Even in September the risk for the performance of stock

□ Morning News reporter Zhang Jiabing

The ups and downs in September has been accompanied by the past National Day vacation, to January's vote was not even risk the monthly performance of the stock.

Xianyihouyang limited the decline

In September, to accelerate the decline in the first half of A shares to be approaching the end of the good management of the three co-stimulated by the "limit" rebound. Shanghai and Shenzhen stock markets on behalf of all A shares in circulation in the cards in circulation in the September index was down 6.77 percent, on behalf of the heavyweights in the performance of the card 100 index fell 6.86 percent, the representative of the second-line blue-chip index fell 200 cards in 4.45 percent, on behalf of small and medium-sized Pan shares in the card 500 index fell 7.42 percent.

As an important performance for even the risk-control of the fund industry, had been due to the sharp Jiancang, it is better than the performance of the market. Card in the stock fund index was down 5.87 percent for the month, the mixed evidence in index funds for the month fell 4.38 percent.

Taikang funds outperform funds

At 9 months, our long-term follow-up of the two major risk even for blue-chip accounts continued to perform well. Xinhua Life Insurance, and the creation of about 1.37 percent declined slightly in September, with all the pre-2008 issue of 191 equity funds, can be reached ninth place; As for the Taikang Life's cast even risk accounts, a positive growth Account was down 1.03 percent, ranked seventh, fund selection can account for slight 0.21 percent increase the second.

In the 191 equity funds, are being implemented in September only to return allies China and Thailand a dividend ETF, and indirectly through investment funds held by the Fund Taikang selected account can outperform the majority of equity funds, can be seen in its choice Fund, the de facto choice and control positions are set.

It is worth noting that, since the selection of Taikang fund account to achieve a positive return in September, so the first nine months of the cumulative return to narrow the -20.74%, and the creation of Xinhua about because of negative returns in September, so the first nine months Cumulative returns fall further to -19.9%, with the difference all the more closer.

There are two major blue-chip investment even at the risk accounts, will no doubt make a lot of "cattle-based" shame, after all, even Yawei care of the Chinese market to continue in the first nine months of Jiyaqunxiong number one, but the former nine 34.2096% down on the performance of the doubt and the two insurance accounts for the gap is even far worse.

September 19, A shares trading across the board, which we observe all types of stock investment accounts share of stock positions to provide an excellent opportunity. On the same day, Taikang positive growth account net increase of 3.66 percent. In contrast, this year's good performance in equity funds, on September 19 in most of the gains were more than 5%, only slightly lower for investment trends in Societe Generale 3.67 percent. Cast the net even if the risk of delayed disclosure does not exist, then this can only be interpreted by the main investment account risk even with the advantages of less investment restrictions, the stock has long positions fell to very low or even negligible at the bottom, so in order to A slump in shares in excessively prudent and avoiding error.

Look forward to even vote in the bond insurance accounts New Army

September 15, the central bank announced the rate hike. The next day the entire bond market rose, evidence of the bond index fund for the month rose to 1.41 percent, Cathay Pacific Jinlong bonds (market, the net, let Fund) A month or as high as 5.2754 percent.

In the stock market compared to some of the risk even for the brilliant performance of the bonds in some of the cast even a little dangerous on the Huitoutulian. Even Taikang fidelity sound earnings and debt-wide optimization of the performance of the two good-debt-linked insurance accounts for merely 2.8 percent and rose 2.3 percent.

Of course, and even dangerous for the R %26amp; D is lagging behind as well. According to statistics, in the third quarter of this year issued 25 funds, only 16 bond funds. In contrast, most insurance companies are dangerous even for the maintenance of the existing product line, which caused the actual comparable bonds-accounts very few of which emerged naturally it will be difficult to top.