The fund is calculated by share, and the fund has a net value every day. The amount of fixed investment deducted on that day of each month is divided by the net value of the fund on that day, which is the share. The sum of the monthly shares is the total share.

500 yuan, the amount of funds subscribed, minus the subscription fee, divided by the net value on the day of subscription, will get the number of shares. Because the net value changes every day, the share of each purchase is different. After a fixed investment of 2 1 month, the total investment is divided by the total number of shares to get the average cost.

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Investing in hedge funds can increase the diversity of the portfolio, and investors can reduce the overall risk exposure of the portfolio. Hedge fund managers use specific trading strategies and tools to reduce market risk and obtain risk-adjusted returns, which is consistent with investors' expected risk level. The return of an ideal hedge fund has nothing to do with the market index.

Although "hedging" is a means to reduce investment risks, hedge funds, like all other investments, cannot completely avoid risks. According to the report released by HennesseeGroup, during the period from 1993 to 2000, the fluctuation range of hedge funds was only about 2/3 of the S&P 500 index.

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