How to buy a self-selected fund? What is the difference? I believe that many people who buy funds will definitely have several different ways to buy each fund. The following is the difference between how to buy the self-selected funds brought by Bian Xiao. I hope you like it.
How to buy a self-selected fund?
The difference between self-selected funds and some buying skills are as follows:
Purchase difference:
Self-selection: Self-selection fund means that investors choose and choose among many fund products according to their own investment needs and preferences. Compared with other types of funds, self-selected funds are more in line with individual investment goals and risk tolerance.
Portfolio diversification: Self-selected funds can build diversified portfolios according to the needs of investors. Investors can choose different types, styles and risk levels of funds to achieve the purpose of diversification and risk control.
Need for active management: self-selected funds need investors to take the initiative to conduct research and management. Investors need to pay attention to the performance of the fund, market conditions and portfolio adjustment, and buy, sell and adjust in time.
Buying skills:
Research fund information: Before purchasing a self-selected fund, it is recommended to carefully study the basic information of the fund, including the investment strategy, historical performance and cost structure of the fund. This helps to evaluate the quality and potential of the fund.
Diversified investment: When choosing a self-selected fund, you can consider buying different types and styles of funds to diversify your portfolio. This helps to reduce the risk of individual funds and improve the stability of the overall portfolio.
Regular evaluation and adjustment: continuously evaluate the performance of self-selected funds and make timely adjustments according to market conditions and personal needs. Avoid blindly chasing up and down and follow the principle of long-term investment.
Pay attention to expenses: Pay attention to related expenses when purchasing optional funds, including subscription fees, redemption fees, management fees, etc. Cost has a certain impact on investment income, and choosing a low-cost foundation is more conducive to long-term income.
Seek professional advice: If you are confused about the choice and purchase of funds, you can consult professional financial consultants or financial institutions and get their professional advice.
Please note that the above purchasing skills are for reference only, and the investment is risky. Please make a careful decision according to your personal situation and seek professional advice if necessary.
How to choose your own fund
Step 1: Choose the top funds in each stage.
Check the top 1 00 positions of funds in recent 3 years, nearly1year, 6 months and 3 months through some authoritative fund websites, organize them into Excel tables, and select (all) duplicate funds.
The main thing to remember here is not to choose a fund that has risen rapidly recently, but to look at its past performance, because the fund is suitable for long-term holding, not for short-term entry and short-term exit. Buying low and selling high is also the way to make money. Why should I learn to try and make mistakes by myself, instead of listening to the recommendation of everyone on the forum, because only by sticking to what I choose will I have more confidence in its growth space.
Step 2: Give extra points to two or more fund companies that have entered the ranking.
I have heard a saying that it is impossible for a fund company to have only 1 excellent products, because the star fund manager behind it may be replaced, and the performance of this fund will be very poor, so it is necessary to pay attention to the whole team (try to choose a big fund company). I still agree with this. Therefore, among the 30+ funds selected in the first step, the priority of the same fund company is given priority. Of course, this is just a bonus. If it is a star-rated fund product promoted by official website Fund or other channels, additional consideration can be given. After all, fist products must be the key maintenance, signboards!
Step 3: Filter according to some indicators.
The above two steps only narrow the scope. At this time, we can't make a subjective conclusion. I will further confirm according to some indicators.
1. The fund is established for 3-5 years.
The basic principle of buying a fund is to "buy the old and not buy the new". It's simple. The longer you know how to play, the more mature you are. It is still safe for newcomers to buy funds for 3-5 years.
2. The fund scale is 65.438+0-500 million.
If the scale is too small, some configurations have not been completed. If the scale is too large, at some important moments, "the ship is too big to turn around." I feel that 200-300 million is good.
3. Rating
You can look at the scores of some professional organizations, generally choose more than 3 stars, after all, people are professional.
4. Proportion of institutional investors
Directly speaking, the result is that the proportion of investment institutions in the fund is best controlled at 30%-50%, and less than 30% is not good. If it goes up, it won't affect much but it's not that good. In addition, we should pay a little attention to the proportion of subscription and redemption. Some of them have been redeemed in the past 1 year, so think about why everyone is not optimistic, unless you are confident and have a unique vision. Anyway, I watched all three items together.
According to the above four hard indicators, I will "hide" some funds, but I will make supplementary consideration in the next round (after all, there are few funds with perfect conditions, and my judgment criteria are not very comprehensive).
Step 4: Comprehensive evaluation of fund managers.
