news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

With the release of the mid-term fund investment performance in 2024, several rating agencies have recently announced the latest rating results. According to the latest rating results released by the authoritative fund rating agency Tianxiang Investment Consulting Fund Evaluation Center, as of June 30, 2024, 10 funds under China Life Security Fund have been rated the highest 5A rating for three-year and five-year periods, covering index stock funds, debt-biased hybrid funds, pure debt bond funds, hybrid debt bond funds and other fund types, fully demonstrating China Life Security's outstanding investment strength.

It is reported that Tianxiang Investment Consulting is one of the 10 rating and evaluation agencies evaluated by the Fund Evaluation Business Expert Evaluation Working Group of the China Securities Association and registered with the China Securities Regulatory Commission. The performance rating of its fund products is entirely based on the quantitative analysis of the fund's historical investment data, focusing on evaluating the fund's risk-adjusted return level and the investment management capabilities reflected in the investment process, and based on this, it conducts a comprehensive assessment of the fund's historical performance. The rating results are authoritative.

Strong strength

Long-distance running ability is recognized again

According to the latest rating results of Tianxiang Investment Consulting, as of the second quarter of 2024, 8 funds under China Life Security Fund have received the highest five-year 5A rating, including index funds, debt-biased mixed funds, pure debt bond funds, mixed debt bond funds and other fund types, namely China Life Security CSI 500 ETF, China Life Security Wenrong Mixed A, China Life Security Wenrong Mixed C, China Life Security Wentai One-year Fixed Open Mixed A, China Life Security Taiheng Pure Bond Bond, China Life Security Anyu Pure Bond Half-year Fixed Open Bond Initiation, China Life Security Zunyi Credit Pure Bond Bond, China Life Security Anji Pure Bond Half-year Regular Open Bond. (Data source: "2024Q2 Tianxiang Investment Consulting AAAAA Fund Product Rating Results" 2024.6.30)

Six funds received the highest three-year 5A rating, including index stock funds, pure bond hybrid funds, and hybrid bond fund types, namely, China Life Security CSI 500 ETF, China Life Security Taiheng Pure Bond Bond, China Life Security Zunyi Credit Pure Bond Bond, China Life Security Tairui Pure Bond One-Year Fixed Open Bond, China Life Security Anji Pure Bond Half-Year Fixed Open Bond Launch, and China Life Security Tai'an Pure Bond Bond.

It is worth mentioning that the China Life Security Zunyi Credit Pure Bond Fund, which has obtained the highest 5A rating for three years and the highest 5A rating for five years from Tianxiang Investment Consulting's hybrid bond fund, has also been ranked in the top 10 of Morningstar China's ordinary bond fund performance list in the past three years and the past five years in the Morningstar China Fund Performance Rankings released recently, ranking 10/139 and 6/103 respectively, showing excellent long-term running ability (data source: Morningstar China Five-Year Fund Performance Ranking 2024.06, Morningstar China Three-Year Fund Performance Ranking 2024.06). The fund manager of China Life Security Zunyi Credit Pure Bond is Ding Yujia, a "fixed income strongman" with rich investment research experience. As a stable and long-term product among pure bond funds, China Life Security Zunyi Credit Pure Bond has a net value growth rate of 30.61% (performance benchmark 8.51%) since the fund contract came into effect, surpassing the performance benchmark of 22.1% in the same period, and a net value growth rate of 16.00% (performance benchmark 6.58%) in the past three years, surpassing the performance benchmark of 9.42% in the same period. (Data source: China Life Security Fund Periodic Report, data as of June 30, 2024)

China Life Strength

Continuously improve the sense of gain

The reason behind the recognition from the authoritative list is the outstanding investment strength of China Life Safe Fund. As the first fund company established by insurance asset management in China, China Life Safe Fund has always adhered to the insurance style of pursuing steady investment. The company's excess returns in the fixed-income public fund industry in the past seven years, five years, three years, two years, and one year have all ranked in the top 1/5 (11/97, 21/117, 21/138, 21/163, 25/174), and the company's absolute returns in the fixed-income public fund industry in the past three years, two years, and one year have all ranked in the top 1/5 (26/138, 23/163, 19/174). (Data source: "Haitong Securities: Fund Company Equity and Fixed Income Asset Excess Return Ranking (2024.7.2)" "Haitong Securities: Fund Company Equity and Fixed Income Asset Performance Ranking (2024.06.30)", data as of June 30, 2024)

With excellent investment performance and a steady and clear investment style, China Life Security Fund has continued to gain recognition from customers. As of June 30, 2024, the management scale of public funds under China Life Security Fund is 173.561 billion yuan (excluding money market funds and short-term wealth management bond funds). (Data source: China Life Security Fund)

In order to allow more investors to share the dividends of China's economic growth through public funds, rational investment, and scientific allocation, the company has always adhered to the "people-centered" development concept and continued to enhance the holders' sense of gain and happiness. As of June 30, 2024, the company has served more than 57 million customers. Since its establishment, its fund products have created a total profit of about 51 billion yuan for holders. (Data source: China Life Security Fund)

As the only public fund management company in the China Life system, China Life Safe Fund has always put the safety of principal first, pursued long-term success, and focused on discovering the long-term investment value of assets based on rigorous and scientific multi-level and multi-angle research. Looking ahead, China Life Safe Fund will further focus on its core investment and research capabilities, optimize customer experience through multiple channels, multiple methods, and multiple dimensions, continuously enhance customer satisfaction and happiness, and move forward with confidence on the road of high-quality development.

