Operation strategy of index grading fund
Index grading funds have diversified investment strategies. The unique hierarchical structure design can not only provide different investment strategies for investors with different risk tolerance, but also enable investors to derive more investment strategies through transactions between shares at all levels.
At present, there are three mainstream operating strategies of index grading funds, including long-term holding, band operation and arbitrage trading.
In addition to long-term holding, the most mainstream investment methods of index grading funds are different share rotation investment and band operation.
Compared with the first two types of operating strategies, the arbitrage trading of graded funds is much more complicated, and many different investment methods are derived.
Specifically, arbitrage trading can be divided into six types, including discount arbitrage, stock index futures hedging risk arbitrage, risk-free discount arbitrage, margin financing and securities lending portfolio arbitrage, ETF portfolio arbitrage and spot arbitrage.
Extended data
Matters needing attention in investment
1, insurance rate
The change of fund price mainly depends on its net value. As long as the net value of the fund is improving, its price will go up. The ratio of fund price to net value is called premium rate, which needs attention.
2. Look at the trend of index grading funds.
There are many index funds, such as Shenzhen Component Index, Small and Medium Board Index, Growth Enterprise Market Index, 50 Index, 300 Index, CSI 100 Index and so on. Because the constituent stocks contained in the index will be different, it is necessary to focus on choosing index funds.
For example, the trend of blue-chip heavyweights in this round of market is relatively strong so far, so the corresponding graded funds have increased a little. If the trend of small and medium-sized stocks in the last wave of market is relatively strong, the corresponding grading foundation has a little growth.
3. Liquidity and duration of the fund
After all, funds are not the main investment targets, so the liquidity of many funds is seriously insufficient. It won't be held for a long time, so we must consider liquidity, especially for big investors.
Baidu Encyclopedia-Index Grading Fund