Is there a charge for the portfolio to buy funds? I believe that for every newcomer who has just started to operate the fund, the fund operation must be familiar with all kinds of knowledge. Therefore, Bian Xiao specially brought you a combination of fund purchase fees, hoping to help you to some extent.
Is there a charge for the portfolio to buy funds?
The fees charged by the portfolio buying fund are similar to those charged by ordinary single funds, mainly including the following fees:
Fund management fee: the fee charged by a fund company for managing the fund portfolio. It is usually calculated on an annualized basis and charged according to a certain proportion of the fund's net asset value.
Custody fee: the fee charged by a custodian bank or institution for providing custody services for fund assets. Custody fees are usually related to a certain proportion of the fund's net asset value.
Sales service fee (subscription fee and redemption fee): Some foundations charge subscription fee and redemption fee as service fees for sales channels (such as banks, brokers and fund sales agencies). These fees usually apply to the amount when you buy or redeem fund shares in a certain proportion.
Handling fee: When buying and selling fund shares, you may need to pay a certain transaction fee, depending on the securities trading institution you use and the specific transaction scale.
It is worth noting that the rate structure of each fund may be different, and investors need to look at the fund contract or related documents to understand the specific costs when purchasing a portfolio fund.
In addition, mutual funds are investment tools formed by various fund combinations, which can provide better decentralization and risk management. By rationally allocating different types and styles of funds, investors can make personalized investments according to their own needs. The composition of each portfolio fund can be set according to the strategy and objectives of the fund company, and may be adjusted with the change of market environment.
Mutual funds are also called FOF funds, and their returns and risks depend on the performance of the funds they hold. Therefore, before buying a portfolio fund, investors are advised to carefully study the investment strategy of the fund, the past performance of the fund manager and the corresponding fee structure.
How much do you charge for a combined fund?
A portfolio fund only charges the fees for subscribing the funds in the portfolio, and there is no additional charge for the portfolio.
In addition to subscription fees and redemption fees, the fund also has management fees, custody fees and sales service fees.
The fund management fee is the management remuneration paid to the fund manager, and its amount is generally extracted from the fund assets according to a certain proportion of the net asset value of the fund.
The fund custody fee refers to the fee charged by the fund custodian to the fund for keeping and disposing of the fund assets.
The sales service fee refers to a certain percentage of the expenses accrued by the fund manager from the property of the open-end fund, which is used to pay the commission of the sales organization, the marketing expenses of the fund and the service fee of the fund share holders.
The above three expenses have been excluded from the unit net value announced by the Fund every day. For specific charging standards, please refer to the rate list.
Is the fund's income big?
Generally speaking, the expected rate of return of funds is not high. Different types of funds have different expected returns. For example, the expected return of the money fund is relatively stable, with little fluctuation, but the return is not high. The income of stock funds is unstable and fluctuates greatly, and the expected income is relatively high. Expected return and risk correspond, and high return must correspond to high risk, but high risk does not necessarily bring high return.
Take equity funds as an example. Equity funds are risky, but they may not have high expected returns, but they will lose their principal. Investors who are also equity funds may have high returns and some may not. Even for the same fund, the expected return may be different due to different trading methods, so the expected return is not fixed.
How to distinguish between good and bad funds?
How to distinguish the quality of a fund is mainly analyzed from the following * * * indicators:
1, maximum withdrawal amount
The maximum withdrawal of the fund refers to the range from the highest to the lowest net value of the fund in a period of time, that is, the fund fluctuates extremely badly in a period of time, which is also the biggest loss for fund investors in a period of time, so the lower the maximum withdrawal of the fund, the better.
2. Sharp ratio
Sharp ratio means that the fund can obtain excess return by taking unit risk. The higher the Sharp ratio, the higher the excess return and the better the fund performance. Generally speaking, the Sharp ratio of equity funds and hybrid funds is better than 1.
3. Historical performance of the Fund
The historical performance of the fund is also the performance since its establishment, so the higher the historical performance of the fund, the better the fund will be.
4. Shanghai and Shenzhen 300 yield curve
This indicator mainly compares the fund return rate with the Shanghai and Shenzhen 300 return curve. When the fund's return rate is greater than the Shanghai and Shenzhen 300 return rate curve, it means that the fund's investment return rate is high, on the contrary, it means that the fund's return rate is poor.
5. Fund size
Generally speaking, the larger the fund, the more stable the fund and the smaller the fluctuation. However, we should also know that the larger the fund scale, the more difficult it is for fund managers to operate and the higher the professional requirements for fund managers.
Do you need to choose the right time to buy a hybrid fund?
Buying a hybrid fund needs timing, and the main purpose of buying a fund is to earn the difference. So it takes time to buy a hybrid fund. To buy a hybrid fund, it is only possible to make money by buying at a low price and selling at a high price. If you buy at a high price and sell at a low price, it's a loss.
Therefore, when choosing a hybrid fund, don't chase after the ups and downs. If so, you may suffer serious losses. You can choose to buy when the fund position is low, because when the fund position is low, the cost price for investors to buy will be lower, so the risk will be relatively small and the possibility of making money in the future will be greater.