Which is more worth buying, the old fund or the new fund?
In fact, the old and new funds have their own merits. Which one to choose can be judged from the following points:
1 Open positions to see the market environment
For example, in a bear market, new funds can often buy undervalued stocks in the process of opening positions, thus laying a good foundation for the future growth of the fund; However, in the bull market, the initial position of new funds is usually low because the opening period is about 3 months. After the opening of the position, the bull market also rose for some time. On the other hand, because the old fund has always maintained a certain position, it can enjoy the increase dividend of the market in the same period with great probability.
Therefore, if you are optimistic about new funds in a bear market or volatile market, you can buy new funds. If it is a bull market, it is recommended not to buy new funds casually.
2 Look at the performance of fund managers
Whether it is a new fund or an old fund, the most important thing in choosing a fund is to choose a fund manager to see how the fund manager's past historical performance and management ability are. For new funds, the easiest way is to see which funds the fund manager has been in charge of and what the long-term performance is; On the other hand, the advantages of the old fund are very prominent, because the long-term performance of the fund can be queried, and it is easier to trace the source.
3 Look at the investment theme
Some new funds tend to aim at the latest hot spots in the current market and look for investment opportunities through the latest hot spots. For example, the concept of new economy, MSCI, unicorn, medicine, consumption upgrading, etc., are currently attracting much attention in the capital market. A new fund with a clearer investment theme is more convenient for investors with clear investment direction to choose.
4 Look at the market style and policy trends
The securities market is not static, so we should always pay attention to policy trends and market trends. For example, the rise of Shanghai and Shenzhen 300 and CSI 100 means that the blue-chip market is better; If the growth enterprise market rebounds and lasts for a period of time, it shows that the market style is shifting to small and medium-sized market value. Judge the market style and see which new and old funds conform to the long-term and short-term trends of the market and which to buy.
In addition, in terms of policy, it depends on whether it conforms to the general policy trend, such as the recently popular pension fund and science and technology innovation board fund. If the new fund involves such hot topics, you can pay more attention.
The difference between the new fund and the old fund:
1, redemption time difference
The new fund is a fund in the raising period and has a certain closed period. Generally speaking, the closure period is 3 months, and the specific time is subject to the company announcement. The closed period cannot be redeemed, and it needs to wait for the open period to be redeemed; The old fund has no closed period, and investors can redeem it after the subscription fund is confirmed. Compared with the new fund, it is easier to redeem.
2. The reference basis of investors is different.
Investors investing in a new fund can only judge its trend according to the fund manager's operational ability, which is relatively risky. In the old fund, investors can judge the trend of individual stocks according to the operating ability of the fund manager and the historical performance of the fund, and the risk is relatively small.
Summary: Compared with the old and new funds, no one is more valuable than anyone else, mainly depending on the market conditions and the fundamentals of specific funds. At the same time, we should choose the right fund according to our own financial situation and risk tolerance.