Benefits of closed-end funds: 1. Closed-end funds have dual valuation advantages---the dual advantages of lower valuations of large blue-chip stocks held heavily and higher discount rates, plus the possible introduction of The mandatory dividend measures will force its trading price to return to its net value, and closed-end funds will have better investment value and risk defense capabilities.

2. With the establishment of China Financial Futures Exchange, the upcoming domestic stock index futures trading is expected to activate the 81.2 billion closed-end fund market, causing the discount rate of closed-end funds to trend downward, and the annualized arbitrage Yields returned to reasonable levels.

3. The emergence of the stock index futures short-selling system is expected to give investors a new closed-end fund arbitrage trading model, that is, short stock index futures, buy closed-end funds at the same time, and use hedging transactions to arbitrage closed-end funds. The discount space of the fund. In fact, this kind of arbitrage trading for closed-end funds and stock index futures has promoted the discount rate of closed-end funds to return to rationality to varying degrees in countries such as the United Kingdom and the United States.

4. The opening of the margin trading and securities lending business will also make closed-end funds become collateral for the margin trading and securities lending business, and enjoy the same high discount ratio of 80% as treasury bonds, and their stable income will become the basis for securities companies. The most valuable bargaining chip in the business.

5. The management's vision for the reform of closed-end funds. The upcoming launch of new closed-end funds will provide an opportunity for existing closed-end funds to launch market trends.

6. Transaction fees are lower than open-end funds, and liquidity is better than open-end funds. You can pay attention to closed-end funds due in 2008 such as Kehui and Fund Handing (1.758, -0.00, -0.11%). These two funds currently have a discount rate of 13%, an internal rate of return of 15%, and an annualized rate of return. At 8~9%, pyramid methods can be used to buy in batches.

As expectations for a market rebound gradually increased, Ruifu’s aggressive secondary market transaction prices continued to resist the decline in September, becoming the only fund with a positive price return, with an increase of 5.12%. . Other funds that resisted falling prices were: Fund Jinxin fell 0.18%, and Fund Taihe fell 0.92%. The top three funds with price declines were: Fund Kehui fell 18.33%, Fund Tongqian fell 12.05%, and Fund Hansheng fell 10.86%.

The total transaction volume of closed-end funds in the month was 8.916 billion yuan. An increase of about 23.50% from the previous month. The top three funds with the highest turnover rate are: Ruifu Enterprising (67.21%), Fund Tongqian (42.03%), and Fund Tongsheng (32.66%). The net values ??of closed-end funds fell across the board in March, with the top three funds falling: Fund Kehui falling 14.21%, Dacheng Youyi falling 9.82%, and Fund Tianhua falling 8.31%.

As of September 30, 2008, The current average discount rate of closed-end funds is 24.15%, which is basically the same as the end of the previous month. The discount rate of Ruifu Enterprising has remained relatively stable for two consecutive months, as high as 84.64%.

There are three funds with discount rates above 30%, they are: Fund Tongqian (32.76%), Fund Tongsheng (30.98%), Fund Jingfu (30.84%)

Code name expiration date Current price discount rate of dividend-distributed net value

500001 Jintai 2013.03 1.627 0.000 3.808 3.021 0.793

500003 Anxin 2013.06 1.813 0.400 3.363 2.647 0.787

500005 Hansheng2014.05 1.574 0.265 3.795 2.980 0.785

500006 Yuyang 2013.07 1.931 0.200 3.746 3.046 0.813

500008 Xinghua 2013.04 2.237 0.524 3.747 3.128 0.83 5

500009 Anshun2014.06 1.662 0.400 3.145 2.529 0.804 < /p>

500011 Jinxin 2014.01 1.203 0.000 3.157 2.439 0.773

500015 Hanxing 2014.12 0.77 0.100 2.701 2.010 0.744

500018 Xinghe 2 014.07 1.635 0.200 3.156 2.513 0.796

500038 Tongqian 2016.08 1.773 0.300 3.253 2.481 0.763

184688 Kaiyuan 2013.03 2.412 0.820 3.212 2.615 0.814

184689 Puhui 2014. 01 1.493 0.200 3.859 2.972 0.770

184690 Tongyi 2014.04 1.602 0.700 3.006 2.341 0.779

184691 Jinghong 2014.05 1.603 0.600 3.489 2.798 0.802

184692 Yulong 2014.06 2.514 0.270 3.647 3.052 0.837

184693 Pufeng 2014.07 1.647 0.100 3.149 2.425 0.770

184698 Tianyuan 2014.08 2.205 0.800 3.252 2.616 0.804

184699 Tongsheng 2014.11 1.524 0.4 00 2.967 2.284 0.770

184701 Jingfu2014.12 1.357 0.200 3.071 2.365 0.770

184703 Jinsheng 2009.11 2.588 1.200 2.943 2.597 0.882

184705 Yuze 2011.05 2.091 0.300 3.502 3.011 0.86 0

184721 Fenghe 2017.03 1.869 0.635 2.994 2.467 0.824

184722 Jiujia 2017.07 2.616 0.000 4.071 3.430 0.843

Funds have relatively lower risks than stocks, but there are also risks,

Large market long-term === Fund Yulon and Jiujia and Kerui

Small-cap short-term === Kehui Kexiang Tongde

Your idea of ??investing in closed-end funds is also very good, but this idea is a bit immature, because closed-end funds I like to change my face very much, always closing and opening, and it will be "opened" in less than three years, so when it is opened, it is no longer a closed-end, but an open-end fund.

Does your problem exist? There is great uncertainty.

Now is not the best time to invest in stocks and funds. It will take a long time for the market to recover. It is better to wait and see.