12月19日，四川金顶涨6.1%，截至发稿，报13.75元/股，成交4.76亿元，换手率10.36%，总市值47.99亿 元。 资料显示，四川金顶(集团)股份有限公司位于四川省乐山市峨眉山市九里镇新农村一组166号，成立日 期1988年9月7日，上市日期1993年10月8日，公司主营业务涉及非金属矿开采、加工及产品销售。主营 业务收入构成为：石灰石86.66%，物流装卸运输仓储7.41%，氧化钙3.16%，租金收入1.43%，商品混凝 土、水泥稳定碎石1.41%，IT设备信息技服务0.02%。 截至发稿，黄岳累计任职时间4年319天，现任基金资产总规模357.8亿元，任职期间最佳基金回报 43.17%， 任职期间最差基金回报-60.35%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从四川金顶十大流通股东角度 国泰中证全指建筑材料ETF（159745）基金经理为黄岳。 数据显示，国泰基金旗下1只基金位居四川金顶十大流通股东。国泰中证全指建筑材料E ...

Core Viewpoint - Dongmu New Materials Group Co., Ltd. has seen a stock price increase of 5.23%, reaching 31.20 CNY per share, with a total market capitalization of 19.699 billion CNY as of December 19 [1] Company Overview - Dongmu New Materials Group Co., Ltd. is located in Ningbo, Zhejiang Province, established on July 11, 1994, and listed on May 11, 2004 [1] - The company specializes in powder metallurgy structural parts, primarily used in automotive applications, household refrigeration compressors, motorcycles, electric tools, office machinery, and construction machinery [1] - Revenue composition includes: powder pressing forming (43.04%), metal injection molding (41.18%), soft magnetic composite materials (15.16%), and others (0.61%) [1] Shareholder Insights - E Fund's "Quality Momentum Three-Year Holding Mixed A" fund (014562) is among the top ten circulating shareholders of Dongmu, having reduced its holdings by 324,300 shares to 5.1246 million shares, representing 0.83% of circulating shares [2] - The fund has achieved a year-to-date return of 66.85%, ranking 338 out of 8,098 in its category [2] Fund Performance - The fund manager of "Quality Momentum Three-Year Holding Mixed A" is Chen Hao, who has a tenure of 13 years and 86 days, with a total asset scale of 29.887 billion CNY [3] - The best fund return during Chen's tenure is 700.42%, while the worst is -19.39% [3] Top Holdings - E Fund's "Reform Dividend Mixed" fund (001076) has also reduced its holdings in Dongmu by 948,300 shares, now holding 1.7039 million shares, which constitutes 3.18% of the fund's net value [4] - This fund has achieved a year-to-date return of 82.58%, ranking 161 out of 8,098 in its category [4] Fund Manager Insights - Chen Hao is also the fund manager for "Reform Dividend Mixed," with a total asset scale of 29.887 billion CNY and a tenure of 13 years and 86 days [5] - The best return for this fund during Chen's tenure is 700.42%, while the worst is -19.39% [5]

近期，伴随着A股的上涨行情，基金市场一片火热。截至2025年7月，公募基金规模已突破35万亿元，参与者涵盖了从白领、中产到年轻群体的广泛层 面。随着银行理财净值化转型、房地产投资回报率下降，基金逐渐成为普通投资者的首选理财工具。 然而，基金热度越高，投资者的困惑也越大。为什么有人在基金投资中实现了可观收益，而更多人却"追高杀跌"，长期亏损？为什么同样是股票基金，业 绩差距却能拉开数倍？为什么市场上常见的"爆款基金"，往往在投资者入场后表现反而平平？这些问题的根源在于：多数普通投资者缺乏系统的投资方法 和风险认知。他们往往凭直觉、凭推荐来做决策，而非基于对基金经理、投资风格、资产配置等关键因素的理性分析。 中信出版集团出版的《手把手教你选出赚钱好基金》一书聚焦这一问题，为普通理财者提供一套"可操作、可落地"的基金投资指南，让投资真正成为普通 人可以学习和掌握的技能，而非"靠运气"的赌博。 认知重构：从"挣钱"到"赚钱" 对大多数人来说，理财的第一步往往始于一个朴素的愿望——如何更快攒到"第一桶金"。书签客在书中指出，这个阶段的核心任务并不是追求复杂的投资 技巧，而是通过开源节流形成基础积累。开源意味着在工作之余 ...

