Consumer Industry Boom Continued To Rise, ICBC Credit Suisse Consumer Service Over The Past 5 Years, Revenue Over 125%

Since the fourth quarter, the consumer sector headed by Guizhou Moutai has been dancing in the wind.

Wind data show that as of November 7th, the CSI consumption index rose to 12.97% from October, much higher than that of the Shanghai Composite Index of 1.93% over the same period. Under the strong impetus of the plate market, the consumer thematic fund has performed well, and most of the fund products with "consumption" have achieved positive returns.

Among them, ICBC Credit Suisse

The mixed performance is outstanding. Since October, the increase has been 7.65%, and the annual return has reached 28.23%. In the past 5 years, it has achieved 125.45% of the profits. Compared with the benchmark performance, the excess return is over 57%, and the investment ability is outstanding.

The beautiful expression of consumption plates is inseparable from multiple positive factors.

Among them, performance has become the core driving force of plate rise. The quarterly reports of three listed companies show that the performance of each sub sector of the consumer sector has recovered, and the performance of food and beverage, pharmaceutical and biological, leisure services, textile and garment industries has continued to rise for two consecutive quarters, and the industry boom has continued upward.

In addition, foreign investment continues to increase, leading consumer industries and consumer industries are in the peak season. In recent years, the rapid rise of electricity providers, the "11 double" and "double 12" Shopping Festival is approaching, which is also a catalyst for the plate trend.

With the improvement of the plate market,

The theme funds are generally performing well.

Wind data show that as of November 7th, the average gains of general equity and partial equity funds increased by 4.12% and 4.54% respectively since October, while the consumption themes Fund (separate share separately) increased by an average of 6.35%.

Among them, ICBC consumer services mixed performance outstanding, winning the same level, and according to galaxy securities data, as of November 3rd, the fund this year, nearly 1 years, nearly 2 years of earnings are ranked the same kind of former 1/4, since the establishment of annualized return of over 10%.

Fund three quarterly report shows that

Consumer services have been distributed in food, beverage, pharmaceutical, biological, e-commerce and other consumer segmentation industries, and successfully captured the good bull stocks this year, such as hang Rui medicine, Yili shares and so on, which provided sufficient impetus for its leading performance.

In the long run, ICBC consumer service mix is showing a strong performance long distance running capability. Wind data show that as of November 7th, the fund's yields in recent 3 years and recent 5 years were 76.24% and 125.45%, respectively, winning 23.25% and 57.84% of the benchmark performance respectively.

From the historical data, because the fourth quarter is the traditional peak season for consumption, the performance of the listed companies is expected to grow steadily, reflecting that in the stock market, there will be a theme market of consumption plates every year from the fourth quarter to the beginning of next year.

This year, Guo Jin Securities said that with the gradual disclosure of the three quarterly results, it is recommended that the consumption industry should be allocated from the certainty of performance growth, and that it is suitable for the allocation of the "year-end valuation switch" sector, which benefits from the upgrading of consumption.

Guotai Junan also said in its latest research report that since 2017, the strength and toughness of the consumer sector is an important force supporting the performance of the total economy and the consumer industry.

The strong and resilience of the current consumer sector and the impetus for the improvement of the company's performance in the three quarterly consumer industry are domestic demand, while the incremental change in external demand is an important catalyst for the industry to get rid of it and the stronger the leading companies are.

Population structure inflection point, Lewis turning point, consumption upgrading trend will continue to form three forces, the consumer industry four quarter performance is expected to exceed expectations, thereby promoting consumption plate fourth wave market continues to deduce.

In the context of the "red envelopes" at the end of the consumer sector, financial investors suggest that investors can focus on the mixed theme consumer funds such as ICBC consumer services and share the growth bonus of the growth of the consumer industry.