Let's look at the fund manager. In China, the average working life of a fund manager is two years, and a fund will change its manager every two years on average.
In fact, as long as the right fund and fund company are selected from the beginning, the resignation of fund managers will not have much impact. According to WIND's statistics, after the change of fund managers, the fund performance basically did not fluctuate much, and the rising fund and the falling fund each accounted for about half. Moreover, for funds with poor performance, the performance will increase slightly after changing the fund manager, while for funds with good performance, the performance will decrease slightly after changing the fund manager.
The individual resignation of the fund manager will not bring obvious changes to the fund performance unless the senior director of the fund company or the research team leaves as a whole.
Fertile soil can cultivate towering trees, and the success of fund managers is not only because of their efforts, but also because of the research team behind them. Their support and help are very important factors. The fund manager is equivalent to the striker of the football team. If you want to win a game, you need good guidance and the cooperation of the whole team. It is irrational to blindly trust star fund managers.
Compared with following the pace of fund managers, it is more important to insist on selecting good fund companies. After all, the effect of star fund managers is slowly fading, and more and more companies begin to pay attention to cultivating research teams. The research team of a good company is the strongest confidence. No matter who the fund manager is, the performance of the fund is the most important.