6月份證券投資類陽(yáng)光私募基金評(píng)級(jí)

1、.Confidential and Proprietary PAGE ：.；PAGE 14howbuy2021年07月19日中國(guó)私募證券投資基金月度評(píng)級(jí)報(bào)告好買基金研討中心 howbuy6月份證券投資類陽(yáng)光私募基金評(píng)級(jí)摘要好買私募基金評(píng)級(jí)引見(jiàn)好買私募基金評(píng)級(jí)是以基金過(guò)往業(yè)績(jī)?yōu)楦椎亩吭u(píng)價(jià)，不包含定性調(diào)查及客觀判別，旨在為私募投資人提供一個(gè)客觀的、簡(jiǎn)化的基金挑選工具。投資人選擇私募基金時(shí)，可將該評(píng)級(jí)作為對(duì)基金進(jìn)一步了解的起點(diǎn)，而不是引薦根據(jù)，最終的投資決策還應(yīng)結(jié)合對(duì)私募管理人的公司平臺(tái)、投研團(tuán)隊(duì)、投資理念和風(fēng)格、風(fēng)控流程等方面的仔細(xì)調(diào)查。好買6月份私募基金評(píng)級(jí)結(jié)果共有244只私募基金參與好買6

2、月份評(píng)級(jí)，其中好買“5星私募包括：翼虎生長(zhǎng)、展博1期、新價(jià)值2、宏利2期-龍贏、六禾光輝歲月、樂(lè)晟股票精選、鼎鋒生長(zhǎng)一期、精熙1期、隱形冠軍一期、中國(guó)龍價(jià)值1-6、瑞天價(jià)值生長(zhǎng)、龍鼎1號(hào)、新價(jià)值4、智德繼續(xù)增長(zhǎng)、中國(guó)龍進(jìn)取、銘遠(yuǎn)巴克萊、鑫蘭瑞、合贏精選1期、赑元生長(zhǎng)1期。好買私募基金2年期評(píng)級(jí)結(jié)果本期報(bào)告中，好買對(duì)130只運(yùn)轉(zhuǎn)滿2年且符合數(shù)據(jù)統(tǒng)計(jì)條件的私募基金進(jìn)展了單獨(dú)評(píng)級(jí)，獲得好買2年期“5星評(píng)級(jí)的私募包括：新價(jià)值2、樂(lè)晟股票精選、新價(jià)值3、智德繼續(xù)增長(zhǎng)、龍騰、粵財(cái)合贏、東方遠(yuǎn)見(jiàn)、尚雅4期、明達(dá)3、博頤精選、明達(dá)1。好買6月份“五星私募點(diǎn)評(píng)好買基金研討中心一直將實(shí)地調(diào)研作為研討私募的重要組成

3、部分，6月份，好買又對(duì)上海、北京、深圳等地的30多家私募管理公司進(jìn)展了走訪，并且結(jié)合歷次調(diào)研成果，精選六家“五星私募，分析投資業(yè)績(jī)背后的緣由，供投資者參考。好買私募基金評(píng)級(jí)引見(jiàn)評(píng)級(jí)目的據(jù)好買基金研討中心的不完全統(tǒng)計(jì)，截至2021年6月底，經(jīng)過(guò)信托平臺(tái)發(fā)行的證券投資類陽(yáng)光私募基金已達(dá)470只，其中07年之前成立的基金僅有11只，07、08、09年新發(fā)基金的數(shù)量分別為80、95、169，而10年新成立的已到達(dá)115只。陽(yáng)光私募近年來(lái)的快速開(kāi)展有目共睹，一方面是越來(lái)越多的專業(yè)基金管理人的參與使得私募行業(yè)“百家爭(zhēng)鳴，另一方面也反映了投資者對(duì)高端理財(cái)效力的旺盛需求。私募產(chǎn)品發(fā)行數(shù)量統(tǒng)計(jì)總計(jì)：470只數(shù)據(jù)

4、來(lái)源：好買基金研討中心好買私募基金評(píng)級(jí)是以基金過(guò)往業(yè)績(jī)?yōu)楦椎亩吭u(píng)價(jià)，不包含定性調(diào)查及客觀判別，旨在為私募投資人提供一個(gè)客觀的、簡(jiǎn)化的基金挑選工具。投資人選擇私募基金時(shí)，可將該評(píng)級(jí)作為對(duì)基金進(jìn)一步了解的起點(diǎn)，而不是引薦根據(jù)，最終的投資決策還應(yīng)結(jié)合對(duì)私募管理人的公司平臺(tái)、投研團(tuán)隊(duì)、投資理念和風(fēng)格、風(fēng)控流程等方面的仔細(xì)調(diào)查。評(píng)級(jí)對(duì)象好買私募基金評(píng)級(jí)的對(duì)象：運(yùn)轉(zhuǎn)滿1年及2年的、管理型證券投資類陽(yáng)光私募基金，并剔除統(tǒng)計(jì)區(qū)間內(nèi)發(fā)生私募管理人改換、私募管理人接受監(jiān)管部門調(diào)查或由于投資行為以外的要素導(dǎo)致基金凈值猛烈動(dòng)搖例如，私募管理人放棄自有信托分額補(bǔ)償信托方案等的產(chǎn)品。評(píng)級(jí)思緒數(shù)據(jù)搜集：每月15號(hào)截止對(duì)

