Benchmark
55% CSI 300 index + 45% SSE Gov bond index
Investment Objective
The fund seeks stable capital growth in the long term on the premise of risk through asset allocation and flexible investment strategies.
Investment Strategy
This fund uses active large asset allocation strategy through the study of macro strategy which consider all aspects of the macroeconomics, fiscal, monetary, and industry policy and market liquidity.
The fund take a proactive stock selection strategy, combining the “top-down” industry allocation strategy and “bottom-up” single stock picking strategy. According to the judgment of change of macro-economy and market risk characteristics, the fund will dynamically optimize the portfolio, in order to achieve the long-term steady growth of fund assets.
The fund will also keep watching the world and local economics. At the same time, combine macroeconomics data with our country’s fiscal and monetary policy to make prediction about future interest rate, and then decide the portfolio duration. Together with credit analysis and other methods, a bond portfolio can be made.
The fund may participate in index futures. According to the risk management policies, the fund will choose to invest in those liquid, active futures contracts. In order the manage the overall risk of the portfolio, The fund will hedge in the futures market by analyzing the trend of equity market and futures market.
Hwabao WP Fund Management Co.,Ltd. 58/F Shanghai World Financial Center,100 Century Avenue,ShangHai,China 200120
TEL:+86 21 38505888丨Office Fax:+86 21 38505777丨Hot Line:400-700-5588丨Customer Service Fax:+86 21 38924555
