1. Select the fund type according to personal risk preference.
1. 1 introduction to fund classification
Funds are mainly divided into stock funds, hybrid funds, bond funds and money funds according to the types of investment objects. Equity fund: a fund that invests most of its funds in stocks, accounting for more than 80% of the fund's assets. Hybrid fund: a fund that invests part of its funds in stocks and the other part in bonds (the investment ratio can be adjusted). Bond fund: a fund in which most funds are invested in bonds, and the proportion of bond investment accounts for more than 80% of the total funds. Money fund: a fund whose assets are all invested in various short-term money markets. Short-term monetary instruments include government bonds, central bank bills, commercial bills, bank certificates of deposit, short-term government bonds and interbank deposits.
According to the degree of risk, it is divided into high risk, medium high risk, medium low risk and low risk; Equity funds belong to high-risk funds, mixed funds belong to medium-high risk, and money funds belong to low risk.
A little more complicated fund types, QDII, ETF, graded fund, LOF fund Viagra, can be introduced in detail in the future, and you can also Baidu yourself if you are interested. Viagra thinks that ordinary funds are enough for us to invest.
1.2 Choose the corresponding fund according to your risk preference.
High risk corresponds to high income, and there may be principal loss due to large fluctuation of profit and loss. Low risk correspondence certainty. So after you are familiar with the characteristics of different funds, you should allocate them according to your risk tolerance and the time when funds can be invested. Funds that need to be used at any time can buy money base to preserve their value, and funds that are not expected to be used for one or two years can buy stocks or hybrid funds.
2. Choose the investment style or industry of the fund.
Every fund manager has his own research or expertise. Viagra, for example, mainly studies high-end liquor, pharmaceutical leading stocks and other super-brand enterprises in the A-share market. At present, the theme of investment in Public Offering of Fund can be divided into industries, such as traditional consumption industry, medicine industry, real estate industry, food and beverage industry and so on. , there are big health, beautiful China, artificial intelligence, intelligent manufacturing, genetic research and other emerging fields. Of course, there are also preferences according to scale, such as large-cap funds and small and medium-sized funds. Of course, more funds are not classified by industry or scale, but are flexibly allocated according to their own judgment.
If you have an area that you are particularly optimistic about or familiar with, you can choose a fund with the corresponding theme. For example, if you are optimistic about artificial intelligence, you can buy an artificial intelligence theme fund. If not, go directly to the third step.
3. Use tools to screen funds.
Viagra usually uses the fund ranking of Tian Tian Fund Network (the largest fund sales platform in China), a subsidiary of Oriental Fortune, to screen the top 100 funds in the last six months, one year, two years and three years. It can also use the fund rating to screen the funds with five-star rating. Initially select funds with outstanding investment performance and join the shortlist. You can also use Morningstar Fund Network to screen.
4, to have a harvest, but also a stable income!
We buy a fund just to get income, so we must pay great attention to the income of this fund. Of course, the higher income, the better. But there is a lot to say about the rate of return.
Go and move a small bench to listen to Viagra.
4. 1 the performance of the fund in recent years is very bright, but this is not necessarily the credit of the current fund manager, and there may be a fund manager in the middle. We need to look at the income of the current fund manager during his tenure. Previous achievements have nothing to do with the current manager's hair. Viagra, which has served for less than two or three years, will not be directly considered! Please look at the following example. In the figure below, the fund's income in the last year was 3 1.6%, and in the last three months it was 17.74%. What an excellent result, but let's look at the introduction of the fund manager and find that the current fund manager has been in office for 47 days, and the previous excellent rate of return is related to the current manager. (Note: Viagra uses the Tian Tian Fund mobile APP when viewing the fund details, so the screenshot is also the APP interface. You can also use the Tian Tian Fund website, and the data is the same. )
Shit, you almost got cheated!
4.2 depends not only on this year's income, but also on last year's income. It depends on the income in the last two or three years. From now on, at least it depends on the income in the past three years. First, a year or two of high returns doesn't mean anything. It is possible that the fund manager is lucky and blocked. Moreover, the investment level of the fund manager we want is stable, and there is a high probability that it will continue to bring us rich returns. This is the same as judging whether a student's performance is excellent or not. You can't say that a good exam is an excellent student. It depends on whether many exams are among the best in the past. Second, people familiar with the stock market know that A shares plunged in June 2065438+2005, and the performance at this time tested the real level of manager Jin. An excellent student should not only get good grades when the topic is simple, but also perform well when the topic is difficult. Look at the income of the last month, three months, six months, one year, two years, three years and five years. As time goes on, the income will definitely be higher and higher. The potential significance of this is that the fund's profit is growing steadily, and there is no situation of getting back the annual profit this year. This is the most important point of Viagra. Viagra can tolerate the fund manager not making money for me, but it must not lose my principal. The performance of this fund in the last week, 1 month, March and June were 1.09%, 4.99%, 19.47% and 2 1. 15% respectively, which were quite excellent.
Such a fund Viagra is absolutely disdainful!
5. Look at the rankings and choose the top students of fund managers.
See if the income of this fund is in the top 1/4 of similar funds during its tenure (just look at whether it is excellent or not). When Viagra chooses its own fund, it usually strictly requires the fund manager to maintain excellent performance during his tenure (special reminder: don't pay attention to the performance hints in the last month, but pay attention to the performance three months ago, because short-term negative returns are irrelevant, in fact, Viagra likes funds with temporary negative returns).
6. Look at the investment period and compound annualized rate of return of the fund manager.
Below is the fund details. Manager Yang Fei managed the fund for two years and 229 days, with a yield of 52.8 1%. At present, the average compound annual rate of return during his tenure is (52.81%+1) (1/3)-1= 60.
Note: The formula for calculating the average compound annualized rate of return of fund managers during their term of office is: (term rate of return+1)( 1/ term)-1, which cannot be simply used for term rate of return/term.
Viagra thinks that the managers whose average compound annual rate of return exceeds 15% in three years (or longer) and whose performance is stable are already excellent and worth investing.
7. Top Ten Awkwardness Stocks of Research Fund.
Study the details of the fund and check the top ten stocks of the fund. 1, check whether the position is consistent with the fund theme. 2. Check to see if any enterprise is in financial crisis, product crisis, or is troubled by too many negative news, such as LeTV. 3. Check whether the heavy stocks are all high-quality leading enterprises in the industry.
The fund is as shown in the following figure, and its first few heavy positions are excellent enterprises. ?
8. Look at the size of the fund.
The scale of the fund is too small and its ability to resist risks is poor. In case of market collapse or other circumstances leading to huge redemption, fund managers have to cut their meat and sell shares to deal with customer redemption, which greatly drags down fund performance and limits fund managers' play. This is why some fund managers like to manage closed-end funds. At the very least, the market crash will not think about dealing with the redemption of customers, so that they have more time to take the initiative to cover their positions.
Then, the fund is too big is also problematic. If the fund is too big, it will be difficult to manage. The more money you want, the harder it is to get high returns. Fund managers often invest in large-cap stocks, and small-cap stocks can hardly accommodate large-scale funds. Moreover, a large amount of funds will enter small-cap stocks, causing sharp fluctuations in stock prices. Therefore, Viagra generally chooses a fund size of 65.438+0 billion to 5 billion, and the particularly excellent fund can be relaxed to 65.438+0 billion.
This paper is a fund selection method that Viagra stands on the shoulders of giants and summarizes its own understanding. I think it is very practical. Viagra will take out everything he has learned, hoping to bring help to all his friends. Finally, I hope my friends will pay more attention to and forward Viagra's articles, and look forward to updating more exciting content next time.
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