理财周报记者 翟乐/文

Finance ZhaiLe/the weekly newspaper reporters

　

　等权重指数分局均匀，规避风险 Weight index such as uniform precinct，Avoid risk

　　银华上证50等权重ETF The mechanism to such as Shanghai 50 weight etfs

　　资产配置比：本基金主要投资于标的指数成分股及备选成分股。在建仓完成后，本基金投资于标的指数成分股及备选成分股的资产比例不低于基金资产净值的90%。基金可少量投资于部分非成份股。

Asset allocation than：The funds invest primarily in underlying index constituent stocks and alternative。In after the completion of the warehouse，The underlying index funds invest in stocks and alternative assets ratio of constituent not less than 90% of the net assets of the fund。A small investment in the fund can be part of the component。

　　

业绩基准：上证50等权重指数 Performance benchmark：Shanghai 50 index weight, etc

　　风险收益：高风险高收益 Venture gains：higher-yielding

　　理财周报点评： Financial weekly comment on：

　　契约显示，该基金投资于上证50等权重指数的比例不低于90%。与上证50指数相比，等权重指数较大的区别在于降低了对金融行业的配置比例，提高了有色金属、采掘、交运设备等行业的权重占比，使得指数的行业权重分布相对分散，从而降低了对应ETF产品的周期性风险。

Contract shows，The funds invest in such as Shanghai 50 index weight the proportion of less than 90%。Compared with the Shanghai 50 index，Weight index such as big difference between about the financial industry is to lower the configuration of the scale，Improve the non-ferrous metal、mining、Shipment equipment industry of the weight than，Make the index weight distribution industry relatively scattered，Reducing the risk of the corresponding ETF products periodically。

　　银华基金(博客,微博)作为行业排名前十的基金公司，产品线布局丰富。拟任基金经理周大鹏，曾担任银华基金量化投资部研究员及基金经理助理等职。现任银华沪深300指数基金经理。从沪深300指数基金的二季报看，该基金跟踪标的误差较小。

Mechanism to fund(blog,Micro bo)As an industry ranked in the top 10 fund company，Product line layout is rich。Aspiring ZhouDaPeng fund manager，He once served as a mechanism to fund TouZiBu quantitative researcher and the fund manager assistant duty and so on。The mechanism of csi 300 index fund manager。Csi 300 index fund from the second quarterly look，The fund tracking mark small errors。

　　综合来看，投资者可重点关注该基金。

Comprehensive to see，Investors can focus on the fund。

　　大摩多元收益债券 The multiple revenue bonds

　　资产配置比：本基金投资于固定收益类资产的比例不低于基金资产的80%，投资于权益类资产的比例不超过基金资产的20%，基金持有现金或者到期日在一年以内的政府债券不低于基金资产净值的5%。

Asset allocation than：The fund investment in fixed income asset classes, the proportion of less than 80% of the fund's assets，Investment in equity asset classes, the proportion of more than 20% of the fund's assets，Fund holding cash or the maturity date is within one year of government bonds not less than 5% of the net assets of the fund。

　

　业绩基准：90%×中信标普全债指数收益率+10%×沪深300指数收益率 Performance benchmark：90% of all the debt at beacon × × 10% + index yield csi 300 index returns

　　风险收益：中等风险中等收益 Venture gains：Medium risk medium income

　　理财周报点评： Financial weekly comment on：

　　在利率下行周期中，债券市场依然具有良好的投资机会。从基金名称可以看出，该基金投资债券品种较为多元，包括国债、信用债、金融债、可转债等。在市场底部持续不明朗的时期，建议稳健型投资者多关注债券型基金。

In interest rates down cycles，Bond markets are still has a good investment opportunities。From fund name can be seen，The fund investment bonds are multiple varieties，Including national debt、Credit debt、JinRongZhai、Convertible bonds。In the bottom of the market for uncertain period，Suggest dovish model investors pay more attention to a bond fund。

