On December 20, Capital Bonds learned that the key words of the stock market in 2021 cannot be separated from shock and differentiation. Under the circumstance that the market style has changed significantly, about 10 billion stock fund managers have made considerable profits in a year with difficult investment, but about 10 billion stock fund managers have not been able to quickly adapt to market changes, resulting in negative profits or even huge losses .
According to choice data, as of December 31, 2020, there were 111 stock funds in the market, with a management scale of more than 10 billion (total of various stocks). As of December 17, 2021 this year, 50 of the above 10 billion funds have achieved positive returns. In particular, the top three returns of the “10 billion funds” are covered by new energy-themed funds. Income Champion is managed by ABC Huili New Energy Theme Company. As of December 17, 2021, the fund has earned 59.51% this year. As of December 31 last year, the fund management scale was 15.313 billion yuan. As of September 30 this year, the fund management scale increased to 25.918 billion.
Second, Huaxia Energy Innovation ranks second. The fund, managed by Zheng Zehong, earned 47.58% this year, and Cinda Aoyin New Energy, managed by Feng Mingyuan, ranked third in terms of revenue, with 46.48% so far this year.
It is worth noting that behind the outperformance of more than 10 billion equity funds, some funds are still underperforming overall. As of December 17, 2021 this year, the average return of the above-mentioned 111 10 billion funds was 0.37%, and only 10 10 10 billion funds had a return of more than 20% this year. The fund with the lowest income this year returned -18.89%, nearly 80 percentage points lower than the income champion. A total of 191 billion funds have lost more than 10% this year.
Due to the obvious differences in the performance of 10 billion funds, a blue fund manager in Beijing pointed out that this year’s A-share market presents a structural market, and themed funds naturally have an advantage in income rankings. Funds with more unified allocations will rank lower in the market this year if they cannot adjust their investment fields in time. Compared with medium-sized funds, tens of billions of funds are costly and difficult to adjust the investment direction, and often cannot adapt in time when the market style changes.