Category: Money tips Release Date: 2006-11-03
The operation of the fund has its own laws, if you do not follow the proper rules, blind investment, will result in the loss. The following four aspects need to investor attention.
Is not suitable for frequent short-term operation. Since the Fund's assets in different configurations, thus showing a different risk-return characteristics, investors can not to this mountain, looking at those high mountains, and blindly chase the Fund's products sell into operation. As the Fund's net worth in constant dynamic change, the fund net short up or down, does not determine the Fund's final return. The fund net short-term fluctuations are indeed capable of investors in the fund to create favorable conditions for arbitrage. However, the net short-term changes in the Fund do not like the stock, as there is a huge arbitrage space. Blind frequent short-term operation, only impairment charges could not be more sharing of the Fund's investment income. Therefore, the frequent operation is not a fundamental original intention of the Fund's investments, while also make Fund due to the purchase, redemption frequency over the frequency caused by the share of instability, to the detriment of fund performance stability.
Should not use the eyes to look at fixed income. The initial choice fund investors, especially the risk-averse investors, the bank's deposit rates will be used as the underlying fund investment income, and in its operation follows the idea of fixed investment model for bank deposits, regardless of place of purchase, or turning a blind eye. In fact, the Fund as an expert financial product, revenue is dependent on the experts to complete the investment operations, while the management capacity of the different fund managers are not the same, investors, if not for analysis and research, and blindly earnings comparisons are carried out, is not desirable.
Not grass is always greener. A criterion can only fund is for investors with much of its return on investment, rather than the old or new fund to fund as a measure of the value of its investment criteria. Evidence shows that a certain fund size and operational strength and extensive product line, the fund management company, the fund's net growth is often considerable. Such as the widely distributed small-cap growth fund, easy Fonda strategic growth of the investment Morgan Alpha, rich Tianyi value of its total net worth, high-growth, fully demonstrating its strong profitability.
Should not blindly worship of fund managers. Fund to achieve good performance, with the fund managers are closely related, but more can not do without the power of the fund research team, in particular, researchers can not ignore the contribution of funds, as most of the fundamentals of listed companies, research was done by them. Thus, changes in fund managers should not be the only reason for deployment of fund products.
