The general industry will be liquidated when the net value is less than 0.7, which means that a fund will lose at most 30% and will not lose all. When the general fund is issued, it will be written in the contract: early warning line and flat warehouse line. In other words, when the fund falls to the agreed net value, it triggers a warning line, and the fund will generally reduce the proportion of positions. If it continues to fall, it will also trigger the liquidation line until the liquidation.

1. How to judge that a foundation can't sing goodbye?

1, fund theme trend

The trend of fund theme will affect the trend of fund. Generally speaking, when the fund theme ends the upward trend and starts the downward trend, the fund will also fall. When the fund theme ends the downward trend and starts the upward trend, the fund will also rise.

2. Market situation

Market conditions will also affect the trend of the fund. When the market is good, its theme will rise under the influence of the market, driving the fund to rise. On the contrary, when the market situation is not good, the fund will fall.

In addition, investors can judge the rise and fall of the fund according to the trend of its net value. For example, when the decline of the fund's net value hits a low level and then rebounds, it means that the fund's net value is supported by a low level and is about to start to rise.

On the other hand, when the fund's net value rises, it touches the upper high position and turns its head downwards, which means that the fund's net value is suppressed by the upper high position and is about to start to decline.

Two. Ability to judge the fund's rising trend

1. First, the timing ability.

Take the active partial stock fund as an example. Usually, the fund takes the market index as the benchmark for performance comparison, and the investment scope with high probability will be based on this benchmark, so the market trend has a great influence on the fund. However, the position of the Fund can be changed. For example, good timing ability can be reflected in the fund manager reducing the stock position of the fund to a lower level of 60% before the stock market falls sharply. Or raise the stock position to a higher level of 95% before the rise to reflect good timing ability.

2. Second, the ability to choose stocks.

There are only more than 3,000 stocks in Shanghai and Shenzhen stock markets, and the positions of general stock funds are in the range of dozens. How to build a fund portfolio through stock selection has become a big test to reflect the ability of fund managers. For example, when the market falls, there are always stocks whose fundamentals exceed expectations. These stocks can outperform the market with a high probability. If fund managers can seize these opportunities, they can show their better stock selection ability.

3. Third, the ability to allocate assets.

Funds can invest in different assets within a certain range, such as stocks, bonds and stock index futures, and can also participate in overseas assets and gold through instrumental funds. Because different assets react differently to the economic environment at the same time, asset allocation can spread risks and reduce fluctuations. Good asset allocation ability, high probability can cross the bull and bear.