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私募指数增强产品表现亮眼 年内收益率超过10%
Zheng Quan Shi Bao Wang·2025-06-18 04:01

Group 1 - The A-share market has maintained a volatile trend this year, with private equity institutions seizing opportunities, resulting in impressive performance [1] - As of May 31, 682 index-enhanced products with performance displays achieved an average return of 10.59% and an average excess return of 11.92%, with 94.57% of products showing positive excess returns [1] - Among these, 403 products had excess returns of at least 10%, with 312 products in the range of 10%-19.99%, 76 products between 20%-29.99%, and 15 products exceeding 30% [1] Group 2 - The CSI 1000 index-enhanced products had an average excess return of 10.95%, with 97.66% of products achieving positive excess returns, while the index itself had a positive average return of 12.24% [1] - The CSI 500 index-enhanced products had an average excess return of 10.25%, with 96.95% of products showing positive excess returns, but the index's negative performance resulted in an average return of 9.20% [1] Group 3 - The CSI 300 index-enhanced products performed the worst, with an average excess return of 5.02% and an average return of only 2.49% due to significant drag from the index [2] - Other index-enhanced products performed exceptionally well, with 60 products achieving an average return of 13.64% and an average excess return of 16.42%, all showing positive excess returns [2] - Air index-enhanced products had an average return of 11.35% and an average excess return of 13.66%, with 90.31% of products achieving positive excess returns [2] Group 4 - Starstone Investment suggests focusing on whether companies exhibit positive changes and if these changes are fully priced in by the market, rather than following stocks with high cumulative gains [3] - Zhengyuan Investment emphasizes adjusting holdings to avoid external disturbances and seek incremental growth, reducing exposure to export-oriented companies affected by tariff disputes while increasing positions in sectors related to the Belt and Road Initiative, domestic consumption upgrades, and military demand [3]