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交银施罗德一拖多致重仓股重叠 独门股重挫拖累业绩
2017-08-15 12:42:56 中国经济网
资料显示,芮晨2007年至2009年任深圳尚诚资产管理有限公司研究员、研究副总监;2009年至2013年任国联安基金管理有限公司行业研究员、投资经理;2013年至2014年任浙商证券资产管理有限公司投资主办。2015年加入交银施罗德基金管理有限公司,自2015年5月18日起担基金经理。
此外,从今年以来的业绩数据看,该基金旗下由王少成单独管理的交银成长A/H、交银施罗德成长30两只偏股混合型基金,年内收益率排名均在同类产品后四分之一位。何帅执掌的交银优势行业、交银阿尔法年内收益率排名也是在同类产品后四分之一位。
独门股下跌拖累业绩
交银施罗德基金不仅旗下有些基金持股高度重叠,而且旗下基金扎堆某些个股。根据基金二季报数据显示,交银施罗德基金的独门重仓了泰胜风能和联明股份,其中交银施罗德基金掌控了11.78%流通股的泰胜风能和12.18%流通股的联明股份。具体来看,交银先进制造、交银蓝筹、交银经济新动力和交银施罗德成长30持有泰胜风能股数占流通股比分列为6.19%、3.51%、1.92和0.16%,且这4只基金均非二季度才买入该股,早在一季度就持有该股;交银先锋、交银数据产业和交银科技创新持有联明股份股数占流通股比分别为6.49%、5.26%和0.43%。
但两只股票在二级市场上的走势却着实不佳。泰胜风能在上半年上演了一次漂亮的“高台跳水”,截至8月9日,泰胜风能的股价在二级市场上下跌17.24%,而联明股份,在走了近一年的“慢牛”后,竟然突然来了个“熊抱”,股价更是大幅下跌35.58%。其中,联明股份无疑是拖累交银先锋的“罪魁祸首”之一。以交银先锋为例,根据该基金二季报,基金当季股票仓位高达88.37%,前十大重仓股就占了65.64%,它们的走势就在很大程度上决定了交银先锋净值的走向。该基金所配的十大重仓股中,迄今只有两只股票的股价出现了上涨,其中仅有一只股票涨幅超过两位数;形成对比的是,在出现下跌的8只股票当中,它们今年以来的跌幅均达到了两位数,并且5只股票下跌超过了30%,联明股份是其中最惨的一只。
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