Fund self-purchasing hidden mystery: high-profile buying and quietly selling
2024-09-10 20:58:05
Fund self-purchase hidden mysterious high-profile buy quietly selldesk3cryptocurrencydesktopCrypto News
September 11 news, fund companies actively buy from themselves, which is often regarded as a sign of clear bullish market outlook. In fact, fund companies often hide secrets: they advertise with great fanfare when they buy from themselves, and quietly when they redeem. Some companies make a high-profile claim that they buy their funds, but in fact "redeem the old and buy the new". There are also fund managers who are publicly bullish on the market outlook, while secretly reducing their holdings of funds. "Self-purchase is a gimmick to try to attract investors' attention, but it is actually'redeeming the old and buying the new '. This kind of behavior is more likely to mislead investors." A fund industry researcher said that fund managers' actions speak louder than words. Investors should keep their eyes open and distinguish right from wrong in order to find a trustworthy fund manager.
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