Reuters logo
TABLE-Reuters Asset Allocation Table (China) Dec 2016
December 30, 2016 / 7:11 AM / a year ago

TABLE-Reuters Asset Allocation Table (China) Dec 2016

(For accompanying report, click )
    SHANGHAI, Dec 30 (Reuters) - The following table shows suggested domestic asset allocations and
market outlook provided by eight China-based funds surveyed for a monthly Reuters poll.
For accompanying news, click 
    
    Below are some details of the poll.  
    
    1) Suggested asset allocations by eight fund management companies over the next three months (in
percent). The funds declined to be identified for their individual forecasts. Totals may not add up
to exactly 100 percent due to rounding.
 FUND          STOCKS       BONDS        CASH
 A             60           30           10
 B             65           20           15
 C             85           0            15
 D             80           0            20
 E             95           0            5
 F             70           0            30
 G             90           0            10
 H             80           0            20
 AVG           78.1         6.3          15.6
        
    2) Monthly average recommendations for asset allocation in the next three months.
         Dec     Nov    Oct     Sept   Aug     July    June  May    Apr  Mar   Feb   Jan   Dec   Nov
                                                                                           2015  
 STOCKS  78.1    76.9   72.5    68.1   71.9    76.3    76.9  71.9  69.4  71.3  71.9  75.0  75.0  69.4
                                                                                                   
 BONDS   6.3     3.8    11.3    7.5    8.8     5.6     6.3   7.5   6.3   12.5  10.6  12.5  12.5  14.4
 CASH    15.6    19.4   16.3    24.4   19.4    18.1    16.9  20.6  24.4  16.3  17.5  12.5  12.5  16.3
 
    3) Expected changes to asset allocation over the next month.
     STOCKS       BONDS       CASH 
 A   REDUCED      UNCHANGED   RAISE
 B   UNCHANGED    UNCHANGED   UNCHANGED
 C   UNCHANGED    UNCHANGED   UNCHANGED
 D   RAISE        UNCHANGED   REDUCED
 E   UNCHANGED    UNCHANGED   UNCHANGED
 F   RAISE        REDUCED     UNCHANGED
 G   RAISE        UNCHANGED   REDUCED
 H   REDUCED      UNCHANGED   RAISE
 
   4) Forecasts for Shanghai Composite Index         (the index closed at 3,103.40 points on Dec. 30)
three months from now. Participants have given a range for their forecasts, the average of their
range is used to calculate the overall average.     
 FUND    
 A       3,000
 B       2,900-3,300
 C       3,000-3,400 
 D       3,000-3,400 
 E       3,300  
 F       3,100-3,400
 G       3,100
        
   5) Suggested equity allocation over the next month by sector.
                             A   B    C    D   E    F   G   H
 AUTOS                       10  5    0    5   0    0   5   5
 CONSUMER NON-DURABLES       30  15   35   30  60   40  20  25
 ELECTRONICS & TECHNOLOGY    5   15   0    5   40   0   50  25
 FINANCIAL SERVICES          30  10   40   20  0    10  0   5
 METALS & METAL PRODUCTS     5   5    5    0   0    0   0   15
 REAL ESTATE                 5   5    5    5   0    0   0   0
 TRANSPORT & INFRASTRUCTURE  5   10   0    10  0    10  0   15
 ENERGY                      0   5    15   10  0    20  0   0
 MACHINERY                   10  10   0    0   0    20  15  10
 OTHER                       0   20   0    15  0    0   10  0
 
 6) Monthly average forecasts for equity allocations in the next three months (percent)    
             Dec   Nov    Oct  Sept  Aug   July    June    May     Apr    Mar   Feb   Jan    Dec
                                                                                             2015
 AUTOS       3.8   2.5   5.3   4.4   7.5   5.0     6.3     5.6     4.4    4.4   2.5   5.0    1.9
 CONSUMER    31.9  29.4  29.1  30.6  31.9  30.6    31.3    30.0    33.1   30.6  31.9  27.5   27.5
 ELEC/TECH   17.5  18.1  17.5  18.1  17.5  16.3    18.8    18.1    16.3   16.3  18.8  20.0   23.8
 FIN SERVS   14.4  20.6  18.1  15.6  11.9  12.5    12.5    16.3    15.0   15.0  13.8  15.6   14.4
 METAL/PROD  3.8   3.1   2.5   3.1   3.1   3.8     3.1     3.1     3.8    2.5   4.4   3.8    1.9
 PROPERTY    2.5   3.8   4.4   5.0   5.0   6.9     4.4     5.0     7.5    6.3   6.3   5.6    8.1
 TRANSPORT   6.3   5.6   5.0   5.0   5.0   5.6     5.6     5.0     6.3    7.5   6.3   6.3    7.5
 ENERGY      6.3   3.8   4.4   3.8   3.8   4.4     4.4     4.4     2.5    3.8   2.5   2.5    3.1
 MACHINERY   8.1   5.6   5.6   5.6   5.6   6.3     6.9     6.3     6.9    6.3   5.0   7.5    8.8
 OTHER       5.6   7.5   8.1   8.8   8.8   8.8     6.9     6.3     4.4    7.5   8.8   5.6    3.1
 
 (Reporting by David Lin, Jackie Cai and Samuel Shen; Editing by Kim Coghill)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below