first in the standard hybrid type (1/69) in the Morningstar China three-year fund performance ranking; Ping An Yuanfeng Short and Medium Term Debt A ranked first (1/285) among open-ended bond fund short-term bond types in the past year. According to the ranking of Galaxy Securities, the Ping An China Securities New Energy Vehicle Industry ETF ranked No. 1 (1/88) among themed index stock ETF funds in the past year. Also, according to statistics from Haitong Securities, Ping An Yingfeng actively allocated a three-month A (FOF) net worth growth rate in the past year, ranking in the top 4% of mixed FOF performance. The performance of the funds under Ping An Fund has blossomed a lot and stars have shone.
The performance of Ping An Fund's active equity funds in the first half of the year was also impressive. Galaxy data shows that as of June 30, more than 30 active equity funds under Ping An Fund outperformed market indices such as the Shanghai and Shenzhen 300 in earnings in the first half of the year. Of these, 15 had semi-annual earnings of more than 10%, 6 exceeded 20%, and 2 exceeded 30%. Judging from the relative rankings, the 11 funds ranked in the top 1/3 of the same category with Haitong Securities in the past year.
Ping An Strategy Pioneer and Ping An Yuanfeng's Short and Medium Term Bonds Double
There are many highlights of the basic equity and fixed income markets
In addition to the outstanding performance of ETFs and FOF, Ping An Fund's active equity investment and fixed income investment have been steady and bright. It has always adhered to the principle of “putting holders' interests first”, continuously consolidating the basic investment and research market, and is committed to creating value for investors and enhancing the investment experience.
In terms of active equity, as of June 30, 15 funds including Ping An Dingtai (LOF), Ping An Strategy Pioneer, Ping An Transformation and Innovation, Ping An Dingyue (LOF), Ping An Anying Flexible Allocation, Ping An Healthcare, Ping An Science and Technology Innovation Closed Operation for 3 Years, Ping An Valuation Selected, Ping An Core Advantages, Ping An Advantage Industries, Ping An Value Growth, Ping An Quantified Selection, Ping An Anan Flexible Allocation, Ping An Rui Xiang Entertainment, Ping An Xinxin Pioneer had a yield of over 10% in the first half of the year. Among them, Ping An Dingtai (LOF), Ping An Strategy Pioneer, Ping An Transformation and Innovation, Ping An Dingyue (LOF), Ping An Six such as An Ying's flexible configuration and Ping An Healthcare have exceeded 20%, and 3 have exceeded 30%.
Looking at the medium to long term, Haitong statistics show that among active hybrid development funds, as of June 30, there were as many as 11 active hybrid development funds in the past year, of which 4 were in the top 10%; in the past two years, there were as many as 10 in the top 1/4 of the 10, of which 5 ranked in the top 10%, with outstanding overall performance.
Among them, Ping An Strategy Pioneer's medium- to long-term performance is particularly outstanding. The ranking of Haitong Securities shows that Ping An Strategy Pioneer ranked 1st in the past three years (1/112) among flexible hybrid active hybrid open-ended funds, ranked 2nd (2/119) in the past two years, 3rd in the past year (3/123), and 4/100 in the past five years. Ping An Dingtai (LOF) also ranked in the top 5% of active hybrid open-ended fund flexible strategy hybrids in the past year (79/1710).
Under the stardom of equity funds, Ping An Fund's active equity investment management capabilities have been steadily improved in recent years and have continued to lead the industry. The list of long-term active stock investment management capabilities of Galaxy Securities public fund managers (2020) shows that as of December 31, 2020, Ping An Fund ranked 12/125, 11/110, 14/94 respectively in the past year, two years, and three years, ranking at the forefront of the industry for three consecutive years.
In terms of fixed income, as of June 30, Ping An Hengze's yield has exceeded 5% since this year, with Ping An Double Bonds Tianyi, Ping An High-grade Bonds, Ping An's 6-month fixed interest bonds, and Ping An Huiyong Pure Bonds, etc., continuing to lead in performance.
Ping An Fund's fixed income investment team also continues to create value for investors in the medium to long term. According to Morningstar China's ranking as of June 30, looking at the past year, Ping An Yuanfeng short and medium term bonds ranked 1st (1/192) among short-term bond funds, Ping An Yuansheng ultra-short term bonds ranked 9/192 among short-term bond funds, and Ping An Huiyue pure bonds and Ping An 5-10 year policy financial bonds ranked 7/128 and 10/128 respectively among interest rate bond funds in the past year. Looking at the past three years, Ping An Double Debt Tianyi ranked 9/143 among ordinary bond funds, and Ping An Huili Pure Bonds ranked 4/162 among pure bond funds in the past three years, all leading the industry.
