How to choose a new fund type?
For example, stock funds have 80% stock bottom position requirements, plus the necessary 5% margin to deal with daily purchase and redemption, and their positions are quite limited. Bond funds have 80% positions to invest in bonds, excluding 5% bank deposit demand, leaving 15% funds to play new shares.
The position of hybrid funds can be in the range of 0% to 95%, minus 5% of the demand for subscription and redemption funds, and at most 90% of the funds can be used to play new shares. When the market direction changes, they can invest in other fields. In addition, the capital preservation fund can open up to 40% of new positions, generally speaking, the subscription will not be half-opened, so it can prevent new fund arbitrage. In terms of fund types, hybrid funds and capital preservation funds are better choices for investors to "innovate".
How to choose a single new fund?
First, don't just stare at new shares. Because funds can't buy new funds in full, investors can choose some old funds with better performance and not subscribe for new funds. Even if the new results are not satisfactory, you can make money in the secondary market by virtue of the management ability of fund managers.
Second, pay attention to the announcement. We should pay close attention to two kinds of announcements: one is the announcement of each new share on the trading day before online issuance, which will list the number of short-listed shares of institutions and funds applying for new shares. Knowing these data, we can know which funds have successfully subscribed for this new share and how many shares these funds have subscribed for. Another kind of announcement is about the results of offline placement of initial public offerings. In this announcement, listed companies and underwriters will announce which institutions and funds have obtained specific shares, and investors can calculate the lottery amount of the corresponding public offering funds and predict the corresponding net asset value ratio of the funds.
Third, the size of the fund should not be too large. If the fund is too large, it will dilute the new expected annualized expected return. For example, a fund with a scale of only 65.438 billion yuan and a fund with a scale of 65.438 billion yuan will also gain 30 million yuan. If the fluctuation caused by the expected annualized expected return of other stocks is not considered, the new expected annualized expected return will increase the net value of the former by 3%, while the latter will only increase by 0.3%.