Fund fixed investment:
Fixed investment is called "regular investment". No matter whether the market goes up or down, you only need to invest the same amount, holding more shares when the net worth is low and holding less shares when the net worth is high. Through long-term investment, reduce the total holding cost and generate excess profits above the benchmark.
Three common intelligent fixed investment methods:
Although there are many names of smart fixed investment products on the market and the index setting is complicated, they can basically be divided into the following three types.
1 Buy more when it falls and buy less when it rises.
The principle of this investment method is simple: when the market rises, increase the investment amount of fixed investment; When the market falls, reduce the investment amount of fixed investment. If you recognize that the market is a long-term fluctuating upward trend, then the more you fall, the more opportunities you have. Many fund companies, such as Guangfa Fund, Bosera Fund and some banks' fixed investment platforms all adopt this method.
Fund companies adopting this method require investors to select an index as a reference index in advance, such as Shanghai and Shenzhen 300, Shanghai Stock Exchange 180, and then set a benchmark moving average, such as 30, 60 and 90 days. One day after deduction, the system will automatically compare the index with the moving average of the selected index to determine the funds to be invested in this period. When the stock price is higher than the moving average, the system will automatically reduce the deduction amount according to the setting; On the contrary, when the stock price is significantly lower than the moving average, it will help you increase the amount of fixed investment.
Due to the different settings of banking platforms and fund companies, the floating ratio of fixed investment is uncertain, mainly exponential and benchmark moving average. The investment grade difference is generally 10%, 20% and 30%. Of course, the effect of using 30% grade difference is the most obvious, but the investment is relatively large.
2. Avoid risks upwards and invest downwards.
Trend fixed investment method is also a kind of intelligent fixed investment. Its main principle is to invest fixed investment funds into products with different risks according to the trend of market formation.
There is a minimum position limit for stock funds or partial stock funds, especially index funds, which determines that even if the fund manager judges that the trend is declining, it is impossible to empty stock positions. Therefore, for investors with low risk tolerance, the best investment method is to stay away from stocks.
If the system thinks that the market trend is strong through technical analysis, the system will invest the current amount in high-risk varieties and convert the low-risk varieties in the trend fixed investment plan into high-risk funds in full; On the contrary, when the market is weak, it will automatically choose low-risk funds to hedge. The advantage of this method is that in the short term, the fixed investment has been choosing varieties with better expected annualized income and lower risk for investment.
3 High valuation and less investment, low valuation and more investment
If you identify yourself as a value investor and firmly believe that the market conforms to the law of value growth for a long time, and it is easier to get high returns with low valuation, then the "value school" in the fixed investment of the fund is suitable for you.
P/E ratio is the main index for value investors to judge the fundamentals of stocks and markets. We often use the stock price divided by the expected annualized expected return per share to measure the investment value and risk.
The principle of valuation fixed investment method is to judge whether the market PE is relatively overvalued or undervalued according to the fluctuation range of historical market price-earnings ratio, reduce the fixed investment amount when the market is overvalued, and increase the fixed investment amount when the market is undervalued. Investors can concentrate more chips in low valuation areas and get higher expected annualized expected returns in the long-term investment process.