* * Science and Technology Innovation 50 Index Fund * *:
1, go directly to bank outlets or online banking and mobile banking * * Technology Innovation 50 Index Fund;
2. Conduct fund transactions in the online trading system of third-party sales platforms such as Alipay and Tian Tian Fund;
You can create 50 index funds in securities companies or securities software.
Note: The index code of Science and Technology Innovation 50 Index is 000688.
How to buy index funds mainly depends on the following indicators:
According to the different replication, index funds are divided into passive index type and enhanced index type. Because of their different investment strategies, there are some differences in their choice methods, but the overall idea is the same. Novices often come to this website to learn about stocks.
* * Skills are as follows:
1) wide bottom and narrow bottom
Generally speaking, stock index can be divided into broad base and narrow base. SSE 50, CSI 300, CSI 500 and GEM are broad-based. These indexes have a wide range of investments and are distributed in different industries and themes. As long as the market situation comes, it will have a good performance and is suitable for most investors. Consumption, medicine, dividends, computers and other indexes belong to the narrow base. These indexes have narrow investment scope and concentrated risks, and are suitable for investors who have a certain understanding of a certain industry or theme and have an accurate grasp of the market (if investing, it is recommended to invest in industries and themes with medium and long-term investment logic).
2) "Risk" matching
Because the underlying index generally has a long history, the risk of index funds can be predicted to some extent. For example, the constituent stocks of SSE 50 and CSI 300 are large-cap stocks, which are value-oriented and have low historical volatility; The constituent stocks of CSI 500 and Growth Enterprise Market are small and medium-sized stocks, which fluctuate greatly in history. Investors should also match their risk preferences when choosing the underlying index.
3) conform to the market style
The selection of the underlying index must conform to the current market style. Otherwise, if the market differentiation is serious, it will not only make no money, but also lose money. As can be seen from the Sharp ratio in the above table, in recent years, large-cap stocks have performed well, and the "brilliant" SMEs in the past are terrible. The current market style continues. As of 20 18. 10.29, SSE 50 has fallen by 16.46% this year, while CSI 500 has fallen by 33.4 1%.
However, I am glad that the valuations of CSI 500 and GEM are extremely low. At this time, the admission cost is low, and the A-share market has the characteristics of style rotation. I believe that one day, small and medium-sized stocks will usher in "spring".
4) Low stock valuation
Valuation is also an important criterion to judge whether the index is worth investing. Whether it is a wide radix or a narrow radix, we should try to choose the undervalued one. On the one hand, low valuation represents a high margin of safety, and there is limited room for further decline; On the other hand, when the index is extremely undervalued, profit-seeking funds will enter, and the valuation will return to a reasonable level in the long run.
Generally speaking, the historical percentiles of PE and PB are below 30%, which is underestimated. In addition to PE and PB, ROE is also a frequently referenced indicator. At present, the information of CSI 500, GEM index, all-index optional, all-index medicine and all-index is extremely underestimated (percentile