5、上月數(shù)據(jù)的搜集任務(wù)，對(duì)周頻率公布凈值的私募選取離上月月底最近的凈值公布日凈值；對(duì)月頻率公布的私募取最新凈值公布日凈值。數(shù)據(jù)來(lái)源于信托公司公布的私募凈值及相關(guān)公告。數(shù)據(jù)整理：將上月15號(hào)之后至當(dāng)月15號(hào)之前搜集到的產(chǎn)品凈值劃分為上月數(shù)據(jù)，該區(qū)間內(nèi)發(fā)生的基金分紅、基金拆分均歸屬為上月。同時(shí)，剔除凈值更新至上月15號(hào)之前的產(chǎn)品；剔除凈值公布不規(guī)律的產(chǎn)品；剔除近1年統(tǒng)計(jì)中有凈值缺失的產(chǎn)品。目的計(jì)算：在好買私募基金評(píng)級(jí)所采用的實(shí)際框架下設(shè)定相關(guān)參數(shù)，并根據(jù)評(píng)級(jí)模型的函數(shù)式計(jì)算每只私募基金的評(píng)級(jí)目的。等級(jí)劃分：每只私募基金根據(jù)評(píng)級(jí)目的結(jié)果由高到低排序后劃分五檔，目的越高闡明量化評(píng)價(jià)結(jié)果越好，目的越低闡明量

6、化評(píng)價(jià)結(jié)果越差，分別給予“5星至“1星。更新頻率好買私募基金評(píng)級(jí)每月中旬公布上月評(píng)級(jí)結(jié)果，以月頻率滾動(dòng)更新。由于多數(shù)陽(yáng)光私募成立于07年以后，運(yùn)轉(zhuǎn)時(shí)間不長(zhǎng)，為保證私募基金的評(píng)級(jí)規(guī)模，好買以近12個(gè)月為主要調(diào)查區(qū)間，并以近2年為參考區(qū)間。五、實(shí)際根底期望成效實(shí)際是好買私募基金評(píng)級(jí)的實(shí)際根底，該實(shí)際以為：投資決策是一種復(fù)雜的人類行為，實(shí)踐上是一個(gè)心思博弈的過(guò)程，這包括對(duì)整個(gè)市場(chǎng)的認(rèn)知過(guò)程、心情及意志的作用等，由于投資者對(duì)市場(chǎng)信息的認(rèn)知，對(duì)個(gè)人心態(tài)的把握以及對(duì)市場(chǎng)價(jià)值的判別都不可防止地存在理性不完備的情況，往往會(huì)產(chǎn)生系統(tǒng)性的或非系統(tǒng)性的認(rèn)知偏向和選擇偏好，反映到投資決策行為上那么表現(xiàn)為“比起無(wú)法預(yù)期

7、的高收益，更傾向于可預(yù)見(jiàn)的低收益；情愿放棄一部分預(yù)期收益來(lái)?yè)Q取確定性較強(qiáng)的收益。計(jì)算好買私募基金評(píng)級(jí)目的所采用的函數(shù)式，是根據(jù)期望成效實(shí)際對(duì)風(fēng)險(xiǎn)的懲罰效應(yīng)，構(gòu)造的針對(duì)私募投資者風(fēng)險(xiǎn)偏好的成效函數(shù)。好買6月份私募基金評(píng)級(jí)結(jié)果截至7月15號(hào)，納入好買基金研討中心統(tǒng)計(jì)的私募基金總數(shù)為470只，其中運(yùn)轉(zhuǎn)滿1年的有254只，符合條件可參與6月份好買私募基金評(píng)級(jí)的有244只，占到統(tǒng)計(jì)總數(shù)的51.91%。一、6月份私募業(yè)績(jī)統(tǒng)計(jì)數(shù)據(jù)分布以下圖為244只參與1年期評(píng)級(jí)的私募基金按評(píng)級(jí)目的由高到低排序后，從左往右依次對(duì)應(yīng)的近12月收益率和下行規(guī)范差的分布情況。圖中顯示，產(chǎn)品的近12月收益率分布在-30%70%之間

8、，與評(píng)級(jí)目的有明顯的正相關(guān)關(guān)系，如獲得“5星的翼虎生長(zhǎng)的收益率為69.55%，展博1期、新價(jià)值2、宏利2期-龍贏、六禾光輝歲月等的收益率均在40%以上，而“1星的私募皆為負(fù)收益；產(chǎn)品的下行規(guī)范差分布在0%9%之間，與評(píng)級(jí)目的呈負(fù)相關(guān)關(guān)系，“5星私募的平均下行規(guī)范差為2.45%，而“1星私募的平均下行規(guī)范差為7.49%，總體的風(fēng)險(xiǎn)程度與5月份相比有向兩端分化的趨勢(shì)，其中，嘉貝利一期和智誠(chéng)2期在6月份分別下跌14.59%和15.41%，導(dǎo)致這兩只5月份的“5星產(chǎn)品在6月份的評(píng)級(jí)目的迅速下滑。6月份私募業(yè)績(jī)統(tǒng)計(jì)數(shù)據(jù)數(shù)據(jù)來(lái)源：好買基金研討中心二、好買6月份私募基金評(píng)級(jí)結(jié)果基金稱號(hào)管理人基金經(jīng)理最新凈值

9、日最新凈值近12月風(fēng)險(xiǎn)評(píng)價(jià)好買評(píng)級(jí)絕對(duì)收益率相對(duì)收益率下行規(guī)范差最大月跌幅翼虎生長(zhǎng)翼虎余定恒202107021.199469.55%93.39%3.50%-10.37%展博1期展博陳鋒20210625143.5343.75%55.99%1.04%-2.90%新價(jià)值2新價(jià)值羅偉廣202107091.769443.28%67.12%3.94%-11.68%宏利2期-龍贏龍贏富澤童第軼202107091.334741.81%64.77%3.73%-12.12%六禾光輝歲月1期六禾夏曉輝202107091.748646.36%63.14%2.97%-8.09%樂(lè)晟股票精選源樂(lè)晟曾曉潔202106302

