How to buy and sell leveraged funds?

Leverage refers to the base, which is bought and sold like a stock. Only one securities account is needed to purchase through online trading or mobile phone securities trading system.

When is the best investment opportunity for leveraged funds?

1 first of all, we must determine the arrival of a wave of rising market trends, the start of large-cap blue-chip stocks, or the market of industry sectors, or the market of classified markets (such as small and medium-sized board, growth enterprise market or B-share sector). Find the corresponding graded fund (Class B)

2. Looking for a large leverage ratio

3. Looking for small fund shares

4. Find a low premium rate

Step 5 find a listed company

Leveraged fund investment strategy:

Leveraged debt base

The first is the type of investment. Leveraged debt base includes partial debt products and pure debt products that participate in stock market investment. Partial debt products are greatly influenced by the stock market and have great volatility, while pure debt products are only influenced by the bond market.

The second is the size of the lever. Because the net value of graded debt base fluctuates little, the leverage ratio of leveraged debt base is highly correlated with the initial leverage ratio. The initial leverage ratio of leveraged debt base is between 3 times and 5 times, and the initial leverage ratio of Dolly Enterprising, Yuxiang B and Zengli B is 5 times. It should be noted that due to the regular redemption of Class A shares of semi-open graded debt base, Class A shares may change, which will further affect the leverage of leveraged debt base.

The third is the financing cost. The so-called financing cost refers to the agreed expected annualized expected return that the leveraged debt base pays the Class A share every year. This factor may not be very important for investors who operate in the band in the short term, because the financing cost of leveraged debt base has been reflected in the secondary market price, but for long-term investors or investors who subscribe during the issuance period, the financing cost needs to be considered emphatically.

Finally, discount the premium rate level. When the discount rate is high, it provides investors with a higher safety mat. On the contrary, when the insurance rate is high, the risk is relatively high. Due to different designs, investors should also refer to factors such as time limit, fund management level and liquidity when looking at the discount rate.

Lever finger seat

First, select the tracking index. There are many indexes tracked by leverage index base, such as CSI 100 index, CSI 200 index, CSI 500 index, CSI 800 index, SZSE 100 index, SZSE 300 index, SME board index, CSI 300 index and so on. Among them, the average P/E ratio and P/B ratio of CSI 100 index are low; The P/E ratio and P/B ratio of CSI 500, SME board, SME board 300 and entrepreneurial growth index are all relatively high, and the index fluctuates greatly. Choose an index with large fluctuation or small fluctuation according to your risk preference.

The second is the choice of lever finger base with the same index. There is more than one leverage index that tracks the same index. For example, the leveraged index funds that track SZSE 100P include Yin Hua Ruijin, Ruifu Enterprising, Guangfa 100B, etc. We should choose those funds with good liquidity and large trading volume.

The third is to avoid the risk of irregular conversion caused by low net worth of leveraged index funds. Most leveraged index funds are converted when the net value is less than 0.25 yuan, so that the net value of the funds is restored to 1 yuan, which leads to a decrease in the premium rate and a sharp drop in prices.

Fourth, we should distinguish the share leverage, net leverage and price leverage of leveraged index funds. Choose a leveraged index fund with high price leverage.