For the basic people, there is a common problem: after getting the fund, I don't know how to judge the "good or bad" of the fund. So how do we novices judge whether a fund is worth holding for a long time? Bian Xiao compiled here how to judge the quality of the fund for your reference. I hope everyone will gain something in the reading process!

Moderate scale

The bigger the fund, the better. Performance is the natural enemy of scale. As the saying goes, the bigger the scale, the better the performance. As the saying goes, too large a scale will have an impact on the investment decision of fund managers, while too small a scale will easily lead to the risk of liquidation. The best way is to be moderate in scale.

A moderate fund manager will have no difficulty in management. Performance ability, through the next level.

Generally speaking, when choosing a fund, it is best to choose the scale of 65.438+0 billion-65.438+0 billion.

In addition to the size of a single fund, it also depends on the total size and number of funds managed by the fund manager. Too many funds will make fund managers more willing than able.

The fund has excellent historical performance.

Looking at performance is not only about the rate of return, but also about the comparison of short-term and long-term performance with similar funds and performance benchmarks.

For short-term ups and downs, you can look at the increases in recent 1 month, recent March and recent June; Long-term ups and downs can be seen in the past 1 year, the past two years and the past three years.

No matter what kind of fund, it has its own passing line-"performance comparison standard". The goal of most funds is to keep up with or exceed the comparison standard, which is considered as "through performance". You can generally judge whether a fund is a bad fund by regularly checking whether it has underperformed the passing line.

In addition, it is necessary to compare the performance with similar funds. If the short-term and long-term returns of a fund are mostly before 1/4 of similar funds, then this fund should be good. If the performance ranking in a certain period of time is very low, it is necessary to consider whether the fund has changed its fund manager, whether it has stepped on the thunder by holding assets and whether its investment strategy has changed.

The investment style of the fund is steady.

The style characteristics of some fund products are not stable, which is basically determined by the style of fund managers.

For example, some products, if managed by value fund managers in the early stage, are characterized by value investment style. However, if the manager of growth funds is changed later, this product feature may become a growth investment style. Even the names of many fund products do not match the characteristics of their products at all.

However, a good fund product can continuously bring the loyalty of the holders. From the perspective of product design, its characteristics need to be clear and stable, and it cannot fluctuate because of the change of fund managers.

The fund risk control is good.

If we judge the quality of a fund only by its earning power, we may not be able to judge the quality of the fund, because after all, the overall market environment is changeable, so we have to add an important indicator-the risk control ability of the fund.

The risk coefficient of the fund will generally pay attention to the volatility, Sharp ratio and maximum retracement of the fund.

Volatility represents the excess rate of return of the fund. The smaller the fluctuation, the closer its income is to the broader market. The greater the fluctuation, the more unstable its performance. The market fell sharply when it fell, and rose faster when it rose. Generally, the smaller the fluctuation, the better.

The higher the Sharp ratio, the better, and the more it can prove to be a low-risk and high-yield fund.

The maximum retreat is as small as possible. The smaller the retracement, the stronger the risk control ability of fund managers in stock selection and timing, which can well avoid the risk of market decline. Even when the big environment is not good, it can be suppressed first and then promoted faster, so that the fund's income can quickly turn losses into profits.

In fact, when buying a fund, it is very easy to strictly select the indicators of the fund and choose the potential base with the standard of selecting the right target. Some funds don't seem to surprise you too much on the surface, but holding them for a certain number of years can bring you excess returns.

Our evaluation of the fund lies not only in the amount of income, but also in how much risk we have taken in order to obtain income. Only on the basis of low risk, you can still get considerable income, and such income truly reflects the active management ability of this fund.

Fund managers have a high level.

Except for money funds and index funds, there is no need to pay too much attention to fund managers. Both hybrid funds and equity funds are fund managers' stock selection, and their stock selection ability directly affects their performance.

In the introduction of the fund manager, you can see the service years and work experience of the fund manager, and then you need to "score" the fund manager. As the saying goes, "Ginger is still old and spicy", the older a fund manager is, the more valuable he is. Market-baptized fund managers are often more reliable.

It is best for a fund manager to have more than 3-5 years of service as a fund manager. Be careful. You should have experienced at least one bull-bear battle. And the return on investment during his tenure is excellent, and the withdrawal rate can be reasonably controlled. He manages no more than five funds.

Under normal circumstances, a fund manager manages more than 10 funds, which will lead to poor performance of some funds due to limited energy, so when you look at the fund manager again, you must see how many funds he manages.

In short, for long-term investors, if you choose a good fund, the long-term holding value is far beyond your imagination. Historical data show that even the citizens who entered the market at the high point of 20 15, if they can hold it for a long time, the result is not bad.

No one can meet the future, ten times in ten years and five times in three years. These are just expectations for the future, and the market is unpredictable. It is unwise to make a definite prediction under uncertain circumstances. Therefore, the best strategy for investment funds is to choose a good fund and insist on holding it for a long time, so as to maximize the long-term income.

Tip:

First, we should pay attention to arranging the proportion of fund varieties according to our own risk tolerance and investment purpose. Choose the fund that suits you best, and set an investment ceiling when buying partial stock funds.

Second, be careful not to buy the wrong "fund". The popularity of funds has led to some fake and shoddy products "fishing in troubled waters", so we should pay attention to identification.

Third, pay attention to the post-maintenance of your account. Although the fund is worry-free, it should not be left unattended. Always pay attention to the new announcements on the fund website, so as to have a more comprehensive and timely understanding of the funds you hold.

Fourth, pay attention to buying funds, and don't care too much about the net value of funds. In fact, the fund's income is only related to the net growth rate. As long as the fund's net growth rate stays ahead, the income will naturally be high.

Fifth, we should be careful not to "love the new and hate the old" or blindly pursue new funds. Although the new fund has inherent advantages such as preferential prices, the old fund has long-term operating experience and reasonable positions, which is more worthy of attention and investment.

Sixth, we should be careful not to buy dividend funds unilaterally. Fund dividend is the return of investors' previous income, so it is more reasonable to change the dividend method to "dividend reinvestment" as far as possible.

Seventh, we should pay attention not to talk about heroes in the short term. It is obviously unscientific to judge the pros and cons of the fund by short-term ups and downs, and it is necessary to make a comprehensive evaluation of the fund in many aspects and conduct a long-term investigation.

Eighth, we should pay attention to the flexible choice of investment strategies such as steady and worry-free fixed investment and affordable and simple dividend transfer.

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