The fund's annual report can generally be found in the fund company official website and the China Securities Regulatory Commission official website. There are many contents in the annual report. First of all, you can look at the fund's position portfolio in the last quarter, so that you can see the fund manager's operating ideas and the major events of the fund company in the past.
Then look at the stock portfolio classified by industry at the end of the year. The annual report will announce all the stocks held at the end of the year, mainly to see what stocks the fund manager bought and whether it is the same as his investment strategy. You can usually see it in your post. From this, we can know which industries the fund has invested in, and the citizens can check whether these industries have prospects and are worth investing in.
Secondly, it depends on the financial, net value and profit distribution of the fund, mainly on the accounting data, financial indicators, the growth performance of the fund's net value, the comparison with the performance benchmark and the dividend distribution.
Take the fund's net growth performance as an example: it depends on the past performance of the fund in recent years. We can analyze the fund's net performance in the past month, three months, six months, one year and three years to see whether the fund outperforms the performance benchmark and whether there is a big difference between the two. Although the past does not represent the future, it will still have certain reference significance.