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Stock analysis of science and technology index fund
Stock analysis of science and technology index fund

At present, the main scientific and technological indicators are as follows. The relative investment scope of actively managed funds is relatively wide. If you are optimistic about a sub-industry under science and technology, you may wish to choose an index fund that tracks related sub-industries. Bian Xiao has compiled a list of science and technology index funds here for your reference. I hope everyone will gain something in the reading process!

Broad-based index

(1) science and technology index

Leading index of science and technology: mid-market style, holding shares & shares; Industry concentration is high, which can outperform other market indexes led by core technology stocks, but the volatility and retracement level are high, and the risk of the retracement stage of technology stocks is greater.

CSI Science and Technology Index: Set high-risk early warning indicators. The constituent stocks are weighted by comprehensive factor scores, with small and medium-sized styles and relatively scattered holdings. The communication and electrical equipment sector accounts for a relatively high proportion. The index does not perform well in the volatile market, but it has good resilience in the falling stage.

Science and technology 100 index: mid-range market style, highly decentralized industry configuration. There are many automobile, media and machinery stocks in the heavyweights. Since 20 16, the trend is relatively stable, and the long-term historical income is ahead.

Emerging technology 100 index: weighted by fundamental value, small and medium-sized innovation style, high proportion of media sector, poor performance of the index in various market stages, and relatively backward risk-return indicators in the past three years.

Shenzhen science and technology index: it belongs to the style of small and medium-sized market value, and the industry weight is tilted higher. The total positions of the top ten stocks account for a high proportion. The index performed well in the rising stage, but its resilience was poor, and it retreated greatly in the falling market.

(2) Information technology

CSI 500 Information Index: Small and medium-sized stocks, the top three industries are electronics, computers and media, with low concentration of shares, leading the growth style of small and medium-sized stocks.

CSI Information Index: It's a big and medium-sized style. The top three industries are electronics, computers and media. The weight gradient of the top ten stocks is higher than the other three information indexes, and they are dominant in the blue-chip market. Since 20 16, compared with the other three information indexes, it has shown the characteristics of low fluctuation and low retracement, and is also relatively ahead in the rising market, and has performed well for a long time.

All-index information index: the market value distribution is relatively balanced, the top three industries are electronics, computers and media, and the weight of individual stocks is scattered. The trend since 20 16 has a high correlation with the CSI 500 information index. Information security index: the market value distribution is relatively balanced. The top three industries are computer, communication and electronics. Compared with the other three information indexes, the electronic and media industries are lower, and the computer and communication industries are higher. The top ten heavyweight stocks are all computer stocks, which performed well in the first half of 20 17 and 20 19, which were led by computers.

(3) Senior management team

TMT50 Index: covering the leading stocks of TMT in Shenzhen Stock Exchange, the industries are mainly distributed in the electronic, computer, media and communication sectors, and the electronic sector accounts for a high proportion, leading the index in the rising stage, and the risk-return ratio is better than the other two TMT indices.

TMT 150 Index: The weight of individual stocks is scattered, and the industries are mainly distributed in the electronic, computer, media and communication sectors. Small and medium-sized tradable shares account for nearly 80%, which is not dominant in the leading stock market.

CSI TMT Index: 100 all TMT stocks are compiled, and the media sector accounts for about 20%. The index has been weak since 2065,438+07.

(4) Innovation theme &; artificial intelligence

CS artificial intelligence index: small and medium-sized stocks are dominant, and the industry configuration is highly concentrated. The total proportion of the computer and electronic departments reached 80%. Since 20 16, compared with the leading enterprises in science and technology and the index of science and technology 100, it has shown higher volatility and retracement properties, which is more prominent in the differentiated market led by the computer and electronic sectors.

For ordinary investors, the broad theme science and technology index is relatively more secure, while the following sub-sectors need to have enough understanding of the industry, so it is relatively difficult to judge. Investors can choose according to their own needs.

Industry segmentation index

(1) semiconductor

In contrast, CSI refers to the relatively concentrated semiconductor industry, which mainly invests in electronics and semiconductor sectors. However, at present, the index valuation is in an overvalued position, and it is recommended to lay out at a low level.

(2) Electrons

In contrast, the distribution of CS electronics industry is relatively concentrated, mainly in electronics manufacturing. However, at present, the index valuation is in an overvalued position, and it is recommended to lay out at a low level.

(3) Communication index

In contrast, the distribution of the 5G communication industry is relatively concentrated, mainly in the field of communication equipment. At present, the index valuation is overvalued, so investment needs to be cautious.

(4) Computer

(5) Medical biological indicators

Matters needing attention

First, we should pay attention to arranging the proportion of fund varieties according to our own risk tolerance and investment purpose. Choose the fund that suits you best, and set an investment ceiling when buying partial stock funds.

Second, be careful not to buy the wrong "fund". The popularity of funds has led to some fake and shoddy products "fishing in troubled waters", so we should pay attention to identification.

Third, pay attention to the post-maintenance of your account. Although the fund is worry-free, it should not be left unattended. Always pay attention to the new announcements on the fund website, so as to have a more comprehensive and timely understanding of the funds you hold.

Fourth, pay attention to buying funds, and don't care too much about the net value of funds. In fact, the fund's income is only related to the net growth rate. As long as the fund's net growth rate stays ahead, the income will naturally be high.

Fifth, we should be careful not to "love the new and hate the old" or blindly pursue new funds. Although the new fund has inherent advantages such as preferential prices, the old fund has long-term operating experience and reasonable positions, which is more worthy of attention and investment.

Sixth, we should be careful not to buy dividend funds unilaterally. Fund dividend is the return of investors' previous income, so it is more reasonable to change the dividend method to "dividend reinvestment" as far as possible.

Seventh, we should pay attention not to talk about heroes in the short term. It is obviously unscientific to judge the pros and cons of the fund by short-term ups and downs, and it is necessary to make a comprehensive evaluation of the fund in many aspects and conduct a long-term investigation.

Eighth, we should pay attention to the flexible choice of investment strategies such as steady and worry-free fixed investment and affordable and simple dividend transfer.

Specific to investment, there are many technology stocks and many sub-sectors in the market. It is a good way to buy index funds for small partners who have difficulties in choosing.

Based on the above analysis, China CSI 5G communication theme ETF connection, Cathay Pacific CSI all-finger communication equipment ETF connection, Cathay Pacific CSI computer ETF connection and Cathay Pacific CES semiconductor ETF connection deserve long-term attention.

Finally, it is suggested that you can participate in the investment of science and technology theme funds by "fixed investment", and lay out the science and technology sector by lengthening the investment cycle and sharing the investment cost equally. If you are optimistic about a certain segment, you can choose the corresponding index fund, but you need to pay attention to the growth of the index, as well as the scale and holder institutions of the index fund. Mobility is also an important reference factor.

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