How should the citizens operate in a volatile market? The following small series analyzes it for everyone.
In the face of the turbulent market, citizens will find it difficult to make money by investing in stock funds. This is first reflected in the huge differences in the performance of different industries in a certain period of time. For example, the cumulative net value of a Shanghai-Shenzhen 300 non-bank financial index ETF linked fund increased by 27.63% in the last three months, while the Shanghai-Shenzhen 300 index ETF linked fund was 16.42% in the same period, and a "Belt and Road" theme fund was only 10.07%. Second, the persistence of the trend is much lower than that of the bull market. The funds held in the hands are often neither dead nor alive, and even some profits just now will soon fall back if they are not cashed in time. Therefore, it is necessary to take a different approach from the bull market in the volatile market.
First, choose the matching fund varieties.
In a volatile city, it is not suitable to choose index funds such as CSI 300, SZSE 100, and funds that invest heavily in strong cycle industries such as energy and non-ferrous metals. Industry funds that have heavy overcapacity or become targets of policy suppression are not allowed to intervene. However, funds in weak cycle industries, such as investment banking, insurance, medicine, Internet, computer and other industries, often perform well. For example, 20 10 is a shock year, and among the funds ranked in the bottom ten, 8 are only index funds. The annual net value of Harvest 50 Index of Chongcang Steel fell by 26. 1%, making it the worst fund. According to the analysis, the reason why Chinese Shi Sheng Fund won the championship with a score of 37.77% is that it laid out the consumption and emerging industries at the beginning of 20 10, focused on agricultural stocks in April, automobile and commercial stocks in July, and coal stocks in the beginning of 20 10. If the citizen has a high tolerance for the fund's profit and loss and is willing to make great efforts when choosing the investment target, he can choose a hybrid fund that is invested by an excellent financial planner in small and medium-sized stocks, and take appropriate investment methods in view of this market situation, which will definitely bring a lot of benefits. If the tolerance for fund profit and loss is very low, you may wish to quit the stock fund first and switch to the bond fund or the money fund.
Second, use appropriate sowing methods.
This mainly includes: First, efforts are made to reduce the cost of capital input. In view of the fact that the yield of stock funds in volatile markets is much lower than that in bull markets, it is very important to do everything possible to reduce investment costs. Specific means include: fund-raising activities through official website and fund companies. This is because you can enjoy a discount of 40% to 60% by purchasing the fund subscription fee through the fund company official website, which is significantly lower than the bank counter; Make full use of the conversion between different fund varieties to further reduce investment costs. For example, if Jimin thinks that stock funds are risky and bond funds have obvious good opportunities, they can switch between the corresponding varieties of the same fund company. This will greatly improve the efficiency of capital use compared with redeeming stock funds first and then buying bond funds. Second, step on the rhythm of rotation and invest in the base by buying down and selling up. Experienced citizens all know that in the bull market, due to the continuous influx of incremental funds, although some industries rose first, some industries rose later, some rose quickly, and some rose slowly, the overall trend continued to rise. In a volatile market, only the stock of funds is in the game. After some investment products in some industries are fired to a certain height, they will fall back under the pressure of short-term profit-seekers and quitters. At the same time, other relatively low-level industry investment varieties attract investors because their intrinsic values are underestimated. For example, since the third quarter of 2008, the Shanghai and Shenzhen 300 non-bank financial ETF connection fund, GEM index ETF connection fund, national defense and military industry theme industry fund, energy theme industry fund, medicine theme industry fund, and "Belt and Road" theme industry fund have obviously appeared one after another: when the current performance is relatively strong, the latter is often weak. After a period of time, the weak in the early stage begins to strengthen and the strong in the early stage weakens. Therefore, the basic people can switch back and forth between strong and weak funds in different industries by buying down and selling up, so as to prevent both stepping on the air and locking up.
Third, establish a moderate income target.
In the bull market, the income of equity funds is very considerable. For example, in 2007, the average annual income of equity funds reached 1.28%. Among them, the annual income of the first place is 226. 14%. However, the shock market is obviously different. In 20 10, the champion's net value increased only by 37.77%, the average annual return rate of actively managed partial stock funds (including common stock base) was -24.0 1%, and the annual return rate of champion Oriental Dragon hybrid fund was -8.25%. The reason is that in a volatile city, whether it is rising or falling, the trend persistence is obviously reduced. Therefore, Jimin should refer to the market performance in June 2008 and 6+00 in 2008 and the performance of similar funds, and set small profit targets and stop loss targets respectively.