Guide to selecting thematic funds.
Consumer sector-- the gathering place of cattle stocks
Investment is like a snowball, the consumer sector, as a track with long slopes and thick snow, often rolls out huge snowballs, that is, the so-called long bull stocks, which I believe most investors agree with. Because the consumption index belongs to the rigid demand of products, long-term investment can significantly outperform the index, and the demand is very stable.
For example, since 2019, consumer stocks, mainly liquor stocks, have been high because they have been rising for many years. Some investors chanted "too expensive to do it", while others expected to have a chance to get on the bus. However, compared with cyclical stocks and technology stocks, consumer stocks have relatively low volatility and have not been cheap all the time. They seldom encounter the opportunity to be undervalued, mistakenly killed, and get on the bus calmly. Therefore, investing in consumer stocks should start early.
What are the consumption theme funds?
There are many kinds of consumer industries, involving all aspects of our clothing, food, housing and transportation. The performance of comprehensive consumption in the macro-economy and capital markets, investment and consumption has a solid foundation and should become an important part of asset allocation.
It is impossible not to eat or consume, so the consumer industry will not die out. And with the improvement of people's living standards, the consumer industry will also show an upward trend. This is where the consumer industry is more stable and has advantages over other industries.
For most investors, we do not have the time, energy and relevant expertise to study consumer stocks, so an ideal choice for investment and consumption is to buy consumer funds, which are divided into major consumer goods and optional consumer goods.
Why is the spring of consumption theme coming?
The impact of the current sudden epidemic has suppressed consumer demand, and the stock price performance of some consumer stocks has been affected, but the good quality of core assets will not be changed, which is likely to be a golden pit opportunity for consumer stocks.
At present, many consumer demand is suppressed in the short term, rather than long-term reduction, such as catering, tourism, liquor, dairy products, beverages, this short-term impact will be eliminated after "lifting the seal", the entire consumer market may usher in demand."retaliatory release".
In the process of resuming work and production, various measures such as loan concessions, reducing rents, taxes and fees, and flying happily with the heart are gradually stimulating everyone's consumer nerves, so consumer stocks are expected to usher in a sweet period of performance recovery. to provide support for the rebound in consumer stock valuations and stock prices.
How to choose consumer funds?
Specifically in the practice of traditional Chinese medicine how to choose consumer funds? We can analyze it from several funds on the current platform:
Pay attention to the star industry: food and beverage, etc.
The number of index funds in the consumer industry is the largest of all industries. But when choosing, there are major star industries:
Essential consumer industry: the higher long-term income is liquor, followed by the food and beverage consumer industry index fund. In 2019, the consumer index is mainly driven by the liquor sector, so now the valuation of the liquor sector is very high. If you want to invest, you must grasp the admission time. Even if it is a fixed investment, it is necessary to adjust the fixed investment amount at the right time.
Optional consumer industries: retail and household appliances have higher long-term returns, but the household appliances industry does not have a suitable fund, so the retail industry is more popular and suitable for investment.
Pay attention to investment ratio, fund managers, investment and research teams, fund companies
After defining the star industry, the specific fund information is also worthy of attention. In the fund briefing, it should be clearly seen that the investment goal is to focus on the consumer industry, and the positions are dominated by consumer stocks. According to the fund style, it can be biased towards the main consumption or optional consumption.
In addition, the fund managers of excellent consumer-themed funds are long-distance runners, and investors can understand the fund manager's investment philosophy, practical experience, and his investment logic in consumer stocks. Fund companies, as institutions most familiar with their own products, if they invest a large amount of money in one of their funds, it is also a message worthy of investors' attention.
Conclusion
An excellent consumer theme fund, in addition to investors' own, also needs fund companies and stable investment and research platforms as strong backing to obtain returns from a medium-and long-term point of view, because consumer theme funds are slow cattle characteristics. the consciousness of long-term investment is also essential.