"Star" fall.
1
Beauty lost
Another anotherPlanting "Beauty Fund Manager".
In January 2024, A shares can be described as a "storm and blood".Essence
In this context, some people have counted a list of fund products in January 2024.
From the table, the top three in the top list are the selection of Taixin Small and Small disk, Penghua Carbon neutral A, and CCB Electronics Industry A.31%.
▲ Picture Source: Bay Area 007
Everyones attention: Yan Siqian.
Who is Yan Siqian?According to the Daily Fund Network data, Yan Siqian was a former Huachuang Securities Analyst, and the business manager of BOC International Securities, Fund Research Department Fund Manager.In January 2022, he joined Penghua Fund Management Co., Ltd., and currently serves as the general manager, investment director, and fund manager of the three equity investment.
It can be said that Yan Siqian is a foreign aid dug by Penghua Fund. The information shows that the best fund during his office is as high as 306.25%.It is worth mentioning that Yan Siqian is also a well -known "Beauty Fund Manager", once relying on high -value.
But look at her current performance, but she is not as bright as her face, a green grassland.
From the perspective of specific products, this time on the list of Penghua carbon neutral and theme mixing A.24.68%, set up to fall 22.70%.Penghuas emerging growth of emerging growth of Shanghai and Shenzhen, a mixed A, fell 24.59%in the past March, and fell 54.91%in the past three years.There is also Penghua New Energy Vehicle Mixed A, which fell 24.52%in the past March, and established 45.57%.
What is more exaggerated is the Penghua Innovation Future Mix (LOF), which has fallen 41.80%in the past one year, and has fallen 68.75%in the past 3 years. This can no longer be described by chopping, but the knee is cut.
This performance is basically the end of the same product. For example, Penghua Innovation Future Mixing (LOF) has a similar ranking of 3472/3549 in the past year./1651.
Thinking about the year, Yan Siqian was famous for his mixing A of the ICBC New Energy Vehicle, and was once named the title of "New Energy Goddess".After joining the Penghua Fund, Yan Siqian was once known as the goddess of new energy and a sister of new energy.
But who has thought that in the past two years, new energy has fallen heavy, and the new energy goddess of that year has already fallen. No wonder some people say that in the investment community, the value may be the most unreliable.
2
"National Fund Manager" fall
Following Yan Siqians tube fund products, you can find a lot of interesting things.Take Penghua Innovation Future Mix (LOF), Yan Siqian is regarded as a "receiver". Data show that the product was originally at the helm by Wang Zonghe and was raised on September 25, 2020, and was once received.After only one day, the fund reached the upper limit of the raising scale of 12 billion yuan, and had to end the fundraising in advance.
In a boom, the 12 billion scale Penghua Innovation will be established in the future, and the closed operation of 18 months is opened.The announcement shows that the number of valid fundraising and subscribed households of the fund reached 2.866 million.
At that time, Wang Zonghes limelight was flourishing. It can be imagined that more than 2.8 million investors were full of expectations.But the ideal is full, but the reality is very skinny.
After 18 months, the funds net value fell to 0.6, which means that the loss has reached 40%. If it is held until now, the funds net value has fallen further to about 0.3, a loss of nearly 70%.
That is to say, if you invested 1 million at the beginning of the foundation of the fund product, only now, only left to the present, there are only left left left, left left, there are only left left.Thousands of 10,000 -a set of houses in third -tier cities are lost.
Seeing the product falling endlessly, in March 2023, Penghua Fund announced that Wang Zonghe resigned as the "company work arrangement" reasons and resigned as the manager of the Penghua Innovation Fund.
The successor of Wang Zonghe is Yan Siqian.I thought the "new energy goddess" ability turned the tide. This decline has almost caught up with the "predecessor" Wang Zonghe.
It was only more than three years, and the past 10 billion yuan funds had fallen by nearly 70%, and a lot of investors fry the pot.