Standing at the beginning of the second half of 2021, Ping An Fund believes that the A-share market is likely to remain volatile in the second half of the year. As capital entry slows, the capital side of the stock market shifts to a stock game, and the high performance growth rate and biased growth style are expected to outperform. In terms of strategy, economic recovery and emerging growth are still the most certain main lines, and the procyclical and financial sector can also be paid attention to; individual stocks with good performance and reasonable valuations should be selected at the segmentation level.
On the bond market side, the economy is running smoothly, and overall inflation is moderate; the policy has not taken a sharp turn and is mainly stable; capital interest rates have continued to be low and volatility has been low since the second quarter on the capital side, and the probability of capital fluctuations in the second half of the year may increase. The economy, inflation, and policies are generally stable. Interest rate bonds are expected to have no trend opportunities. Range fluctuations are the main, and interest rate certainty is the highest, so opportunities for range grid trading are appropriately seized.
The New Energy Vehicle ETF ranked first in the past year
ETFs and FOF are getting thick and thin
Winning the championship is no accident; behind this is Ping An Fund's continuous progress and exhaustion in investment and research. Index research and innovation strives for excellence, lays out high-quality industry tracks in advance, and stands out in the index investment market where the homogenization trend is accelerating. FOF Investment has achieved continuous advantage in the complex fund market through dynamic strategic allocation, a style that overallocates advantages, and an investment framework for selecting active funds.
According to Galaxy data, the Ping An China Securities New Energy Vehicle Industry ETF (market abbreviation: New Energy Vehicle ETF, transaction code: 515700) has achieved a yield of over 30% since this year. The yield in the past year was as high as 130%, ranking first in its class (theme index stock ETF fund), which also ranked 3/622 among Morningstar's common equity funds in the past year. As of June 30 this year, the latest net worth of the new energy vehicle ETF established one and a half years ago reached 27,148 yuan, and the latest scale exceeded 5 billion yuan.
In addition, Ping An GEM ETF and its linked funds, Ping AnSZSE 300 IndexThe performance of many index funds such as Enhanced Index funds also exceeded 10% in the first half of the year, significantly outperforming the 6.49% and 8.38% average net worth growth rates of 6.49% and 8.38% of enhanced index equity funds during the same period, bringing investors richer options for passive index investment.
Since this year, Ping An Fund has continued to innovate its layout in high-quality industry-themed ETFs, issuing photovoltaic industry ETFs (516180), the first batch of domestic animal husbandry ETFs - aquaculture ETFs (516760), the first A-share “innovative drug+medical device+medical service” ETF - medical innovation ETF (516820), and the first batch of new materials-themed ETFs - new materials ETFs (516890), bringing investors richer choices for passive index investments.
FOF investment also tests the depth and breadth of fund managers in the field of asset allocation, and Ping An Fund is leading the industry in this field. According to Haitong Fund's performance, in the first half of this year, Ping An Yingfeng actively allocated a three-month A (FOF) net worth growth rate of more than 10%, far exceeding the average net worth growth rate of FOF 3.43% during the same period. In the past year, the performance growth rate exceeded 30%, ranking in the top 4% of hybrid FOF.
Management scale, time accumulation, long-term investment performance, and technological empowerment form the four major barriers to asset allocation business. Ping An Fund leads the industry in all four areas. Specifically, Ping An Fund's asset allocation business has four major advantages: first, capital advantage. Ping An Fund's asset allocation team has a management scale of over 60 billion, making it one of the largest asset allocation business management teams in the industry; second, time is the most insurmountable moat. Ping An Fund's asset allocation team can be traced back as early as 2011. Over the past ten years, the team has conducted long-term tracking and research on every potential cooperative investment manager, and the most important actual investment verification; the third is asset allocation ability. Through long-term MOM and FOF practices, it has accumulated rich asset allocation experience over a long period of time. ; Fourth, technological empowerment, reliancePeace in ChinaTechnological advantages, high investment to build advanced systems, and independently develop systems such as KYMF (Know Your Managers and Funds) to achieve full-process management of investment, risk control, transactions, and performance attribution. (CIS)