10、.166938.44%57.50%4.33%-13.55%鼎鋒生長(zhǎng)一期鼎鋒張高202107091.793429.33%53.16%2.23%-5.59%精熙1期精熙夏寧20210630190.2333.07%52.12%3.40%-8.75%陜國(guó)投朱雀1朱雀張延鵬20210617169.1528.12%35.66%3.26%-10.41%隱形冠軍一期京富融源李彥煒202106251.026038.89%51.43%4.24%-9.80%中國(guó)龍價(jià)值1云南信托馬宏202107091.254521.77%45.60%1.18%-3.65%瑞天價(jià)值生長(zhǎng)瑞天李鵬202106301.427025.87%4

11、4.93%2.83%-9.06%中國(guó)龍價(jià)值4云南信托馬宏202107091.200321.53%45.36%1.16%-3.38%龍鼎1號(hào)龍鼎馮為民20210622206.2028.46%38.15%2.85%-7.73%新價(jià)值4新價(jià)值羅偉廣202107091.315322.90%45.87%3.36%-7.85%智德繼續(xù)增長(zhǎng)智德伍軍202106251.662023.97%36.51%2.16%-6.95%中國(guó)龍進(jìn)取云南信托馬宏202107091.272620.85%44.68%1.27%-3.70%中國(guó)龍價(jià)值3云南信托馬宏202107091.227920.62%44.45%1.27%-3.6

12、5%中國(guó)龍價(jià)值2云南信托馬宏202107091.466320.50%44.34%1.30%-3.59%銘遠(yuǎn)巴克萊銘遠(yuǎn)王志忠202107091.106620.35%44.19%3.98%-13.15%鑫蘭瑞鑫蘭瑞劉睿202106301.977023.72%42.77%1.05%-2.18%中國(guó)龍價(jià)值5云南信托馬宏202107091.219.61%43.45%1.24%-3.68%合贏精選1期合贏曾昭雄，易建軍，劉鷹20210630127.3723.52%46.48%2.95%-9.54%赑元生長(zhǎng)1期赑元202106171.056320.58%28.11%0.86%-2.38%中國(guó)龍價(jià)值6云南信托

13、馬宏202107091.218618.36%42.20%1.31%-3.68%新價(jià)值1新價(jià)值陳延泰202107091.236330.49%54.32%4.54%-9.95%新價(jià)值3新價(jià)值黃云軒202107091.312519.27%43.11%4.19%-11.53%明達(dá)3明達(dá)劉明達(dá)20210618125.0826.00%38.46%4.33%-8.74%中國(guó)龍價(jià)值8云南信托馬宏202107091.053916.85%40.69%1.42%-3.78%中鐵中睿桔祥管家一期中睿合銀劉睿202107091.212618.01%37.06%0.91%-1.99%智德繼續(xù)增長(zhǎng)2智德伍軍20210706

14、1.397519.17%43.23%2.25%-4.94%中國(guó)龍價(jià)值7云南信托馬宏202107091.115.82%39.66%1.50%-3.68%和聚1期和聚李澤剛20210709133.7829.41%56.06%2.67%-6.85%重陽(yáng)1期重陽(yáng)裘國(guó)根20210630214.0217.96%40.93%2.32%-5.15%尚誠(chéng)尚誠(chéng)肖華20210618150.9926.75%39.22%5.52%-12.78%朱雀5期朱雀梁躍軍202107091.244216.72%40.55%2.65%-5.94%麥爾斯通二期麥爾斯通黃偉聲202106171.232914.85%22.38%1.38

15、%-3.69%重陽(yáng)2期重陽(yáng)裘國(guó)根20210630169.3116.18%39.15%2.35%-5.12%朱雀8期朱雀陳秋東202107091.156313.68%37.52%2.03%-4.31%東方遠(yuǎn)見(jiàn)東方遠(yuǎn)見(jiàn)許勇202107151.462012.83%36.66%3.41%-7.65%高特佳添富高特佳顧曉東20210701130.8619.85%41.83%5.09%-14.92%從容生長(zhǎng)3從容呂俊20210628118.5616.54%29.70%3.48%-10.42%麥爾斯通一期麥爾斯通黃偉聲202106171.490513.40%20.93%1.96%-4.83%鑫蘭瑞二期鑫蘭瑞

16、劉睿202107091.131412.91%31.97%1.53%-3.63%麥爾斯通三期麥爾斯通黃偉聲202106171.345112.70%20.24%1.96%-4.78%中鐵中睿合銀二期中睿合銀劉睿202107091.121111.99%36.04%1.07%-2.06%杰凱一期杰凱梁鋼202106301.413218.23%37.29%4.54%-11.20%國(guó)投凱益凱石李文忠202107090.924813.04%36.88%4.48%-12.18%朱雀7期朱雀梁躍軍202107091.229412.66%36.50%3.10%-5.95%康成亨1期康成亨韓俊剛2021070511

17、3.4712.84%37.32%3.45%-7.94%博頤精選3博頤徐大成20210705111.7811.78%37.80%2.81%-7.47%博頤精選博頤徐大成20210705152.8011.90%36.38%3.14%-8.62%匯利優(yōu)選匯利何震20210716154.6916.77%35.83%5.20%-15.25%云程泰1期云程泰魏上云202107090.944815.49%34.54%4.47%-13.43%理成轉(zhuǎn)子2號(hào)理成程義全20210701112.2812.28%39.97%3.79%-8.99%泓湖1期泓湖梁文濤20210630210.389.01%33.58%1.4

18、3%-3.33%博頤精選2博頤徐大成20210705153.5311.00%35.48%3.06%-8.22%匯利優(yōu)選2匯利何震20210716126.8515.39%34.45%5.00%-14.65%六禾財(cái)富銀盞六禾夏曉輝202107091.181815.65%39.48%5.31%-15.86%明達(dá)1明達(dá)劉明達(dá)20210630164.9215.86%34.92%5.12%-14.72%粵財(cái)合贏合贏劉鷹，易建軍，曾昭雄202106301.392811.63%34.59%3.53%-8.81%中國(guó)龍?jiān)鲩L(zhǎng)1云南信托王慶華202107091.28.69%32.52%2.74%-8.03%星石11

