First, how to judge the pros and cons of a fund?
To judge the pros and cons of the fund, investors can judge from the following aspects:
First, judge what industry the fund belongs to, such as medicine fund, science and technology fund and real estate fund, so as to judge whether the fund supports or suppresses in the current policy environment.
Second, choose a good fund company to judge whether the products are diversified.
Third, according to the risk tolerance, choose investment: stock fund, hybrid fund or bond fund.
Fourth, check the past performance of the fund. Past performance should be even, and the higher the average annual rate of return, the better. Past performance reflects the management level of fund managers, which is the most critical.
Fifth, from the Sharp ratio and standard deviation, the greater the Sharp ratio, the better. Sharp ratio is a standardized index for fund performance evaluation.
Sixth: According to the standard deviation, the smaller the standard deviation, the better. Because the greater the standard deviation, the greater the degree of possible changes in the future net value of the fund, the smaller the stability and the higher the investment risk.
Second, why can't fund managers trade stocks?
Securities practitioners, fund practitioners and cadres at or above the department level of state organs are not allowed to participate in stock trading, so fund managers are not allowed to engage in stock trading, and their immediate family members will also be supervised.
Fund managers generally have a high academic background and a solid professional foundation, and are the decision makers of fund investment. It is easier to get information than ordinary investors. In addition, they manage a large amount of funds, which may involve insider trading and disrupt the order of the stock market, so they are not allowed to enter the stock market.
3. Who appoints the fund manager?
Fund managers are generally determined before the establishment of the fund, and are generally designated by the fund company. For example, to set up a fund, the fund manager will be appointed around the fund manager's previous investment methods and investment records. Fund manager, the leader of fund products, choosing a good fund manager is half the battle.
How to choose a good fund manager can refer to the following methods:
1. View the past performance of fund managers. If the fund manager's past performance is good in a weak market, it shows that he is better than others in stock selection, timing and stock exchange.
2. According to professional experience, fund managers who have experienced a bear market can better control risks.
3. Check the maximum retracement of the fund manager. One-time investors can choose products with low volatility, and the maximum extraction within 3 years is preferably within 30%; Investors who make fixed investment can choose fund products with high volatility.
4. The number of funds managed by the fund manager shall not exceed 5.
5. Choose a fund manager with good growth.