When choosing a fund, the first thing is to see if there is a stable historical performance of 3-5 years. Secondly, when choosing a fund manager, we need to look at the long-term performance of the fund manager. You can make a table and filter it yourself. For example, if you screen fund managers whose average annualized rate of return exceeds 15%, you can continue screening after screening, and those who have worked for more than 10 years.
When choosing a fund manager, it is generally better to have a long service life than the new fund manager, because the fund manager with a long service life has experienced "bull and bear" and is more experienced than the new fund manager.
Second, it depends on performance. Only fund managers with outstanding performance will have a greater chance to make money for us. If we invest in a bad fund manager, the fund will continue to fall, just like a bottomless black hole, falling more and more. Although the past does not represent the future, it will still have certain reference significance.
It is worth noting that when looking at a fund manager, it depends on whether the term of office of the fund manager is his. For example, some funds have excellent historical returns, with a five-star rating for three years and five years, but the new fund manager just took office recently, so these achievements are not his and need to be carefully considered.