However, many investors will find a situation, even if the fund is managed by the same fund manager, the performance of the fund will be very different for several reasons.
First, manage the fund together with other fund managers.
A fund sometimes has two or three fund managers to manage the same fund. Generally, two or three fund managers are selected to manage the same fund for many reasons. Most people want to achieve "1+1>; 2 "effect. But from the actual effect, we can get "1+1>; 2 "is not much, especially in pure active equity funds.
Many fund managers manage the same fund, most of them are a star fund manager with one or two new fund managers. In this case, the management scale of star fund managers is large, and there are many funds under management. Perhaps this fund is mainly managed by other fund managers managed by * * *.
In this case, it is best for investors to clearly understand the style and investment strength of the two fund managers, and not to buy the products of star fund managers just by looking at their popularity.
If you trust a fund manager, you can choose a product managed by him alone.
Second, the types of fund products are different.
The performance of the same fund manager in managing funds is different. The primary reason is the different types of funds. Different fund types directly lead to different stock positions.
There are also different types of funds managed by the same fund manager, and even some fund managers manage a large span of fund types. The differences in types lead to differences in the agreed positions of funds and also affect fund performance.
The level of fund positions is a "double-edged sword". When the market is good, partial stock hybrid or ordinary stock funds.
There may be higher returns, and flexible allocation funds tend to perform better when the market is weak. If the time is prolonged, the performance difference between partial stock hybrid funds and ordinary stock funds may not be great.
Third, the investment scope is different.
The scope of fund investment also has a great impact on performance.
Some funds have different investment themes, some may be biased towards consumption, and some are biased towards technology. Investors need to pay attention to the positioning of funds.
Product positioning is different, positioning is different, so the performance is also different. Therefore, investors should pay attention to carefully observe the investment scope and performance benchmark, and pay attention to positions and understand product characteristics. But it's best to choose a fund with the style that the fund manager is best at. After all, fund managers have their own ability circle.
Investors should pay attention to the types of funds. The first is to see what types of funds the fund manager manages. Perhaps he is best at this type of fund, so it is best to choose the type he is good at. The second is the layout according to market conditions.
Fourth, the size of the fund is different:
Scale is also an important factor affecting the performance of fund managers in managing funds.
The size of the fund mainly involves two issues. The first is the ability of fund managers to invest strategies. If he loves small-cap stocks, too large a fund may have a greater impact. For such fund managers, investors should pay attention to choosing small-scale funds.
If the fund manager invests in leading stocks with large market value, then the size has little effect.
The second is that the scale of a single fund managed by a fund manager is too large, and the number of stocks held by a fund exceeding 10 billion may be very large, which leads to inflexible investment and difficult management, while a small-scale "boat is small and easy to turn around".
Therefore, for the same fund manager with similar type or investment direction, it is recommended to give priority to the fund with moderate scale.
These factors are only part of the reasons that affect the management performance difference of the same fund manager, and there may be other reasons that lead to the performance difference.
I hope the above contents are helpful to you.