购买基金应该如何巧打时间差

How should fund the purchase of a time difference Qiao

Q: finance and investment, in addition to the pursuit of stable income, convenient, fast and can create more time for value investors attention. However, people in the actual purchase of the Fund, only with a sense of time management, and the lack of time management methods. Ask, how to fund the purchase of Qiao playing the "bad time" »
Shanghai readers for Xiaotong A: Fund as a financial expert products, people at the time of purchase, its main purpose is to save more of the asset allocation of time, through expert financial management to achieve vested interests. But in reality people buy Fund, the Fund's products in the purchase of de facto, the capital combination of lack of time concept, Qiao can not play the "time lag" and thus missed more opportunities to generate revenue.
First, the subscription period and the period between the purchase, "the time difference." Open-end funds in accordance with the general characteristics of its subscription period is generally one, and it needs Jiancang period of three months. From the redemption to purchase, investors need to face the time-span of an investment, investors choose to purchase, redeem a de facto arbitrage, and created a "time difference." Therefore, the risk preferences of investors, as long as the master of the equity fund of Jiancang characteristics, the Fund will be able to access high Jiancang yield.
Secondly, the front-end fees and back-end charges between the "time lag." Front-end fees is the issue, charging a subscription fee, which is the back-end charges in a closed session, the redemption payment when the cost of a subscription fee approach. In order to encourage holders of the Fund held a longer time, while enhancing the holder's loyalty, individual fund management companies in the back-end fees are set at a certain rate flexibility, with the fund holders holders The longer the time and showed a decreasing trend in back-end charges. The small amount of money, unable to enjoy the subscription period for the large funds rate, may choose to pay the back-end fees, make a long-term value investment.
Third, price and net change between the "time lag." The closed-end funds, the most obvious characteristic is the net value of transaction prices and price volatility is subject to change, and the transaction price changes and changes in the net value of the fluctuations did not necessarily rule, but in the trading price between it and the net value of the Fund There is a certain interaction, that is, closed-end funds price of the deal and the price difference between the net value of the greater, the higher its Zhejia Shuai. This is a transaction between price and net profits of investors, "the time difference."
Finally, the venue and OTC Fund share conversion between the "time lag." In the Fund's investment varieties, there is a LOF, ETF funds can be carried out at the normal transaction, but also for the over-the-counter purchase, redemption, and a variety of arbitrage opportunities exist. How to study and grasp of arbitrage de facto, for investors to buy such a fund is very important.
In short, investment opportunities exist in every time, the investors so long as good at grasping the characteristics of different fund products, capture the opportunities of investment products, will be able to skillfully playing time because of "bad time" and bring about profit opportunities.