What does the fund manager mean by self-purchasing?
Self-purchase by fund managers means that fund managers buy funds they manage. After the fund manager buys the fund, it can attract investors to buy it, and it can also enhance the mood of investors to buy the fund. When a fund manager buys a fund, it means that his investment income is also closely related to the interests of the fund, which gives the fund some confidence.
However, the self-purchased fund does not mean that this is the case. Investors also need to analyze whether the funds are worth investing, rather than buying blindly. Generally, when choosing a fund, we can consider the work experience of the fund manager, the historical performance of the fund, the withdrawal rate of the fund, the development prospect of the fund company and the fund, etc.
What does it mean for fund managers to buy their own funds?
Fund managers buy their own funds, which means that investors in the market are in a state of high panic after the fund market manager makes a sharp correction, and even many people have sold their own funds. At this time, in order to stabilize people's hearts, fund managers will increase their investment confidence by buying funds from themselves, thus stabilizing market sentiment and avoiding the situation of smashing the market.
It should be noted that self-purchasing by fund managers is a good thing to a certain extent, but it does not rule out that some fund managers will use it as a publicity fund to attract investors to buy, so they also need to maintain enough rationality to make investment judgments when purchasing funds themselves.