We may have been attracted by the excellent performance of the fund in the past, but after holding it for a short time, we found that the performance was mediocre and we felt terrible. However, the short-term performance of the funds we hold is generally normal! Today, Bian Xiao will share with you the reasons for the short-term performance of some funds for your reference only!

What are the reasons for the poor performance of some funds in the short term?

1, affected by market/industry. The market performed well in the early stage, and the recent callback may fall into a shock period. The fund invests in stocks, bonds and other assets. When A shares change, the fund will naturally adjust accordingly. If it is an industry theme fund, it may be affected by the industry;

2. Affected by heavy stocks. It may be that the stocks of the fund's heavy positions have risen and fallen, and finally they just leveled off, and the net value finally showed people that they hardly rose or fell;

3. Affected by the fund strategy. Some funds have relatively balanced investment strategies and stable performance, and pursue long-term returns. We may be mediocre in the short term, but we will find it very good after a period of accumulation. Such funds are often more resilient;

4. It may also be affected by the short-term fund manager's performance, such as the fund manager's misjudgment or his inability to cope with the current scale management. No matter how good a fund manager is, it is difficult to always judge correctly and always be excellent.

The performance of fund interval is influenced by many factors, the market is changing and the industry is changing. Although we entrust a very good fund manager to manage it, it is difficult to remain excellent all the time, just as it is difficult for you to make a company grow at a high speed forever, and the influencing factors are uncertain. But if we take a long-term view and give the market and capital more time, we will find that there are many more certain things.

What is a fund position?

The fund has diversified investment objects and can invest in financial instruments such as stocks and bonds. The fund's position refers to the process that the fund manager invests in stocks, bonds, etc. By using the funds in the fund, the shares held can be increased. Investors can clearly understand which stocks or bonds the fund has invested in and what the investment ratio is by looking at the fund's position information.

Under what circumstances can we consider fund lightening?

1. There are urgent arrangements for the use of funds, and the overall fluctuation of the account has exceeded its risk tolerance.

If you have allocated more partial stock funds and are very concerned about the fluctuation of account income every day-then the current asset allocation structure may exceed your risk tolerance.

In this case, it may be a little overwhelming to suggest that you "hold it for a long time" or "invest in a certain position and wait for the market to pick up", so it is ok to stop the loss in time when the market is in a downturn and avoid making yourself worse by pulling the front line longer ~

2. The fund is not operating normally.

What is abnormal? Short-term decline and market fluctuation may not be called "abnormal" ~

3. After the change of the fund manager, the performance has turned sharply, which is quite different from the market trend. The performance is far worse than that of similar funds or markets, and the investment style has seriously drifted (the large-cap stocks with heavy positions have become focused on small-cap stocks, and the shareholding concentration has suddenly increased/decreased. )-These may be problems with the operation of the fund itself, so we can consider lightening or even clearing the position.

What are the reasons for the poor performance of some funds in the short term?

★ Investment Guide for Fund Market

★ Why is the fund valuation rising but the net value falling?

★ The fluctuation rhythm of the stock market in each month of the year

★ The market fluctuated at a high level. Should it make a profit or increase its position?

★202 1 Why did the fund fall?

★ Should the fund continue to add positions or cut meat and leave?

★ Why is the Hong Kong stock fund full premium?