Active funds should choose fund managers, and the ability of star managers is definitely different from ordinary people. Excellent fund managers are a few people, but only these few people can create miracles. A stock-based hybrid fund that bought at a high level in 2007 and is still profitable at present. This is the ability. Ability is a long-term performance. In the long run, you must have at least three years of performance, and Niu Xiong has the best experience. Short-term fluctuations are normal and mistakes are allowed. The change of managers means that the investment style will change. Remember that we are buying the investment ability of the fund manager.

1, depending on the setup time.

Whether it exceeds 1 year, it is difficult for us to see its investment philosophy clearly, and we are not sure whether its management ability is strong.

2. Look at historical performance

Look at the performance return level and ranking in the past 3 months, 6 months, 1 year, 2 years, 3 years or even 5 years. Don't just pursue short-term gains, but look at long-term returns.

3. Look at the size of the fund.

The scale is preferably between1-500 million yuan. The scale of the fund is too large, which is not conducive to timely changing positions in the turbulent market, and the scale is too small, which is not conducive to rational allocation.

4. Look at the fund company:

① See whether the fund company's management, operation and related information disclosure of its funds are comprehensive, accurate and timely;

2 Look at the operating performance of the funds under the fund company over the years;

(3) See if the investment and research personnel of fund companies have undergone major changes in recent years;

④ Look at the quality and level of fund companies' services to investors, the cost and convenience of relevant purchase and redemption, and many other factors.

Generally speaking, the funds owned by fund companies that have been established for more than three years, are large in scale, high in popularity, strong in comprehensive strength, stable in investment and research team, complete in fund products, large in fund scale and balanced in fund performance are more reassuring. In addition, excellent fund companies should have a good research team to support them, so as to ensure that their funds have good performance, instead of just using one or two star funds to attract attention.

5. Look at the fund's prospectus: see if its investment philosophy is consistent with itself. For example, the degree of risk, investment industry and so on.

6. Look at its quarterly and annual reports: Look at whether its actual investment is consistent with its investment philosophy from the quarterly and annual reports.

7. Look at the experience of the fund manager: Look at how long the fund manager has been in this industry and whether he often changes jobs; How long have you been a fund manager? You are young, a researcher for 3 years, an assistant 1 year, then a fund manager, and a professional with many years of experience who has experienced the ups and downs of the stock market from 30 to 40 years old.

8. Observe the fluctuation range of the fund: whether it is steady progress or whether the stock market will rise when it is good, and the stock market will fall even more.