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6月份以来,沪深股市步入阶段性震荡下行行情。在此期间,上证指数下跌近7%,区间最大振幅则高达近17%,基金重仓股也未能幸免而损失惨重。流动性冲击限制了基金的股票调整策略,而投资者大量赎回更是对基金重仓股的下跌起到了推波助澜的作用。股市下跌,基金一定就赔钱吗?这在过去几乎是公理,但是有了股指期货以后,一切将转变。
Since June, the Shanghai and Shenzhen stock markets have entered a phase of downward volatility. During this period, the Shanghai Composite Index fell nearly 7%, the maximum amplitude of the interval was as high as nearly 17%, Awkwardness Fund also failed to survive and suffered heavy losses. Liquidity impact limits the fund’s stock adjustment strategy, and a large number of redemption investors is the fund Awkwardness played a role in fueling the decline. The stock market fell, the fund must lose money? This is almost an axiom in the past, but with the stock index futures, everything will change.