“Running” 5 years, the Geng Fund is still down and out.
According to the public information, since December 31, 2018 solstice, January 19, 2021, the fund size of Zhonggeng Fund has increased from 894 million yuan to 9.389 billion yuan, an increase of 950.22%. However, it only has 4 funds and 2 fund managers, and the average tenure of fund managers is only 1 year and 89 days, ranking 120 among 158 fund companies.
In addition, the four funds nearly June yields are floating green. According to the daily fund network, Geng Geng Fund in the value of flexible allocation of mixing (007497), Geng value leading mixing (006551), Geng small-cap value stocks (007130), Geng value quality holding period (011174) in nearly six months of yield are -2.54%, -5.21%, -0.15%.
Source: Daily Fund Network
Among them, in terms of ZhongGeng Fund’s ZhongGeng Value Pilot Mixation (006551), as of February 1, ZhongGeng Value Pilot Mixation has increased by 20.93%, -5.21% and -3.21% in nearly 1 year, nearly June and nearly March, respectively. The performance continues to decline, and the recent trend is green, and the net growth rate in the fourth quarter of 2020 is worse than the performance comparison benchmark.
GPLP rhino finance found that by the end of the fourth quarter of 2020, the value of heptyl pilot mixture of top 10 holdings of willow medicine shares respectively, sunshine town, ue shares, yunghsin, jian sheng group, jiang shares of vibration, everbright bank, industrial and commercial bank of China Pacific, the bank (601398. SH) and chengdu, add up to 52.57% of total net value, accounting for more than fifty percent.
In this regard, China Geng value pilot hybrid report in the fourth quarter of 2020 shows that the quarter, China Geng value pilot hybrid still focus on the broad manufacturing and banking, real estate and other pro-cyclical industries.
It is worth noting that, by the end of the fourth quarter of 2020, the top 10 holdings of ZhongGeng Fund are Liuyao Co., Ltd., Yangguang City Co., Ltd., Yongyi Co., Ltd., Zhenjiang Co., Ltd., Lijun Co., Ltd., Gensheng Group Co., Ltd., Xinlong Health Co., Ltd., FAW Fuwei Co., Ltd., Torch Electronics Co., Ltd.