Group 1 - Zhai Xiangdong officially announced his resignation from the position of fund manager for the招商优势企业混合基金 on August 9 due to personal reasons, and he will not take on any other roles within the company [1][2] - Since taking over the fund on April 29, 2022, Zhai has achieved a total return of nearly 125% and an annualized return rate of 27.96%, ranking 5th among nearly 2900 similar funds [2] - The fund's size grew from less than 400 million to over 10 billion, but the latest report shows a decline to just over 8 billion, with a net value drop of 3.63% and over 300 million shares redeemed [2] Group 2 - The company stated that its equity investment team has developed a talent cultivation path and a structured talent hierarchy, ensuring the continuity of investment strategies despite Zhai's departure [3] - The new fund manager, Lu Wenkai, shares a growth-oriented investment style and holds a neutral to optimistic view on A-shares and H-shares, believing market confidence is recovering [4] - Lu plans to gradually increase allocations to consumer-related sectors, particularly focusing on areas closely linked to domestic consumption, based on macroeconomic conditions and industry analysis [4] Group 3 - Lu highlighted that during the past few years of decline in the consumer sector, many companies exited due to losses, while some established significant competitive advantages [5] - From a valuation perspective, many consumer stocks are trading at low PE ratios compared to their overseas counterparts, indicating a valuation gap [5] - Companies that have solidified their advantages during the downturn are seen as having potential for a second growth curve, and the investment strategy will focus on these firms while maintaining a cautious approach to allocation [5]
知名基金经理，正式离任！
Zhong Guo Ji Jin Bao·2025-08-09 07:00