news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

According to the announcement of Morgan Fund on July 30,Morgan Dividend Preferred Stock Fund was officially established, and the fund raised 970 million yuan through all channels, the number of valid subscribers is 13,269 households.

Wind data shows that the fund isThis year (as of July 30) the largest ordinary stock fund with the largest issuance scale and the largest number of subscribersIn addition, among the newly established active equity dividend theme funds (ordinary stock funds and equity-oriented mixed funds) this year (as of July 30),The fund's fundraising scale and number of subscribers are among the top three。

Product public information shows thatMorgan Dividend Select FundThe proportion of investment in stocks related to dividend themes shall not be less than 80% of the fund assets, and the proportion of investment in stocks related to dividend themes shall not be less than 80% of the non-cash fund assets.The stock part uses the CSI Dividend Index as the benchmark index, build a stock portfolio through quantitative stock selection models, and strive to obtain investment returns that exceed the performance benchmark.Relatively stable dividends and high dividend yieldsof listed companies.

Dividend assets, which continued to rise steadily at the beginning of the year, have recently experienced a significant correction. Wind data shows that as of the close of July 30, the CSI Dividend Index has given up most of its gains this year, with a year-to-date increase of 1.32%, but it has clearly outperformed the CSI All-Share Index (-11.66%) over the same period.

Image source: Wind. The past performance of the index does not indicate its future performance, nor does it constitute a guarantee of the fund's performance.

Short-term correction does not change the value of dividend asset allocationAccording to Xinhua Finance, regarding the recent correction of dividend assets, many industry insiders said,Dividend assets still have high attractiveness and investment value at present and in the future。

Huajin Securities believesIn the medium term, the dividend-dominated style may be difficult to change. The current economy and earnings continue to recover. First, under the pressure of real estate and the credit decline cycle, the weak growth trend of investment and consumption is difficult to reverse in the medium term. Second, the profit growth rate of industrial enterprises and the profit growth rate of A-shares are in a recovery cycle, but the intensity is weak.Dividends may continue to prevail。

BOC Securities saidIn the second half of the year, as the effectiveness of real estate policies becomes apparent and the pace of fiscal efforts accelerates, the fundamentals are expected to gradually show a trend of weak recovery.Dividend assets may still be an important choice for bottom-line holdings。

Morgan Fund believesIn the short term, the excess returns of the dividend sector fluctuated, and internal differentiation intensified. Among them, the varieties with positive mid-term performance forecasts and relatively low chip crowding prevailed; but in the medium and long term, under the background of the switch between old and new momentum,The value of the underlying allocation of dividend assets is still worthy of attention, and the logic and background of the dividend strategy have not changed。

It is understood that Morgan Fund has actively laid out a toolbox of dividend products around "dividends", covering assets such as A-shares and Hong Kong stocks, and involving a variety of products such as active and passive public funds and mutual recognition funds. In the future, Morgan Fund will continue to improve the "dividend" product line, strive to bring long-term and stable returns to investors in a volatile market environment, and make investors' holding experience better.

Note: "High Dividend/Bonus Strategy" is the investment strategy of Morgan Dividend Preferred Equity Fund, and the product still has volatility risks.

The CSI Dividend Index (hereinafter referred to as the "Index") is compiled and calculated by China Securities Index Co., Ltd. (hereinafter referred to as "CSI") and its ownership belongs to CSI. CSI will take all necessary measures to ensure the accuracy of the Index, but does not make any guarantee for this and is not responsible to anyone for any errors in the Index.

Risk Warning: Investment involves risks. Please refer to the relevant fund's "Fund Contract", "Recruitment Instructions" and "Fund Product Information Summary" and other legal documents before investing. This information is only a public promotional material and does not serve as any legal document. The fund manager promises to manage and use the fund assets in accordance with the principles of honesty, good faith, diligence and due diligence, but does not guarantee that the fund will make a profit or guarantee a minimum return. At the same time, the fund's past performance and its net value do not indicate its future performance. The performance of other funds managed by the fund manager does not constitute a guarantee of the fund's performance. The above information does not constitute investment advice, or an offer or invitation to subscribe to any securities, investment products or services. The published information is from information sources that are considered reliable, but please verify the relevant information yourself. Views and forecasts only represent the views at the time and may change in the future. This product is issued and managed by Morgan Fund Management (China) Co., Ltd., and the agency does not assume the investment, redemption and risk management responsibilities of the product.

This material is a public promotional material. Employees employed by Morgan Fund Management (China) Co., Ltd. and authorized to forward it through personal WeChat Moments for the purpose of product or service communication. Please do not forward it without authorization. This material is only distributed in mainland China and is only for relevant qualified investors in mainland China. 2024070085

(The opinions expressed in this article come from licensed securities institutions and do not constitute any investment advice, nor do they represent the opinions of the platform. Investors are requested to make independent judgments and decisions.)