　　拟任基金经理李轶，具有7年从业经历，历任债券研究员、基金经理助理等职务。2008年11月起担任大摩货币市场基金的基金经理。截至7月31日数据，大摩货币基金的最近七日年化收益率为2.86%，在同类型基金中排名靠后。综合来看，风险承受能力低的投资者可重点关注该基金。

Aspiring LiYi fund manager，With seven years relevant working experience，Successive bonds researcher、Fund manager assistant, and other job。Beginning in November 2008 as the money market fund managers。By July 31 data，The monetary fund recently in the QiRi change yield is 2.86%，In the same type of fund arranges backward。Comprehensive to see，Risk to bear ability low investors can focus on the fund。

　

　华商中证500指数分级 Chinese businessman has 500 index classification

　　资产配置比：本基金投资于股票组合的比例占基金资产的85%-95%，其中投资于中证500指数的成分股及其备选成分股的投资比例不低于股票资产的90%，权证投资占基金资产净值的比例为0-3%，现金或者到期日在一年以内的政府债券不低于基金资产净值的5%。

Asset allocation than：The funds invest in stocks combination of fund assets ratio of 85% to 95%，The investment in the 500 index stocks has optional stocks and the proportion of the investment not less than 90% of the assets stock，Authority card investment accounts for of fund net value of the asset ratio of 0-3%，Cash or the maturity date is within one year of government bonds not less than 5% of the net assets of the fund。

　　业绩基准：95%×中证500指数收益率+5%×商业银行人民币活期存款利率（税后） Performance benchmark：× 500 index returns showed 95% + 5% × commercial Banks RMB current deposit interest rates（after-tax）

　　风险收益：高风险高收益 Venture gains：higher-yielding

　　理财周报点评： Financial weekly comment on：

　　数据显示，上证指数今年以来截至7月31日下跌4.35%，而中证500指数同区间段统计下跌3.29%，表现略微好于大盘。作为分级基金，投资者场内认购的全部华商中证500份额将按照4：6的比例自动分离成预期收益与风险不同的两个份额类别，杠杆比例较高。其中风险较低的A份额约定年基准收益率为5.5%，高于最新CPI，可跑赢通胀。

Data shows，The Shanghai index since this year by July 31 fell 4.35%，And 500 index has with interval period of statistical fell 3.29%，Slightly good performance the grail。As grading fund，Investors of all Chinese businessman field subscribe has 500 share will be in accordance with the four：Six of the proportion of the automatic separated into expected returns and risks of the two share different categories，High leverage。A lower risk of the A share in agreed benchmark return of 5.5%，Higher than the latest CPI，Can run win inflation。

　　拟任基金经理田明圣，现任华商基金总经理助理兼研究总监、研究发展部总经理，公司投资决策委员会成员。并担任华商领先企业(630001,基金吧)混合基金的基金经理。数据统计，华商领先(630001,基金吧)企业混合基金今年以来收益率3.54%，在同类基金中排名靠前。综合来看，投资者可适当关注该基金。

Aspiring fund manager TianMing holy，The current Chinese businessman fund assistant to the general manager and research director、General manager of research and development department，The company investment decision committee members。And as a leading Chinese enterprise(630001,Fund it)Mixed fund managers。Data statistics，Leading Chinese businessman(630001,Fund it)Enterprise mixture fund this year since yields 3.54%，In the top of similar funds。Comprehensive to see，Investors can proper attention this fund。

　

　博时医疗保健行业股票 When rich healthcare stock

　　资产配置比：本基金投资组合中股票投资比例为基金资产的60%-95%，其中，投资于医疗保健行业上市公司股票的资产占股票资产的比例不低于90%。投资于债券等固定收益类证券投资比例为基金资产的0-40%；保持现金或者到期日在一年以内的政府债券投资比例合计不低于基金资产净值的5%。

Asset allocation than：The fund portfolio of stock investment proportion is 60% to 95% of the fund's assets，Among them，Investment in the health care industry listed company stock assets take stock of assets ratio of less than 90%。Investment in bonds, and other fixed income securities investment proportion of fund assets for the 0-40%；Keep cash or the maturity date is within one year of government bonds total investment proportion not less than 5% of the net assets of the fund。