19、星石江暉20210618116.876.77%19.23%0.63%-1.72%海昊1號(hào)海昊曾文海202106301.012211.90%30.95%4.19%-11.63%星石4星石江暉20210618133.566.72%19.18%0.66%-1.86%星石13星石江暉20210618110.176.65%19.11%0.68%-1.94%星石3星石江暉20210618148.246.58%19.04%0.67%-1.90%云程泰2期云程泰魏上云202107091.031812.58%31.63%4.48%-13.83%朱雀4期朱雀李華輪，梁躍軍202107091.14987.65%31

20、.49%2.67%-5.78%星石9星石江暉20210630118.216.28%23.07%0.65%-1.78%中國(guó)龍精選1云南信托王慶華202107091.28967.43%31.26%2.75%-8.10%星石10星石江暉20210618118.156.22%18.68%0.68%-1.92%星石2星石江暉20210618152.286.17%18.63%0.66%-1.82%星石1星石江暉20210618152.196.12%18.58%0.69%-1.96%星石5星石江暉20210618131.196.11%18.57%0.71%-2.00%嘉貝利一期嘉貝利202107090.61

21、804.36%28.20%5.26%-14.59%星石6星石江暉20210618129.536.02%18.49%0.69%-1.93%星石7星石江暉20210618129.486.01%18.47%0.71%-2.01%菁英生長(zhǎng)1號(hào)菁英時(shí)代陳宏超202106181.510220.51%32.97%7.36%-17.21%中國(guó)龍?jiān)鲩L(zhǎng)5云南信托王慶華202107090.81076.80%30.63%2.61%-7.44%鑫巢盛利鑫巢陶濤202106301.338210.65%29.71%4.39%-14.10%混沌2號(hào)混沌葛衛(wèi)東202107091.173016.74%33.59%6.49%-20

22、.28%中國(guó)龍?jiān)鲩L(zhǎng)6云南信托王慶華202107090.78986.63%30.46%2.75%-7.98%中國(guó)龍穩(wěn)健3云南信托趙凱202107090.93285.91%29.75%2.07%-4.18%景林豐收景林蔣錦志20210618177.6311.61%24.07%4.89%-12.43%中國(guó)時(shí)機(jī)三期淡水泉趙軍2021070958.0512.65%31.71%4.90%-9.58%中國(guó)龍1云南信托趙凱202107093.88675.65%29.49%2.19%-4.22%中歐瑞博生長(zhǎng)戰(zhàn)略中歐瑞博吳偉志，張靈斌202107090.93333.90%27.74%2.17%-4.08%中國(guó)龍穩(wěn)

23、健2云南信托趙凱202107090.95285.39%29.23%2.20%-4.22%林園1林園林園20210618123.309.77%22.23%4.52%-10.27%中國(guó)龍2云南信托趙凱202107091.05125.61%29.44%2.04%-4.00%中國(guó)龍精選2云南信托王慶華202107091.76.19%30.03%2.78%-8.14%中歐瑞博1期中歐瑞博20210618119.495.71%18.17%2.45%-6.72%尚雅4期尚雅石波20210709147.3313.98%36.08%6.26%-15.95%中國(guó)龍?jiān)鲩L(zhǎng)2云南信托王慶華202107090.72425

24、.25%29.09%2.81%-8.17%景林穩(wěn)健景林蔣錦志20210709323.335.73%27.83%2.46%-6.73%武當(dāng)6武當(dāng)田榮華20210618125.378.51%20.97%4.02%-11.00%向日葵向日葵金曉斌202106300.746810.15%29.21%4.79%-12.41%和祿1號(hào)理想20210709108.80563.80%22.86%3.11%-8.04%天馬天馬康曉陽(yáng)20210705159.1910.65%35.13%5.24%-12.00%星石14星石江暉20210709109.914.54%28.37%1.49%-4.92%武當(dāng)3武當(dāng)田榮華2

25、0210618.148.28%20.74%4.14%-11.27%中國(guó)龍穩(wěn)健1云南信托趙凱202107091.26094.21%28.05%2.20%-4.44%星石15星石江暉20210709105.094.30%28.13%1.50%-4.90%星石12星石江暉20210709113.254.18%28.01%1.50%-4.90%證大價(jià)值證大吳元青202107090.898613.54%32.59%6.68%-20.93%武當(dāng)10武當(dāng)田榮華20210618109.756.78%19.24%4.02%-10.84%武當(dāng)4武當(dāng)田榮華20210618.276.90%19.37%4.10%-11

26、.03%億龍中國(guó)億龍長(zhǎng)江涌金劉紅海20210630349.593.66%26.62%2.24%-7.11%楓嶺1期楓嶺程杰20210701101.801.87%23.86%0.03%-0.11%武當(dāng)7武當(dāng)田榮華202107141.12896.19%25.25%4.35%-11.66%景泰一期景泰利豐張英飚202107091.03088.91%32.74%5.33%-16.31%世通世通常士杉2021070567.0022.89%47.37%8.01%-18.13%中國(guó)龍穩(wěn)健4云南信托趙凱202107090.98282.34%26.17%2.23%-5.53%龍騰龍騰吳險(xiǎn)峰20210705103

27、.0812.13%36.61%5.85%-14.75%智誠(chéng)2期智誠(chéng)海威張弩,盧源20210705115.289.85%34.33%5.95%-15.41%平安德豐盛海劉慶忠20210709100.056.42%25.48%4.28%-11.10%中國(guó)時(shí)機(jī)一期淡水泉趙軍2021070989.247.58%30.54%4.91%-9.40%武當(dāng)9武當(dāng)田榮華202107141.09884.98%24.04%4.16%-10.58%武當(dāng)11武當(dāng)田榮華20210630103.673.63%22.68%3.48%-8.76%武當(dāng)5武當(dāng)田榮華20210630126.215.34%22.13%4.25%-11

