What should we novice investors pay attention to while the sales of new funds are booming? Remind everyone that there are four misunderstandings in buying a new fund, and you should pay special attention to buying a fund. Bian Xiao compiled these four points here for your reference when snapping up new funds. I hope you get something from reading!

Buying a new fund = playing new shares?

There is a jargon in the stock market called "playing new shares".

That is, to participate in the subscription of new shares and purchase the stocks to be listed soon. Investors with a little experience know that it is almost certain to make new investments in A-shares.

Therefore, every new share subscription is a carnival.

As a result, some people think that the new fund has similar good things. However, this is a cognitive misunderstanding.

The logic of fund making money has little to do with the current issue price of the fund, but mainly depends on the future investment income of the fund, not the new shares.

This new fund does have some advantages:

For example, there can be some innovations in the theme or investment method. For example, establishing flexible positions from scratch can better adapt to new market, bear market or shock market, and can also use flexible positions to avoid risks.

There are also some potential disadvantages:

For example, there is no historical performance information for reference, and it cannot be redeemed during the three-month closed opening period. Slow opening may lead to a bull market.

Therefore, to start a new fund, you can't "buy with your eyes closed" like playing new shares, but you need to make a good choice.

Just look at the historical performance of fund managers.

Seemingly high yield

The beauty of friends circle with beauty filter seems to have increased by 5%, but in fact the market has increased by 10%.

Real high income

Pure beauty and true goddess seem to have lost 2%, but in fact the market has lost 8%.

In fact, every fund has a performance benchmark, just like the "passing line", which is an expected goal set by the fund company for the fund.

The difference between the final performance of the fund and this performance benchmark is usually called excess return. The size of excess returns can well reflect the management ability of fund managers.

Pick only fund managers who are good at attacking.

It seems that it can make money

Earn 50% a year! To stimulate investment genius, turn it out.

Really make money

Double in five years, and happiness should be stable. Investment is a long-distance race. If you live long, you win half.

The fluctuation of fund performance will greatly affect the final actual income. Many people only pay attention to the products managed by fund managers, whether there is a bright increase, and do not pay attention to operational risks.

I even think that even if it falls occasionally, it will have to wait until the market picks up and rises back.

However, the data will not deceive people!

The Fund retreated 10% and rose 1 1. 1%. The fund withdrew from 20% and rose by 25%. However, if the fund is refunded by 50%, it will have to be increased by 100% before it can be recovered.

In case of 60% withdrawal, it will only be returned if it rises by 150%!

In this way, all the time is spent on "returning to nature"

In other words, the deeper the net value falls, the higher it needs to rise to make up for it. Although funds with relatively stable performance trends may not look so sexy, their long-term returns may be better.

Therefore, professional institutional investors will pay close attention to the "maximum withdrawal rate" of his historical products when choosing fund managers.

Choose a fund company and love short-term outbreaks.

Good short-term performance

I was in a hurry to redeem it when I bought it.

Good long-term performance

The most romantic thing I can think of is to grow old with you ~

In addition to fund managers, the platform role of fund companies can not be ignored. The strength of the investment research team, the company's overall investment philosophy and assessment mechanism will affect the final performance of a fund.

So fund managers whose products generally perform well are indeed more attractive.

However, in the selection process, we often fall into a "short-term trap" and place too much hope on fund companies whose product performance suddenly broke out in the past month or quarter.

In fact, the market will change, hot spots will rotate, and anyone can bet on Bao Zhong for some time. If you chase a short-term performance champion, you are likely to catch up with the changes in market style, and your performance will drop sharply immediately.

Only long-term stable good performance can prove the strength of investment.

"Short-term champions" often exist and are constantly changing, but there are not many real "long-distance runners" and they need to be carefully selected.

In the past two years, the returns of funds purchased by many investors are generally unsatisfactory. What caused the large losses of most funds? Mars, an analyst at Shanghai Securities Fund Evaluation Center, pointed out that, first of all, the essence of fund products is the combination of securities, and the performance of fund income is closely related to the performance of the underlying market. In the continuous decline of the stock market, it is difficult for equity funds and hybrid funds, which mainly invest in stocks, to achieve positive returns. In the case of rising stock market, most partial stock funds can often achieve positive returns. Therefore, it is impossible for funds to create myths and create high positive returns in the continuous decline of the market in recent years.

From the long-term performance, in most cases, the overall performance of funds is better than that of individual investors, especially in bull markets and volatile markets. For example, in 2006 and 2007, more than 80% of equity funds achieved a return of more than 100%, while the proportion of individual investors was less than 20 12 years. Nearly 50% of equity funds have achieved a return of 5% to 30%. According to the survey, more than 50% of individual investors have lost between 5% and 50%. Therefore, the fund is still a good investment tool for individual investors to participate in the capital market.

All kinds of problems, whether China's stock market construction, economic development or asset management industry, can't be eliminated in a short time, and all need the rationality of the market as a whole to promote it. However, as investors themselves, we must measure our risk tolerance clearly and not blindly listen to the propaganda of sales staff. If your risk tolerance is weak, or the funds you want to use in the short term, you can't invest too much in a single stock fund to avoid being greatly affected by the risk of stock market fluctuations. Therefore, for individual investors, it is more meaningful to have a long-term investment mentality, choose appropriate fund products according to their own risk tolerance and renewal, avoid excessive pursuit of popular funds with outstanding short-term returns, pay more attention to funds with relatively stable long-term performance, and spread risks through fixed investment and portfolio allocation to obtain long-term stable returns.

Tip:

First, we should pay attention to arranging the proportion of fund varieties according to our own risk tolerance and investment purpose. Choose the fund that suits you best, and set an investment ceiling when buying partial stock funds.

Second, be careful not to buy the wrong "fund". The popularity of funds has led to some fake and shoddy products "fishing in troubled waters", so we should pay attention to identification.

Third, pay attention to the post-maintenance of your account. Although the fund is worry-free, it should not be left unattended. Always pay attention to the new announcements on the fund website, so as to have a more comprehensive and timely understanding of the funds you hold.

Fourth, pay attention to buying funds, and don't care too much about the net value of funds. In fact, the fund's income is only related to the net growth rate. As long as the fund's net growth rate stays ahead, the income will naturally be high.

Fifth, we should be careful not to "love the new and hate the old" or blindly pursue new funds. Although the new fund has inherent advantages such as preferential prices, the old fund has long-term operating experience and reasonable positions, which is more worthy of attention and investment.

Sixth, we should be careful not to buy dividend funds unilaterally. Fund dividend is the return of investors' previous income, so it is more reasonable to change the dividend method to "dividend reinvestment" as far as possible.

Seventh, we should pay attention not to talk about heroes in the short term. It is obviously unscientific to judge the pros and cons of the fund by short-term ups and downs, and it is necessary to make a comprehensive evaluation of the fund in many aspects and conduct a long-term investigation.

Eighth, we should pay attention to the flexible choice of investment strategies such as steady and worry-free fixed investment and affordable and simple dividend transfer.

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