Risk Warning: A business isolation system is implemented between the fund manager and shareholders, and shareholders do not directly participate in the investment operation of the fund's assets. Investment is risky, please choose the fund rationally. This fund has the risk of net value fluctuations. The past performance and net value of this fund do not indicate its future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of the performance of this fund. This information is only a promotional material, not a legal document, and the statistical data involved may change over time. When purchasing this fund, investors should read the fund legal documents such as the "Fund Contract", "Recruitment Instructions", and "Fund Product Information Summary" in detail, and inquire about the risk level of this product through official channels, and purchase the product according to their own risk tolerance. When investing, investors should strictly abide by the provisions of relevant anti-money laundering laws and regulations and fulfill their anti-money laundering obligations.

Data sources: "2024Q2 Tianxiang Investment Consulting AAAAA Fund Product Rating Results" (2024.6.30), 2024630. China Galaxy Securities Fund Performance Evaluation Weekly Report (including currency + QDII + FOF), Morningstar China Five-Year Fund Performance Ranking 2024.06, Morningstar China Three-Year Fund Performance Ranking 2024.06, "Haitong Securities: Fund Company Equity and Fixed Income Asset Excess Return Ranking (2024.7.2)", "Haitong Securities: Fund Company Equity and Fixed Income Asset Performance Ranking (2024.06.30)". Fund classification standard: China Galaxy Securities three-level fund classification system

Fixed income funds include pure bond funds, quasi-bond funds, partial bond funds, short-term bond funds, convertible bond funds and closed bond funds using the non-amortized cost method, excluding money market funds, wealth management bond funds, closed bond funds using the amortized cost method and index bond funds. Partial bond funds include quasi-bond funds, quasi-bond bond closed funds, convertible bond funds, partial bond funds and partial bond closed funds. Company type classification standard: Classify according to the average size of active equity (active fixed income) in the past year of the Haitong Securities size ranking, and rank the fund companies from large to small according to their size. Fund companies whose cumulative average active equity (active fixed income) size accounts for 50% of the total market active equity (active fixed income) size (taking the minimum value of the cumulative size exceeding 50% as the dividing line) are classified as large companies, those between 50% and 70% (taking the minimum value of the cumulative size exceeding 70% as the dividing line) are classified as medium-sized companies, and the rest are small companies. Small companies also include companies whose longest-lived products have been established for less than 1 year.

The China Life Security Zunyi Credit Pure Bond Fund was established on June 5, 2019. The performance benchmark of the China Life Security Zunyi Credit Pure Bond Fund (the performance benchmark of this fund is the China Bond Comprehensive (Full Price) Index Yield) is 4.32% (1.22%), 5.49% (-0.06%), 5.64% (2.10%), and 2.38% (0.51%) in 2019-2023. Dong Ruiqian and Li Yiming served as the fund managers of the China Life Security Zunyi Credit Pure Bond Fund from June 5, 2019 to August 1, 2019, and Tao Yinbin served as the fund manager of the China Life Security Zunyi Credit Pure Bond Fund from August 1, 2019 to January 3, 2024. Ding Yujia was appointed as the fund manager of the China Life Security Zunyi Credit Pure Bond Fund from March 15, 2021. (The above data is from the regular report of China Life Security Fund)

Ding Yujia, from July 2008 to August 2013, he served as a trader in the trading department of TEDA Manulife Fund Management Co., Ltd. From August 2013 to August 2014, he served as a researcher in the fixed income department of TEDA Manulife Fund Management Co., Ltd. From August 2014 to March 2015, he served as an assistant to the fund manager of the fixed income department of TEDA Manulife Fund Management Co., Ltd. From March 2015 to October 2016, he served as a fund manager of the fixed income department of TEDA Manulife Fund Management Co., Ltd. From October 2016 to January 2019, he served as the assistant to the general manager and fund manager of the fixed income department of TEDA Manulife Fund Management Co., Ltd. From January 2019 to November 2019, he served as the general manager and fund manager of the fixed income department of TEDA Manulife Fund Management Co., Ltd. From November 2019 to March 2021, he served as an assistant to the fund manager of the second investment management department of China Life Security Fund Management Co., Ltd. From March 2021 to date, he has served as a fund manager of the second investment management department of China Life Security Fund Management Co., Ltd.

China Life Security Smart Life Equity Fund was established on September 1, 2015. Its performance benchmark is the Shanghai and Shenzhen 300 Index yield rate x 80% + China Bond Composite Index yield rate (full price) x 20%. China Life Security Smart Life Equity Fund was established on September 17, 2015. Its net asset value growth rates (performance benchmark yield rates) from 2016 to 2023 are: -11.26% (-9.08%), 23.18% (16.36%), -29.23% (-19.78%), 41.78% (28.68%), 55.58% (21.73%), 29.04% (-3.52%), -20.94% (-17.37%), -3.29% (-8.71%). Zhang Qi has been the fund manager of China Life Security Smart Life Equity Fund since September 2015. (The above data comes from the regular report of China Life Security Fund) (CIS)

China Fund News: Reporting everything that funds care about

Chinafundnews