Distinguishing the ups and downs of OTC funds can be judged from the trend of the broader market and the valuation of funds. If the valuation rises on that day, it means that the probability of rising on that day is high; If the valuation of the fund falls, it means that there is a high probability of falling that day.
Extended information:
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund share can be added or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not listed and traded (as the case may be). Through the subscription and redemption of banks, brokers and fund companies, the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Funds are established in the form of investment fund companies by issuing fund shares, usually called corporate funds; It is established by fund managers, fund custodians and investors through fund contracts, and is usually called contractual funds. China's securities investment funds are all contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds.
(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.
The income of the fund comes from the future. For example, if you want to redeem a stock fund, you can first look at whether the future development of the stock market is a bull market or a bear market. Then decide whether to redeem or not, and make a choice on the timing. If it is a bull market, it can be held for a period of time to maximize profits. If it is a bear market, it is early redemption.
Converting high-risk fund products into low-risk fund products is also a kind of redemption, such as converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also an idea of redemption.
Just like regular investment, regular fixed redemption can not only do a good job in daily cash management, but also stabilize market fluctuations. Fixed investment redemption is a redemption method that matches fixed investment.
Investors should carefully read the prospectus, fund contract, account opening procedures, trading rules and other fund-related documents before purchasing funds. All fund sales outlets shall have the above documents for investors to consult at any time.
Individual investors should bring their agent bank debit cards and valid identity documents (ID card, military officer's card or armed police card), and institutional investors should bring the original business license, organization code certificate or registration certificate, as well as a copy of the above documents stamped with the official seal, power of attorney, agent's ID card and a copy.
Bring the preparation materials. Customers fill in the application form for fund business at the bank counter outlets and receive the business receipt after completion. Individual investors also need to get a fund trading card, and they can get the business confirmation at the counter two days after handling the fund business. Units or individuals can engage in fund subscription and redemption after receiving the business confirmation letter.