Many people will settle accounts like this when they buy funds. The same fund with a net value of 1 10,000 yuan can buy 1 10,000 shares, but the fund with a net value of 1. 3 yuan can only buy more than 7,600 shares, so the cheap fund can get more shares, so I bought it. In fact, the price level does not affect the risks and returns of investment funds. For example (excluding the handling fee factor), the investment fund has 1 1,000 yuan, the current net value of fund A is 0.5 yuan, and the current net value of fund B is 1 yuan. 500 yuan can buy 1000 copies of the fund, and 500 yuan can buy 500 copies of the fund. The next day, the fund rose sharply, and both Fund A and Fund B rose by 2%, so Fund A rose by 0.0 1 yuan each, and Fund B rose by 0.02 yuan each. Profitability is as follows:
(1) income of fund a: principal 500 yuan × 2%= 10 yuan or 0.0 1 yuan × 1000 copies = 10 yuan.
(2) Income of Fund B: principal 500 yuan × 2%= 10 yuan or 0.02 yuan× 500 copies = 10 yuan.
As can be seen from the above example, in fact, the profits and losses brought by high-priced and low-priced funds mainly depend on the principal invested and the daily ups and downs, and have nothing to do with the share. Although funds with low prices can buy more stocks, it does not mean that they are more profitable than funds with high prices.
Another reason for thinking that the lower the fund price, the better, is that many people think that the cheaper the fund, the greater the upside. In fact, funds are different from stocks. The stock price depends on its fundamentals and the relationship between market supply and demand, while the fund price reflects the value of assets such as stocks and bonds held by the fund. Funds with low unit net worth, that is, low prices, may not necessarily rise fast. The performance of the fund has nothing to do with the price. At the same time, low-priced funds and high-priced funds face the same market conditions, and the future investment income of the fund depends entirely on the investment level of the fund manager, which has little to do with the current price of the fund.
The current net value of the Fund is only a reflection of the historical performance of the Fund and does not represent the future performance of the Fund. When choosing fund products, only buy the immediate net value of the fund, while the long-term net value change of the fund is unpredictable, which may be higher, flat or lower. Therefore, it is also biased to take the current net value of the fund as the basis for whether to buy the fund. It is not that the lower the net worth, the greater the investment value.