Avoid the pitfalls of selecting funds based on net asset value - buying expensive ones is the right choice

by nearbybear007 on 2009-01-03 08:39:48

Many investors think that high-net-worth funds are "expensive", have limited upside potential, and are prone to "falling", thus they prefer buying cheaper funds. Some investors even refuse to buy anything other than one-yuan funds. In fact, the net asset value of a fund is indeed a factor to consider, as it directly determines the high or low cost per unit; however, when it comes to fund investment, the return on investing in a fund comes from holding the fund during the investment period.

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