Many Public Offering of Fund companies have started to use their own money to buy their own funds, and some fund managers, including Glenn, have also used their own money to buy their own funds. In addition to Public Offering of Fund and private equity funds, brokerage asset management companies also began to buy funds themselves. In the past, these behaviors were interpreted as signals of the bottom of the market. This shows that fund companies and asset management institutions have confidence in their products. On the other hand, it also shows that they have confidence in the market and think that they should not fall again after falling so much. The future will rise.

But in my opinion, it is true. Look at some historical materials in the past and you will understand. Investors buy funds, which is equivalent to giving funds to fund managers to help you buy stocks and bonds. When the fund manager gets the investment profit of this part of the funds, the fund can make money. This part of the funds earned by the fund enjoys benefits and risks, so investors can also make money after the fund manager makes money. On the contrary, if the stock invested by the fund manager loses money, the loss will be borne by all shareholders, so the risk of the fund is relatively small.

So in essence, buying a fund is an investment fund manager. The fund manager's stock selection ability, stock selection ability and risk control ability are very strong, which shows that his return on investment is very high. After purchasing this kind of fund, the fund is likely to be profitable in the future. For the basic people, when the net value of the fund is low, they can get more shares and the cost of holding positions is lower. Suppose you buy a fund of 1 1,000 yuan with the net value of 2 yuan. The net value of the fund rose to 2.5 yuan, with total assets of 2,500 yuan, and investors benefited from 500 yuan. Fund refers to the subscription of investors after the fund company issues a certain share, and the subscribed funds are handed over to the trust fund manager to buy stocks, bonds and money market financial instruments. Stock prices fluctuate, bonds and money market instruments have fixed coupon rate. These incomes are the money earned by the fund.

Not one investor bought it, but many investors in the whole market bought it together, which reflected the characteristics of the fund's "asset management plan". In addition, there are "benefit sharing and risk sharing" funds, which are shareholders who buy funds. Fund managers invest in stocks to make money, and we share the proceeds; If we lose money by investing in stocks, we will share the loss. In addition, fund companies will not help investors invest for free, so they will charge certain management fees, subscription fees and redemption fees, which are the main sources of income for fund companies.