The people who withdrew from the position of less than 2,000 points in the new stock 50 index seem to be very profitable, and it is true, but if you look at it for a long time, you may miss more.

In particular, some funds with a long closed period, some newly listed public funds related to the New Stock 50 Index this time, the closure period ranges from three months to three years, and for some people who have purchased a three-year closed period fund, they need to be redeemed in July 2019.

If the new 50 index fluctuates significantly at some point in the next three years, the vast majority of the public may be driven by panic to redeem it, and then realize that it is too late to sell it seriously.

However, if the three years are in a closed period, the rules restricting the operation of the people will bring them greater benefits. Of course, this requires a prerequisite for building a mature and fraud-free market.

After the end of the three-year closed period, the fund has also turned into an open and free redemption state, and the people can choose to redeem or increase their positions at any time, but the concept of the long bull of the new stock 50 index in the past three years must also be deeply rooted in the hearts of the people, coupled with the accumulation of rich profits, and then see the real profits in their investment accounts, the people will also be more convinced of the concept of long-termism and value investment, and become loyal supporters of price investment.

As long as you are not in a hurry to use the money, even if the market has a short-term sharp fall, the people will not be easily affected by panic and follow the trend to redeem, which can largely avoid the phenomenon of a run on the market, and greatly avoid the occurrence of vicious negative feedback continues to strengthen.

Even at this time, if the people still have money to spare, they may choose to increase their positions on dips because of the market crash, which not only avoids the vicious negative feedback that causes the market to continue to plummet, but also better stabilizes the market and reduces violent fluctuations, and the whole situation is diametrically opposed to the main board next door.

The main boards of the two cities often stage market crashes, panic intensifies, and the financing market plummets to hit the liquidation line, which further triggers the market crash, thus forming a vicious negative feedback loop. This situation will never happen on the SGX, but the probability of occurrence is much lower than that of the main board market next door, after all, the equalization fund is coming soon, which is also a great weapon to stabilize the market.

In fact, this wave of phased adjustment in mid-to-late July has more benefits than disadvantages for the SGX market and the SGS 50 Index.

The previous profit plate earned a vote and left, the new batch of funds undertaken, the index has stronger support at a high level, if there is no change of hands, the previous profit fund accumulation of the income is too large, and when the time comes, it will be smashed without scruples.

Anyway, even if the profits are huge, even if they are cut in half, they will make a lot of money, and they will not take too much into account in order to settle down, and the reaction must be violent fluctuations in the market trend, which is easy to cause a systemic crisis.

On the contrary, as long as there is a change of hands, go batch after batch, the new funds must want to make money before leaving, so there is support.

The batch of gone away means that the selling pressure is released once, and the selling pressure is released once a year and the one-time concentrated release of ten years of accumulation, and the impact on the market is not at all in the same order of magnitude.

Fang Hong also doesn't want anyone in the SGX market to eat up the entire profit, and eating alone will never last long.

In the long bullish rise of the New Securities 50 Index, all kinds of funds can achieve an orderly relay, cash out and leave after earning a period of market, and free up chips to let the newcomers relay, not a wave of people earning all, so that the cycle is healthy.

As for some people who want to pay their debts and buy at 1,000 points in the New Stock Exchange 50 Index and want to rise to 30,000 points before selling, Fang Hong also has a way to shake it off, and the leveling fund can play a heavyweight role in it.

If you don't want to change hands, then use the equalization fund to beat the index down so that your income faces a drawdown, if you die to carry it, then continue to fight, see if you go or not, and if you don't go, you can sacrifice the ultimate trick of "directional blasting", so that you can return to the pre-liberation once you go, see if you can go.

In short, the new stock 50 index must be kept healthy and reasonable to change hands in order to get out of the real long bull, otherwise you want to sell at 30,000 points when you buy the bottom 1,000 points, how many fools will really be willing to take you this plate? This is not called a relay, it is a real pick-up.

Fang Hong allows funds to eat the main rising wave profits of the new stock 50 index at the ten-year level, but such a proportion of capital scale can only account for a small number of the market, which is also to follow the objective law of the development of things, there will always be very bullish investors, there is no need to make great efforts if the scale is not large, after all, the gains outweigh the losses.

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The time has just entered August, and on the first trading day of this month, the New Stock Exchange 50 Index bottomed out at 1678 points, and directly ushered in a V-shaped rebound.

Because in the first half of the year, the public fund products issued by major public offering institutions have successively completed fund raising and began to enter the SGX.

The scale of the people's funds is larger, and the entry of these massive over-the-counter incremental funds has promoted the continuous upward movement of the new stock 50 index, and in just half a month, the new stock 50 index has returned to the 1800 point mark again, once again approaching a historical high.

Then the increase began to slow down, but the bullish market remained in a bullish situation throughout August, and the funds standing guard in the first 1900 points also continued to reduce losses.

At the same time, the main board index also strengthened, and the Shanghai Composite Index broke through the previous high in mid-August, standing above the 3,100-point integer mark.

The main board next door can take off at this time, and from the perspective of funds, it is largely the light of the SGX that has returned to 3100 points, because in this time window, a number of SGX theme hybrid funds issued by major public funds have diverted a batch of funds into the main board.

Hybrid active funds, as the name suggests, are mixed, and active funds mean that fund managers can decide what to buy, so the top 10 heavy stocks of these hybrid funds are all SGX tickets, and some main board tickets are mixed in.

It is precisely because of this that the main board has the entry of incremental funds, hedging the liquidity of a large number of shareholders who are constantly switching to the SGX.

However, in this way, the yield of those hybrid funds is much weaker, and they can't even outperform the New Securities 50 Index, but fortunately, the absolute return is not low, and the people don't have so much opinion, and the people are actually not so greedy, and many people are even satisfied with more than ten points of income a year.

Only some people who always pay attention to the market will scold the fund manager for being incompetent, and even the new stock 50 index cannot win.

The reason why these mixed funds can be issued is not without reason, most of the subscribers are actually not concerned about the market, and the place that is not concerned is that the source of funds for these mixed funds actually includes some banks "recommended" depositors to buy wealth management products, and some banks actually cooperate with public offering institutions, and banks help sell fund products.

Then these wealth management products go to buy those funds, and the proportion of this type of funds is actually not low.

Many customers buy wealth management products through bank recommendations, and don't even know that his funds are poured into the stock market by the middleman to buy stocks, this kind of customer has no ability to backcheck at all, and it is impossible to penetrate the underlying asset structure of its financial products, and even the cognition is not in place, but they will even make additional investments after seeing that the income is very considerable, and some people may still be recommended by relatives and friends.

That's why hybrid funds can be issued, and the scale is not small.

If the real senior people see that your active fund can't even outperform the new stock 50 index, they will subscribe when their brains are wheath, and go directly to buy the new stock 50 ETF OTC feeder fund, isn't it fragrant? Directly open an account to buy the new 50 ETF, isn't it fragrant?

It can be seen that what is made in the financial market is money at the cognitive level, which is essentially making money with information gap between people.

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