王亮离任民生加银核心资产股票基金 成立以来单位净值下跌19.72%

Group 1 - The core point of the article is the announcement of the departure of Wang Liang, the fund manager of Minsheng Jianyin Core Asset Equity Fund, due to internal adjustments, effective December 25, 2025 [2][3] - Wang Liang has been the fund manager since the fund's inception in November 2021, and after his departure, Liu Hao will take over the management of the fund [3] - Liu Hao, who has no prior fund management experience, previously worked as an industry researcher and joined Minsheng Jianyin Fund in July 2020 [3] Group 2 - As of December 25, 2025, the unit net value of Minsheng Jianyin Core Asset Equity Fund has decreased by 19.72% since its establishment, while it has increased by 20.65% over the past year [4] - By the end of Q3 2025, the fund's net asset value was approximately 1.03 billion yuan, down from an initial subscription amount of about 2.22 billion yuan [3][4] - The fund's portfolio is heavily weighted in stocks, with 90.66% of its assets in equities, including major holdings in companies like Zijin Mining, CNOOC, and Tencent [4] Group 3 - The fund's investment strategy focuses on global pricing resources, cross-border banks, industry leaders, and deep value stocks, with a significant allocation to copper and gold companies [5] - The fund has maintained a high turnover rate, exceeding 400% from 2023 to mid-2025, indicating frequent trading and increased portfolio volatility [4] - In Q3, the fund reduced trading frequency and increased allocations to sectors expected to benefit from future economic cycles, such as regional utilities and infrastructure in Southeast Asia [5]