Do I need to adjust my existing fund?

Last week, the average of 294 stock-biased open-ended ** rebounded, up from the previous week, an increase of one percentage point, which is also the first time that the average ** level has risen after more than one month of continuous decline. Even if the impact of market value fluctuations of various assets on the market value of the company is excluded, the overall performance is also an active increase in positions, and the range of active positions is a percentage point.

Last week, the average of **type ** increased from 1 percentage point to the impact of market value fluctuations of various assets on ****, and the proportion of active position increases; The average ** of the hybrid ** has increased to, and it also shows an active increase in positions, with an increase of one percentage point, and the proportion of active increase in positions is.

There is no big **, but such a structural adjustment opportunity, it is difficult for them to make sustainable profits, which is the embarrassment of ** now; On the contrary, ** customers have a lot to do, and the benefits can not be summed up in a word, after all, it depends on the level of each person's operation, and sometimes it is supplemented by many luck factors, hehe

You can't run away from what you deserve, and you can't ask for what you shouldn't.

There is no Amitabha Buddha in the south.

Social changes You have to catch up.

The probable reason is that there is neither up nor down. Generally, it is caused by the fact that the **asset in the **asset is low, and the change in market value has little impact.

The net value announcement needs to be after the market closes, and the exchange will send the data invested by the manager on the day to the company, and then the company will make statistics, and then send the data to the custodian for review and review by the regulator after the statistics, and finally it will be displayed in the company or the agency agency, but in these cases, the net value of the company may not be updated for a few days:

First: Closed** may not disclose net worth during the lock-up period. Some are semi-open-ended, which only stipulate that the net value is announced every Friday, so the change in net value cannot be seen at other times;

Second: On weekends and holidays** the net value is generally not updated, such as buying ** on Alipay, after the market closes on Friday, the net value will not rise or fall on Saturday and Sunday. Only on Monday, you can see the change in the amount of the position when you query the earnings details.

Third: many long-term ** can not see the net value, such as strategic placement**, the term is generally relatively long, and only after the expiration can we know the income, so we can not see the change in net value.

Extended Resources: Ways to manage your money.

1.Currency**.

Currency** is generally a low-risk, relatively stable return management style. It can be purchased in Alipay** and WeChat banking. Basically, there is no risk that there will be a loss of principal and the flexibility is good.

Although the income is relatively low, the current interest rate is much higher than the bank's interest rate, and it can also be taken out and stored at any time, which can be said to be very convenient.

2.Low-risk financial products.

Low-risk financial products usually have a time limit. When choosing, investors can choose to allocate reasonably according to their remaining funds. For example, if you have a sum of money on hand that you don't need to use in the last six months, then buy a financial product for six months.

If you have nearly three months of spare money, buy a three-month wealth management product.

3.Treasury bonds Treasury bonds have a time to be issued, but the interest rate on treasury bonds is generally higher than the interest rate on bank deposits. The risk of treasuries is very low. As long as you don't withdraw in advance, there is basically no loss.

4.Pure bonds**.

Debt-only bonds** are slightly riskier than currencies**, but their returns are the same. If you hold it for a long time, your income is basically considerable, and you won't lose money.

In any of the following circumstances, the duties of the manager shall be terminated:

was disqualified from ** management in accordance with the law;

Dismissed by the ** Shareholders' General Assembly;

Dissolved, revoked or declared bankrupt in accordance with law;

Other circumstances stipulated by laws and regulations and the China Securities Regulatory Commission and agreed in the contract.

**Procedure for the replacement of the administrator:

Nomination: The new manager shall be nominated by the custodian or by the share holders, individually or collectively, holding more than 10% (including 10%) of the shares;

Resolution: The General Meeting of Shareholders shall form a resolution on the nominated Manager within 6 months after the termination of the duties of the Administrator, which shall be passed by a vote of more than two-thirds (including two-thirds) of the voting rights held by Liang Zhi, the Shareholder of the Shares, who participate in the General Assembly, and the resolution shall take effect from the date of voting

Temporary ** Manager: Before the new ** manager is elected, the China Securities Regulatory Commission shall appoint a temporary ** manager;

Filing: The resolution of the general meeting of share holders to replace the manager shall be reported to the China Securities Regulatory Commission for the record

Announcement: After the replacement of the manager, the custodian shall make an announcement in the prescribed media in accordance with the relevant provisions of the "Information Disclosure Measures" after the resolution of the general meeting of the share holders of the replacement of the **manager takes effect;

Handover: If the responsibilities of the manager are terminated, the manager shall properly keep the management business materials, and handle the transfer procedures of the management business to the interim manager or the new manager in a timely manner, and the temporary manager or the new manager shall receive it in a timely manner. The new manager or interim manager should check the total value of assets and the net value of shares with the custodian;

Audit: If the manager's responsibilities are terminated, an accounting firm shall be hired to audit the operation of the ** property in accordance with the provisions of laws and regulations, and the audit results shall be announced, and at the same time reported to the China Securities Regulatory Commission for the record, and the audit fee shall be paid from the ** property;

**Name Rubber Rotation Change: After the change of the manager, if requested by the original or new manager, the name related to the original manager shall be replaced or deleted according to its requirements.

01 Actively managed**.

For actively managed, this type of manager is mainly managed by excellent managers to obtain excess returns (alpha returns), for which there is a saying in the market: buying ** is buying ** managers. If the owner has changed, we need to pay special attention.

In addition to the change of managers, the scale of each disclosure is also worth our attention. Managers' ability to control the scale of funds is different, and too large a scale often requires higher management skills of managers. When the scale is too large, the manager's management ability does not match the scale, which will also become one of the reasons for the poor performance.

Second, the drift of investment style is also worth paying attention to. After all, a person's circle of competence is limited, and mature managers will have a clear understanding of their own circle of competence, so as to form their own investment style, and will not easily invest outside their own circle of competence. When the style drift occurs in the ** held, we should pay close attention to it.

Because the occurrence of style drift is itself a sign of immaturity.

Third, if there is an incident of stepping on thunder, the heavy stocks (bonds) of the first should also be vigilant. If a large number of investors redeem the cash flow, the manager is forced to sell liquid assets to relieve the redemption pressure, and so on and again may form a vicious circle.

Of course, stepping on the thunder of heavy stocks does not necessarily mean that there is a problem with the investment system of the ** manager. Because there are many things that cannot be held, there are also many factors that cannot be held. Since it is an investment, there are bound to be risks.

It is also necessary to consider factors such as the long-term performance of the company and the strength of the company.

Fourth, changes in institutional holdings can also be used as a reference. In **Details, you can view the proportion of institutional holdings. The proportion of institutions has dropped sharply, indicating that the withdrawal of institutional funds means that institutions are not very optimistic about the market outlook, or they have lowered their ratings on this **.

In addition to the above situations, when holding **long-term poor performance, you can also take the initiative to replace it with a better one**.

**Performance has been lower than the performance of the same kind for a long time, and you can consider replacing **.