The big data index fund is a relatively young type of index fund. Many investors do not know much about the big data index fund. They want to know what the future prospects of the big data index fund are. Here is a brief introduction to the big data index fund. I believe you will have a deeper understanding of it.
Big data index fund is a fund that relies on big data to select index constituent stocks. First, it must have a source of big data, and then it has certain rules and methods. Using these data to filter, it is best to form constituent stocks. Therefore, the more abundant the big data index is, the more accurate its prediction will be.
But there are so many big data companies in China, who has the most big data? Of course, it is the three giants of BAT that monopolize basic Internet applications in search, social networking and e-commerce industries. The first big data index fund in China also came from these three companies.
The earliest one launched by Tencent is the Galaxy China Securities Tencent Jian Value 100 Index Fund. Later, Baidu launched: Guangfa Zhongzheng Baidu Baifa Strategy 100 Index Fund. Ali launched the Bosera China Securities Gold Rushing Big Data 100 Index Fund. These three are more groundbreaking first generation big data index funds.
What we want to study are the three most important samples of China's big data index fund. The first to eat the crab is Tencent Jian Index, which was born in May 2013. In the first half year of its birth, Tencent Ji'an Index has far outperformed Shanghai Stock Exchange Index, Shanghai Shenzhen 300 Index, China Securities 500 Index, etc. In March 2014, Galaxy Tencent Jian 100 Index Fund was officially launched.
How does the Galaxy Tencent Jian 100 Index Fund select constituent stocks?
Step 1: Kick out companies that may be suspected of financial fraud through data analysis. Financial fraud in Chinese listed companies is as common as fund managers' rat positions.
Step 2: through data analysis, kick out the stocks that may be subject to market manipulation, that is, the so-called stocks with people in charge. It is also common to be a dealer, especially in small cap stocks. Once someone takes a dealer in this stock, the investment risk will increase significantly.
Step 3: Select the stocks that are most undervalued at the moment from the saved stocks, so that those stocks that have risen relatively high in the past and may fall at any time can be eliminated.
Through the above three steps of screening, the stocks with the most investment value will be selected into the candidate stock pool of the index. The following will be assisted by the human brain, which is mainly to help the selected stocks kick out a few despised ones. The human brain is often more effective than the computer at this time. This elimination is not the sole decision of the fund manager, but an expert committee composed of several excellent experts. Finally, the most suitable 100 stocks were left after the screening of human brain, which is the constituent stock of Galaxy Tencent Jian 100 Index Fund.
The investment in these 100 stocks is equally distributed, with each stock accounting for 1%, which avoids the problem that stocks with large plates have greater impact on the fund. Compared with the traditional index, what other characteristics does the Galaxy Tencent Jian 100 Index have?
1. General indexes emphasize their representativeness. For example, the CSI 300 index represents the overall trend of the Shanghai and Shenzhen stock markets, representing the overall market trend. Shanghai Stock Exchange 50 represents the trend of blue chip stocks in the market. But who does Tencent Jian Index represent?
2. Generally, the index is updated once every six months, which means only three or five stocks. However, the update of Tencent Ji'an Index once every six months is a big change of blood. It is common to update 40 or 50 constituent stocks, or even 60 or 70 constituent stocks. The biggest feature of China's stock market is the rotation of sectors. When one sector is almost fried, it will switch to another, and these newly selected stocks will probably rise again.
3. Tencent Ji'an Index does not set subscription fee and redemption fee, but charges 0.25% of annual sales service fee, which is also deducted from the net fund value in advance, without the need for investors to pay additional service fees.
It seems that Tencent's Jian Index is very good, but how about its performance in the future? After a wave of bull bear market conversion, Tencent Ji'an Index's returns are greater than those of Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, China Securities 500, GEM Index, etc. It can be said that big data index funds are also more promising.
