21st Century Economic Report Reporter Chen Zhihang Shanghai Report \”Every beginning, the investor asked, why did the funds earned money in the past year, but he didn’t make money.\” A public fund company customer service staff said to reporters.
Since 2021, the monsters of funds to make money do not make money still \”have increasedness.\”
Recently, Tiantian Fund Network showed the latest survey report of fund investors, as of December 28, 2021, 53% of the annual rate of return is negative, and 35% of the visited books said the year. Within 10%, only 9% of the visited foundations have reached 10% -30% of the annual yield.
In contrast, the annual return rate of the Active Rights Fund (including the stock investment fund, mixed fund) in 2021 is close to 9%, which means that more than half of the country is actually revenue in 2021. The rate is lower than the product yield.
In many fund industry, the fund earning money does not make money, there are many reasons: First, many Chinese blindly chase hot investment themes, leading to frequent trading, slightly inadvertent In the loss of loss; the other Many of the people like to come quickly to \”make a quick money\”, holding the fund time is relatively short, unable to obtain long-term investment bonus.
\”But, to change the transaction behavior of the country, it is not easy.\” The customer service staff of the fund company pointed out. On the one hand, many Chinese people are \”small white\”. It is not necessarily to understand the investment strategy and income logic of different funds. It is easy to adopt a blind chase market hotspot, and chase the \”simple\” investment method of star fund managers. Second, many Chinese people will still Bond / Mixed Fund Products is deemed to \”fixed income products\” and cannot have a sharp decline in the net value of the fund product.
The most typical case he encountered is that many of the foundations have seen the net value of the bond public fund products that have fallen for many days, and they still can’t sit, they will stop the lending. But in fact, the net worth callback of bond funds may be affected by the market environment. Once the market improves, the net value of this type will quickly receive the land. Many of the bases have suffered \”loss\” due to their frequent operation.
The reporter learned that in order to change the \”Fund’s Money Money Do Not Money\”, many fund companies and wealth management agencies have advocated the use of long-term investment strategies.
In late October, the Jingshun Great Wall Fund, the French Fund, and the Bank of China, the three fund companies jointly released the \”Propagation Rights Fund Investors’ Profit Insight\” pointed out that 129 active rights classes in statistics After the fund product, 46.82 million customers and 565 million transaction data, they found that the longer the foundation of the Cases, the higher the average rate of investors, such as when the Cavimin position is less than 3 monthsThe average yield of the subject is negative, and the earnings customer accounts for only 39.10%; the contrary time is more than 3 months, and the profit customer accounts for a significant increase to 63.72%, and the average yield is also transmitted.
At the end of last year, the ant fund jointly released the \”2021 fund manager thousands of investigation report\” pointed out that more than 5% of the respondents managed, the company recommended that the fund product time is preferably higher than one year.
\”The long-term holding investment of the foundation should be based on the investment quality public fund product product.\” A fund person in charge of the organization reveals the reporter. At present, there are more than 9,000 investment strategies in the second-level market. For many \”small white\”, how to select high-quality fund product configuration, it is a major challenge.
He pointed out that although numerous funds have been suggested that the foundation of the fund’s investment concept, product investment strategy, volatility and retransmission of the fund manager, rather than historical benefits. But in the actual operation, many funds don’t know how to \”see\” fund manager investment in investment and product investment strategy, still rely with product history, the fund is ranked, whether there is an investment hotspot, whether the fund manager has a visibility and other simple indicators Investment, leading to its investment \”error\” chance.
The reporter learned that many funds currently pay attention to this problem with the wealth management platform, which is actively introducing various algorithm models to help the majority of the \”select\” quality fund products.
Jadangqiong, Vice President and Secretary General of Sichuan Investment Fund Association, said that the current market entities, fund industry, fund company and sales service, etc., the fund industry self-discipline organizational and other market participants are striving to resolve \”fund making money, The difficulty of making money is not necessarily to make money, strive to achieve the interests of investors to maximize, and create a good profit experience.
\”Only the majority of the majority of the vast people can continue to obtain a good profit experience by configuring a variety of high-quality funds, can easily accept investment strategies for long-term holding and equilibrium configurations, so that the actual investment income is constantly close to the public fund product return, reverse The fund earns the monster of the foundation.
The three major trading mentality leads to \”base revenue than fund returns\”
In the view of Li Xiajun, the investment income of the country is mainly composed of three parts, and it is \”market income β + excessive benefit.\” α + user behavior income X \”.
