For a new fund, there is no historical performance data for reference. What can we learn about a new fund?
First, the performance benchmark of the fund.
The general benchmark of fund performance includes a certain stock index multiplied by a certain proportion and a certain bond ratio multiplied by a certain proportion. For example, the benchmark of a fund's performance is 80% of the Shanghai and Shenzhen 300 Index+20% of the CSI Total Debt Index.
Looking at the performance benchmark, investors should pay attention to three aspects:
1. In the performance benchmark, we need to pay attention to an indicator that accounts for more than 60%, which may be a reflection of product style. For example, tracking CSI 800 will make it easier to grow. For example, tracking the Shanghai and Shenzhen 300 will be more stable and prefer blue chip stocks.
2. Investors should look at the proportion of each tracking indicator, which also represents the risk characteristics of the product.
3. For products with Hong Kong index in the general performance benchmark, Hong Kong stocks can be laid out through Hong Kong Stock Connect within the investment scope.
Active stock funds are also divided into hybrid and stock funds, which have clear restrictions on the positions of investing in stocks and directly affect the performance, fluctuation and withdrawal level of funds.
Second, pay attention to the choice of fund managers.
First, look at the actual fund management years of these fund managers. Investors can focus on fund managers with a long service life, and it is best to choose fund managers with more than 5 years of experience.
Then, through the fund manager's work experience and managed fund performance, judge the fund manager's ability circle. To put it simply, the competence circle refers to the areas in which fund managers have outstanding performance.
Third, pay attention to the maximum amount of new funds raised.
Many new funds also raise the ceiling, and investors also need to pay attention. Some newly issued funds have set product raising ceilings, such as Hua 'an Emerging Consumption, Huitianfu High-quality Growth Select with a two-year holding ceiling of 8 billion, Minsheng Canada Bank Growth Preferred Raising ceiling of 6 billion and so on.
Some popular new funds have strong capital attraction, and they quickly reach or even exceed the fundraising limit during the fundraising period. Subsequent processing is generally through proportional placement, and the part that has been fired will return to the original road. It will take some time in the middle, which will affect the utilization rate of investors' funds.
Fourth, we should pay attention to the management fee, custody fee and subscription fee of the new fund.
Management rate and custody rate deserve investors' attention. From the point of view, the management fees of the major mixed-stock funds are basically 1.5%, and the custody fees are basically 0.25%, with a few lower.
The subscription fee is an important part of the new fund rate. Ordinary investors, the subscription amount is below 654.38+00,000, which is basically around 654.38+0.2%. Some channels may have preferential rates, and you can compare them through multiple channels.
Fifth, pay attention to the holding period of the new fund.
More and more products operate in the mode of regular opening or holding period, which deserves investors' attention and should not be blindly laid out.
For example, new fund products that are regularly opened for two years can only be purchased and redeemed once every two years. In this way, from the source of product design, it can help the holder to control the "one's fingers itch" through disciplinary measures, avoid chasing up and down, and also allow the fund manager to have a relatively good investment operation environment, so that the investment operation is more calm.
I hope the above contents are helpful to you.