What is the correct buying posture for people who are new to mutual funds? How much information do you need to know about mutual funds? The following is a portfolio fund brought to you by Bian Xiao. No purchase. I hope I can help you.
Buying mutual funds is not allowed.
According to the Notice on Regulating Fund Investment Advice Activities, at this stage, many Internet sales platforms can no longer invest in portfolio funds. First of all, there are many products in the portfolio, and some products have exceeded the risk tolerance of investors, so they are currently in the stage of suspending buying.
In order to regulate the regulatory requirements of fund investment advice activities, fund companies will regulate the portfolio and suspend the buying function of the portfolio. During the adjustment period, the asset operation and redemption of the original portfolio held by investment customers will not be affected, and some portfolios may be converted into fund investments in the future. Investors can pay attention to the announcement of fund companies.
Combined fund is a kind of fund financing method that invests in multiple underlying funds at the same time. In addition to investors matching their own fund portfolios, there are also many direct sales of portfolio fund products. Compared with ordinary funds, the risk of combined funds is higher.
The prelude of fund portfolio supervision opened a number of platforms to suspend its portfolio subscription.
On June 1 65438+1October1day, Guangdong Securities Regulatory Bureau issued the Notice on Regulating Fund Investment Advice Activities to fund companies and fund sales institutions within its jurisdiction, which kicked off the supervision of "fund portfolio". Subsequently, fund companies and fund sales organizations in Shanghai and Beijing also received relevant notices issued by local securities regulatory bureaus.
The Notice clarifies that providing strategic advice for the fund portfolio belongs to the fund investment business and should comply with the Fund Law, the qualification management of fund investment consultants, the code of conduct and other relevant requirements. In addition, institutions that do not have the qualification of fund investment consulting business are not allowed to provide suggestions on the strategy of fund portfolio, the proportion of specific funds in fund portfolio, the performance of fund portfolio and position adjustment.
It is understood that the promulgation of the "Notice" has a great impact on institutions with large fund portfolios that have not yet obtained investment and pilot business qualifications.
The circular requires that, from now on, institutions shall not launch new fund portfolio strategies that are inconsistent with the Pilot Circular, including not showing or launching new fund portfolio strategies, not adding new customers to the launched fund portfolio strategies, and not allowing existing customers to increase investment in portfolio strategies.
Shell Finance reporter found that recently, a number of platforms, institutions and big V involved in fund portfolios have issued notices to suspend the subscription of fund portfolios.
Specifically, the Alipay Select Portfolio page published a "Reminder for Suspension of Fund Portfolio", indicating that in response to the recent regulatory requirements on regulating fund investment advice activities, the purchasing function of the portfolio will be suspended from now on. During the adjustment period, the operation and redemption of fund assets in the original portfolio held by investors will not be affected.
Mi Ying Ziman, Tian Tian Fund, Egg Roll Fund and other third-party fund sales companies also issued a reminder to suspend (one-click/combination) subscription. According to regulatory requirements, all fund portfolios have been transformed according to investment requirements. In order to safeguard the interests of holders, new subscriptions are suspended during the transition period.
In the same period, Wells Fargo Fund and Bank of Communications Schroeder Fund, which have obtained the pilot qualification of fund investment business, issued a Letter to Fund Portfolio Users, saying that their fund portfolios should be adjusted according to the recent regulatory requirements, and the new subscription and follow-up services of the portfolio should be suspended during the adjustment period.
"This supervision is conducive to the long-term development of the industry and is an initiative to protect the interests of investors and promote the healthy development of the industry." Many insiders said.
Wang Qunhang, director and deputy general manager of Baijia Fund, told the Shell Finance reporter that the release of the Notice is a norm for the behavior of the investment market, which mainly includes five points: First, the main body providing investment services must be the fund sales organization; Second, the object of providing investment services must be the products already launched by the fund sales organization itself; Third, the objects that can provide services are limited to their own customers; The fourth is to unify service standards; Fifth, no arbitrary charges and no increase in fees are allowed.
Just because the fund portfolio can't be bought doesn't mean the money is gone.
The fund adopts custody mode, and the investment portfolio is in everyone's own account. You can redeem it whenever you want. If you don't believe me, you can try!
Of course, portfolio is not a simple solution to the problem of buying and selling funds.
But to solve the problem that investment does not make money, it is mainly divided into two aspects:
(1) Choose a good fund;
(2) holding funds;
In the past three years, it is estimated that everyone bought funds for medicine, consumption and new energy vehicles at the bottom of the market of 20 18-20 19, but stopped making profits after earning 20-30%, and did not get a big increase later. In fact, Wang Jingbo believes that "holding funds" is more important than "choosing funds". Even though medicine has been adjusted back a lot recently, medicine is still the most profitable fund in Wangjingbao.
How to help everyone "hold on"? Only when the manager buys the most by himself and binds himself to the combination can he really be with everyone and share joys and sorrows!
What is the situation that the fund is forbidden to buy and sell?
The fund is prohibited from trading because of some special circumstances, such as the fund is currently in a closed period, so it cannot be traded. In practice, the suspension of fund trading may also be due to too many subscribers, too many redeemer, or the fund is ready to pay dividends.
Form of fund portfolio
1, dumbbell type
Needless to say, many investors are practicing this. For example, investors who invest in CSI 300+ CSI 500 funds use dumbbell-shaped portfolios. Dumbbell type is to choose two fund portfolios with different risk-return characteristics, that is, I often say two fund portfolios with low correlation. For example, large-cap funds+small-cap funds, value funds+growth funds, etc. The so-called dumbbell type means that the correlation between the two funds is very low, which can effectively cope with the plate rotation.
This fund portfolio model is very suitable for small white students who have just started. Don't think that the entry level is very shallow. Investors who can strictly carry out such portfolio operations have been able to beat 70% of market investors.
2. Core+satellite type
We all know that the moon revolves around the earth and the earth revolves around the sun, so if investors choose a fund with outstanding long-term performance and relatively stable performance, they can regard this fund as the "core" of the portfolio and as the key investment object. For example, I always think that index funds are better investment products, and the performance of SSE 50 index funds has been very stable and can be selected as the core of the portfolio. For the satellite part, you can choose some stock funds or hybrid funds with outstanding short-term performance. In this way, the "core" fund can guarantee the overall return of the portfolio, and the satellite fund can actively strive for excess return.
3. Pyramid type
Pyramid portfolio requires investors to determine the investment ratio of each part of the pyramid. For example, the "bottom" of pyramid funds can be equipped with stable monetary funds or bond funds, the waist of the pyramid can be equipped with index funds that can fully share the average market income, and the top of the pyramid can be equipped with some high-growth equity funds or hybrid funds. Investors can make appropriate adjustments in various funds according to their investment objectives and risk preferences, so that the whole portfolio can get higher returns.