As we all know, the net value of the fund is published every trading day, but the regular report of the fund is updated once every quarter or even the shortest quarterly report. There is no way for the basic people to know the position and position adjustment information of fund managers in time, and the position information published through quarterly reports is lagging data. Want to know the fund manager's position adjustment in time, whether there is any position adjustment, how to judge?

First of all, we can roughly judge whether the fund has changed positions through the valuation of the fund. Attentive citizens will find that, among other reasons, the accuracy of the fund valuation is still relatively high when the quarterly report is just released, mainly because the fund has not changed its position, but with the passage of time, the valuation data will be different from the actual net value, because the valuation is still estimated according to the position announced in the previous quarter, and the fund is prone to deviation when it changes its position. Of course, judging by valuation is not necessarily accurate, and it needs to be comprehensively judged by combining other aspects.

Then, we should pay close attention to the views and research direction of fund managers in time. Although the fund's quarterly report is published once a quarter, the views that fund managers often express or publicly publish will reveal the direction of position changes. Generally, these views will be expressed through external channels or interviews with fund companies. We can judge by comparing our views with those of the last quarterly report.

Compared with the fund manager's point of view, its research direction is more forward-looking and can express the next investment direction more intuitively.