There are several reasons why investors recognize the funds purchased by fund companies:
First, the staff of fund companies are professionals, and their ability to select funds is higher and more professional than that of ordinary investors, so the funds they recognize will not be too bad.
Second, the self-purchase behavior of fund companies shows the willingness of investors to advance and retreat together, and their attitude is very sincere and more trustworthy.
Third, the fund company bought its own products. From the perspective of interests, in order not to suffer losses, it will also invest more energy in this fund and manage its operation with better teams and fund managers.
There are two main phenomena in fund companies' self-purchase: first, the design of fixed-income products requires the company to purchase them by itself. Second, the fund company spontaneously purchases itself. In the first case, there is not much discussion value. In the second case, spontaneous self-purchase by fund companies is generally a marketing tool, highlighting the word self-purchase can greatly mobilize the enthusiasm of investors.
Take this year as an example, this year is a special year. Due to the COVID-19 epidemic and other factors, the A-share market has experienced many ups and downs, and the bond market has also continued to fluctuate. In order to stabilize market sentiment, many fund companies have made self-purchase behavior. According to statistics, up to now, nearly 90 fund companies have made self-purchases during the year. Compared with 20 19, the self-purchased amount increased by 42.8% year-on-year, which not only increased the confidence of investors, but also ensured the smooth issuance and operation of fund products.
So what about the performance of these self-purchased funds?
Overall, the fund's income is still consistent with the market. Among self-purchased funds, the income of medical and consumer funds and the performance of medical consumer market have achieved outstanding performance, while the performance of other stock funds is relatively backward.
In this year's bond market, due to the continuous adjustment of the market, self-purchased bond funds failed to enjoy stable returns, and even some funds have not achieved positive returns since their establishment during the year.
Therefore, copying homework with fund companies and buying funds bought by fund companies may not be able to make a profit of 100%.
The spontaneous self-purchase behavior of fund companies is not only to recognize their own products, but also to enjoy higher returns, and most of them are for marketing purposes. After all, earning fund transaction fees is the most important source of income for fund companies.
Investors should pay more attention to the product itself and the management ability of the fund manager before making a choice.