不少关注基金投资的朋友，都是"晨星网"多年的深度用户。 可视化的 基金经理管理时间线 助你直观掌握基金经理的管理历程及变动情况。点击基金经理 姓名，还能深入挖掘更多维度信息，全面了解基金经理。 用更直观多维的数据，深入评估基金全貌 ！ ►► 全新设计，便捷导航 在新版晨星网上搜索你关注的某只基金，你将解锁焕然一新的基金详情页，高效获取更加丰富 直观的多维基金数据。 新页面采用Morningstar全球统一设计风格，简约专业，重塑用户体验。新增的 选项卡索引 ， 帮助你快速定位基金信息，让繁琐查找成为过去式。 成立20多年来，晨星网依托晨星全球基金数据库，凭借独创的 "投资风格箱"、"星级评价"等 特色分析指标，持续为投资者们提供专业深度的基金投资工具和研究洞察分享。 在推出 晨星基金小程序 的同时，我们也在对网页版晨星工具进行更新，希望你无论习惯手机 端的便捷操作，还是倾向于用电脑进行深度分析，都能获得更流畅的基金投资体验。 一起聊聊晨星网近期都做了哪些升级，以后还会有哪些变化吧！ 01 基金单页全新升级！ * 仅供展示，不构成投资建议 ►► 丰富数据呈现，深度洞察基金 历史业绩深度剖析 新版基金单页拓展了时 ...

►► 全新设计，便捷导航 在新版晨星网上搜索你关注的某只基金，你将解锁焕然一新的基金详情页，高效获取更加丰富 直观的多维基金数据。 新页面采用Morningstar全球统一设计风格，简约专业，重塑用户体验。新增的 选项卡索引 ， 帮助你快速定位基金信息，让繁琐查找成为过去式。 不少关注基金投资的朋友，都是"晨星网"多年的深度用户。 成立20多年来，晨星网依托晨星全球基金数据库，凭借独创的 "投资风格箱"、"星级评价"等 特色分析指标，持续为投资者们提供专业深度的基金投资工具和研究洞察分享。 在推出 晨星基金小程序 的同时，我们也在对网页版晨星工具进行更新，希望你无论习惯手机 端的便捷操作，还是倾向于用电脑进行深度分析，都能获得更流畅的基金投资体验。 一起聊聊晨星网近期都做了哪些升级，以后还会有哪些变化吧！ 01 基金单页全新升级！ 用更直观多维的数据，深入评估基金全貌 ！ 可视化的 基金经理管理时间线 助你直观掌握基金经理的管理历程及变动情况。点击基金经理 姓名，还能深入挖掘更多维度信息，全面了解基金经理。 * 仅供展示，不构成投资建议 ►► 丰富数据呈现，深度洞察基金 历史业绩深度剖析 新版基金单页拓展了时 ...

基本功的基,就是基金的基。 做好投资、买对基金, 从夯实投资基金的基本功开始。 1分钟GET一个知识点, 起步更轻松。 债基在资产配置的 作用是什么? 提供信元化 债基有助于降低组合的波动, 使整体表现更"稳"。 首先,债基主要投资于各类债券,如国债、企业债等。 债券价格虽有浮动,但有固定的票息收入(未违约), 长期而言可以提供稳定的基础收益。其次,相对于 扫码进入基本功专栏 本材料不构成投资建议，观点具有时效性。本公司承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不 保证基金一定盈利，也不保证最低收益。投资有风险，基金过往业绩不代表其未来表现。基金管理人管理的基金 的业绩不构成对其他基金业绩表现的保证。投资者投资基金时应认真阅读基金的基金合同、招募说明书、基金产 品资料概要等法律文件。基金管理人提醒投资者基金投资的"买者自负"原则，请投资者根据自身的风险承受能力 选择适合自己的基金产品。基金有风险，投资须谨慎。 ...

