This year is a special year. Fund managers jump ship too quickly, and don't care if investors can keep up with their rhythm and leave. However, most new fund managers are novices and have no experience in the past. So, how can the citizens trust these new fund managers? For most investors, the ultimate goal of choosing a good and most suitable fund product is to find a safe and reliable fund manager, especially for actively managed funds, the fund manager can be described as a "soul figure", and the quality of the fund manager often directly affects the performance of the fund to a great extent. But as the saying goes, most people are emotional animals, and fund managers are no exception, so it will be difficult to choose. Investors are advised to consider fund managers from the following perspectives:
First, working hours
Time is a very important factor, and the employment and tenure of fund managers are the first factors to consider. A man knows his companion in a long journey and an inn. This sentence is also suitable for the selection of fund managers. The role of a stable management team is self-evident, especially its contribution to the long-term performance of the fund. Although investment experience can't be a meal, generally speaking, experienced fund managers will be more calm when dealing with extreme situations. Especially for fund managers who have been baptized by the bull-bear cycle, in the long run, the fund performance will be more stable.
Second, the background
The background and story need attention. The background of the fund manager is the second choice reference factor. The right person does the right thing, and the industry has a specialization. Let a tea egg manufacturer build missiles, and the consequences can be imagined. However, with the rapid expansion of the fund industry, the quality and quantity growth of fund managers can't keep up with this rhythm. Careful investors will find that some fund managers used to make macro strategies, but the results were arranged in the position of index fund managers. Some fund managers have been doing fixed expected annualized expected returns, but they have been arranged to manage stock funds. Such an absurd thing deserves investors' great attention.
Third, performance.
History needs to pay attention to the past management performance of fund managers. Although history will not simply repeat itself, history is always so similar. Studying the past management performance of fund managers can not predict the future performance, but it can play a good reference role. Some funds with high success rate in the past will not perform too badly in the future, which may be a proof of Matthew effect.
Fourth, investment style.
The investment operation style of fund managers. The operating styles of different fund managers are always different, and it doesn't matter whether they are good or bad. The key lies in whether fund managers can create higher expected annualized expected returns for investors under the premise of "integration of knowledge and practice". Investors should also choose fund managers according to their investment preferences and risk tolerance. For example, some fund managers advocate deep value mining and do not make choices in the investment process, and the performance of such funds may fluctuate significantly. A typical example is Mr. Theway of Cathay Golden Eagle Growth Fund. His investment style is bottom-up stock selection, and he pays relatively little attention to positions and industry allocation. In addition, from the investment style, some fund managers prefer value stocks, such as Mr. Deng Xiaofeng of Bosera value theme industry. Some prefer growth stocks, such as Mr. Cheng Sheng, who is preferred by Galaxy Industry.
In a word, for fund investors, especially novice investors who have no experience in fund investment and have just flooded into the fund market, it is very necessary to read the fund periodic report before choosing fund products, so as to further understand all aspects of fund managers. In addition, if there are more channels to contact fund managers, investors can learn more about fund managers through media reports and daily investor exchanges. Because if you buy a fund product, your funds will be manipulated by the people represented by the fund manager. This is a lot of money, you need to rest assured before you can entrust it.