Are there any details that need attention? ------Nothing, the trading hours are the same as the stock market: except Saturdays and Sundays which are statutory holidays, 9:30--11:30, 13:00--15:00 every day.

I'm a beginner - this is a question I've answered to many novices. It's relatively common. You can take a look at it first before talking about it.

1. What is a fund?

I want to ask you first: Do you know what stock trading is?

It would be easy to explain if you knew it. A fund (stock type) means that we give money to the fund company to buy stocks. So why should we leave it to the fund company and don’t we buy it ourselves? Because the professionals of fund companies have a higher level of stock trading than us ordinary investors (this is the most commonly used temptation word when fund companies persuade people to buy funds).

Therefore, investing in stock funds is indirectly investing in stocks, and the fund will bear the risks of stocks to a greater or lesser extent. Many investors don't actually know that funds invest in stocks indirectly, so they think that funds are guaranteed to make money without losing money. This is a big mistake.

Precisely because we give money to fund companies to buy stocks, we always have to pay others some labor fees, so there are subscription fees and redemption fees.

Of course, as a fund company, because it has professional personnel (rich expertise in stock trading) and huge funds (can buy many stocks), it is objectively more profitable than retail investors. The chances are much greater. That is to say, many people think that funds are still the first choice for investment and are unwilling to touch stocks.

In addition, there are bond-type funds. Buying a bond-type fund is equivalent to us giving money to the fund company to buy bonds. You may ask again: Why not buy it yourself? Because the fund company has a lot of money and is an institution, it can buy many corporate bonds that are not open to ordinary investors, and the profit is much higher than the treasury bonds we can buy.

I wonder if you can understand this.

Just understand it this way: a fund is when many people give a lot of money to a fund company to buy stocks or bonds.

2. The difference between funds and stocks

If you want to know the difference between funds and stocks, it is best to first know that funds have stock type, bond type and other types.

In layman's terms:

Stock funds - you give money to others, and others buy stocks for you. There is no essential difference between it and stocks. Because the fund company not only uses your money to buy stocks, but many people give money to the fund company to buy stocks, so the stocks that the fund company can buy are smaller than what you can buy with your own money. That little money can buy a larger number of stocks, so the money you give to a fund company to buy stocks is naturally less risky than the money you use to buy stocks directly. Therefore, stock funds are less risky than stocks, but they are the riskiest among fund types and have the highest returns.

Bond funds - you give your money to others and they buy bonds for you. The difference with stocks is clear at a glance.

3. Fund investment fees

Monetary funds-----no fees

Bond funds--subscription fee is about 0.8%; redemption fee The redemption fee is 0.1%-0.3% (within one year). The redemption fee decreases with the length of holding the fund. Generally, the redemption fee is waived for more than three years.

Stock funds----The subscription fee is about 1.5%, and the redemption fee is 0.5% (within one year). The redemption fee decreases with the extension of the holding period of the fund. Generally, redemption fee is waived for more than three years. Return fee.

This is just a rough standard. The rates for buying funds at bank counters, bank online banking, and fund company websites are all different, among which the fund company website is the most favorable. So, you have to figure it out when you buy.

Whether it is subscription or redemption, the handling fee is calculated based on the amount.

Calculate using stock funds as an example:

Subscription (subscription based on amount, that is, buying a fund of 100,000 yuan):

Assume that you subscribe on the day The net value of a certain fund is 0.850 yuan

Handling fee: 100000×1.5%=1500 yuan

Actual subscription funds: 100000-1500=98500 yuan

Subscription share: 98500÷0.850=115882.35 shares

Redemption (redemption by share, that is, redemption of xxxx shares of a fund):

Assume that the net value of a fund on the day of your redemption is 1.250 yuan< /p>

Fund amount: 115882.35×1.250=144852.94 yuan

Handling fee: 144852.94×0.5%=724.26 yuan

Actual redemption amount: 144852.94-724.26=144128.68 yuan

Your actual profit from this investment was 44,128.68 yuan, success!

4. Which fund is most affected by stock market fluctuations?

The funds most affected by stock market fluctuations are stock funds.

The simple understanding of the so-called stock funds is that fund companies use citizens’ money to buy stocks.

Since you are buying stocks, if the stocks selected by the fund company go up and the fund company makes money, the net value of the fund will naturally be high; conversely, if the stocks selected by the fund company fall and the fund company loses money, the net value of the fund will be low.

In a word, stock funds rise and fall simultaneously with the rise and fall of the stocks they choose, but the amplitude is different.

5. Which fund company is better to do business in (handling fees are more favorable, and the reputation is good)?

Fund handling fees do not vary from fund company to fund company, but from fund to fund. In other words, the handling fees of different funds from the same fund company are also different.

So the degree of discount in handling fees is not the basis for choosing a fund or fund company. There are now various rankings of fund companies on the Internet. You can take a look, but companies such as Huaxia, Guangfa, Southern, Rongtong, E Fund, and Boshi are all very good companies in any ranking.

6. Which funds are worth investing in now?

This problem is too big. There are so many funds worth investing in now that I can’t explain it to you in detail here. You can first determine your risk tolerance, select a fund type (stock, bond, index, etc.) based on your risk tolerance, and then select a specific fund after selecting the fund type.

