After more than 30 trading days the fund index rose from 5,000
points to 6,000 points in the market, yet lowered to the bottom in
merely 20 trading days. This has raised a question among investors:
in this situation, should we invest in funds?
Lu Yifan, fund manager of Nanfang Longyuan, said that the market
adjustment is making an adjustment in response to the accumulation
of previous bullish high values. Given the situation, long-term
investment in A-shares remains optimistic and investors are advised
to hold or buy equity funds.
Financing experts suggest that those who invest in funds should
stick to a long-term investment strategy. Research, cost and
trading costs for funds are not high, thus making management fees
and entrustment expenses also relatively cheap. This savings are
passed along to investors. In the current unstable market, equity
funds are seen as a better risk.
For more details, please read the full story in Chinese. (
http://finance.sina.com.cn/money/fund/20071119/06384187909.shtml)
(China.org.cn November 21, 2007)
