Master these skills to choose a fund without confusion.
How to choose the fund with strong earning power?
When selecting funds, we usually consider funds that earn more and rise much, which is related to the profitability of the fund.
Let's take a look at the Alpha of the income indicator.
Fortune Elephant Wealth provides a number of profitability indicators for your reference:
View path: click tab > Financial Management > Select a fund in Futuo Niuniu, and go to the details page > performance > Fund indicators > View details.
Annual rate of return:Converting the current rate of return to the adult rate of return is a theoretical rate of return. Assuming a fund's daily return is 1/10000, the annualised return is about 3.65 per cent.Measure the profitability of a fundBoth wantLook at the performance of the past year, but also look at the performance of the past three years and five years, in order to know whether a fund is a short-term sprint, or medium-and long-distance runner, or long-term and short-term ability is very strong.
Maximum number of consecutive rising weeks:As a measure of continuous profitability, the maximum number of weeks in which weekly gains and declines continue to be positive, the bigger the better.
Alpha:Indicates excess income, yesMeasureAs an important indicator of the active return of the fund, the bigger the better. In the active fund, to some extent, it reflects the ability of fund managers to exceed the benchmark. The greater the α, the greater the ability of the fund to obtain excess returns and the greater the advantage of outperforming the market. This index does not participate in the scoring of bond funds.
