How To Go From Financial Management To Qualified Fund Investors

In the near future, the fund companies have disclosed the three quarter fund report of 2014. If you decide to start trying fund investment or holding funds, follow a good plan to pay attention to the Fund Quarterly Report.

But a lengthy report is hard for ordinary investors and there is no need to go all the way. How to seize the key? Don't worry. Good planning teaches you a few tricks.

　　 1. portfolio is soul.

The investment portfolio is the soul of the fund. For the people, this is an important basis for examining the investment style of the fund. In addition to the pure debt fund, the first class debt fund and the IMF, quarterly reports of the fund will disclose the top 10 of the net value and the classified by industry. shares We can roughly estimate the investment preference of fund managers from the heavy stock industry. For example, if there are a lot of new faces in the top 10 heavy positions each quarter, it shows that the fund is more frequent. Fund managers prefer short-term operations.

　 Two fund Performance is a facade.

If the portfolio is the soul, then achievement It's the facade. With a beautiful face, anyone who sees it is comfortable. In the quarterly report, we can focus on the growth indicators of the fund's net value, including the net growth rate and the cumulative net value growth rate. If we want to know the difference between the actual operation of the fund and the benchmark of performance, we can also compare the benchmark with the performance benchmark to roughly judge the performance of the fund.

　 3. focus on share changes

With a soul and a facade, there is a need for loyal fans. Paying attention to the change of fund share can let us know whether the fund is favored by investors. If the share change is more intense than the previous reports, it means that a larger purchase or redemption has occurred.

In addition, the scale of the fund is too large or too small, which will adversely affect the liquidity and investment style of the fund. Large scale funds, such as the growth of the domestic demand of the Great Wall, such as the second quarter of the three quarter, are as high as 7 billion 905 million yuan, but the performance in the past 1 years has been poor. In addition, the small size fund should also invest cautiously, especially those with a net asset value below 100 million yuan, which is often unpopular with individual and institutional investors, and the performance is also poor.

　　 Good planning to sum up

We would like to remind you that the quarterly report of the fund as a "transcript" that shows the performance of the fund in the past quarter reflects only past performance and does not represent its future performance. Therefore, looking up quarterly reports is more about letting us have a clear and comprehensive understanding of the funds that we hold, and we can not just talk about success or failure on a quarterly basis.