我们做基金投资，一般是低估买入，正常估值坚定持有，等到高估时再止盈卖出。 有朋友问，之前低估买入的品种，如果一轮牛市走完也没能涨到高估，是不是就白折腾了，还会有收益吗？ 牛市里，也不是所有品种都能到高估 其实，每一轮牛市都会必然遇到有品种到不了高估的情况。 文 | 银行螺丝钉 （转载请注明出处） 像2021年初，市场涨到了3点几星，当时估值表里，就有不少品种仍然处于正常估值，没到高估。 | 螺丝钉星级 | ★★★ | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 20210219 | | 射坡益率 市盈率 市净架 股息率 | | | ROE | 场内基金 | 场外交流 | | 上证红利 | 9.99% | 10.01 | 1.05 | 4.53% | 10.45% | 510880 | | | 中川名城河 | 9.58% | 10.43 | 1.12 | 4.25% | 10.75% | 515180 | 030010 | | 中加程家行 | | | 0.98 | 3.27% | | 512800 | 001594 | | 基本 ...

截至发稿，罗文杰累计任职时间12年244天，现任基金资产总规模1702.51亿元，任职期间最佳基金回报 145.85%， 任职期间最差基金回报-48.16%。 数据显示，南方基金旗下1只基金位居中国武夷十大流通股东。南方中证房地产ETF发起联接A （004642）三季度减持6.54万股，持有股数994.07万股，占流通股的比例为0.63%。根据测算，今日浮 盈赚取约198.81万元。 南方中证房地产ETF发起联接A（004642）成立日期2017年8月24日，最新规模2.02亿。今年以来亏损 1.18%，同类排名4082/4197；近一年亏损8.38%，同类排名4110/4143；成立以来亏损44.93%。 南方中证房地产ETF发起联接A（004642）基金经理为罗文杰。 12月18日，中国武夷涨5.59%，截至发稿，报3.78元/股，成交2.87亿元，换手率4.99%，总市值59.37亿 元。 资料显示，中国武夷实业股份有限公司位于福建省福州市五四路89号置地广场4层，成立日期1992年1月 31日，上市日期1997年7月15日，公司主营业务涉及房地产开发、国际工程承包、装配式建筑施工、国 际贸易等。主营业 ...

截至发稿，王颖累计任职时间8年308天，现任基金资产总规模49.04亿元，任职期间最佳基金回报 50.83%， 任职期间最差基金回报-8.42%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 数据显示，中信保诚基金旗下1只基金位居中天服务十大流通股东。中信保诚多策略混合(LOF)A （165531）三季度新进十大流通股东，持有股数159.29万股，占流通股的比例为0.62%。根据测算，今 日浮盈赚取约60.53万元。 中信保诚多策略混合(LOF)A（165531）成立日期2017年6月16日，最新规模11.33亿。今年以来收益 39.56%，同类排名1688/8100；近一年收益32.78%，同类排名2299/8065；成立以来收益136.32%。 中信保诚多策略混合(LOF)A（165531）基金经理为王颖。 12月18日，中天服务涨6.16%，截至发稿，报6.55元/股，成交1.69亿元，换手率10.86%，总市值21.43亿 元。 资料显示，中天服务股份有限公司 ...

文 | 银行螺丝钉 （转载请注明出处） 基金是非常适合普通人的投资品种。 什么类型的基金更适合新手？ arml #螺丝钉小知识 银行螺丝钉 市盈率的秘密: 静态、动态、TTM全解析 有朋友问，市盈率有静态、动态、TTM， 分别是什么? 市盈率=市值/盈利。 市盈率的计算有两个维度: (1) 是否计算弓损的公司 某些市盈率计算方法会剔除亏损公司，如 中证系列指数默认不考虑亏损股，每次调 仓会把亏损的公司剔除。 (2) 盈利的时间范围 市盈率等于市值除以一年期的盈利。可选 择使用最近一年、过去一年或未来一年的 盈利数据。 静态市盈率:使用去年的盈利计算,反映 过去的盈利能力。 动态市盈率:使用未来一年的盈利计算, 反映未来的盈利预期。 基金投资该怎么投？ 长期投资前要做哪些心理建设？ 这里有一门限时免费的福利课程，能帮助新手投资者从零开始了解基金投资。 想要获取这门课程，可以扫下方二维码添加 @课程小助手 ，回复 「 基金入门 」 领取哦～ 更有课程笔记、思维导图，帮您快速搞懂课程脉络，学习更高效。 滚动市盈率（TTM）： 使用最近四个季度 的盈利计算，反映最新的盈利情况。 螺丝钉在计算时最常用的是滚动市盈率, ...

