Gem Growth, Innovative Growth Style Fund Successfully Counter Attack

With the growth of the gem, some growth stocks style funds have also successfully attacked.

Like the movie "Cinderella", which has been showing off, after the last year's grey adjustment, these growth style funds have completed a magnificent turn and have successfully reached the top of the fund rankings.

At that time, these Cinderella funds began to limit purchase to control the scale.

However, some market participants say that from the trend of market decline in March 17th, growth stocks are facing adjustment pressure. Maybe Cinderella's "midnight twelve point" bell is about to ring.

Xiaoli, a Shenzhen based economist, found that a fund that he had preferred since the start of the year could not be purchased through a banking channel, and the bank almost sold all the other funds of the same fund company.

Through consulting fund company, Xiao Li realized that the fund he was going to buy was only through the official website.

The total amount of purchase is 20 thousand yuan per day.

The staff of the fund company told Xiao Li that the fund might close its purchase in the near future.

Similar situations exist in other fund companies.

In order to maintain stable performance, limiting large purchases or suspending direct purchase is a common measure to maintain ranking in the fund industry.

Statistics show that nearly half of the top 20 funds that have increased the highest level this year have restricted purchase or suspended purchase.

Among them, rich countries, low carbon and environmental protection, rich mobile Internet, huitianfu consumption industry, Baoying new value, Galaxy theme strategy, Galaxy industry optimization (519670) and other 6 outstanding funds have restricted large purchase.

The two top 10 funds, namely, the rich and private, and the easy growth, are also suspended.

It is not difficult to find that these outstanding funds are by virtue of this year's growth stocks rebounded, the successful recovery of the blue chip riots in December last year, the fund rankings again "the city head change the flag".

Fund investors borrowed the plot from the movie "Cinderella", which is a metaphor for "Cinderella", that is, after the last year's grey adjustment, these growth style funds completed their magnificent turn and succeeded in the top of the fund rankings.

In fact, Cinderella can only finish its gorgeous pformation on the basis of its beauty in nature, and these growth stocks funds are not only firmly optimistic about the development space of the emerging industries, but only in time.

Opportunities for rebound.

On the other hand, the restriction fund is often the "sweetheart" in the eyes of fund companies or fund managers. Most of them are used to impact the ranking, so these premium limit funds are particularly attracting attention.

In the movie Cinderella, when 12 o'clock sounds, Cinderella will be beaten back to its original form.

The near future

The sharp rebound in the index has also raised concerns among some market participants.

More market participants believe that the "12 o'clock sound" is far from coming.

"The gem index has entered the stage of frenzied speculation. It has been hard to see whether the valuation level has been effective.

From the perspective of the logic of economic pformation, it is right to stir up the growth enterprise market, but the result of the rise of dogs and dogs will inevitably lead to bubbles.

Yang Delong, chief strategist of the southern fund, said.

Not only is the gem, but in March 17th, the Shanghai composite index just turned to 3500 points and then turned down. Although the close ended on 3500 points, many market participants said that 3500 resistance was obvious.

However, more public offering people are still optimistic about this year's market.

INVESCO the Great Wall fund investment director Yu Guang said that regardless of the wind to which plate blowing, the impact of the concept is only short-term. If we look at the long-term perspective, only by grasping the fundamentals, profitability and growth of the company can we get a more stable expected return.

For the 2015 market, Yu Guang is relatively optimistic.

He believes that the market can be seen from five aspects: first, monetary policy is in a relaxed cycle, and this cycle can last longer; second, the dividends of reform will gradually improve market expectations; third, the logic of residents' increase in equity asset allocation is still in operation; fourth, from the valuation point of view, the overall valuation of A shares is not high; fifth, the internationalization of China's capital market, Shanghai and Hong Kong through and A shares are included in the global stock index, which is expected to bring incremental funding in the long run.

In terms of theme, SOE reform, "along the way", the Internet, real estate and so on have opportunities, and the key is to pick out the good companies.