The supervision of "combination boxing" took effect instantly, and the commodity market changed overnight. 101On October 20th, coal futures and stocks staged a downward trend. Related ETF products also suffered heavy losses, and the funds in the market rarely fell. Previously, thanks to the surge in thermal coal futures, the income of related commodity ETF funds doubled during the year, and its share soared nearly three times in one month.
Regarding the prospect of the coal sector, some public investors believe that despite the long-term downward trend in demand, in the context of carbon neutrality, supply reduction is stronger than demand, and the industry boom is expected to continue in the short term. However, at present, the valuation of the sector has been fully reflected, and the expectation of supply growth in the coal market is expected to strengthen, and the growth rate of demand in the later period will also fall back.
Matters needing attention of the fund
One of the most common mistakes that retail investors make when buying funds is chasing up and killing down. A lot of evidence shows that the fund investment strategy of chasing up and killing down has caused many retail investors to suffer huge investment losses. From a scientific point of view, we first need to try our best to prove that fund managers really know what to do, not by luck.
Xiao Bai, the general manager of finance, lacks relevant financial management experience and knowledge. Investing in funds is not an easy task, and investors need to keep learning. Only by continuous learning can investment funds avoid detours.