How to choose a hybrid fund?
Hybrid fund:
Theoretically, the risk of hybrid funds is lower than that of equity funds, and the expected annualized return of historical expectations is higher than that of bond funds, so the risk is moderate. This kind of fund is designed to allow investors to diversify their investments by choosing a fund instead of buying different styles of funds. Hybrid funds are divided into the following types according to the different mixing methods:
Partial stock type: stocks account for 50%-70%, and bonds account for 20%-40%.
Partial debt type: stocks account for 20%-40% and bonds account for 50%-70%.
Balanced type: the proportion of stocks and bonds is relatively uniform.
Configuration type: the stock-debt ratio is adjusted according to the market, and 0- 100% is possible.
How to choose a hybrid fund?
Because hybrid funds can be flexibly allocated between stocks and bonds, the expected annualized expected return is greatly affected by stock market fluctuations, which is suitable for investors with medium and high risk tolerance. This is similar to stock funds, but compared with stock funds, the flexible asset allocation ratio of hybrid funds provides sufficient space for fund managers to actively manage, which also requires the management team to have a high level of operation and actively achieve the highest long-term return for investors.
Therefore, hybrid funds are similar to stock funds, and they are compared from three aspects: profitability, risk resistance and stock selection and timing. Different from stock funds, hybrid funds are more strict in their ability to select stocks and timing.
Ranking of hybrid funds: (data deadline: 2016.11.14)