\”The majority of Chinese people tend to pay more attention to the fund product to run the market gain β and the excess gain α, but ignore the transaction wear brought by the returning Yeng Yeng.\” He pointed out. The transaction wear behavior of the majority of the majority of the majority, including the fund products, the fund product is too short, the asset configuration is unbalanced, chasing the fall, the transaction is frequent, etc.
\”2021 Fund Manager Thousands of Investigation Report\” found that there are more than 12,000 fund investors to find that many subjects have been visited by themselvesThe main reason for investment loss is precisely with short holding time, asset configuration is uneven, chasing killing, frequent transactions.
\”After this, it reflects the three major fund investment mentality of the majority of the majority of the people. First, I can make money to catch up with the market hotspot. Therefore, the frequent trading fund products are only to catch up with the market, but such investment behavior It often brings a strong challenge and decline; the second is to invest the bond / mixed fund products as a solid-replenishment product, once the net value fell in the short term, they blindly stopped the loss; With strong profit-making mentality investment fund products, a slight profit will quickly profit from the ground and look for the next quick money-making fund product, once a slightly operational mistake, not only returning all profits, but also easy to encounter investment losses. \” The person in charge of the above funds told reporters.
\”It is clear that the formation of this is that we see another scene – that is, the fund hold time and investment income have strong positive correlations within a certain range, that is, the longer hold time. The higher the gains, the higher it. \”Li Xiajun said. Taking the ant fund \”gold selection\” user as an example, the average annual rate of the base of the base for more than 1 year is 14%, and the average annual yield of more than 2 years is 33%. The latter income is more than the former. double.
\”We specialize in this scene, find that the fund hold time and investment income present more positive correlation, mainly based on three reasons.\” He revealed. First, many industries and investment tracks are short-term volatility, but long-term, long-term returns are still quite rich, and the long-term returns of relevant fund products are still quite rich; second, many fund managers have implemented investment strategies for long-term investment With the stock strategy, although some stocks will have large fluctuations in the short term, the medium and long-term will still have a good share price rising score; third, many fund managers are also constantly learning to improve investment standards, thus better controlling fund products. Volatility and return value,
\”Therefore, we have always advocated that the majority of Chinese people actively practice the fund strategy of long-term holding funds, and strive to return the actual investment return of the country to continue to approach the fund product revenue.\” He franked.
The reporter learned that after this is, the back of the majority of the people’s financial and mental teachings. Whether there is a short position, the asset configuration is unbalanced, or the trading behavior such as killing and falling, frequent transactions, is from a fundamental issue – that is, the majority of the vast people are keen to \”profit in the transaction\”.
\”\” In the field of public private ownership in China, it is possible to obtain a long-term and stable and considerable return of the fund manager, and most of the people are keen on time. If you don’t make money, you will naturally become more and more fierce. \”The person in charge of a private equity pointed out. To attract the majority of funds to hold long-term fund investment strategies, the key is to guide the majority of bases to turn to \”Choose Base Trading\” from \”Elective Trading\” (ie configured several high-quality funds for long-term investment.The profit of the profit), but the premise is that the supporting organization and the wealth management platform must help the majority of the vast number of high-quality funds, first let them experience a good profit experience, in order to promote them to gradually increase long-term investment.
Li Wenliang, the head of the Southern Fund FOF Investment Department, said that for investors who do not have time, energy or not wanting to filter funds, FOF (Fund China Fund) and the funds are not a good investment choice. At present, the number of public fund funds funds in the market is about 9,000. For the four major pain points for investors \”selection of groups, it is difficult to choose time, it is difficult to track,\” FOF and funds are also able to resolve.
Practicing long-term investment needs to \”Elementation Fund\”
In order to promote the transformation of the \”Choice of Trading\” from \”Choice Trading\”, many wealth management platforms Many attempts with the fund company.
\”From last year, we specialize in the new algorithm model, strive to select about 50-100 high-quality public fund products from more than 9,000 public fund products, showcase the investors, first ensure investors pass Configure a variety of fund products to achieve lower volatility and higher return, and then attract them to continue to increase long-term investment. \”The customer service staff of the above-mentioned public fund company told reporters.
Li Xiajun suffered this.
\”Many bases may not fully understand the differences between investment strategies in different fund products and the differences in investment in the fund manager. If they make them selecting high-quality funds from more than 9,000 public fund products through their ability, it is undoubtedly a sea fishing needle. Therefore, it is necessary to attract them to practice the investment concept, and have to be divided into three steps. To avoid investment concentrations in the investment concentration, the investment risks should be scattered; third, when the above investment strategy can create considerable returns, gradually guide them to strengthen their long-term investment. \”He pointed out.
