At present, there are many channels for fund sales, including fund companies, banks and third-party fund consignment companies. Among them, the bank rate is high and the fund company has little funds, so the individual recommends the website of the third party organization, which has comprehensive funds and low rates. At present, the mainstream fund consignment websites include Golden Cat, Fund Trading Network and Tian Tian Fund, all of which are good fund trading platforms.

Fund selection

Confirm the fund type:

In the face of complicated funds, how should novices choose? First, you need to confirm your risk tolerance and financial objectives, and then determine the type of fund to invest in. The risk is arranged from high to low, and there are the following types of funds: stock funds, balanced funds (stocks and bonds), bond funds and monetary funds. Of course, the more risky the fund type, the higher the income may be.

How to check what kind of funds are available in the market? You can check it on the website of the fund institution. Take Golden Cat as an example, enter the ranking page, click on the stock type, and the list will show all stock funds.

Look at the experience of fund managers

By understanding the historical performance of the fund manager of this fund, we can see the management level of the fund manager. Generally speaking, if a fund manager can rank in the top 1/3 of similar funds for three consecutive years, then the strength of this fund manager should still be trustworthy.

Look at fund companies again.

Knowing the past earnings of all the funds under this fund company, you can basically judge the prospects of this fund. If the fund company has achieved sustained returns for investors for a long time, then the fund company should still be good.

Look at the performance of the fund.

Look at the fund's annual income fluctuations in recent years, as well as related risk factors. Generally speaking, it is usually measured by three indicators: standard deviation, beta coefficient and Sharp index. The smaller the standard deviation, the better, and the risk of bag fluctuation is small; Beta coefficient is less than 1, the smaller the risk; The higher the Sharp index, the better, which means that the higher the return of the fund after considering the risk factors.

open an account

There are three places to open an account at present:

Bank/online banking, bring your ID card to the bank and you can buy all the funds sold by this bank.

Consignment: register an account on a third-party consignment website, and then bind a bank card, which can be purchased in the market.

Some funds are more restricted than recommending fund companies. A fund company can only open one account, and can purchase all the funds under the fund company.

Buy a fund and confirm the investment method

Generally speaking, it can be divided into single investment and fixed investment. The advantage of fixed investment is that for funds with higher risks, regular fixed investment can be risky and safer.

Knowing the above steps, novices can basically solve the problem of how to buy funds. Finally, investment is risky, so please be cautious.

Stock funds actually buy a basket of stocks.

Hybrid funds can buy stocks, bonds, options, paper gold and other investment products.

The purpose of the fund is to reduce the difficulties for investors to choose because of short-term market fluctuations; However, stocks hope to get faster (or higher) returns, and at the same time bear market risks such as high volatility.

The main difference between them is based on investors' risk preference and holding period.