August champion fund awkwardness real estate stocks rose more than 12%- fund channel-3u8895

The August champion fund’s largest real estate stocks rose more than 12%- net fund channel reporter Zhu Xianjia editor Yu Yong a Hengda incoming Bao Wan contest, led to the real estate sector overall hot market. Correspondingly, the top three active management fund in August, without exception, are all heavily engaged in real estate stocks. In the face of booming real estate market, some public fund said, in spite of the asset shortage under the background of the real estate boom this year is different from previous logic, but once the price is too large or exacerbate all kinds of regulatory policy rhythm, money will have to evacuate; next quarter plate on the layout of the high price, one is the choice of valuation the advantage of the high cycle plate, one is selected to benefit the supply side reform of the industry benchmark. Beware of real estate real estate stocks in August but heavily loaded funds have earned pours. This month, Vanke led the entire real estate sector to become a hot market, individual real estate stocks doubled in a month, 5 stocks rose more than 40%. This upsurge directly radiates to the performance of the relevant fund. According to the Oriental Wealth Choice data, since August, the real estate stocks fund performance is particularly prominent. In the active management of the fund, since August net increase respectively the largest selection of 10000, Wan Jiarui Xing, Li Jiaxin million, net growth were 12.34%, 11.08%, 10.67%. According to the two quarterly report, 3 fund investment real estate stocks accounted for the proportion of the net fund between 18.2% to 28.5%. The two quarter fund’s 6 funds are overweight real estate fund performance, the recent sharp reversal. However, in the face of booming market, the property market regulation policy from first-tier cities to second tier city 174, part of the real estate market began to appear signs of cooling. In addition, a number of departments have issued financial policies, from financing, take credit for the property market, three drop xuhuo. See the property market booming, vanguard fund investment research department director Mo Haibo also began to remind investors of the stock valuation risk, the future admitted to the concrete analysis of the underlying stocks, there is still room or smaller can continue to hold. But for overvalued real estate stocks, many market participants believe that this wave of market performance is fierce, the future of the real estate sector or into the consolidation period. Shanghai, a large fund companies fund manager pointed out that in the purchase limit credit policy, the real estate sector of the stock market is not optimistic about the future of high economic cycle and the main opening to the supply side reform industry benchmark. The opening of the two line recently, "health China blueprint" and supporting the planning were introduced, the demonstration effect mechanism is very optimistic about the medical industry in the supply side in the reform. "The recent field of medicine ushered in the high-level policy support," China blueprint health "and" health Chinese planning ‘, which means that the pharmaceutical industry supply side reforms has been kicked off. The next two to three years, the pharmaceutical industry is strong strong pattern, backward enterprises will be eliminated, good normative listed companies. The second half of the pharmaceutical industry will have great opportunities." A large private placement told the Shanghai Stock Exchange reporter frankly. From the pace of fund research, we can see that the institutions are on the medical and pharmaceutical sector.

八月冠军基金重仓地产股 净值涨逾12%-基金频道  记者 朱贤佳 编辑 于勇   一场恒大入局的宝万之争,引发了房地产板块的全面火爆行情。与之相对应,8月份主动管理基金业绩前三名无一例外全部重仓押注地产股。面对异常火爆的房地产行情,部分公募基金坦言,尽管在资产荒背景下今年房地产暴涨与以往逻辑不同,但一旦涨幅过大或加剧各类调控政策的出台节奏,资金势必撤离;下季度重点布局高性价比的板块,一类是选择有估值优势的高景气周期板块,一类是选择受益供给侧改革的标杆行业。   谨防房地产虚火   8月份重仓地产股的基金均赚得盆满钵满。该月,万科领衔整个地产板块成为市场热点,个别房地产股在一个月内实现翻倍行情,5只个股涨幅超过40%。   这股热潮直接辐射到相关基金的业绩上。据东方财富Choice数据,8月以来,重仓地产股的基金表现格外突出。在主动管理型基金中,8月以来净值涨幅最大分别为万家精选、万家瑞兴、万家新利,净值增长分别为12.34%、11.08%、10.67%。根据二季报,3只基金投资房地产股占基金净值的比例均在18.2%至28.5%之间。二季度万家基金旗下有6只基金均超配房地产,基金业绩近期大幅逆转。   然而,面对异常火爆的市场,楼市调控政策从一线城市到二线城市层层加码,部分地区房地产市场开始出现降温迹象。此外,多个部门也陆续出台金融政策,从融资、拿地、信贷三方面为楼市降虚火。   看到楼市异常火爆,万家基金投资研究部总监莫海波也开始提醒投资者注意个股的高估值风险,其坦言未来要具体标的具体分析,涨幅较小仍有空间的个股可以继续持有。但对于高估值的地产股,不少市场人士认为,这一波行情表现猛烈,未来地产板块或进入盘整期。沪上某大型基金公司基金经理则指出,在限购限贷政策下,对地产板块的行情并不乐观,未来加仓主要转向高景气周期以及供给侧改革标杆行业。   加仓两条主线   近期,“健康中国蓝图”以及配套的规划相继出台,机构十分看好医药医疗行业在供给侧改革中的示范效应。“近期医药领域迎来高规格的政策扶持��‘健康中国蓝图’以及‘健康中国规划’,这意味着医药行业供给侧改革已经拉开序幕。未来两到三年,医药行业是强者恒强格局,落后企业将被淘汰出局,利好规范的上市公司。医药行业下半年将蕴藏较大的机遇。”一家大型私募人士对上证报记者坦言。   从基金调研的步伐也可以看出机构对医药医疗板块的重视程度明显提高。8月份,3只医药医疗个股获高频调研。其中,一心堂最受机构青睐,有20多家公募到访,部分私募、券商也青睐该公司。除一心堂,东阿阿胶和精华制药也有基金密集调研。接受采访的多名基金经理指出,指数在3000点附近,市场资金面以存量博弈为主,大健康板块估值较为合理、成长性较好,是攻守兼备的最佳选择。   券商人士也指出,中长期来看,供给侧配套改革才是驱动市场风险偏好继续回升、资金持续注入的重要因素。预计下半年相应改革会陆续迎来配套文件出台,重组兼并试点也有望陆续展开,国企改革相关标的也将迎来投资机会。   此外,多数机构指出,短期内A股面临的利空基本出尽,市场悲观情绪得到宣泄。存量博弈行情下,沪指在3000点附近会出现一定程度的整固。短期来看,高景气周期行业有望受益估值差吸引大资金,如新能源汽车、高端制造、电子、农业、白酒及部分化工品等在前期回调后显露出投资价值。相关的主题文章: