Chasing the rankings to buy funds and afraid to fall into the champion curse how to do?

category:Finance
 Chasing the rankings to buy funds and afraid to fall into the champion curse how to do?


More than 900 funds yield more than 50%

According to wind data statistics, as of November 18, of the 4765 active equity funds and hybrid funds (calculated separately by various funds), 929 funds have returned more than 50% this year.

Among them, the number of funds with more than 90% performance this year has broken through 10, including ABC, Huili Haitang, Guangfa Xinxiang, etc. There are Guangfa high-end manufacturing a managed by sun Di and Zheng chengran, the fund manager of China Agricultural Bank of China, Zhao Yi, the fund manager of Agricultural Bank of China Huili fund, and the Agricultural Bank of China Huili industry 4.0, new energy theme and research selection of Agricultural Bank of China, which doubled to 124.36%, 105.48%, 103.05% and 100.38% respectively.

Strong investment return ability, attracted ordinary investors to rush after, and looking at the ranking to buy funds is the main way for most people to choose the base.

How to correctly follow the ranking to buy funds?

Will champion curse reappear?

Industry insiders said that with the continuous maturity of investment and research capabilities, the trend of public funds breaking the Curse has gradually become clear, and excellent fund managers can achieve good performance returns in short-term, medium and long-term investment.

Take e funds consumer industry managed by Xiao Nan, the fund manager of e fund, as an example. In 2017, it won the champion of active stock fund with 64.97% brilliant performance. Since then, e-funds consumer industry has performed well. In 2018 and 2019, the rate of return ranked in the top half and one tenth of similar products, and the return rate in 2020 will reach 48.41%. Overall, e-funds consumer industry has achieved a yield of 96.49% in the past three years. In the long run, the yield of the fund in recent five years is as high as 256.68%.

However, some people in the industry said that for some of the top performance funds, if the allocation is too concentrated in a certain industry or plate, if the market changes in the future and there is no timely adjustment of positions, then it will fall into a Curse. In addition, too much funds chasing the top performance funds will lead to a sharp increase in the management scale of fund managers, which will also test their management ability. So, how to correctly follow the ranking to buy funds? A person from a fund company in Shenzhen said that there is luck in the extreme performance, but it is undeniable that excellent fund managers also have excellent stock selection ability. Specifically, once it is found that public funds have achieved outstanding investment performance in a short period of time, we can further understand whether the fund manager has rich experience, whether the management of a single fund is long, and verify the investment style of the fund manager through heavy positions. Editor: Wu Xiaojing source: Shanghai Securities News Editor in charge: Zhong Qiming_ NF5619

However, some people in the industry said that for some of the top performance funds, if the allocation is too concentrated in a certain industry or plate, if the market changes in the future and there is no timely adjustment of positions, then it will fall into a Curse. In addition, too much funds chasing the top performance funds will lead to a sharp increase in the management scale of fund managers, which will also test their management ability.

So, how to correctly follow the ranking to buy funds?

A person from a fund company in Shenzhen said that there is luck in the extreme performance, but it is undeniable that excellent fund managers also have excellent stock selection ability. Specifically, once it is found that public funds have achieved outstanding investment performance in a short period of time, we can further understand whether the fund manager has rich experience, whether the management of a single fund is long, and verify the investment style of the fund manager through heavy positions.