Core Viewpoint - The article discusses the reasons why investors often find themselves in a cycle of waiting to break even rather than making profits, attributing this to market volatility, behavioral influences in investing, and underperforming fund products [1]. Market Volatility - Capital markets are inherently volatile, influenced by economic conditions, macro policies, industry cycles, and investor sentiment, leading to fluctuations in fund net values [2]. - Investors cannot predict market movements, and encountering a market downturn after purchasing funds can result in inevitable losses, forcing them to wait for a "break-even" point [2]. Behavioral Influences in Investing - **Mismatch of Risk Tolerance**: Investors often choose fund products that do not align with their risk tolerance. For instance, a cautious investor may opt for high-risk funds, leading to significant stress during market fluctuations [3]. - **Chasing Trends**: Many investors tend to buy funds based on market trends or recommendations, often purchasing at high points. For example, after the success of a media-related film, investors who bought into related funds at peak prices may face losses as the market corrects [5][6]. Underperforming Fund Products - Fund performance is crucial to investor returns. Some funds may underperform due to changes in market style or poor investment strategies by fund managers, resulting in potential losses for investors [7]. Recommendations for Improvement - Investors should clearly understand their risk tolerance and select funds accordingly, avoiding impulsive decisions based on trends or rumors [9]. - A rational investment approach is essential, emphasizing the importance of patience and long-term strategies rather than reacting to short-term market movements [9]. - Choosing high-quality fund products and professional fund managers can lead to better investment returns, highlighting the need to consider historical performance, investment strategies, and managerial expertise when selecting funds [9].

Core Viewpoint - The article emphasizes the importance of risk management and strategic investment in mutual funds, highlighting that chasing performance and popular fund managers can lead to significant losses [2][4][8]. Group 1: Investment Experiences - Initial investment in a money market fund resulted in a loss of 18% within three months due to market conditions [2][4]. - The experience of investing in a consumer-themed fund managed by a popular fund manager led to a realization that performance rankings can be misleading and that risk alignment is crucial [3][5]. - A subsequent attempt at dollar-cost averaging into an index fund resulted in a 23% loss during a market downturn, illustrating the psychological challenges of maintaining investment strategies [5][6]. Group 2: Lessons Learned - The article outlines key lessons learned from various investment experiences, including the importance of continuing to invest during market declines and the need for a diversified approach to sector funds [6][7]. - The author stresses that industry funds can amplify risks and recommends using a satellite approach with dynamic profit-taking strategies [7][8]. - The experience with a "line-drawing" fund manager highlights the risks of relying on star managers, as changes in management can lead to significant performance declines [8]. Group 3: Investment Strategies - After five years of experience, the author developed a stable annualized return of 10-12% through disciplined investment strategies, including dollar-cost averaging and balanced asset allocation [9][10]. - A structured asset allocation framework is proposed, dividing investments into three categories: liquid assets (20%), stable investments (50%), and long-term growth (30%) [11]. - The article suggests implementing a systematic approach to investment, including regular portfolio reviews and adjustments based on market conditions [11][12]. Group 4: Guidelines for New Investors - New investors are advised to conduct thorough research before investing, including understanding their risk tolerance and differentiating between short-term and long-term funds [15]. - The article encourages continuous learning and adaptation in investment strategies to improve decision-making and outcomes [15][16]. - The author concludes that successful investing is a long-term endeavor that requires patience and a focus on compounding returns rather than seeking quick profits [14][15].

Group 1 - The core idea emphasizes the importance of foundational knowledge in investment and fund selection, suggesting that a solid understanding of investment basics is crucial for success [1] Group 2 - The article explains that the asset ratio of bond funds can exceed 100%, primarily due to the use of leverage strategies. These strategies involve borrowing and margin financing to enhance returns, which can result in total assets surpassing net assets [2]