However, we must do a good job in \”first step\”.
Multi-funded agencies disclosed to reporters that they currently incorporate relevant high-quality fund products into the \”alternative pool\” from a large fund product pool by quantitative and qualitatively combined. According to their actual research and data depth analysis, then the top of the top fund product is incorporated into the \”preferred pool\”, and then through a period of performance continuous tracking and risk warning, the fund product that meets the \”Gold\” standard is finally included. \”Gold Choice\”, showing the majority of the foundation, attracting the foundation to configure the \”Gold Election\” fund to reduce the blind chasing market hotspots, chase the killing, and the trading of the transaction, and frequently selection.
\”Therefore, the fund product that can be selected in the category of the gold selection must have the following characteristics, one is relatively low in the net value volatility, and the second is that the medium and long-term revenue is relatively robust, and the third is that its investment strategy and investment track is in line with Future economyExhibition trend and high view gas, four is that the fund manager’s investment style is relatively mature and easy to invest in mistakes. \”A fund’s business executive told reporters. Although these products are characterized to help the foundation see a good profit experience, it also brings a large\” choice \”challenge to the community – how More than 9,000 funds recognize the product with the above characteristics, it is quite difficult.
Li Xiajun revealed to reporters that the ant fund is working with the fund evaluation agency, one is based on the combination of quantitative and qualitative selection of about 180 The \”Gold Election\” fund products of only different investment strategies to the majority of the foundation, and the other is the selection criteria for the collection of the alliance, the intelligence expert, and the FOF management team jointly optimize the gold selection fund, and use different dimensions to find high quality. The fund product has a higher probability to obtain an ideal return.
\”In this process, the value of asset equilibrium configuration is particularly prominent. When some foundations are configured more high-risk high-risk stocks, we will show them under the appropriate sexual operation framework, and the mixed or bond gold selection fund products is widely used in proportional investment combination; when some When investing in a fund product, we will also show them other investment track fund products with similar benefits, and further disperse a single product investment risk. He said. By analyzing the investment behavior of the ant fund \”Gold Choice\” users found that about 40% of the gold election users hold more than 2 gold selection funds, the corresponding risk benefits is higher than the holding fund User.
\”We also found an interesting phenomenon, in 2021, unrestricted users (through the Alipay Gold Six Fund Channel to browse all kinds of fund information time before investment funds for average 320 seconds) Base gain and holding income, greatly exceeding the brilliant decision-making users (only 30 seconds in front of the investment fund), which indicates that the foundation can expose more valuable funds before making investment decisions. Investment reference content and data, which have a great help to reduce its own error trading behavior and improvement of investment. \”Li Xiajun told reporters.
In the view of the various funds, the above interesting phenomena is very inspiring, but in the actual operational link, because many Chinese people are\” small white \”, they may not know different Fund product investment strategy and fund manager investment style, difficult to browse to fund related information data for the most investment reference value, as an important aid for improving its investment accuracy.
\”\” For this gold selection fund A label that will form a real personalized feature, so that ordinary investors are more convenient to identify the fund characteristics, such as do not hold the group, small and beautiful, cross the beef bear, can rise to fall, morning star five stars, etc. \”Li Xiajun pointed out. In the end, the ant fund hopes to help the majority of the foundation of the\” Gold Choice \”, such as the\” Gold Choice \”, and sincerely pay attention to the previous historical performance and the fund manager’s visibility\” choose \”, then the ant fund hopes Help the foundation understandThe name of the fund manager acquires excessive results, is strong, the transaction ability is strong, or the industry is unique; if many Chinese people have found that many fund products have different short-term income, but the ant fund hopes to help them see different fundsThere are also huge differences behind the product performance – some fund managers prefer a balanced value, some fund managers like to be super-smaller, and some funds are good at capturing investment opportunities according to market trends, helping the foundation according to their own investment preferences.Choose a product that meets your own risk tolerance.
\”This move avoids the majority of the vicinity of the fund, repeatedly trading, once again holds a short position, chasing killing, etc.,\” he pointed out.After all, only find a combination of public fund product portfolio that can create a public fund products that meets its own investment income and risk tolerance, the majority of the vast number can truly \”long-term investment\” to obtain long-term investment.
For more information, please download 21 Financial App