There are many hybrid funds, so there are several ways to understand a fund before buying it. First, the simplest and most convenient way is to read the annual report, semi-annual report and quarterly report of the fund company, because a lot of important information will be disclosed in the regular report of the fund. For example, whether the fund has made money, the fund manager's views and plans for the future market, and what stocks the fund has bought.

In addition to prompting risks, fund managers will also make some brief explanations on their investment strategies and fund operations in regular reports. Through this information, we can observe the investment style, investment philosophy and investment strategy of fund managers, and then deepen our understanding of the funds we invest in.

For example, Xingquan He Run Graded Mixed Fund (163406). In the semi-annual report of 20 18, the fund manager briefly reviewed the market situation and the investment situation of the fund in the first half of the year.

Therefore, it is helpful to read the report before buying mixed base.