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How to choose an excellent fund manager is solved in five steps.
Basic background and professional ethics of fund managers: An excellent fund manager should have a good background and excellent professional ethics, so when choosing a good fund manager, we should first look at his basic background and moral level, mainly focusing on the following two aspects: ① The professional counterpart of the fund manager has a high academic background and rich work experience. (2) No punishment experience or other employment stains.

Management experience of fund managers: As the leader of fund operation, fund managers should have rich management experience. After a long period of market test and practice, fund managers will have a deeper understanding of professional knowledge and investment concepts, so that they can make more accurate judgments when facing the market test again. When we look at the management experience of fund managers, we mainly look at the following two aspects: ① Manage a certain number of funds, and each fund has a certain scale. ② The income of the funds it manages is above the average income of the same type of funds.

Investment concept of fund manager: The investment concept of fund manager will also affect the income level of the funds he manages. We can judge his investment style by the length and types of his stock positions. Note: At present, the main investment styles are growth, value and mixing.

Risk management and control ability of fund managers: Fund managers should have sufficient risk management and control ability to cope with unexpected situations in the market. Generally, we judge by analyzing the maximum withdrawal rate of funds managed by fund managers. When the highest cash withdrawal rate exceeds the average level, it shows that it does not have enough ability to deal with sudden risks.

Profitability of fund managers: fund managers should have sufficient profitability, and we can judge the profitability of fund managers by analyzing the rate of return and Sharp ratio of the funds they manage. Fund managers with high yields and sharp ratios generally have better profitability. Note: Sharp ratio represents the ratio of excess returns and risks borne by investors; If it is positive, it means that the fund's rate of return is higher than the risk of fluctuation; If it is negative, it means that the risk of fund operation is greater than the rate of return.