7. How to choose funds?

When choosing a fund, you cannot just be bullish or bearish, but must take into account the stock market situation in the same period.

When the stock market rises, the fund will rise; when the stock market falls, the fund will fall. This is the case for most funds. What's more important is that the stock market has risen by 1%, whether the fund has risen by more or less than 1%. This will reveal the fund’s investment capabilities.

When choosing a fund, don’t just look at the net value, but also look at performance and risk. When looking at performance and risk, you can’t just look at ratings, but also look at specific data, such as half-year return, one-year return, two-year return, benchmark index, standard deviation, alpha coefficient, etc.

8. Fixed investment funds opportunity? Is now the time suitable for fixed investment?

Fixed investment funds are the simplest and least time-consuming fund investment method, because the long-term investment time has already amortized the investment costs, so it doesn’t matter whether it is expensive or cheap. Therefore, you can start investing at any time.

9. Which funds are suitable for fixed investment?

There are many funds with good performance that can be fixed investments, but before choosing a fund, it is best to clarify your risk tolerance and the length of fixed investment time to avoid falling into investment misunderstandings. For investors with different risk tolerances and different investment time frames, the available funds vary greatly.

In addition, I would like to remind you that fund investment does not have to be like stock investment. There is no need to pay too much attention to changes in net worth. Long-term accumulation will surely yield generous returns.

For long-term fund investment, it is best to choose index funds. Firstly, the returns of index funds are large, and long-term fixed investment can avoid the disadvantages of high risks; secondly, index funds will not suspend subscriptions, which can avoid destroying the established investment plan due to the suspension of subscriptions of a certain stock fund. .

To choose a good index fund, the most important thing is to choose a good index. So you'd better first understand the index that the index fund tracks. Index funds that track different indexes are not comparable. For index funds that track the same index, the smaller the tracking error, the better. Of course, for funds that track the same index, fees should also be considered.

Now it seems that among the existing index funds in my country, the funds tracking the Shanghai and Shenzhen 300 Index and the Shenzhen Stock Exchange 100 Index have the best profits.

Fund fixed investment is only a financial management behavior, not a wealth-making behavior, so only long-term accumulation (at least 5 years or more) can see the effect. People who are impatient will not enjoy the results of fund fixed investment. .

10. I heard that fixed investment funds are a fool-like way of investing and managing money?

This statement is only compared to the difficulty of one-time investment (and this statement is often a temptation word for investors by fund companies and banks). I don’t think fools can do this. Even if it is a fixed investment, if you do not choose a good fund, the income gap will be huge. Let me give you an example: From November 2007 to April 2009, I invested in two funds, Yiji 50 and Rongtong Shenzhen Securities 100. The income comparison (net value as of October 14): Rongtong Shenzhen 100-- Yield 27.2%; Yiji 50----yield 9.53%. This is the gap!!

11. Fund purchase method

The first method: bank counter

Deposit the money into the bank account, and then go to the bank counter. The bank staff will help you complete the fund purchase procedures.

Advantages: It is completely operated by a dedicated person, eliminating a lot of trouble of self-operation. It is suitable for novices and the elderly.

Disadvantages: High rates and often no discounts. The variety is small, and a bank may sell products from only a few companies over the counter. You need to queue up, which is a waste of time and manpower

Second option: online banking or securities companies

Both of these two methods are suitable for online operations.

Online banking agency sales is to enter online banking and purchase funds provided by the bank yourself.

Securities company agency sales are through the open-end fund module of the securities company's stock trading software to buy and sell open-end funds. The securities company's margin account is used for transactions, rather than directly using a bank account.

Advantages: The rates are low and you often get some discounts. There are many types of funds, especially some large-scale securities companies, such as Galaxy Securities, which can sell almost all types of funds. Online operation saves worry and effort, no need to queue up, suitable for office workers.

Disadvantages: Online operations require high operational capabilities from customers, and require computers to have the ability to safely guard against Trojans and viruses. You need to open an online banking function or a securities account first, which is more cumbersome.

Third type: Fund company website

Enter the fund company website and open a fund account and trade by yourself through the online direct sales system. The prerequisite is to open the corresponding bank card.

Advantages: The most favorable rates. Online operation is more convenient. The fund company website has detailed information and a detailed introduction to the fund. The fund-related functions are the strongest and have the most comprehensive functions to choose from, such as the fund conversion function. The corresponding bank card does not require opening of online banking

Disadvantages: Single product, only products of the fund company. Online operations have higher requirements on customers' operational capabilities and require computers to have the ability to securely prevent Trojans and viruses. A fund company often only supports bank cards from a few banks. To purchase funds from different companies, you may need to apply for savings cards from multiple banks.

Conclusion (general nationwide)

Fees from high to low

Bank counter>Bank online banking or securities company>Fund company website direct sales

Process from complex to simple

Direct sales from fund company website>Bank online banking or securities company>Bank counter

Fund types from more to least

Bank counter = bank online banking Or securities company>Fund company website direct sales