28、.49%中國(guó)時(shí)機(jī)二期淡水泉趙軍2021070965.417.39%30.36%5.14%-9.72%明達(dá)2明達(dá)劉明達(dá)20210709186.446.26%28.37%4.79%-12.02%證大穩(wěn)健增長(zhǎng)證大孫龍202107141.279211.61%30.66%7.44%-22.42%武當(dāng)8武當(dāng)田榮華202107141.09274.23%23.29%4.44%-11.88%萬(wàn)利富達(dá)萬(wàn)利富達(dá)胡偉濤20210618107.095.26%17.72%4.28%-8.63%金中和4金中和曾軍20210705112.787.60%32.08%5.72%-16.86%從容生長(zhǎng)2從容呂俊2021063010

29、4.694.85%23.90%4.54%-13.14%中泰漢華漢華呂宏亮202107091.10304.53%17.06%4.04%-8.32%銀信寶銀信寶安妮2021070173.939.23%33.31%6.13%-12.78%理成風(fēng)景1號(hào)理成毛冬20210701147.784.34%26.33%4.54%-10.73%武當(dāng)12武當(dāng)田榮華20210630102.572.38%21.43%3.79%-9.86%富臨門1號(hào)富派劉堅(jiān)202107161.047-0.27%22.53%3.78%-7.75%鑫增長(zhǎng)鑫增長(zhǎng)羅文軍2021062270.007.10%16.79%4.75%-9.53%尚雅3

30、期尚雅石波20210709.258.43%30.54%6.55%-16.54%從容生長(zhǎng)1從容呂俊20210630114.676.21%25.26%5.53%-16.86%尚雅5期尚雅石波20210709125.097.71%29.81%6.20%-12.13%lighthorse穩(wěn)健增長(zhǎng)天馬康曉陽(yáng)20210709185.154.29%23.34%5.16%-12.74%新同方1新同方劉迅20210709115.97-1.25%20.85%2.40%-6.01%金中和5金中和曾軍20210705109.632.63%27.11%4.78%-13.07%海洋之星二號(hào)理成程義全202107091.0

31、3634.73%28.56%3.87%-6.66%淡水泉2021淡水泉趙軍20210709122.260.10%23.94%4.74%-9.78%尚雅6期尚雅石波20210709119.627.35%29.46%6.95%-16.79%淡水泉生長(zhǎng)淡水泉趙軍20210709148.402.24%21.29%5.01%-9.45%合志同方新同方劉迅202107140.9434-3.03%16.02%2.42%-5.01%尚雅1期尚雅石波20210709129.514.72%26.83%6.03%-12.42%淡水泉生長(zhǎng)四期淡水泉趙軍20210709108.890.48%19.53%4.99%-9.

32、49%淡水泉生長(zhǎng)三期淡水泉趙軍20210709109.600.43%19.49%5.04%-9.34%新同方2新同方劉迅2021070996.54-3.95%18.16%2.52%-6.07%尚雅7期尚雅石波20210709109.144.94%27.05%6.48%-13.85%浦江之星8號(hào)二期德匯202107091.1816-6.76%17.08%3.93%-7.07%啟明星柘弓陶然峰20210709109.38-2.80%16.25%4.10%-11.96%金中和西鼎金中和鄧?yán)^軍202107021.7994-3.44%20.39%4.71%-10.83%銳集一號(hào)銳集202106301.0

33、120-0.42%18.63%5.79%-13.82%勵(lì)石勵(lì)石肖世明202107140.9692-0.76%18.29%4.83%-12.69%德源安1期德源安許良勝20210618101.22-1.33%11.14%5.60%-15.55%武當(dāng)2武當(dāng)田榮華20210630127.21-3.76%20.82%3.96%-8.12%從容穩(wěn)健3從容呂俊20210709108.15-1.67%17.33%4.40%-11.98%武當(dāng)1武當(dāng)田榮華20210709149.99-4.23%17.87%3.80%-8.49%景泰二期景泰利豐張英飚202107091.03766.50%30.34%5.99%-

34、17.87%從容穩(wěn)健2從容呂俊20210709112.03-2.50%16.49%4.34%-11.83%尚雅2期尚雅石波20210709132.492.23%24.34%6.78%-15.85%深國(guó)投漢華1期漢華陳祎軍20210705108.81-7.29%17.19%2.64%-6.12%長(zhǎng)金4號(hào)長(zhǎng)金鄭曉軍202107121.08404.44%19.01%5.33%-10.27%蘇信理財(cái)金中和1期金中和曾軍202107090.9914-6.85%16.98%5.64%-17.62%從容優(yōu)勢(shì)1從容呂俊20210709.45-2.50%16.55%5.56%-15.78%思想者一號(hào)思想者曾三2

35、02107090.9612-6.50%17.33%4.63%-11.49%金中和1金中和鄧?yán)^軍20210705134.01-0.33%24.15%6.66%-19.35%鑫利大通2號(hào)鑫利大通202107130.9907-1.01%21.87%5.15%-13.76%瑞琴1號(hào)瑞琴廖曉媛202106171.0854-3.72%3.82%5.57%-13.53%從容穩(wěn)健1從容呂俊20210709101.54-5.47%13.53%4.45%-11.86%長(zhǎng)金2號(hào)長(zhǎng)金鄭曉軍202106281.3149-1.40%11.76%6.19%-13.89%東方港灣馬拉松東方港灣但斌20210709106.29

