The investment risk of the stock fund is the highest among all investment fund varieties. It is suitable for people with strong risk tolerance. A loss of 20% or even 50% is possible. But when the corresponding stock market goes bull, it may also make you gain 50% or more. Pure debt funds are suitable for all investors, but before investing in stock funds, you must be clear about whether you can bear such a large potential loss.
Stock funds can be divided into active stock funds and passive stock funds. The selection skills between the two are different. Today we will learn the selection skills of stock funds actively managed by fund managers.
Skill 1: Compete for Dad
For a fund, this "father" is the fund company behind it, because many foundations often share one investment research and management team, or one fund manager often holds the fund manager position of several funds. We often say that fighting is not only the combat effectiveness of the army, but also the comprehensive national strength of the whole country behind it. It can be seen that the size of the fund company behind the fund itself is not large, and the strength of the overall research is not strong, which has a great impact on the long-term performance of a fund. Therefore, when selecting active funds, it is recommended to try to select those large and well-known fund companies rather than those small and unknown companies. At present, there are more powerful fund companies in China: Tianhong, ICBC Credit Suisse, E Fonda, Boshi, China Merchants, South, Harvest, Huaxia, Jianxin, Bank of China, Huitianfu, Penghua, Guangfa, Fuguo, Yinhua, Hua'an, Huabao Xingye, etc. Therefore, we recommend to select the fund products of the above large companies when selecting active funds.
Skill 2: Spelling people
The level of the fund manager is the level of the fund manager. The reason why we are willing to buy active funds is that we hope to win over the market through the active trading of fund managers and obtain higher returns than the average market returns, especially in the depressed bear market. Specifically, it can be divided into three dimensions.
First, the basic background of fund managers, including age, education and employment experience. Investment is a deep business, and ginger is still old and hot. It is recommended to select fund managers over 35 years old. Fund managers with Bosch and Master's degrees are the standard configuration of fund managers. In addition, the longer their career in the fund industry, the better, and the longer they manage the fund, the better.
Second, the inspection dimension is the trading style of fund managers. There are many investment strategies of stock funds, and different fund managers often have different investment style preferences. One is the preference of holding positions for different lengths of time. Some funds like to do short-term, sell high and buy low, while others like to hold long-term and take the value investment route. How to see whether a fund manager likes to do long-term or short-term? Each fund company publishes a fund report every quarter, which will publish the latest ten holdings of the fund. This report can be downloaded on the official website of each fund company. Of course, you can also check the Tiantian Fund website. If you find that the top ten positions in this report always change a lot, this fund manager likes to do short-term.
Third: Securities companies have a profession called industry analysis, which is specialized in studying a certain industry and clearing the door for listed companies in this industry. Fund managers often have their own investment industries, such as new energy, medicine, military industry, environmental protection, consumption upgrading, etc. If the fund manager is good at or optimistic about a certain industry theme, which coincides with your opinion, the fund can focus on it.
