Alipay Is A Popular Platform, Do You Deserve It?

Someone left a message the day before yesterday saying they wanted to see how I choose my partner. After much deliberation, I spent some money on Alipay to choose a partner.

First open Alipay and find [Financial Management]-[Fund]-[Jinxuanhao Fund].

Click on it, the first one is Huaan Anxin Consumer Service Portfolio A, the second one is Cinda Aoyin Core Technology Portfolio, and the third one is Cinda Aoyin New Energy Industry Stock.

The first two are hybrid bases and the third is a stock base.

Today we are talking about Jihua Anxin consumer service portfolio A. This base has increased by 33.15% this year, and Alipay Gold Selection ranks first. Let’s see how it goes~

What about hybrid funds?

First, look at the fund profile, secondly, look at the fund manager, thirdly, look at the trading rules, fourthly, look at the charging model, fifthly, look at the fund evaluation, and sixthly, look at the investment distribution.

Let’s take a look at Huaan Anxin Consumer Service Portfolio A one by one—for analysis only, not for investment reference.

(1) Fund overview.

Fund overview, look at the establishment date, asset size, fund manager and custodian.

Huaan Anxin Consumer Service Zone A was established in 2013 with a scale of 2.501 billion yuan.

When we choose hybrid funds, we should choose funds with a scale between 2 billion and 10 billion and a fund that has been established for more than 3 years. Huaan Anxin Consumer Service Portfolio A meets these two items.

The fund manager is Huaan Fund Management Co., Ltd., and there is no problem with the license.

The fund custodian is the Industrial and Commercial Bank of China. Basically, you don't need to worry about this. The custodians are all in banks, so this problem generally does not arise.

(2) Fund manager

Fund managers should look at two aspects: 1. Look at the past performance and investment style of the current fund manager; 2. Look at the frequency of replacement of the fund manager.

Those with past performance and a solid investment style can be considered qualified. Fund managers who have been in office for more than one year and whose fund managers have changed less often can be recognized as qualified fund managers.

This is actually easy to understand. Think about it, if you leave a company after working for less than a year, it means the company is not good.

Same thing here.

The fund changes of this fund are as follows:

The resume of the current fund manager is as follows:

So far, looking good.

(3) Trading rules

T+1 is normal.

It is worth noting that if you sell T+1, if you need funds urgently, you must arrange it in advance.

Otherwise, it is easy to be unable to pay for urgent money, especially credit card repayments, housing loans, car loans, etc.

(4) Charging model

The specific charges for this fund are as follows, for which you need to understand in detail.

Front-end fee, 0.12% within 1 million.

(5) Fund rating

Regarding fund ratings, it is worth noting that the well-known rating companies in China include China Merchants Ratings, Shanghai Stock Exchange Ratings, Ji'an Anxin Ratings, etc.

Their scoring focuses on different aspects.

I personally value Jian Jinxin's ratings very much. The company's rating method pays more attention to the compliance and compliance of fund products. Fund products that violate laws and regulations and significantly deviate from the fund contract will be eliminated. No reviews.

From here we can basically see that if it is a fund that Jian Jinxin has not rated, we can observe it with suspicion. Such funds are either really bad or they are very short-lived.

There is no need to buy a fund that is too bad.

For newly established funds, it takes several months to establish a position. If you are not a value investor and want to hold it for a long time, you can give up.

(6) Investment distribution

From the fund holdings, you can see the top 10 holdings, and you can scroll down to see the detailed proportions.

We don't see a fund with a mix of positions that is fundamentally similar to what we would have when selecting stocks in value investing.

The difference is that everyone's investment direction is different. Huaan Anxin Consumer Service Portfolio A is the same, biased towards the consumer service industry.

There are two industries that have always been favored by Chinese investors.

The biggest advantage of hybrid funds is that fund managers can flexibly operate assets and invest according to their own capabilities.

The biggest disadvantage is too much reliance on the ability of the fund manager. Once there is a problem with the fund manager, it is easily affected.

In fact, this fund was selected as an Alipay Gold Choice. It is not particularly outstanding among the hybrid funds on Tiantian Fund Online.

If you are interested, you can go to the Tiantian Fund website and make a table yourself to see those relatively strong hybrid funds or stock funds.

Your support, my persistence, thank you for your interactive message, like it~

Risk warning: The market is risky, so investment needs to be cautious. This article is for information sharing only and does not constitute any investment advice. Investors operate accordingly at their own risk!

标签： #Fund Manager #Fund