36、-4.35%14.71%6.14%-16.48%安蘇1號(hào)安蘇童國(guó)林202106300.9305-11.89%11.07%2.89%-5.49%從容優(yōu)勢(shì)3從容呂俊20210709131.24-5.20%13.86%6.13%-18.20%寶華1號(hào)寶華202107090.9372-8.68%10.38%4.19%-9.80%以太一號(hào)以太丁偉202106300.7458-9.44%9.62%4.15%-10.98%金中和2金中和鄧?yán)^軍20210705109.52-3.74%20.74%6.56%-18.41%金中和3金中和鄧?yán)^軍20210705105.07-3.32%21.16%6.80%-19.0

37、9%從容優(yōu)勢(shì)2從容呂俊20210709127.27-5.65%13.40%6.24%-18.73%金牛金牛2021070978.05-3.95%15.11%7.09%-18.57%京福1號(hào)京福陳山202107091.3561-7.76%11.29%5.48%-13.97%鼎輝1號(hào)鼎陶朱輝投資202106300.93720.43%19.49%5.50%-16.67%匯陽(yáng)匯峰匯陽(yáng)202106300.8809-8.83%10.23%4.71%-8.51%寧博1期寧博徐林書(shū)20210705113.61-11.22%13.26%4.59%-8.74%民森A號(hào)民森蔡明2021062599.07-9.38%

38、2.86%5.25%-10.07%揚(yáng)子二號(hào)世誠(chéng)陳家琳202107090.8276-7.50%11.56%6.78%-17.30%銀葉1號(hào)銀葉202107090.8883-12.77%6.28%4.37%-9.19%久銘一期久銘王華202107091.2223-10.78%13.06%7.02%-21.05%君富繼續(xù)增長(zhǎng)一期君富王進(jìn)202107091.2065-9.33%14.51%7.47%-17.06%長(zhǎng)潤(rùn)一期長(zhǎng)潤(rùn)王巍202107091.1029-11.69%12.14%6.86%-19.77%隆圣2隆圣王貴文202107090.7242-10.60%11.50%6.76%-15.96%國(guó)軒

39、國(guó)軒徐偉2021061866.26-12.88%-0.42%5.40%-13.52%以太3號(hào)以太丁偉202107120.9792-13.66%4.21%4.03%-7.69%睿信4睿信李振寧2021062583.03-5.98%6.26%8.60%-22.96%睿信2睿信李振寧2021062574.68-6.53%5.71%8.49%-22.38%隆圣1隆圣王貴文202107090.7283-11.15%10.95%6.81%-16.19%合德豐泰合德豐泰劉立新202107090.8501-14.65%4.41%5.22%-14.88%睿信3睿信李振寧2021062574.19-6.41%5.

40、83%8.61%-22.87%平安價(jià)值一期惠理謝清海2021063056.53-8.81%10.25%7.44%-19.16%乾坤一號(hào)坤陽(yáng)陳敏202107010.8493-13.40%5.65%5.56%-11.48%塔晶獅王1塔晶冷再清202107140.5705-14.48%4.58%5.73%-15.43%民森B號(hào)民森蔡明2021062593.71-12.58%-0.34%5.92%-11.45%隆圣3隆圣王貴文202107090.6665-12.18%9.93%7.00%-17.13%證研一期證研宋曉輝202107120.8314-15.16%3.18%4.09%-9.80%塔晶獅王2

41、塔晶冷再清202107140.5062-15.18%3.88%5.51%-15.37%證大價(jià)值三期證大朱南松2021070972.84-10.27%8.79%7.80%-22.07%隆圣4隆圣王貴文202107090.6837-13.21%8.89%7.09%-17.33%泰石1期泰石車克20210618101.00-9.15%3.31%7.75%-14.64%金股典華銀精治丁洋2021061886.53-12.61%-0.08%7.28%-17.95%中國(guó)優(yōu)質(zhì)1號(hào)鵬遠(yuǎn)202107090.5018-16.65%2.41%6.07%-17.26%塔晶老虎塔晶冷再清2021070950.86-16

42、.11%5.99%6.23%-16.51%證大一期證大朱南松20210709105.07-12.00%7.06%8.10%-22.49%證大增長(zhǎng)二期證大朱南松2021070983.28-12.31%6.75%8.03%-22.37%智博方略智博方略白潔202106210.8374-16.74%-6.95%6.04%-14.04%瑞象Alpha瑞象20210705101.63-13.20%11.28%7.50%-17.43%頂石一期頂石楊軍202107090.9027-17.26%6.57%6.97%-18.37%時(shí)策時(shí)策2021070570.74-17.23%7.25%5.48%-9.68%廣

43、金生長(zhǎng)廣金劉壯華202106300.8391-12.01%7.05%8.49%-20.79%同威2期同威李馳2021061896.07-18.49%-6.03%5.87%-11.85%基業(yè)長(zhǎng)青2華寶信托202107140.8141-14.60%4.46%8.14%-25.18%京福2號(hào)京福陳山202107090.8309-18.05%1.01%6.71%-17.18%盈捷九頭鳥(niǎo)3期盈捷李少偉2021070985.08-18.47%5.36%6.20%-13.63%基業(yè)長(zhǎng)青之積極進(jìn)取型華寶信托施大洋202107090.7463-16.88%2.17%8.40%-25.53%民森C號(hào)民森蔡明202

44、1070988.0990-22.73%-0.62%5.96%-17.22%同威1期同威李馳2021061898.59-21.62%-9.16%6.18%-12.16%道合1道合裴繼偉2021061873.52-17.18%-4.72%7.69%-19.47%創(chuàng)贏1號(hào)創(chuàng)贏成健2021063076.88-19.48%-0.42%7.68%-15.60%睿信1睿信李振寧20210709111.21-20.44%1.66%7.83%-21.12%茂源1號(hào)茂源202107120.8910-12.11%2.46%7.23%-16.63%道合2道合裴繼偉2021061858.14-17.72%-5.26%7

