China Department funds to lighten up in last weeks rally

Morning News last week, the stock market continued the rebound, led by blue chip market to continue the momentum of a modest rebound.

However, fund positions operating point of view, the Fund seems to be the prospect of rebound is not very optimistic about the rally last Wednesday, the company, including the China Fund (Confucius News) funds have chosen to lower positions. position measurement data as of February 9,

Desheng Ji Jin Research Center shows that the average position of the direction of partial stock funds last week compared to the previous week were more obvious decline. Comparable

active stock funds weighted average position of 81.39% compared to the previous week down 1.48 percent; partial shares of hybrid funds weighted average position of 75.52%, down 1.37 percent compared to the previous week; configuration hybrid funds weighted average position of 68.81 %, compared with the previous week down 0.88 percent.

estimated that during the CSI 300 index rose 1.73 percent, the existence of the slight passive Masukura effect; less passive position changes, the stock, hybrid funds and partial stock holdings of the initiative are more significant.

last week, the direction of other types of non-equity investments the Funds equity position increased slightly. Among them, the weighted average positions of the Capital Preservation Fund 6.46%, compared to a 0.6 percent increase from the previous week; 9.44% of bond funds weighted average stock positions, an increase of 0.6% compared to the previous week; partial debt hybrid funds weighted average position of 30.69 percent, compared to the previous week increased by 1.03%. From the division of different sizes, the direction of the three-scale partial stock fund positions weighted average change vary.

three types of partial shares of the direction of active funds, large-scale fund-weighted average position was 75.27%, down 1.85 percent compared to the previous week. Medium-sized fund positions weighted average of 80.13%, compared to the previous week down 1.12 percent. Small fund positions weighted average 77.88 percent, compared to down 1.4 percent from the previous week. from a specific fund of view, this week, fund the majority choose rallies to lighten up. Less passive position changes, the 210 Fund initiative to lighten up by more than 2%, 61 of which funds the initiative to lighten up more than 5%. In Masukura Fund 95 fund holdings of the initiative by more than 2%, 26 of which funds the initiative holdings of more than 5%.

last weeks stock market continued to rebound, but the fund sustained rebound and height obvious doubts; initiative rose Wednesday holdings significantly. The view from a specific fund company, the last week, most fund companies choose to lighten up. more than just its

China, the South and other large companies are heavy fund positions have a certain decline in the Chinese market selection initiative to lighten up over 8%. In the holdings of the fund, after positions mild rebound in benefit fund obvious. The Jinyuan Alliances small fund to catch up with the rebound in the pace of collective is substantially Masukura, its previous positions very light Takong resistance to the sale. The BOCOM its part of the fund is also fixed position strategy differences holdings significantly.