In fact, as early as two months before the official announcement, news about Jin Zicai's promotion to the company's vice president had been circulating in the market. As the equity investment director of Caitong Fund, Jin Zicai's management accounted for five-fifths of the company's equity public funds. Mr. Cheng is the well-deserved “Equity Brother” of the company.
In the market, he attaches great importance to industry rotation, high turnover rate and other characteristics, which has attracted much market attention. The return on employment of many of his products once exceeded 260%. Since this year, he has invested heavily in multiple sub-sectors in the AI field. With the AI track Despite the recent correction, he still remains optimistic about growth stocks, especially small-cap stocks.
With the promotion of Jin Zicai to the company's vice president, there have been 58 new deputy general managers in the fund industry this year. Among them, it is not uncommon for fund managers to "achieve good performance and then become official". Many well-known fund managers such as Liu Kaiyun, Cheng Jian, Yao Zhipeng, Lu Bin, and Zhang Yifei were promoted this year.
Supporting “half the sky” of the company’s equity
Public information shows that Jin Zicai graduated from Shanghai Jiao Tong University with a master's degree in microelectronics and solid-state electronics. Subsequently, he served as an assistant to the investment manager of Huatai Asset Management and a senior researcher in the TMT industry of Prudential Fund. After joining Caitong Fund, he served as fund manager, deputy director, deputy director (in charge of work), director, and assistant to the general manager of the company's fund investment department.
As of now, Jin Zicai is managing 8 products, 6 of which are jointly managed products. The latest disclosed scale of these 8 products totals 5.748 billion yuan. During the same period, Wind data showed that the total net asset value of Caitong Fund's non-monetary funds was 56.869 billion yuan, including 1.652 billion yuan of stock funds and 10.342 billion yuan of mixed funds. This also means that Jin Zicai’s management scale accounts for 47.92% of the Caitong Fund’s “stock + hybrid” product scale.
However, this is not the peak of Jin Zicai’s management scale. As early as the end of June last year, his scale of management once approached the 10 billion mark, reaching 9.838 billion yuan; then in the third quarter, fourth quarter of last year, and the first quarter of this year, his scale of management once remained above 7 billion yuan, and By the end of the first half of this year, Jin Zicai’s product scale under management once dropped to 5.919 billion yuan.
Since the second half of this year, due to investment management needs, Jin Zicai has resigned as the manager of Caitong Technology Innovation Fund. Subsequently, Caitong Prosperity Selection, which he proposed to serve as the fund manager, was established on July 19 with a one-year holding amount of 237 million yuan. . In addition to managing products, he is also responsible for building and cultivating the equity investment research team of Caitong Fund. As early as 2021, when Jin Zicai was promoted to the company’s assistant general manager, the market regarded this as a signal for the company to increase its equity layout. As of Currently, the company’s equity team is about 30 people.
There are many bright spots in the long-term performance of the product
