The Strategy Of Attack And Defense Based On "Map"

　　　　
Recently, the fund company's 2010 annual report was released. In the context of repeated market shocks last year, the fund has proved to some extent its own "earning power". However, it is difficult to adjust. In the face of this year's chaotic market trend, how can ordinary investors dig valuable information from the annual report of the fund and tailor their own funds? investment strategy What about it?

The report card has "gold content".

　　 According to the data of 656 funds of 60 fund management companies, the annual profit of the fund in 2010 was 5 billion 82 million yuan, which was much lower than that in 2009, which was more than 900 billion yuan. But considering that the A share market fell 14% in 2010, the fund's report card last year still has a good "gold content".

Analysts said that last year, the market continued to shake, and fund operations were facing great challenges. Although profits fell sharply compared with the "good times" in 2009, their professional investment image also showed a certain degree last year. On the other hand, with the continuous inflation expectations, the financial needs of ordinary people were further enhanced. With the help of professional institutions to realize the dream of wealth appreciation and even financial freedom, investment funds have become one of the most important choices of many ordinary investors.

However, this year the market continues to shake, and fund products become increasingly rich. How should investors choose? Financial experts said that perhaps valuable information can be excavated from the annual report of the fund, tailored to suit oneself. Fund investment Offensive and defensive strategy.

　 Offensive: preferred equity funds and QDII funds

Last year, the global real economy continued to recover, and overseas investment in QDII fund also made a lot of gains last year. Data show that last year, the QDII fund realized a total profit of 3 billion 802 million yuan.

For the market judgement in 2011, the QDII fund mostly expressed cautious optimism in its annual report. Analysts say the recovery of the world's major economies has been further established this year, and the overseas market is expected to pick up gradually. If investors are biased towards attacking styles, the QDII fund may be one of the appropriate options.

It is worth mentioning that at present, the fund has a high interest in "going out to sea", which is one of the reasons for the substantial expansion of QDII fund products in recent two years. For recent investments, financial experts suggest that we should pay attention to fund investment areas. Inflation risk 。 "Because emerging market economies are facing greater inflationary pressures, there is a recent recirculation of capital into the mature market," said the financial expert. "Therefore, when investing in QDII funds, we can pay close attention to QDII products that focus on mature market investments."

As the main force of fund products, equity funds are also one of the important choices of investors. Some analysts have pointed out that with the gradual cooling of the "virtual fire" of small cap stocks, the market valuation level has gradually returned to a reasonable level. If you want to get more active returns, you can consider investing in equity funds. {page_break}

Faced with the same "strands of desire to attract eyed" stock based products, experts suggest that investors should both "hot spots" and "long lines". The personage expresses, from the near future, the theme of anti inflation is the hot spots of various agencies. There are also many funds that focus on anti inflation in the market. Investors can pay attention to it. In the long run, "transformation" is the main theme of the market trend. "In 12th Five-Year, the plan clears up the theme of" protecting people's livelihood ". The fund also makes many targeted products. Investors can invest according to their needs. It needs to be reminded that they can not rely solely on product names to judge their investment styles and themes. They should pay attention to the scope of investment in the product introductions, so as to prevent some funds from selling their dog meat.

Defensive: focusing on bond funds and guaranteed funds.

For investors who pay more attention to "stability", seeking enough certainty is their investment goal. For this part of investors, financial experts suggest that more attention should be paid to bond funds and guaranteed funds.

Looking back on last year's bond market, it has stepped out of the trend of economic growth in the process of economic recovery and policy withdrawal. However, last year, bond funds earned quite well, benefiting from the overall upward bond market, earning 5 billion 877 million yuan a year, an increase of 42.99% over the same period in 09 years.

Analysts say there are different types of bond funds, such as the pure debt base that only invest in bonds, and the first class debt base and the two class debt base that can separately play new and can participate in the new market, and can carry out two level market stock trading. Investors can choose according to their own different risk preferences.

In the annual report, a debt fund manager said that the bond market is expected to be relatively dull this year. For interest rate products, following the improvement of the overall yield level, we can gradually turn to a neutral positive strategy. At the same time, the coupon income of the future bond will be gradually attractive, especially in the stable economic growth environment, the high interest rate credit debt has better investment value.

In addition, this year's fund sales market's hot capital guaranteed fund is also one of the most important investment options for prudent investors. "Last year, the guaranteed fund realized a profit of 1 billion 96 million yuan, and this year's market is still uncertain. Therefore, low risk products are sought after by many investors." Financial experts say that because the guaranteed fund can guarantee the principal security and the overall risk level is low, it is an excellent allocation fund. In addition, the capital guarantee period of the domestic guaranteed fund is mostly three years, which is attractive for medium and long term investors.

Finally, financial experts advise investors not to put apples in a basket. He said that from a historical point of view, appropriate asset allocation can help investors obtain sustained and steady returns. "In the final analysis, whether offensive or defensive, or offensive and defensive, must be rationally allocated according to their actual situation".