It is common for fund managers to buy funds they manage. Fund managers can mobilize investors' investment enthusiasm to some extent by purchasing the funds they manage. On the one hand, I have confidence in the funds I manage, on the other hand, I may also have the marketing needs of fund companies. But anyway, the attitude and sincerity are already here.
If the fund manager bought the fund himself, does it mean that the fund is particularly good?
Of course, the fund purchased by the fund manager can be used as a reference, but it cannot be used as the only criterion to judge the potential of a fund. On the other hand, this behavior will also cause some risk factors. If the number of funds purchased by family members increases, it will bring more pressure to fund managers, and it is possible to adopt a more conservative strategy in order to avoid floating profits and losses as much as possible, thus missing some better profit opportunities.
If a large number of people in fund companies buy their own funds, the effective implementation of the relevant systems of fair trade and prevention of interest transfer will face challenges, the risk tolerance and compliance clauses of individual stocks will be strictly enforced, and the balance between these mechanisms and real interests will face challenges.
Generally speaking, it is a good thing for fund managers to buy the funds they manage, but we still need to consider these aspects and then choose the funds that suit us.
For example, we have to judge whether the type of this fund meets our investment needs, whether the risk tolerance is matched and so on.