This is a very personal judgment. Let me give you an overview. First of all, it depends on the return of this fund in the hands of this fund manager. It should be noted that although some funds have excellent performance, this manager has just taken over, and the previous performance was left by the former manager, which needs to be considered for some time. Secondly, it depends on the manager's return on other funds. The past record is still very telling. Further, you can check his related deeds and understand his investment style.
Step 5: The investment risk is high.
The third and fourth steps are elimination. Generally, if two or three indicators fail to meet the standard, they will be out. If there is a rebound momentum or other data is very competitive, you can also consider entering the final escape! After layers of screening, there may be only a few funds at hand at this time, so some indicators to measure investment risk can come in handy, such as standard deviation, which can show the risk of capital fluctuation. It is suggested to choose a stable fund with less fluctuation as far as possible.
How to buy quantitative funds?
Generally speaking, there are three kinds of public offering quantitative funds: active quantitative funds, index-enhanced quantitative funds and quantitative hedge funds.
The essence of active quantitative funds is the same as that of other active management funds. However, it mainly relies on computer systems to screen investment targets and conduct trading. In the current A-share market, the performance of most active quantitative funds is still better than that of the Shanghai and Shenzhen 300 Index. However, the long-term performance does not have much advantage compared with the ordinary partial stock funds managed by fund managers.
Index-enhanced quantitative funds, generally speaking, the goal is to outperform the specified index. For example, the Shanghai and Shenzhen 300 Index Enhancement Fund, the fund manager will calculate a large number of indicators on the basis of the Shanghai and Shenzhen 300 constituent stocks, and select some stocks that are better than ordinary constituent stocks. Or make some adjustments to the allocation ratio, so as to obtain better returns than the index. What it pursues is to outperform the market index.
Quantitative hedge funds generally pursue absolute returns. Most quantitative hedge funds will sell stock index futures while buying stocks and establish hedging relationships. The purpose is not to let one side move. For example, a stock crash leads to a loss. At this time, the reverse direction of stock index futures means making money. Once the two hedge, the overall risk will be reduced. The purpose is to strip off systemic risks and seek stable excess returns after long and short hedging. This kind of fund is more suitable for ordinary investors.
For ordinary investors, knowing the classification of quantitative funds can roughly screen out suitable funds according to their own needs. But if you want to actively manage quantitative funds, how to screen them? In fact, there are several dimensions to consider.
1. Whether the performance of historical performance can have sustained and stable returns, or whether there have been many ups and downs, these are a big test for investors.
2. How long has the fund product been profitable? For example, whether it can only make short-term profits or long-term profits. If it is profitable for a long time, the technology is relatively reliable.
3. Look at the investment strategy and objectives. Generally speaking, the mixed strategy of quantitative funds is more robust than the single strategy.
4. Does the prospectus introduce quantitative methods, such as whether there is a quantitative model and hedging mechanism?
5. The background of the fund manager and whether the company has a good sense of risk control.
Did the foundation fall 10 days in a row?
It is possible for the fund to continue to fall 10 day, but this possibility is relatively small, because the fund is a highly volatile product, but it rarely keeps falling or rising, unless the market of the fund is very poor and continues to fall 10 day.
When buying, you can refer to the income of an early fund to see if there is a continuous decline of 10 days. Generally speaking, this situation is rare. Although the past income does not represent the future, it will still have certain reference value.
Secondly, if investors can't bear relatively large risks, then they can consider monetary funds with lower risks. Money funds are mainly for investment, with little risk. The possibility of holding losses for a long time is very small, and the income is not much, but it is generally stable and more suitable for conservative investors.
What indicators are better for buying funds?
In fact, the answer to this question is similar, because the analysis index of the fund is fixed. For example, the maximum withdrawal amount of the fund, Sharp ratio, historical performance of the fund, Shanghai and Shenzhen 300 income curve, fund size, whether the fund has dividends, fund valuation, professional level of the fund manager or fund management team and so on. These indicators can be used to evaluate the quality of the fund. Of course, we can't do it unilaterally. That would be too one-sided. We need to consider all the indicators.
Although we can evaluate the quality of a fund through the analysis of various indicators of the fund, the analysis of these indicators is external and has the nature of * * *. In my opinion, we investors need to analyze our own indicators first.
From the inside out, this analysis of fund quality will have individual characteristics, so as to find a more suitable fund. For example, only by evaluating your risk tolerance can you know which fund type you are suitable for, because different fund types have different risks. There is also an analysis of your investment style, expected target income and idle funds, so that you can find your personality characteristics from * * * *. First analyze your own personality indicators, and then analyze the * * * indicators of the fund to find a suitable investment fund.