45、.73%-19.19%紅山1紅山李雅非2021061861.67-19.93%-7.47%8.12%-17.06%長(zhǎng)潤(rùn)二期長(zhǎng)潤(rùn)王巍202107120.8179-17.88%-3.68%8.27%-23.29%曉牛新動(dòng)力曉牛杜金燕202107090.9358-24.27%-0.43%7.13%-22.42%紅山2紅山李雅非2021061860.72-20.70%-8.24%8.13%-16.98%龍馬1柏坊龍小波2021062555.10-23.21%-10.97%6.58%-13.09%國(guó)淼一期國(guó)淼馬澤202107090.7601-16.21%2.84%9.57%-26.76%鵬遠(yuǎn)中心鵬遠(yuǎn)20

46、21070963.84-21.61%-2.55%8.24%-24.02%曉牛一號(hào)曉牛杜金燕202107090.8065-21.45%2.38%7.26%-19.71%鑫鵬鑫鵬阮杰2021061831.02-24.32%-11.86%8.36%-19.14%混沌1號(hào)混沌葛衛(wèi)東202107091.8145-25.52%-2.56%8.20%-20.26%龍馬2柏坊龍小波2021070152.81-28.84%-6.85%7.53%-17.10%國(guó)弘1期國(guó)弘2021070980.39-27.14%-3.30%6.94%-12.67%鑫地鑫地蔡杰2021070558.26-31.29%-6.81%6.

47、95%-15.68%數(shù)據(jù)來(lái)源：好買基金研討中心好買私募基金2年期評(píng)級(jí)結(jié)果本期報(bào)告中，好買對(duì)130只運(yùn)轉(zhuǎn)滿2年且符合數(shù)據(jù)統(tǒng)計(jì)條件的私募基金進(jìn)展了單獨(dú)評(píng)級(jí)，參與2年期評(píng)級(jí)的產(chǎn)品占到統(tǒng)計(jì)總數(shù)的27.72%。基金稱號(hào)管理人基金經(jīng)理近2年評(píng)級(jí)近2年收益絕對(duì)相對(duì)新價(jià)值2新價(jià)值羅偉廣174.92%182.50%樂(lè)晟股票精選源樂(lè)晟曾曉潔116.69%128.36%新價(jià)值3新價(jià)值黃云軒105.78%113.35%智德繼續(xù)增長(zhǎng)智德伍軍66.05%74.26%龍騰龍騰吳險(xiǎn)峰86.98%95.34%粵財(cái)合贏合贏劉鷹，易建軍，曾昭雄61.11%70.09%東方遠(yuǎn)見(jiàn)東方遠(yuǎn)見(jiàn)許勇50.55%58.13%尚雅4期尚雅石波98

48、.64%109.62%明達(dá)3明達(dá)劉明達(dá)71.44%76.82%博頤精選博頤徐大成54.30%62.66%明達(dá)1明達(dá)劉明達(dá)72.17%80.36%尚誠(chéng)尚誠(chéng)肖華79.05%84.43%尚雅3期尚雅石波85.60%96.58%啟明星柘弓陶然峰41.15%49.34%尚雅2期尚雅石波83.17%94.16%中國(guó)龍價(jià)值4云南信托馬宏38.44%47.67%中國(guó)龍價(jià)值6云南信托馬宏37.66%46.89%淡水泉生長(zhǎng)淡水泉趙軍55.09%63.28%瑞天價(jià)值生長(zhǎng)瑞天李鵬42.70%53.79%新價(jià)值1新價(jià)值陳延泰69.70%77.28%中國(guó)龍價(jià)值8云南信托馬宏36.16%45.39%中國(guó)龍價(jià)值5云南信托馬宏

49、35.43%44.66%中國(guó)龍價(jià)值3云南信托馬宏36.00%45.23%從容優(yōu)勢(shì)1從容呂俊42.44%50.64%中國(guó)龍價(jià)值7云南信托馬宏34.57%43.80%尚雅1期尚雅石波66.79%77.77%杰凱一期杰凱梁鋼41.01%49.20%高特佳添富高特佳顧曉東42.95%49.34%淡水泉2021淡水泉趙軍46.66%59.33%景林穩(wěn)健景林蔣錦志40.08%51.07%星石4星石江暉31.01%36.39%星石3星石江暉30.69%36.08%六禾財(cái)富銀盞六禾夏曉輝45.73%56.80%星石5星石江暉29.94%35.33%星石1星石江暉29.80%35.19%星石2星石江暉29.71

50、%35.10%中國(guó)龍進(jìn)取云南信托馬宏32.45%41.68%星石6星石江暉29.53%32.96%鑫巢盛利鑫巢陶濤33.79%41.99%中國(guó)龍價(jià)值2云南信托馬宏29.61%38.84%中泰漢華漢華呂宏亮15.59%30.25%武當(dāng)3武當(dāng)田榮華35.13%40.51%武當(dāng)1武當(dāng)田榮華31.63%42.61%翼虎生長(zhǎng)翼虎余定恒53.04%60.62%平安德豐盛海劉慶忠27.97%36.16%億龍中國(guó)億龍長(zhǎng)江涌金劉紅海22.63%29.15%中國(guó)龍精選1云南信托王慶華21.64%30.87%景林豐收景林蔣錦志32.08%37.46%金中和西鼎金中和鄧?yán)^軍32.11%39.69%武當(dāng)2武當(dāng)田榮華30

