中庚基金刘晟：坚持低估值价值策略 构建穿越周期的科学组合 ...

Group 1 - The "14th Five-Year Plan" has been officially implemented, providing direction for China's economic and social development over the next five years, creating new opportunities and challenges for the capital market [1] - The Shanghai Composite Index has recently surpassed the 4000-point mark, continuing to fluctuate above 3900 points, indicating a relatively high historical level for the A-share market [1] - The new fund, China Europe Xin Yue Return One-Year Holding Mixed Securities Investment Fund, aims to provide a stable investment option in the equity market through balanced allocation and strict risk control, with an equity investment ratio of 40%-80% [1][2] Group 2 - The fund's one-year holding period is designed to help investors "stay in the market" and reduce anxiety caused by short-term volatility, thereby enhancing the overall investment experience [2] - The fund will be managed by Lan Xiaokang, a veteran with over 14 years of experience in the securities industry, focusing on a low-valuation value strategy to identify quality companies with growth potential [2][3] - The fund's investment strategy includes a full-market stock selection approach, aiming to build a portfolio that balances defensive capabilities and growth potential [1][2] Group 3 - The China Europe Hongli Youxiang A fund, managed by Lan Xiaokang since April 2018, has consistently outperformed its benchmark and the Shanghai Composite Index over multiple market cycles, with a maximum drawdown of -25% [3] - Lan Xiaokang anticipates a comprehensive market upturn, with investment opportunities in both traditional industries and new productive forces, particularly focusing on sectors with low PB valuations [3][4] - The fund has received five-star ratings from several authoritative rating agencies, reflecting its long-term stable performance [3][5]