Closed-end funds are different from open-end funds. Once the transaction is established, it cannot be purchased and redeemed, and it can only be traded in the secondary market. However, China's closed-end funds mainly take discount arbitrage as their profit model. Because the current term of closed-end funds is fixed, fund managers can make long-term and stable investments with better risks and higher returns. Do you know which ones? The following is a small series of high-yield closed-end funds _ How to buy closed-end funds, for reference only, I hope to help everyone.
Is the closed-end fund yield high?
With more and more spare money in people's hands, many people begin to invest to make the money roll. Including closed-end funds. Many people are also asking about the income of closed-end funds. Here, Bian Xiao will answer your questions.
1. What is the return of closed-end funds?
In recent years, the fund's income has been uneven, with high and low. Closed-end funds will be more secure and profitable because of the protection of discount. For example, it was issued in 500,002 and held in 1999. The cash dividend has reached 3.43 yuan/share, with an average annual rate of return of 34.3%.
Generally speaking, it will be higher than bank deposits and bonds. In the long run, the overall income of closed-end funds will be higher than that of open-end funds.
2. What is the return rate of closed-end funds?
Because closed-end funds are traded by bidding in securities trading, the transaction price is affected by the relationship between market supply and demand, which does not necessarily reflect the fund's net asset value, that is, the transaction price of closed-end funds has a premium and discount phenomenon relative to its net asset value.
The practice of foreign closed-end funds shows that the transaction price often has the price fluctuation law of first premium and then discount.
Judging from the development history and operation of closed-end funds in China, no matter how the fundamental situation changes, the transaction price trend of closed-end funds in China is always the price fluctuation law of premium first and then discount. At present, China's closed-end funds are in the stage of "discount", and since 2002, the discount rate of closed-end funds in China (market price MINUS net value and then divided by net value) has shown a gradual upward trend. The long-term discount rate of some closed-end funds is as high as 30%, which is significantly higher than that of foreign closed-end funds.
How to buy closed-end funds?
Closed-end fund refers to a securities investment fund that has determined the total amount of issuance and the period of issuance when it is established, and fixed the total amount of issuance within the specified period after issuance. It is not difficult to understand, but are closed-end funds profitable?
Generally speaking, compared with open-end funds, the income of closed-end funds is relatively high, because all the funds raised by closed-end funds can be used for investment, and closed-end funds also have discount protection. Of course, not all closed-end funds are better than open-end funds or certainly better than open-end funds.
When you choose to buy closed-end funds with good returns, you should pay attention to these aspects: First, pay attention to screening funds with good quality, and try to choose closed-end funds with good performance and good performance continuity when choosing closed-end funds. Second, pay attention to measuring whether it is affordable or not. Because the transaction price of closed-end funds is discounted, and the "discount rate" is to measure the degree that the price is lower than the net value. In addition, because closed-end funds are closed-ended, everyone should pay attention to their expected annual rate of return when buying closed-end funds. Third, choose the right buying point. When buying closed-end funds, try to buy them when the discount rate is high and the expected annual rate of return is high. At the same time, we need to pay attention to the dividend market at the end of the year.
Generally speaking, whether a closed-end fund is good or not depends on its own investment situation, preference and selection ability.
What is the income of closed-end funds?
Do closed-end funds have good returns? This problem is a concern of many investors when they buy closed-end funds. So what is the income of closed-end funds? Unclear friends, come and learn about it with Bian Xiao!
Closed-end funds are relative to open-end funds, which is not difficult for everyone to understand. Specifically, it refers to an investment fund whose fund scale has been determined before issuance and will not change after issuance and within the prescribed time limit. So, is the income of closed-end funds good?
Compared with open-end funds, closed-end funds have higher returns. Because closed-end funds have no redemption risk, all the funds raised can be used for investment, and closed-end funds also have discount protection. If you want to buy a closed-end fund with good returns, you can refer to the following:
First, pay attention to screening funds with good texture.
When choosing closed-end funds, try to choose closed-end funds with good performance and good performance continuity. At the same time, we need to pay attention to whether it is affordable or not. Because the transaction price of closed-end funds is discounted, and the "discount rate" is to measure the degree that the price is lower than the net value.
Second, pay attention to the expected annual rate of return.
It should be noted that all closed-end funds have a closed-end period, so everyone should pay attention to their expected annual rate of return when buying closed-end funds. To put it simply, the annualized expected annual rate of return is the annualized expected annual rate of return that can be brought to everyone from now until the end of the closed period when the net value remains unchanged and the discount becomes zero.
Third, choose the right buying point.
When buying closed-end funds, try to buy them when the discount rate is high and the expected annual rate of return is high, so that the closed-end funds you buy can have better performance space. At the same time, everyone needs to pay attention to its dividend market at the end of the year.