Due to the outstanding performance, the popularity of QDII** remains high. Wind data shows that benefiting from the overseas market**, the average return of the public offering QDII** that has been running for one year in 2023 is 4.94%。
With the completion of the disclosure of the public offering ** quarterly report, the latest holdings and operations of QDII**, which has attracted much attention, have also surfaced.
In the fourth quarter of 2023, a number of QDIIs** were highly favored by funds. According to wind statistics, as of the end of the fourth quarter of 2023, ChinaAMC Hang Seng Internet Technology ETF, ChinaAMC Hang Seng Technology ETF, Huatai Pineapple CSOP Hang Seng Technology ETF and other quarter-end scale rose sharply, all of which increased by more than 5 billion shares from the end of the third quarter of 2023. On the whole, QDII (type + hybrid) maintained a high ** operation, ** at more than 80%. In terms of specific investment directions, U.S. stocks and Hong Kong stocks are still the key areas of QDII**. It is worth noting that the information disclosed by a number of QDIIs** shows that the proportion of U.S. stock assets will decline in the fourth quarter of 2023, while the proportion of Hong Kong stocks and A-share assets will increase.
Looking forward to the first quarter of 2024, Zheng Xi, manager of E Fund's Global Growth Selection** (QDII)*, said that the fundamentals of the AI server industry chain, medical services, and robotics-related industries are still relatively clear and have long-term allocation value. Morgan Stanley** said that overall, the probability of a soft landing for the U.S. economy is increasing, and it is expected that the Fed will continue to revise its expectations for interest rate cuts in the first half of the year, which may once again put some pressure on the valuation of global risk assets in the future. For the A** market, under the policy catalyst, short-term market funds are concentrated in state-owned enterprises and dividend sectors, but the siphon effect is caused to the growth sector, so the market is more differentiated. Bottom-up industry selection and selection is more important, on the one hand, for the future stable operation, abundant operating cash flow, capital expenditure decline of the company is worth paying attention to, such companies have a strong repurchase capacity, on the other hand, the early market systemic downturn brought about by some subdivision of the industry leading companies were wrongly killed, such companies have a high cost performance. 16 products have a yield of more than 50%.
The release of public offering ** results has attracted much attention from the market.
As of the end of the fourth quarter of 2023, there were 241 QDIIs** on the market, with a total size of 3,6523.8 billion yuan. Among them, the **type** is the mainstay, and the number accounts for 5975%, and the scale accounted for 8270%, which is a significant increase compared to the previous quarter. In the fourth quarter of 2023, 8 of the 10 QDIIs with the most significant growth in the market size are **type**, mainly tracking industries such as Hang Seng Technology, overseas broad-based indices and pharmaceuticals.
In the fourth quarter of 2023, the scale of ChinaAMC Hang Seng Technology ETF increased by 318.7 billion yuan, with a scale growth rate of 1286%。The fastest growing bond QDII** is Yinhua USD Bond Select A, which is mainly the allocation of institutional funds. In terms of returns, Huabao Overseas Technology A received the highest single-quarter return, **24.53%。
In fact, benefiting from overseas markets**, QDII**'s overall performance in 2023 is outstanding.
Wind data shows that the average return of public QDII** in 2023 that has been running for one year is 494%。
Specifically, there are 16 QDII products with a yield of more than 50% in 2023. Among them, GF Global Select RMB is priced at 6608% rose first, and ChinaAMC Global Technology Pioneer RMB 58The yield of 19% ranked second in the performance of active equity QDII**.
According to public information, GF Global Select RMB was established on August 18, 2010. As of January 8, 2024, the yield since its inception is 30784%。In terms of operations, in the fourth quarter of 2023, the ** will continue to invest in the artificial intelligence industry. The proportion of A-share and Hong Kong stock assets increased
According to the latest quarterly report, E Fund Asia Select managed by Zhang Kun has undergone structural adjustment in the fourth quarter, and the top ten heavy stocks have changed.
Among them, Chaowei Semiconductor newly entered the top ten heavy stocks, and China Merchants Bank, which was originally the ninth largest heavy stock, withdrew. TSMC in the semiconductor industry was promoted to the second largest heavy stock in the fourth quarter of 2023, with 550,000 shares, also a decrease of 1538%。In addition, information disclosed by a number of QDIIs** shows that the proportion of U.S. stock assets will decline in the fourth quarter of 2023, while the proportion of Hong Kong stocks and A-share assets will increase.
In the fourth quarter, the top 10 heavy positions of Wells Fargo Global Healthy Life QDII** were adjusted, among which the top 10 heavy stocks of A-share listed companies such as New Industry, Lingrui Pharmaceutical and Samsung Medical were newly adjusted. According to public information, Lingrui Pharmaceutical was listed on the Shanghai Stock Exchange on October 18, 2000, and is a high-tech enterprise mainly engaged in the production and operation of drugs, medical devices and health food. According to the 2023 quarterly report disclosed by E Fund Global Growth Select A, the top 10 heavy positions of QDII have been adjusted, and Baoxin Software has newly entered the top 10 heavy stocks in the fourth quarter. Bohai ** research report pointed out that in view of the multi-pronged policy level, the A** field is about to usher in the expected recovery process, considering that the current valuation is still low as a whole, the market has room for upward repair. Keep an eye on technology and the Internet
In recent years, domestic investors have gradually set their sights on overseas markets, and more and more public offering institutions are also seizing the opportunity to layout.
Looking forward to 2024, leading technology and Internet companies will continue to be the focus of managers. Li Yaozhu, Global Select** Manager of GF, believes that under the development trend of multimodal artificial intelligence in 2024, there are five industry trends worth paying attention to: after SaaS software is added to strengthen artificial intelligence capabilities, the production efficiency of enterprises and individual users will be greatly improved, and the relevant targets will be the first choice in 2024; Computing power is still in short supply, but there will be some changes in the pattern, and custom silicon chips will be the fastest growing field; The cloud computing platform landscape will change further, and cloud platform companies that embrace AI will benefit; In the era of artificial intelligence, cyber security will be more important than any time in the past history, and we are optimistic about this sector for a long time; Blockchain technology will be used for copyright protection in the era of generative AI, and this technology is likely to be used significantly. In the early days of AI development, the opportunities are still huge, and investment opportunities will be looked for in these areas in the future. In recent years, domestic investors have gradually set their sights on overseas markets, and more and more public offering institutions are also seizing the opportunity to layout. Investors' demand for diversified asset allocation and outbound investment has increased significantly. Vigorously developing QDII is conducive to providing investors with global investment services to meet their global asset allocation needs. CCB Emerging Markets Preferred Mixed** Manager said that the market outlook continues to be optimistic about the recovery of the global semiconductor cycle, and continues to hold chip leaders and technology leaders in global emerging markets and U.S. stocks that benefit from the development of artificial intelligence. At the same time, we will continue to pay close attention to the changes in the direction of the market, pay attention to the impact of the Fed's interest rate cut expectations on the market, and strive for higher long-term returns in the continuous adjustment of the market.
Article**: 21st Century Business Herald).