摘要
輝達創辦人黃仁勳、AI 女王蘇姿丰等科技大咖今年相繼奔台，投資市場掀起 AI 熱浪，更是今年來助攻股市的關鍵主流。以美股三大指數來看，費城半導體指數在科技股大漲助攻下，2023 上半年漲幅高達45%，遠遠領先道瓊指數及 S&P 500，瀚亞美國高科技基金明顯跟上行情。
在 AI 趨勢發酵下，全球大型投資機構明顯做多美國大型科技股，6月份最擁擠的交易比例也從 5 月份約 30%，大幅增加至 55%。而下半年 AI 股是否續航股市熱度？受到市場矚目。
AI 不只是一波短期投資旋風，AI 產業結構性成長趨勢可期，美國科技股表現自然相當有戲。瀚亞投信認為，美國大型科技股將最為受惠，建議投資人鎖定瀚亞美國高科技基金。
AI 科技股長線列車 優選美國高科技
瀚亞美國高科技基金掌握「美國、科技股」兩大特性，重點持股以半導體、智能應用等主流股票，由於半導體是 AI、元宇宙、自駕車等現代科技的大腦與心臟，基金策略自然最能受惠到本波AI概念行情。
根據 Lipper 資料統計，以投信投顧公會分類的跨國股票-美國股票型基金表現來看，瀚亞美國高科技基金各期間報酬表現均優於同類型平均，四分位排名皆位居第一或第二。
表：瀚亞美國高科技基金績效
資料來源：Lipper，截至2023.6.30，分類依據為投信投顧公會-跨國股票型-美國股票，報酬率%，新台幣計價。
瀚亞美國高科技基金為國內少數投信發行、以美國科技股為主的境內基金，適合國人直接持有新台幣投資，另有美元級別。截至 2023 年 5 月，基金布局半導體產品及設備產業占約 49.13%，軟體、資訊技術服務類股比重分別為 17.03%、9.94%。前十大持股來看，包括輝達、AMD、Marvell、ASML 等關鍵半導體族群，今年其股價大漲自然貢獻至基金繳出亮眼報酬。其他亦有 APPLE、Microsoft 等硬軟體科技股大廠，另持有特斯拉等電動車族群，不漏掉任何科技趨勢成長機會。
表：基金最新前十大持股
資料來源：瀚亞投信，截至2023.5.31。資料僅作說明使用，無任何推薦投資標的之意圖，市場有潛在風險，過去績效不代表未來之績效表現。
AI 科技股大行情 預期還沒走完
全球經理人紛紛看好美國大型科技股未來表現！據美銀美林 6 月份全球經理人調查報告指出，受惠於 AI 的應用廣泛，有望帶動大型科技股在未來兩年開啟牛市行情，40% 的經理人認為 AI 科技相關公司在將有更高的獲利表現，14% 的經理人則認為將會同時帶動獲利表現及工作機會。
瀚亞美國高科技基金經理人林元平認為，美國企業第一季獲利雖然下滑，生成式 AI 導入軟體行業仍處早期階段，不僅能帶動高速運算半導體的強勁需求，市場甚至預估有機會讓全球軟體業每年新增 1,500 億美元以上的營收，受惠於大型科技公司基本面前景獲得改善。
展望後市，科技廠商在 AI 伺服器與其供應鏈，在發展中扮演極為重要的角色，瀚亞投信看好美國科技股表現相當有戲。隨市場對於景氣衰退的疑慮逐漸減輕，情緒也在 AI 議題帶動下高漲，信心也跟著回籠，建議投資人應以中長期投資思維進行資金配置，逢低布局瀚亞美國高科技基金，以掌握新的科技商機。
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