In fact, the first step in choosing a fund is to understand the types of funds, and then we can talk about choosing one or more funds that suit us and building our own investment portfolio. There are many kinds of funds, which can be divided into different types according to their openness, strategies and targets. Investors can freely choose according to their own risk attributes. Here, I would like to introduce the types of funds in detail.

According to the investment strategy, funds can be divided into the following categories, and their risks are decreasing in turn:

1. Active growth funds: With the pursuit of maximum capital appreciation as the operating goal, it usually invests in stocks with high price volatility, and the indicators for stock selection are often earnings per share growth, sales growth and other data, which are the most adventurous and enterprising, with the highest risk/reward, and are suitable for adventurous investors.

2. Growth: aiming at pursuing long-term stable value-added, the investment target is mainly the stocks of large-scale excellent companies with long-term capital growth potential, excellent quality and high reputation.

3. Value-oriented: the main strategy is to pursue stocks with undervalued prices and low P/E ratios, hoping to find those stocks that are temporarily ignored by the market and whose prices are lower than the value.

4. Balanced fund: aiming at both long-term capital and stable income. Usually, a certain proportion of funds are invested in fixed-income instruments, such as bonds and convertible corporate bonds, in order to obtain stable interest income and control risks, while the rest are invested in stocks to pursue capital gains. Moderate risk/reward, suitable for stable and conservative investors.

5. principal guaranteed fund: With the goal of guaranteeing the investment principal, it combines low-risk income-based financial instruments with riskier stocks. The mode of operation is to invest some funds in instruments with low risk, such as treasury bonds, and some funds in stocks, while some shares invested in stocks may be determined according to the net value of the fund. The higher the net value, the higher the part that can be invested in stocks. In China, principal guaranteed fund basically has a third-party guarantee. In foreign countries, because you can invest in derivatives, the investment part with higher risk of capital preservation fund can also invest the interest generated from bonds in derivatives and pursue income by amplifying leverage operation. However, investors should be reminded that the capital preservation fund can not be redeemed at any time, and it may also face the risk of principal loss if it is redeemed before the expiration of the guarantee period.

regular fixed investment focuses on the medium and long term, and it is suitable to choose fund products with outstanding comprehensive strength and stable long-term performance under the fund company. Of course, regular quota does not mean that there is no risk, so you need to choose the right products to invest according to your risk tolerance.

1. Long-term investment goal: reserve pension and children's education reserve. (Because the investment cycle is too long, it can face short-term fluctuations in the stock price, but pensions and children's education funds are important reserves in life, and it is not appropriate to choose varieties with too high risks. It is recommended to invest in a configuration fund.

2. Short-term investment objective: to meet short-term and sudden capital demand. (The investment period is short, and it is necessary to ensure that there will be no big losses when redeeming at any time. Choose low-risk varieties. ) you can invest in bond funds and partial debt funds.

3. Mid-line investment objective: The period is 5-1 years, which is needed for starting a business. (You can choose high-risk and high-yield varieties, and make appropriate adjustments to the varieties and positions of positions according to the big cycle of the stock market. In view of this goal, we can now start to invest in stocks or actively allocate them.

I don't know what your risk tolerance is. Compare the above three items.

index funds are guided by passive investment theory, while fixed investment is an operation method designed for long-term investment and vertically dispersing investment risks, and it is also an operation strategy designed by applying passive investment theory. The author thinks that fixed investment index funds are more suitable for old investors, and make timely adjustments according to the bull-bear replacement cycle of the stock market. In other words, when using passive investment strategy to invest in passive fund varieties, it is suitable to take some more active management measures.

The change of the net value of Yi 5 index fund mainly depends on the trend of the broader market. The underlying index is basically composed of blue-chip stocks in the broader market, which is an index with high long-term investment value. But index fund is the fund type with the highest risk level.

it means that according to the big cycle of bull and bear replacement in the stock market (according to the past situation in China, each cycle is about several years), we should choose the right time (such as after entering a bear market) to start fixed investment, stop fixed investment at the right time (bull market stage) and start to gradually redeem it. After the market plunged in the first half of the year, now is a good time to start a fixed investment.

I've always insisted on investing in the Yiji 5 Index, but it still depends on your tolerance and your ability.