From: Speaking
Compiler: http://www.fundcn.org

After a month of silence in new funds to open the doors again, just before the sale was sent to the rapid growth Huabaoxin industries selected two funds in Nanjing day sales exceeded 2 billion, New courted public funds out of the blue is evident. Recently, a lot of friends who are in doubt, the old fund too expensive, but the new fund has no track record for reference. in the end is really good buy new fund or funds to buy the old well? Experts said that the funds actually net yield is not related, the new and old funds have their own merits, The most important thing is to understand fully fund products, fund managers and fund team. In addition, the Fund is suitable for long-term fiscal effective tool, if people choose to buy funds, We must have the concept of long-term holders.

In bull pattern, as the old fund positions at the ratio higher, investors buy existing funds, you can share the bull market and the fund’s income growth, performance comparison run faster. The new fund will require three months of closed Jiancang period, the three months was no receipts, idle time costs, three months after the investors will be able to obtain investment returns. Furthermore, the bull market rates in the new fund higher costs. Therefore, the bull market rose process, the old fund affordable than in the new fund.

Many investors believed that the new fund to buy shares is like the game of the same Right now compensable. China vice president fund Zhang Houqi said that this is a typical example of mistaken view. “Fund is not compensable or not the package, which unlike the savings or bonds. Fighting shares fell below the issue price of the rare, new fund one yuan denomination, but the possibility of a decline. “said Zhang Houqi. In fact, in 2005, the Fund issued immediately after the lowest denomination of the situation is not uncommon. Zhang Houqi said, in the same circumstances, the old fund to the risk of small, At least the history of the old fund operation will give investors a reference, investors will choose the more targeted.

The new fund has to sell one yuan, many investors believe that the new fund will be able to maintain the upward trend, relatively large room for growth. However, the Tianfu Fund vice president Lin said, “misunderstanding the level of the net, there are still a lot of investors do not understand, “Fund products, the most important thing is to look at the fund’s portfolio securities and fund future trends, net and the ability to earn not affected.

Zhang Houqi used an analogy to explain this. “China has been the rapid rate of return on one of the best fund, But now it is the net worth of more than three. Fund is based on the net purchase, redeem, Then comes the question is not one that exists. “Zhang Houqi said,” Even with the stock as analogy, more than 100 of Maotai and three money ST shares, be able to measure absolute price? I think all fund managers will choose Maotai. ”

Resolution of the old fund should be more of a concern

The new fund is cheaper but the uncertainty is even greater, merit old fund is good but the price is too high. So, what should choose a new fund to the old fund? Fund researcher at the Joint Securities Reng Tong, a large proportion dividends or regrouping the old fund merit more attention.

He said that just a large proportion of dividends or division of the old merit fund can also have the old and new Fund advantage. After a large proportion dividends, the original two yuan more than in the old fund net dropped significantly, investors in the purchase of such funds, no longer entirely due to the high psychological fear and hesitation. Meanwhile, after the old fund dividends attract a large number of incremental funding, the Fund can scale expansion Fund managers to operate the space as a new fund to the same relaxed, we can follow the market trend for new investment layout, can avoid a short period of fluctuations in market risk. Therefore, the ongoing bull market rates, the choice of the past, continued good performance of the Fund is the old merit more prudent choice.

Copyright Fund China 2008.

You Might Like: