Why didn't you announce the position of the fund exchange in time?
1 because if the fund manager's position changes are announced in time, then retail investors can track the stocks bought by the fund manager to invest in stocks. Stocks fluctuate more than funds, so buying stocks can earn more, so funds won't make much sense. The reason why stocks are bought according to fund positions is because the stocks transferred by fund managers are bought after research by professional researchers, which basically belong to the stocks that can be profitable at present.
If the fund positions are announced at any time, the pressure on fund companies will be even greater, and there will be game competition between many institutions and funds. If an institution with a large amount of funds sells the stocks held by the fund, it will lead to a decline in the net value of the fund and a loss for investors, which will have a great impact on the fund.
According to the relevant fund rules, the quarterly positions of the fund will generally be announced within 15 working days after the quarter, the semi-annual report within 2 months after the end of last year, and the annual report within 3 months after the end of each year. Investors can't see the heavyweights until the report is released.