　　业绩基准：申银万国医药生物行业指数收益率×95%+中国债券总指数收益率×5% Performance benchmark：Shenyin &wanguo pharmaceutical biotechnology industries index returns x 95% + Chinese bond always index returns x 5%

　　风险收益：高风险高收益 Venture gains：higher-yielding

　　理财周报点评： Financial weekly comment on：

　　随着中国老龄化加剧，再加上年轻人口对于保健逐步重视，医疗保健行业具有很大发展空间。而这一行业涵盖范围也较广，不仅包括化学药、中成药等，也包括疫苗、医疗器械等，较大的覆盖范围无疑蕴藏着具有投资价值的上市公司。今年上半年医药股走出一波行情，后续仍然有机会。

With China's aging intensified，Plus young population on health care gradually attention，Health care industry has great development space。And the industry covers a wide range，Not only include chemical medicine、Proprietary Chinese medicine, etc，Including vaccine、Medical devices，Larger coverage contain no doubt has investment value of the listed companies。In the first half of this year out of a wave of medicine market，Subsequent still have a chance。

　　拟任基金经理李权胜，2006年3月加入博时基金，历任研究员、研究员兼任博时精选股票基金经理助理、特定资产部投资经理。但未单独管理过公募基金，因此管理能力有待考察。

Aspiring fund manager LiQuan wins，In March 2006 when the rich to join，Successive researchers、Researchers concurrently bo concentration when stock fund manager assistant、The specific assets investment manager。But has not been separately managed public enlisting fund，So management ability to be determined。

　　从基金经理的管理能力方面考虑，投资者可适当关注该基金。

From the fund manager's management ability into consideration，Investors can proper attention this fund。

　

　诺德深证300指数分级 Nordic ShenZheng 300 index classification

　　资产配置比：投资于股票的资产不低于基金资产的85%，投资于深证300 指数成分股和备选成分股的资产不低于股票资产的90%；每个交易日日终在扣除股指期货合约需缴纳的交易保证金后，应当保持不低于基金资产净值5%的现金或到期日在一年以内的政府债券；权证投资占基金资产净值的比例为0-3%。

Asset allocation than：Investing in stocks of the assets of the fund's assets not less than 85%，Investment in ShenZheng 300 index constituent stocks and alternative assets of not less than 90% of the assets stock；Each day and will deduct trading stock index futures contract required to pay the deposit of the deal，Should keep not less than 5% of the net assets of the fund cash or maturity date is within one year of the government bonds；Authority card investment accounts for of fund net value of the asset ratio of 0-3%。

　

　业绩基准：深证300价格指数收益率×95%＋金融同业存款利率×5% Performance benchmark：ShenZheng 300 price index returns x 95% + financial inter-bank savings x 5% interest rates

　　风险收益：高风险高收益 Venture gains：higher-yielding

　　理财周报点评： Financial weekly comment on：

　　数据显示，深圳300指数今年以来截至7月31日的跌幅为0.49%，好于大盘4.35%的跌幅。该基金采取完全跟踪指数的被动型投资策略，低风险A份额约定年基准收益为6.5%，高风险B份额可达2倍的杠杆。

Data shows，Shenzhen 300 index since this year by July 31, down 0.49%，The grail of good 4.35% fall。The fund take a completely passive investment strategy of tracking index，Low risk A share in the benefits of the benchmark contract by 6.5%，High risk B share up to 2 times the lever。

　　拟任基金经理薛珠，历任投资部高级研究员，诺德价值优势(570001,基金吧)股票基金的基金经理。该股票型基金今年以来收益率为1.41%，在同类型基金中排名中间。

Aspiring XueZhu fund manager，TouZiBu successive senior fellow，Nordic value advantage(570001,Fund it)Stock fund managers。The stock fund since this year return of 1.41%，In the same type fund ranking in the middle。

　　综合来看，投资者可适当关注该基金。

Comprehensive to see，Investors can proper attention this fund。