Can the top-ranked funds be bought?
Generally speaking, the top ranking of funds is for reference. The ranking of the fund shows to some extent that this fund is relatively good in this period. A good fund will not always rank lower, but can you buy other factors besides the fund ranking?
However, investors must make a good risk assessment before investing in funds. Generally, when buying a fund for the first time, there will be a risk assessment to fill in, so after filling it out, you can determine your risk preference and tolerance.
Will the fund lose money if it ranks high?
It is possible to lose money if the fund ranks high. When investing, we should not only look at the fund ranking, but also make a decision based on various factors, because the ranking can only represent the previous performance and is for reference only. Previous performance does not represent future performance.
However, you can refer to other aspects according to the top fund points, such as checking the past performance of the fund manager, the past performance of the fund, the fund's morning star level and so on.
Summary: Generally speaking, the top ranking of funds is for reference. The ranking of the fund shows to some extent that this fund is relatively good during this period, but whether it can be bought depends on other factors besides the ranking of the fund. In addition, the top-ranked funds are likely to lose money, so investors must choose carefully when investing.