Gem'S Callback Has Become The Focus Of Equity Funds.

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< p > the first quarter of the past quarter, the gem index first rose and then fell and the market index "bottomed out", of which the public funds raised the main institutions to adjust positions is highly concerned by the market.

Since yesterday, the fund has launched a quarterly report, and its investment routes have also been exposed.

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< p > reporter noted that the first quarter's callback has become the focus of equity funds.

Despite the rebound in the bond market in the first quarter, after the "11 super day debt" default took place, fixed income funds also considered avoiding credit risk as the main investment idea.

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< p > Galaxy fund as the first fund company to release a quarterly report, its Galaxy Shanghai and Shenzhen 300 growth rating in a quarterly report said that in the first quarter, the traditional enterprise application Internet sales platform, to achieve business model innovation, breeds great opportunities for development, for which it built a portfolio of related investment targets.

Its fund manager said that with the callback of < a href= "//www.sjfzxm.com/news/index_cj.asp" > gem < /a > index, the market's risk preference is decreasing. In the first quarter, the disposition of real estate stocks and household appliances shares, as well as the configuration of some highly valued software growth stocks, has increased, and the configuration of pharmaceutical stocks and food stocks has been increased.

With the expected warming of the deposit reserve ratio, the expectation of the Beijing Tianjin Hebei plate and the introduction of preferred stock have led to a rebound in the financial real estate sector, and appropriately increased the allocation of real estate stocks and household electrical appliances.

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Less than P, the fixed income market in the first quarter is also not calm.

In the quarterly report, the fixed income products Galaxy Galaxy profit classification bonds, in the joint economic fundamentals and loose funds, the first quarter of the bond market was significantly warmer.

In the first tier market, a total of 1 trillion and 900 billion yuan bonds were issued in the first quarter, of which financial debt issuance accounted for about 1/3.

The demand for corporate bonds has been restored, and the issue volume has increased significantly over the past year, issuing a total of 150 billion yuan.

Affected by the downturn in the equity market, especially the financial sector, the CSI bond index declined, of which the emerging industries and the reform of state-owned enterprises benefited from a strong trend.

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< p > > to the specific operation, the galaxy profit rating is less than a href= "//www.sjfzxm.com/news/index_c.asp" > bonds < /a >, the first quarter of its portfolio adjustment structure, reduce the location to enhance the combination of liquidity.

In order to guard against credit risk and liquidity risk, the combination reduced the proportion of corporate debt investment.

The positions of convertible bonds continue to improve, with the benefit of state-run reform.

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