In the past two years, the voice of questioning on the stock bar is one after another.There are also investors named Wang Zonghe-
"Penghua Wang Zonghe maliciously operated the position, which seriously damaged customer assets and earned improper benefits from it"
"Real names Report Penghua Fund Penghua Innovation Future Wang Zonghes reverse operation has been buying and selling high, let us suffer" ...
Wang Zonghe was once known as the "National Fund Manager".In July 2020, Wang Zonghes managed Penghua ingeniously selected mixed first -issuance. The first day of subscription funds reached 137.1 billion yuan. This number refreshed the record of the purchase and subscription of single public fund issuance at that time.
After the war was sealed in the First World War, Wang Zonghes personal management scale also soared from 3.334 billion yuan in 2019 to 52.284 billion yuan in 2020.
But the good times are not long.A has fallen 44.12%in the past three years, and investors have retreated crazy.
Seeing the stars falling, in the face of the doubts of countless investors, Penghua Fund even "Xuezang" by Wang Zong. To this day, Wang Zonghe has not been in charge of fund products.
3
"Star-based Plan" miscalculation
Wang Zongs combination is not alone.
According to the combing of the titanium media, from the third quarter of 2020 to the third quarter of 2021, the Penghua Fund has "burst out" -
Penghua Consumption Mixed by Wang Zonghe, Penghua Environmental Industry Stocks managed by Meng Hao, Penghua Outflow Mixing Mixed by Chen Xuanmiao, Penghua Health and Environmental Mixing by Jiang Xin, and the Mixture of Penghuas value advantage in Xie ShuyingOnly the products ushered in the peak moment.This is a high time that belongs to the Penghua Fund.Behind This "grand occasion", in addition to the factors of the environment, it is inseparable from the "star creation plan" of Penghua Fund.
Wang Zonghe is a typical example.Prior to 2019, Wang Zonghes management scale did not exceed 10 billion, and he was unknown.According to the study of the wealth observation room, began in 2019, Wang Zonghes "shake off" products with poor income, coupled with the companys marketing, packaging and publicity, gradually became a "national fund manager".
It is also held in front of the stage, as well as a fund manager of Liang Hao, Xie Shuying, Chen Xuanmiao. But now, these "stars" performance is hard to say.
Take Liang Hao as an example. The current fund performance is green. The emerging industry of Penghua, which has been in Fengyun, has a loss of 24.11%in the past year and a loss of 26.55%in the past two years.
The well-known "Beauty Fund Manager" Yan Siqian, also one of the epitome.
Behind this huge drop, it is related to the strategy of Penghua Fund.
A few years ago, Penghua Fund adopted a decentralized layout, taking several star fund managers as an example, Liang Haos main attack, military industry, communication, etc.For new energy, Jiang Xin prefers consumption and medicine, while Chen Xuanmiao pays more attention.
But in the later period, many products of Penghua Fund were questioned "style drift".
Lets take a look at the positions of Penghua Innovation Future Mix (LOF) in different stages of different stages.This is the case in the fourth quarter of 2020-
The 4th quarter of 2021 became like this-
In the fourth quarter of 2022, it became like this-
The Penghua Consumer Fund should be mainly invested in the consumer service industry in accordance with the contract requirements, but in fact, it also caused a lot of losses in heavy warehouse photovoltaic photovoltaic and electric vehicle batteries.
This "hanging sheeps head, selling dog meat" operation method once caused investors dissatisfaction, and it was more obvious when losing money.
Interestingly, despite the bleak performance in the past two years, the management fee received by Penghua Fund has increased.
According to the statistics of the explorer, the annual management fee income of Penghua Fund was only 640 million yuan.3.823 billion yuan is nearly 6 times the original!It was also in 2022, the investment loss of Penghua Fund was as high as 24.627 billion yuan.
Objectively speaking, the Banhua fund foundation is still very deep.As one of the "old ten family" in the industry, its management scale exceeded 920 billion, and now it has dropped a little, and it is still nearly 800 billion yuan.
But the product losses are so large, but the management fee has been charged so much. Investors want an explanation-
Why does the people bear huge losses, but the fund company can keep drought and flooding?This problem is worthy of pondering the entire fund industry.
