The Fund will publish quarterly reports every quarter, which will disclose the fund's positions. Many citizens have the investment habit of copying fund managers' homework, especially fund managers or star fund managers who manage excellent funds, and think that it is always right to follow the profession.

However, it should be noted that it is not advisable to speculate according to the top ten positions of the fund, because the quarterly report of the fund is only published once every quarter, and the published data is often lagging behind. When we see these positions, the fund manager may have made adjustments.

If we find that the fund manager has switched positions when the fund quarterly report is published, we don't have to worry too much. Under normal circumstances, in order to maintain the stability of the fund, the fund manager will control the turnover rate. Moreover, after the turnover rate is high, the lost handling fee needs to be paid by investors, which is not conducive to the investment experience of investors. We see that positions are frequently adjusted. If the fund does not fluctuate greatly, it means that the impact of position adjustment is very small.

For our investors, we can try our best to achieve a balanced allocation, but focus on holding positions in industry or theme funds, because the investment style of such funds is generally relatively simple, and it is easy to have a big callback when switching hotspots. In the case of balanced allocation, risks can be effectively dispersed.

Fund managers set up investment portfolios to diversify their investments, while the purpose of holding funds for a long time is to smooth the risk of market fluctuations. Therefore, it is a better choice to choose a trustworthy fund to hold for a long time. Choosing the right fund is the first step to the success of fund investment, and how to insist on holding it is a very critical step.