After many twists and turns in the market, Public Offering of Fund has created a "super year", grasped the structural market of A-share market, and effectively demonstrated the strength of "buying funds is better than buying stocks". Bian Xiao compiled how to choose and lay out funds here for your reference. I hope everyone will gain something in the reading process!

Is it suitable to buy funds at the end of the year?

Generally speaking, buying funds at the end of the year is a better choice for the following five reasons:

1, fund managers are usually assessed annually, so by the end of the year, everyone began to switch positions and lock in profits. One advantage of buying a fund at this time is that the overall net value fluctuates less and is relatively stable, and in addition, it can better share the potential benefits in the next stage after the position adjustment.

2. Generally speaking, due to the lack of disclosure of economic data in June, June and February every year, there is an empty window of economic and profit data, and fundamental changes are difficult to falsify, leaving room for market games. So if you buy a fund at the end of the year, you can get on the bus in advance. Fund companies and all walks of life pay attention to getting off to a good start, so during this period, everyone has the motivation and willingness to "make achievements". In addition, liquidity is generally loose around the Spring Festival. In response to the increase in social liquidity demand before the holiday, the central bank will increase its efforts in the open market and cooperate with banks to cope with the peak of credit supply in the "peak season" of the New Year. Monetary policy will be relaxed in stages, and macro liquidity will obviously pick up during the Spring Festival. In this way, institutions have motivation, the market has liquidity, and the overall rising probability is naturally large. Therefore, buying a new fund at the end of the year can not only smooth out the market fluctuation during the opening period, but also catch up with the "good start".

3. There is another interesting phenomenon. Before and after the Spring Festival, because the company issued bonuses, the disposable funds of residents increased and the demand for asset allocation increased. Therefore, before and after the Spring Festival, explosive funds generally appear one after another, and10 billion and 20 billion funds frequently appear once every two or three years. These large funds will definitely be bought in buy buy, and retail investors will generally be driven into the market by various media atmospheres at that time. So why not buy the fund to be bought at the end of the year and get on the bus in advance and wait for the sedan chair?

4. Stock trading is inseparable from policies, and general policies are expected to heat up at the beginning of the year. Usually after the Spring Festival, two sessions will be held. The expectation and landing of intensive policies will help boost market sentiment, and investors' layout mentality will be more positive during the Spring Festival. In this case, isn't it good to buy a fund at the end of the year, make proper arrangements in advance, and wait for the expected fulfillment of the policy?

5. There is another trick. Generally, liquidity is tight at the end of the year, so the income of monetary funds will be higher. If you have idle funds at the end of the year and don't know what to buy, you can choose a money fund.

How to choose a fund at the end of the year?

There are still a few days to go in 2020, and the overall market this year is still very good, especially many funds have achieved good returns, and some funds have even doubled.

How to operate the layout of the fund in hand?

1, look at the fund in hand.

We buy a lot of funds all the year round, and we need to clean up our money at this time.

Buying funds above 10-20 can remove excess funds. How to get rid of it? Can be considered from these latitudes:

First, look at whether there are too many overlapping stocks. Too many awkward shares overlap, and it is easy to share the blame. At this time, you can compare a class of funds in your hands and choose a fund with better performance to stay.

Second, look at whether the performance is stable. If a fund has not achieved positive returns for more than one year, it means that the performance of such a fund is really poor, and you can consider changing the fund. There is no need to stay in a fund with poor performance. A better fund can make more money quickly.

Finally, see if the risk is too high. For a fund with too high risk, I bought it only after hearing others say that the fund is good. At present, after buying it, I found that it is not particularly suitable for myself to clean up. For example, the hot plate was very popular at that time, and everyone chased it, but now I find that this fund is too big for me. After it is profitable, it can be cleaned up and replaced with other funds.

2. Choose a quality fund

Every year, there will be high-quality funds, and new funds will be constantly replaced in our fund allocation.

By the end of the year, many investors will pay more attention to the annual ranking of funds and buy funds directly according to the ranking. But in fact, when we choose a fund, we should not only look at the short-term performance, but also observe the long-term performance, especially the performance with retracement cycle. Every fund manager also has his own field of expertise, and choosing it is equivalent to agreeing with his investment philosophy.

I hope to find a short-term double fund, it is better to find a long-term running fund. You don't have to be top-notch every year, but you can beat most people every year, so your long-term holding performance must be good.

First, look at the working hours of fund managers. It is recommended to choose a fund manager with long working time and excellent performance.

Only fund managers who have experienced at least one round of bulls and bears and performed well are more reassuring. If they only look at the good performance of a certain year, it is likely that they are lucky enough to bet on the industry.

Secondly, look at the investment style of fund managers. It is suggested to choose a balanced investment style and withdraw smaller funds.

Excellent funds can generally continue to outperform the index. However, if the fund manager's style is biased towards the industry theme, the high position is not timely, which leads to the extreme performance, which rises very well when the market turns, but once the market turns, the withdrawal of funds is also relatively large.

Finally, pay attention to the size of the fund. It is recommended to choose a fund with a moderate scale.

If the scale is less than 1 100 million, there is a risk of liquidation, but the bigger the better. Some explosive funds exceed 10 billion, which will affect the ability of fund managers. The larger the scale, the infinitely close to index funds, and it is difficult to obtain excess returns.

3. Decentralized configuration

In fact, buying a fund is the same as eating, paying attention to a "nutritional balance." Buying only one product is like eating meat instead of staple food and vegetables, which will lead to malnutrition in the long run.

Regardless of bull market, bear market or volatile market, we should allocate stock funds and bond funds in a reasonable and balanced way, which will make our investment more stable and lasting.

It is suggested that we can choose the "core-satellite" allocation strategy, with high-quality and actively managed hybrid funds as the core, which will help ensure the portfolio to obtain relatively stable investment income. Choose the industry theme hotspot base with outstanding style and great fluctuation as the satellite to seek excess income.

At the end of the year, the market generally fluctuated greatly and the shock was obvious. On the one hand, in the face of year-end assessment, the fund may adjust its position. On the other hand, since the beginning of this year, most industries have experienced large gains and high valuations, and some fund managers remain cautious. Although the current market generally feels that procyclicality is due to economic recovery and low valuation. However, there are differences. On the one hand, many fund managers do not accept the fundamental market of some low valuation sectors. On the other hand, the short-term economic recovery is actually doubtful, and it is more an expected response.

Therefore, if you want the fund to earn more than others in 202 1, then make a good choice and layout from now on to prepare for next year.

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