论文部分内容阅读
2004年初至4月26日新发且成立运作的15只开放式基金规模高达1068.49亿份, 15只基金中有6只现金型基金,1只债券型基金,其规模为496亿元。也就是今年4月新增可进股市的基金资金大致为573亿元。新基金的大量发行导致了基金倡导的价值投资理念不再局限在所谓的蓝筹股中,蓝筹为基石,成长为先将成为基金修正后的价值投资理念。结合老基金的配置动向,我们认为,消费类品种的优势个股将最有可能成为新基金的重点配置对象;还有与中国经济上升周期相关联,资源型中的龙头企业也有望进入新基金的视野。
From the beginning of 2004 to April 26, the size of the 15 newly established and operating 15 open-end funds amounted to 106.849 billion. Among the 15 funds, there were 6 cash-based funds and 1 bond fund, with a size of 49.6 billion yuan. In April this year, new fund stock funds into the stock market were roughly 57.3 billion yuan. The massive issuance of new funds led to the concept of value investment advocated by the fund no longer confined to the so-called blue chip stocks. Blue chip was the cornerstone and growth first became the concept of a revised value investment of the fund. Combined with the trend of the allocation of old funds, we believe that the dominant stocks of consumer products will most likely be the key targets of the new fund. In addition, the leading resource-based enterprises are also expected to enter the new fund Vision.