Study the first batch of new funds
In the absence of the winning rate, the historical performance of the first batch of new funds became the first reference index. Yang Delong, chief strategist of southern fund, suggested that investors can choose a new fund with better expected annualized income in a quarter before choosing a new fund, indicating that the fund company has better quotation ability, innovation ability and fund size control ability, and can subscribe for the company's new fund in this round of new funds.
In fact, the capital preservation fund has given full play to its new advantages. Among them, Great Wall Jiuli guaranteed the capital, and the expected annualized expected return is close to 25%, reaching 24.9%, which is the best among all funds. This product has been in the top position in terms of net value increase, mainly because of the skyrocketing IPO.
Observation funds can open new positions.
Yang Delong pointed out that there are many new funds to declare, but there is a big gap to make new capabilities. In addition to the quotation level, the number of full-time new positions is also the key to determine the expected annualized expected return of future funds. Therefore, Yang Delong suggested that investors should study the number of new positions in the fund raising announcement before applying for a new fund. The higher the position, the better the effect of the new position in the future.
From the perspective of fund types, hybrid funds are the main force of innovation, because partial stock funds have a 60% position limit, and the expected annualized expected return of the portfolio is limited, while bond funds are not allowed to innovate offline. Hybrid fund positions are flexible and have great innovation advantages. For example, Guotai Minyi and Guolian Anxin in the first batch of new funds have achieved good expected annualized expected returns, outperforming the average expected annualized expected return level of hybrid funds in the same period. Yang Delong pointed out that most of the intensively issued hybrid funds are provided for full-time innovation.
Pay attention to the scale of new funds
Finally, Yang Delong also pointed out that the scale of the new fund should not be too large, otherwise it will also affect the expected annualized expected return level of the new fund. Some professionals have calculated that the scale within 65.438 billion yuan is the best, and the asset scale is too large or too small, which will affect the contribution rate of new shares to the fund. Judging from the past calculation results, the assets of the fund are 50-654.38+0 billion yuan, 0-500 million yuan and 654.38 yuan.
Although many of the first batch of new funds have achieved good results this year, many funds have restricted large-scale subscription because of their large scale, which means that the scale is saturated and subscription is no longer recommended. But you can pay attention to the fund with the right size under the same company. Because institutions can only quote one price, stars can quote new funds or leading companies, and the same funds can benefit. For example, the Oriental Select Hybrid Fund, a new star hybrid fund under the Oriental Fund, was allocated 6 shares in the first round of 48 new shares placement. By the end of the first quarter, its data has reached 4.638 billion yuan, so it is better to pay attention to its joint products, Dongfang Liqun and Dongfang Duoce. These two funds may benefit from the strength of the same door, and the scale is not large. At the end of the first quarter, the scale of Dongfang Liqun was only 394 million yuan, and Dongfang Duoce was just established on May 2 1.
If the fund is too large, it will dilute the new expected annualized expected return. Similarly, if the fund with a new profit of 30 million yuan and a scale of 65.438+0 billion yuan and 65.438+0 billion yuan is not considered, the net value of the former will increase by 3%, while the latter will only increase by 0.3%.