Equity funds mainly invest in stocks, with positions above 80%. The net value of the fund fluctuates greatly with the fluctuation of the market. Do you know the types of stock funds? The following are the sources of stock funds brought by Bian Xiao for your reference. Let's have a look!
What are the sources of stock funds?
Fund company: Fund company is the main body that initiates and manages stock funds. They set up different types of stock funds according to market demand and their own investment strategies.
Investor purchase: investors invest their own funds in stock funds by purchasing fund shares. According to the purchase requirements of investors, fund companies use funds to buy different stocks to form a portfolio of funds.
Stock market: the investment object of stock funds is stocks, and fund managers will choose suitable stocks to invest in the stock market. Fund companies realize the change of fund portfolio by buying and selling stocks in the stock market.
What are the ways to make a fund purchase plan?
Set investment goals: define your investment goals, including investment period, risk tolerance and expected returns. This can help you determine the appropriate fund type and investment strategy.
Asset allocation: according to the individual's risk tolerance and investment objectives, rationally allocate assets, including determining the investment ratio of stock funds. It is generally recommended to reduce risks by diversifying investment and allocate funds to different asset categories and regions.
Research fund products: carefully study the characteristics, historical performance, expenses and other factors of different stock funds. Understand the investment strategy of the fund, the management ability of the fund manager and the fund scale, and choose the fund products that meet their own needs and risk preferences.
Regular investment: invest a certain amount of money on a monthly or quarterly basis, and purchase fund shares by means of regular fixed investment. This can spread the investment risk and gradually establish the investment portfolio.
What are the types of stock funds?
Stock funds can be divided into preferred stock funds and common stock funds according to the types of stocks. Preferred stock fund is a kind of stock fund with stable income and less risk. Its investment targets are mainly preferred shares issued by companies, and its income mainly comes from dividend income. Common stock funds aim at pursuing capital gains and long-term capital appreciation, and their risks are higher than those of preferred stock funds.
According to the degree of diversification of fund investment, equity funds can be divided into general common stock funds and specialized funds. The former refers to the diversification of fund assets into various ordinary stocks, while the latter refers to the investment of fund assets in some special industry stocks, which is risky but may have better potential returns.
According to the purpose of fund investment, stock funds can be divided into capital appreciation funds, growth funds funds and income funds. The main purpose of capital appreciation fund investment is to pursue rapid capital growth, thus bringing capital appreciation. This kind of fund is risky and has high returns.
It is risky for growth funds to invest in common stock with growth potential and income. Stock income funds invest in stocks issued by companies with stable development prospects, and pursue stable dividends and capital gains. This kind of fund has low risk and low income.
What are the investment risks of stock funds?
1, the fund scale is too large, the fund manager is difficult to operate, the pressure to prevent investors from redeeming is also great, and there are many cash positions, so sometimes it runs slower than the hybrid fund.
2. The stock market fluctuates greatly, and the timing of intervention is not appropriate. If you buy equity funds on the day when the market rises sharply, and then encounter stock market adjustment, the risk will be exposed.
3, frequent operation, the fund as a stock operation, because the transaction cost of the fund is more than the stock, there is the possibility of only earning the index and not making money.
4. The selected fund investment style is not the mainstream hot spot in the market.
Operation skills of stock funds
Whether the fund manager can choose the right stock is very important. To investigate the past performance of fund managers, we should not only look at the investment ability of fund managers in bull market, but also observe the stock selection ability of fund managers in bear market and shock city.
By analyzing the fund managers' heavy positions and net value fluctuations, I found that the performance of some fund managers can outperform the market and the same industry for a long time. They have the same characteristics: they can form their own investment style according to the unpredictable market, and excellent fund managers basically insist on value and growth investment.
Generally speaking, it is necessary to analyze the past performance of the fund, inquire about the number of years the fund manager has managed the fund, pay special attention to the fund managers who have experienced the bear-bull cycle in the stock market, and then determine the investment style of the fund manager by analyzing the fund's heavy stocks, and finally screen out 3 to 5 more reliable fund managers.