Core Viewpoint - The capital market is reassessing investment opportunities in Chinese assets, particularly offshore assets represented by the Hang Seng Tech Index, which has shown significant outperformance compared to A-shares and the Nasdaq [2][3]. Group 1: Market Trends - Since February, the Hang Seng Tech Index has increased by 26%, and year-to-date, it has risen by 34%, with a 71% rebound since September of the previous year, outperforming major A-share indices and the Nasdaq [2][3]. - The shift in market sentiment has led to a notable increase in ETF investments, moving from passive defensive strategies to active sector and thematic investments [6][7]. - The average daily trading volume in the A-share market reached 1.8 trillion yuan in February, indicating a shift in investor sentiment towards a more aggressive stance [7]. Group 2: ETF Investment Dynamics - There has been a significant outflow from broad-based ETFs, totaling 76.4 billion units, while thematic and sector-specific ETFs have seen inflows of 14.4 billion and 7.9 billion units, respectively [7][8]. - The preference for technology-related ETFs has increased, with the top ten funds seeing inflows entirely from Hong Kong-related indices, indicating a growing interest in offshore technology assets [10][11]. Group 3: Characteristics of the Hang Seng Tech Index - The Hang Seng Tech Index consists of 30 major Hong Kong-listed technology companies, reflecting high-quality tech leaders and is often referred to as the "Hong Kong version of Nasdaq" [15][18]. - The index is designed to minimize risk through a balanced weight distribution, with individual stock weight limits set at 8% for non-foreign companies and 4% for foreign companies [15][16]. - The index covers a wide range of industries, including retail, information technology, semiconductors, and software, providing a comprehensive representation of the Chinese tech sector [16][18]. Group 4: Fund Selection Strategies - Investors can participate in the Hang Seng Tech Index through three main methods: purchasing domestic ETFs, buying offshore index funds, or using a Hong Kong stock connect account for direct investment in Hong Kong ETFs [21][26]. - Domestic ETFs offer good liquidity and low costs but may be subject to currency and timing risks due to differences in trading hours between A-shares and Hong Kong stocks [22][24]. - Offshore ETFs provide better tracking accuracy and real-time liquidity but require a higher capital threshold and trading experience to access [26][27].

Group 1 - The core concept emphasizes the importance of foundational knowledge in investment and fund selection, suggesting that a solid understanding of investment funds is essential for successful investing [1] Group 2 - A passive index bond fund is defined as a product that tracks a specific bond index, aiming to replicate the index's performance without actively adjusting credit quality or duration [2] - The strategy involves sampling replication and dynamic optimization to minimize tracking error [2]

基本功的基,就是基金的基。 做好投资、买对基金, 从夯实投资基金的基本功开始。 1分钟GET一个知识点, 起步更轻松。 品资料概要等法律文件。基金管理人提醒投资者基金投资的"买者自负"原则，请投资者根据自身的风险承受能力 选择适合自己的基金产品。基金有风险，投资须谨慎。 业绩比较基准 育哪些作用? 是衡量投资能力, 二是 大致了解投资方向。 基金业绩比较基准是为 未来收益定下的"小目标",是 管理人基于产品性质、投资策略,根据自身能力设定 的、力争未来可以超越的基准线,也是 衡量基金经理 扫码进入基本功专栏 本材料不构成投资建议，观点具有时效性。本公司承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不 保证基金一定盈利，也不保证最低收益。投资有风险，基金过往业绩不代表其未来表现。基金管理人管理的基金 的业绩不构成对其他基金业绩表现的保证。投资者投资基金时应认真阅读基金的基金合同、招募说明书、基金产 ...

开启宝箱惊喜 百元好礼身你 i û and and ■ l -未经允许不 来看看你的投资 解锁专属投资" FISHE 好家伙,全市场 基金12000+, pick哪一只? 数据来源：中基协，截至2024年8月31日。 行情一天一个 样, 择时? 根本 择不了一点! 吃可当光族 买买买一时爽, 一到月底就"吃 士"。 每月剩下的钱不 多，能投资理财 吗? 12 此图片来自微信公众 未经允许不可引用 追涨杀跌者 道理我都懂，可 就是管不住手 … … 市场一波动就卖 掉了，应该多拿 一阵子! 此图片来自微信公众 未经允许不可引用 e 此图片来自微信公众 未经允许不可引用 and 忙碌上班族 搬砖太忙，没时 间盯盘研究, 怎 么办? 手里的基忘记止 盈, 自自错过好 收益, 郁闷! los 此图片来自微信公众 未经允许不可引用 此图片来自微信公众 未经允许不可引用 ttp 此图片来自微信公众 ttps 以上内容为广告 ...