Generally speaking, we usually say that the four indicators of fund screening are the establishment time of the fund, the scale of the fund, the liquidity of the fund and the rate of return of the fund. So what are the four indicators of fund screening? The following small series will answer your question.
What are the four indicators of fund screening?
1, when the fund was established
Generally speaking, it is better to set up a fund in three to five years. Compared with the new fund, the old fund is less volatile, that is, more stable and less risky. In addition, compared with the new fund, the old fund has three to five years of historical data for reference, which can make a relatively reasonable evaluation, while the new fund has no historical data for reference, just like opening a blind box.
2. The size of the fund
Generally speaking, the bigger the fund, the better, because the bigger the fund, the more funds available, and more funds can be used for many uncontrollable factors. The probability that the fund cannot operate due to financial problems is very small, the probability of fund liquidation is even smaller, and investors' fund redemption is more secure. However, we should also be clear that the larger the fund scale, the more difficult it is to operate and the higher the professional level of fund managers. Generally speaking, the size of money funds is larger than that of bond funds, stock funds and hybrid funds.
3. Sharp ratio
Sharp ratio can comprehensively reflect the risk and income of the fund, that is, the income that can be exchanged for each unit of risk can be regarded as a marginal income. Other things being equal, the greater the increment of income per unit risk, the better. Therefore, other things being equal, the greater the sharp ratio, the better. Sharp ratio is usually used by investors to compare the cost performance of funds, and the higher the cost performance, the better.
4. Maximum retreat
The maximum withdrawal of the fund refers to the range from the highest to the lowest net value of the fund in a period of time, that is, the fund fluctuates extremely badly in a period of time, which is also the biggest loss for fund investors in a period of time. Other things being equal, the lower the maximum withdrawal amount of the fund, the better. Maximum retracement can intuitively know the maximum loss degree of the fund in a certain period of time, and can evaluate whether one's risk tolerance can accept the maximum loss of the fund. For example, if the daily net value of a fund 1 month 1 0 yuan is 1 day, and the daily net value of February1day is 5 yuan, the maximum withdrawal ratio of the fund this month is 50%.
In addition to these indicators, there are also fund handling fees, the frequency of fund managers changing, the maximum withdrawal amount of funds, Sharp ratio, Shanghai and Shenzhen 300 income curves, etc., which can be used as the analysis indicators of funds.
The fund you bought has fallen, will you increase your position?
Generally speaking, after the fund falls, you can choose to add positions. The main reasons are as follows:
1. When the fund falls, you can diversify the cost of the fund you bought at a high level by choosing to add positions, so as to turn losses into profits. If you don't add positions, it may take a long time for the fund to rise back.
2. If we choose to invest in the fund, we will add positions at a fixed time no matter whether the fund is down or up. It's just that we can choose smart fixed investment, buy more when it falls, and buy less when it rises.
3. After the fund falls, the net value of the fund will be lower, the transaction cost will be lower, and we can buy more fund shares with the same money. At this time, the chances of adding positions to make money will be relatively greater.
Will you choose to add positions when the fund you buy falls? Under normal circumstances, we choose to add positions, because the benefits of adding positions are greater, but we should also judge the degree of risk of the fund to see if it is possible to be closed. If the fund is liquidated, there is no possibility of turning back. Secondly, when we choose to add positions, we should not choose to buy them all at once, because we can't judge whether the fund will continue to fall and whether it has bottomed out. If the fund still falls by half, we will buy it all at once and then continue to fall, then our losses will be even greater.
We can add positions in bulk. For example, after the fund falls 10%, we will increase the position, and after the fund falls by 20%, we will increase the position. This can reduce the cost of holding positions, and we are getting closer to the opportunity of rebound, so when the fund rebounds, our expected income will be even greater.
What skills do experts have to buy funds?
1. Know how to allocate funds.
Different types of funds represent different risks and returns. Some investors will analyze according to their risk tolerance and allocate funds reasonably. For example, if they don't want to take great risks, they will choose a combination of money funds and pure debt funds. If you can bear certain risks and want to pursue certain returns, you may choose a combination of equity funds and pure debt funds.
Rational allocation of funds can effectively reduce risks and improve returns. For example, in order to pursue income, investors will all invest in stock funds, which will be very risky. Generally, it is not recommended to invest in the same type.
2. Holding funds for a long time
Frequent trading of funds requires fees, and the selling rate of funds is generally divided according to 0~7 days, 7~365 days, 365~730 days or more. The longer the holding time, the lower the selling fee rate. If the holding time is too short, the short-term fluctuation of funds will be relatively large, and long-term holding of funds can reduce the fluctuation risk brought by short-term funds. When buying a fund, it is generally recommended to choose one.
How to choose a good fund
1, select fund companies
Look at the ranking and rating of fund companies first, and then look at the investment style of fund companies. We can analyze the income by looking at the products of fund companies. If the investment style is radical, focusing on the pursuit of income, we should consider our own risk tolerance.
2. Choose a good fund manager
The first is to look at the historical performance of the fund manager, whether the fund manager has worked in the fund company for a long time, whether the performance belongs to stable growth, investment ability, return on employment, maximum retreat and so on.
Secondly, the investment philosophy of fund managers. Some fund managers' investment ideas tend to pursue income, so the fluctuation of funds may be relatively large, and investors should consider their own affordability.
3. consider the size of the fund
Generally speaking, it is enough to choose a moderate fund size. If the scale of the fund is too small, when the market is not good, the fund will continue to fall to a certain value, and it will go bankrupt and be liquidated, and there is a risk of liquidation.
However, it is not good for the fund to be too large, because the fund manager is not good at changing positions and management, so everyone should consider many aspects when choosing the fund size.
How did the fund redeem the principal less?
Reason one: the fund has a loss.
When the fund market is not good, the fund will fall, then the fund will lose money and the principal will be less when it is redeemed. Therefore, when buying a fund, we should pay attention to the fund market, try to buy it when the fund is low, and sell it when it is high.
Reason 2: the fund deducted the handling fee.
The handling fee will be deducted when buying and selling funds. Generally speaking, the handling fee will be deducted according to the holding time. The longer the holding time, the more favorable the handling fee. When the fund deducts the handling fee, the principal will be relatively reduced.
Generally speaking, the reduction of the fund's redemption principal is due to the above two situations. You can judge according to your own situation. Basically, fund redemption will not be reduced for no reason, but you should pay attention to the fact that when buying a fund, you need to go to a formal platform to buy it. If you don't buy a formal platform fund, your money may be squandered and cheated.
Reason 3: What is redeemed is the fund share.
When the fund is redeemed, the fund share is redeemed, and the fund share is not equal to the total amount of investors, so there will be a feeling that the fund redemption principal is less, but it is not less.
Secondly, when buying a fund, it is also important to pay attention to the rise and fall of the fund and learn to stop loss and take profit. Some investors just make profits and lose money.