How to buy a Hong Kong stock fund?
Hong Kong stock funds can be divided into three investment methods: opening Hong Kong stock connect, buying Shanghai-Hong Kong-Shenzhen funds and buying QDII funds. The threshold for opening an account in Hong Kong Stock Connect is relatively high, and the average daily securities assets should reach 500,000 RMB, which is more difficult for most individual investors. Generally, it is more appropriate to choose to buy Shanghai-Hong Kong-Shenzhen Fund or QDII Fund.
How to make a choice?
1 Understand the differences between different Hong Kong stock funds.
QDII funds investing in the Hong Kong stock market have the advantage that they can invest in a wider range of Hong Kong stocks, but the disadvantage is that the subscription confirmation and redemption of funds will arrive later than other types of funds. Relatively speaking, the Shanghai-Hong Kong-Shenzhen Fund invests in the Hong Kong stock market through Hong Kong Stock Connect, and its investment scope is limited. However, since both Hong Kong stocks and A shares can be invested, asset allocation is more flexible.
2. Understand the style characteristics of the fund
In the Shanghai-Hong Kong-Shenzhen fund, according to the proportion of investment in the Hong Kong stock market, it can be subdivided into partial Hong Kong stocks, partial A shares and balanced style. If investors want to focus on the Hong Kong stock market, it is recommended to choose QDII funds or Hong Kong stock style products that mainly invest in the Hong Kong stock market; If investors want to get investment opportunities in the A-share market and give due consideration to investment opportunities in Hong Kong stocks, they can consider products with partial A-share style or balanced style.
3 Comprehensive consideration of all aspects
The factors that need to be considered when choosing pure A-share funds are also considered when choosing Hong Kong-share funds, such as the fund manager's ability to obtain excess returns, risk control ability, risk-adjusted returns and so on.
In short, Hong Kong stock funds can be purchased directly through Hong Kong Stock Connect, or indirectly through Shanghai-Hong Kong-Shenzhen Fund and QDII Fund, and investors can choose according to their actual situation.