The classification of active fund and passive fund is the basic classification of fund style. The difference between active funds and passive funds is clear at a glance, so the study of fund style is generally aimed at the different characteristics of active funds.

Generally speaking, the investment style of the fund determines the performance style of the fund income, and the classification names of the two are basically the same, but there is no one-to-one correspondence.

Chinese name

Fund investment style

classify

Positive fund and negative fund.

subject

economics

type

Investment style

quick

navigate by water/air

Main types

commingled funds

Large plate, medium plate and small plate

The division of large, medium and small-cap funds is based on the market value of the stocks invested by the funds. Fund managers of large-cap stocks believe that the stock prices of large-cap stocks and the operation of their companies are relatively stable, and the risk of investing in these stocks is low, so they can obtain relatively stable long-term returns. Small-cap fund managers believe that small-cap stocks are more liquid and easier to obtain higher return on investment than large-cap stocks. Chinese stock funds believe in the "golden mean" and hope to gain the advantage of investing in large and small-cap stocks by investing in Chinese stocks.

Technical analysis and fundamental analysis

The division of technical analysis fund and fundamental analysis fund is from the perspective of fund stock selection. According to the trend of the secondary stock market, the technical analysis fund chooses stocks and constructs its own asset portfolio by technical analysis, while the fundamental analysis fund pays more attention to fundamental analysis such as macroeconomic environment, operating conditions of listed companies and industry conditions, and carries out asset portfolio on the basis of these fundamental analysis.