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权益类基金发行升温 “爆款”频出传递出哪些信号?

2017-11-08 06:50:57   中国经济网

每经记者 李蕾 每经编辑 江月

基金发行“入冬”从年初说到了现在。当时间临近了2017年的尾巴,市场上突然来了几记"王炸",打破了之前的平静。

最新的一个"爆款"产品来自嘉实基金,该公司旗下的嘉实价值精选股票型基金仅仅募集3天便宣告提前结束募集,而最新出炉的基金合同生效公告显示其有效认购总户数为67392户、净认购金额66.1亿元,为11月的基金募集开了一个好头。

港真,最近爆款基金确实略多,《每日经济新闻》记者已经有点应接不暇了。随手举几个例子吧:9月19日,封闭了3年的东方红睿丰打开,在每人限买10万元的情况下,银行渠道单日销售仍达百亿规模;9月26日,华泰柏瑞量化阿尔法成立,大卖51.54亿元;10月24日,中欧恒利三年定开混合基金"一日售罄",首募规模达到70亿元;还有这次的嘉实价值精选,三天募集超过60亿元……

真是不算不知道,一算吓一跳。

下面,记者就为大伙儿整理了近几个月的畅销基金情况,供各位参考(份额分开计算)↓↓

从上述统计大家可以看到,近2个月以来首募规模超过20亿元的基金中,权益类的竟然占了绝大多数。去掉一些特征比较眼熟的债券型基金,权益类基金的发行情况出乎意料地好。

值得一提的是,除了前面说的几只明星基金,首批FOF基金的表现也相当令人瞩目。截至10月31日,首批6只公募FOF基金全部完成募集,其中华夏聚惠稳健目标的发行份额为46.91亿、南方全天候策略33.03亿、嘉实领航资产配置28.64亿、建信福泽安泰27.92亿、海富通聚优精选21.59亿、泰达宏利全能优选8.27亿。6只基金合计募集总规模达166.36亿元,大大超出市场此前的预期。

这样一来的直接后果便是,近期发行的新基金也在逐渐向权益类偏移。数据显示,当前正在发售的134只新基金中权益类相关产品占比近70%。而如果按照基金成立日来计算,10月混合型基金的平均发行份额为15.39亿份、创下近两年新高;而11月截至目前的平均发行份额为21.76亿份,势头之猛可见一斑。

另外,公募基金的股票仓位也在持续上升。国元证券研报显示,今年三季度,全部696只普通股票型和偏股混合型基金的股票仓位由二季度的85.11%上升至87.45%,并且对主板的配置比例呈持续上升态势。

那么,为什么在这个当口权益类基金的发行突然开始了升温了?这当然和基金自身的情况密不可分。例如嘉实基金方面就公开表示,嘉实价值精选股基畅销的主要原因包括:第一,嘉实自身沪港深基金的品牌已经显露;第二,嘉实基金对港股市场比较看好;第三,基金经理谭丽管理的嘉实新消费股票业绩好,带来一定的光环效应。

就此,盈米FOF研究院研究总监万晓微对记者指出,近期受到热议的多只畅销基金,更多地还是明星基金经理号召力强大,"管理的产品在过去取得客户良好的评价,明星效应比较强烈"。

除此之外,市场环境的变化及其带来的投资者信心的增加,也起到了很大的推动作用。以港股为例,今日恒生指数高开高走,一度涨逾1%、突破29000点关口,创下近十年新高。乘着这股东风,近段时间发行的沪港深基金募集情况都相当不错。

万晓微表示,偏债、偏股型基金产品发行之所以出现此消彼长,主要是因为股票市场转暖、投资人对慢牛行情的憧憬,以及今年偏股型基金业绩好于"直接买股"等原因。同时,权益类基金的出色表现,叠加债市目前较多的利空因素,也使得权益类基金的销售获得投资者青睐。

"正在发行和等待发行的产品中股混基金数量占比70%以上,这是个很可观的数字。股混基金发行数量较多,可归因为股票市场转暖、大家对慢牛的憧憬、今年股混基金业绩好于单独买股票的收益等因素。"万晓微说道。

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