51、.32%44.13%明達(dá)2明達(dá)劉明達(dá)41.45%52.43%海昊1號(hào)海昊曾文海28.69%36.89%從容優(yōu)勢(shì)2從容呂俊26.97%35.16%宏利2期-龍贏龍贏富澤童第軼53.46%61.66%中國(guó)龍價(jià)值1云南信托馬宏18.84%28.07%林園1林園林園34.75%40.14%泓湖1期泓湖梁文濤27.00%40.80%銀信寶銀信寶安妮28.62%35.00%中國(guó)龍2云南信托趙凱12.32%21.55%揚(yáng)子二號(hào)世誠(chéng)陳家琳26.68%34.87%景泰一期景泰利豐張英飚25.63%36.70%中國(guó)龍1云南信托趙凱10.86%20.09%中國(guó)龍穩(wěn)健2云南信托趙凱10.05%19.28%中國(guó)龍穩(wěn)健3

52、云南信托趙凱9.06%18.29%中國(guó)龍穩(wěn)健1云南信托趙凱8.57%17.80%景泰二期景泰利豐張英飚31.05%42.12%睿信3睿信李振寧35.06%42.92%睿信4睿信李振寧34.85%42.71%勵(lì)石勵(lì)石肖世明11.73%18.25%鑫增長(zhǎng)鑫增長(zhǎng)羅文軍26.24%26.46%世通世通常士杉33.12%41.48%智博方略智博方略白潔15.73%16.06%民森A號(hào)民森蔡明14.72%22.58%匯陽(yáng)匯峰匯陽(yáng) 7.19%15.39%金股典華銀精治丁洋16.01%21.39%君富繼續(xù)增長(zhǎng)一期君富王進(jìn)14.62%22.82%廣金生長(zhǎng)廣金劉壯華29.37%37.56%中歐瑞博生長(zhǎng)戰(zhàn)略中歐瑞博

53、吳偉志，張靈斌1.13%12.21%睿信2睿信李振寧28.10%35.95%新同方1新同方劉迅-1.23%9.76%證大穩(wěn)健增長(zhǎng)證大孫龍19.25%27.44%證大價(jià)值證大吳元青23.48%31.67%lighthorse穩(wěn)健增長(zhǎng)天馬康曉陽(yáng)8.02%16.22%合志同方新同方劉迅-2.96%6.02%合德豐泰合德豐泰劉立新-4.33%4.66%新同方2新同方劉迅-3.79%7.20%天馬天馬康曉陽(yáng)13.24%21.60%民森B號(hào)民森蔡明8.34%16.19%東方港灣馬拉松東方港灣但斌8.33%16.52%乾坤一號(hào)坤陽(yáng)陳敏0.26%8.46%鑫地鑫地蔡杰-5.35%3.01%睿信1睿信李振寧15

54、.55%26.54%道合1道合裴繼偉5.04%10.43%海洋之星二號(hào)理成程義全19.60%27.18%云程泰2期云程泰魏上云37.18%46.16%道合2道合裴繼偉3.18%8.56%基業(yè)長(zhǎng)青2華寶信托 2.57%11.56%國(guó)軒國(guó)軒徐偉-2.76%2.63%云程泰1期云程泰魏上云34.45%43.44%時(shí)策時(shí)策 -3.83%4.53%泰石1期泰石車克9.49%14.87%基業(yè)長(zhǎng)青之積極進(jìn)取型華寶信托施大洋0.51%7.03%紅山1紅山李雅非-2.10%3.29%中國(guó)龍?jiān)鲩L(zhǎng)6云南信托王慶華-11.94%-2.71%中國(guó)龍?jiān)鲩L(zhǎng)1云南信托王慶華-11.85%-2.62%證大價(jià)值三期證大朱南松-2

55、.17%6.02%紅山2紅山李雅非-5.02%0.37%證大一期證大朱南松-3.12%5.07%隆圣1隆圣王貴文-1.73%9.26%隆圣2隆圣王貴文-1.87%9.11%證大增長(zhǎng)二期證大朱南松-4.59%3.61%中國(guó)龍?jiān)鲩L(zhǎng)5云南信托王慶華-15.35%-6.12%中國(guó)龍?jiān)鲩L(zhǎng)2云南信托王慶華-16.29%-7.06%隆圣4隆圣王貴文-5.07%5.92%隆圣3隆圣王貴文-5.83%5.15%金牛金牛 -11.04%-2.84%萬(wàn)利富達(dá)萬(wàn)利富達(dá)胡偉濤-4.86%0.53%曉牛一號(hào)曉牛杜金燕-7.66%3.41%平安價(jià)值一期惠理謝清海-3.60%4.60%中國(guó)優(yōu)質(zhì)1號(hào)鵬遠(yuǎn) -18.85%-9.8

56、7%鵬遠(yuǎn)中心鵬遠(yuǎn) -24.26%-16.07%龍馬1柏坊龍小波-31.37%-23.52%以太一號(hào)以太丁偉-23.77%-15.58%中國(guó)時(shí)機(jī)三期淡水泉趙軍-22.01%-13.82%嘉貝利一期嘉貝利 -14.44%-3.59%龍馬2柏坊龍小波-34.29%-27.91%塔晶獅王1塔晶冷再清-34.90%-28.38%鑫鵬鑫鵬阮杰-29.99%-24.61%塔晶獅王2塔晶冷再清-36.45%-29.93%塔晶老虎塔晶冷再清-39.71%-28.73%數(shù)據(jù)來(lái)源：好買基金研討中心好買6月份“五星私募點(diǎn)評(píng)好買基金研討中心一直將實(shí)地調(diào)研作為研討私募的重要組成部分，6月份，好買又對(duì)上海、北京、深圳等地的30多家私募管理公司進(jìn)展了走訪，并且結(jié)合歷次調(diào)研成果，精選六家“五星私募，分析投資業(yè)績(jī)背后的緣由，供投資者參考。1、翼虎翼虎的投資以“自下而上把握個(gè)股為主，從偏重于公司層面的角度來(lái)選股。在今年的市