Core Viewpoint - The article emphasizes the importance of continuous investment in undervalued quality assets, particularly through index funds, as a more suitable approach for most ordinary investors compared to individual stock picking [3][4][10]. Group 1: Investment Strategies - Ordinary investors have two main tasks in investment: to work diligently to increase their savings and to continuously invest in undervalued quality assets [3][4]. - Quality assets include both individual stocks and index funds, with the latter being more appropriate for the majority of families due to lower time and risk requirements [5][10]. - The article discusses the classic dilemma of whether to invest in individual stocks or index funds, highlighting the author's personal journey from stock picking to primarily investing in funds [7][9]. Group 2: Risks and Considerations - Both individual stocks and index funds carry market volatility risks, but individual stocks also face operational risks due to the finite lifespan of companies [12][14]. - Historical data shows that a significant percentage of companies listed in the U.S. stock market have disappeared over time, indicating the inherent risks of individual stock investments [16][22]. Group 3: Index Fund Advantages - Index funds possess a unique ability to adapt and replace older companies with new ones, effectively achieving longevity in investment [24][25]. - The article notes that the composition of indices, such as the ChiNext Index, has changed significantly over the past decade, demonstrating the dynamic nature of index investing [27][28]. - Ordinary investors are encouraged to start with index funds, which are easier to manage and less risky compared to individual stocks [30][36]. Group 4: Recommended Indexes - Suitable index funds for ordinary investors include broad-based indices like the CSI 300 and strategy indices such as the A-share leader strategy [31][32]. - For global stock market investments, global stock indices are recommended, although there may be restrictions on purchasing overseas funds from mainland investors [33][35].

Core Viewpoint - The article emphasizes the pitfalls of having an excessive number of funds in an investment portfolio, likening it to running a supermarket, which can lead to false diversification and management difficulties [6][17]. Group 1: Reasons for Excessive Fund Holdings - Fear of Missing Out (FOMO) drives investors to buy into new concepts and themes, leading to an overwhelming number of funds [9]. - Misunderstanding the principle of diversification results in investors believing that holding more funds inherently reduces risk [11]. - Decision paralysis occurs when investors are overwhelmed by choices, leading them to buy multiple funds without a clear strategy [13]. Group 2: Problems with Excessive Fund Holdings - False Diversification: Holding many funds does not guarantee risk diversification, as many funds may share the same underlying assets [18]. - Management Overload: Monitoring numerous funds can be time-consuming and impractical, making it difficult to analyze performance and make informed decisions [22]. Group 3: Steps to Optimize Fund Holdings - Step 1: Define a portfolio structure based on individual risk tolerance and investment goals, including allocations to different types of funds [27][30][34]. - Step 2: Tag each fund according to its category to gain clarity on the portfolio composition [37]. - Step 3: Consolidate similar funds by evaluating them based on performance, drawdown history, fund size, fee structure, and manager experience [41][45][49]. Group 4: Tools and Recommendations - The article suggests using fund comparison tools available in various apps to facilitate the selection process and streamline decision-making [50]. - It introduces a three-part asset allocation tool that helps investors avoid common pitfalls by providing a structured framework for fund selection and management [65][66].

文 | 银行螺丝钉 （转载请注明出处） 大部分投资者对股票指数基金都耳熟能详，但是对债券指数基金知之甚少。债券指数基金该如何投资？ 这里有一门限时免费的福利课程，介绍了债券指数基金的投资方法。 想要获取这个课程，可以添加下方「课程小助手」，回复「 债券 」领取哦～ 更有课程笔记、思维导图，帮您快速搞懂课程脉络，学习更高效。 ◆◆◆ 还有一种情况，最近场内一些美股ETF， 因为被炒作，溢价率一度达到50%。 买基金，会不会遇到卖不出去的情 况呢? 基金分为场外基金和场内基金。 场内基金是在证券账户里买卖交易。例如 ETF 就是场内基金。可以跟买卖股票一样 交易。 ETF有几种情况会导致无法卖出: (1) 遇到大涨大跌， ETF交易价格涨停 或者跌停。 ETF通常为指数基金。 大多数指数,很少达到像个股那样涨停跌 停的波动幅度。 只有在极端行情下可能遇到。 (2) 极端高溢价风险。 投资者如果这时候溢价买入，就会多付出 了50%的成本。 持续高溢价的 ETF,也会被暂停交易,导 致一段时间里可能无法卖出。 场外基金,是按照基金净值申购赎回。只 要场外基金是开放式基金,那投资者提交 赎回申请，就会按照基金净值成交。 ...