As we all know, the fund manager is the soul of a fund, and the basis of investment depends entirely on the fund manager.

But what is the use of passive index fund managers? In fact, it is to copy the index and adjust the position to deal with large redemption.

To tell the truth, for transparent index funds, the role of fund managers is psychological, so that ordinary people can see that, oh, it is not bad that someone is in charge of my money for me.

At the current level of AI, the manager of index funds is almost meaningless. If you fire him, you can change the artificial intelligence and stare at the same thing. The estimated tracking error is smaller than that of human, and the cost can be lower.

I don't know if any fund companies will launch similar fund products early, but there will definitely be such funds in the future.

With the progress of AI, fund managers are also a Red Sea area. Except for a few really excellent fund managers, all of them are at risk of unemployment. . .