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The difference between active fund and passive fund
(1) Different fees: active funds are more difficult to manage than passive funds, so the fund management fee is higher.

(2) Different modes of operation: passive funds, also known as index funds, generally choose specific index stocks as investment targets, and do not need fund managers to take the initiative to choose stocks, nor actively seek performance beyond the market, but try to replicate the performance of the index; Active funds are more active in management and have more flexible positions. Stock selection is based on the fund manager and the team behind him, which is greatly influenced by the fund manager.

(3) Risk and profitability: passive funds have small fluctuations, relatively small risks and small profitability; Active fund trading is subjective, volatile, risky and profitable.

How to choose active funds?

(1) Pay attention to the historical net retracement. When a fund falls, the smaller the net retracement, the better.

(2) Looking at the fund manager's timing ability, when to lighten up and add positions is the embodiment of the ability, so we can pay more attention to the historical actions of the fund manager.

(3) Looking at the establishment time of the fund, generally speaking, the longer the fund is established, it also shows that the fund has experienced the conversion between bull market and bear market, and usually chooses the fund for at least three years.