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Guess the Fund 01 | Which US stock funds will perform the best in April?

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Moo_Rich wrote a column · Apr 17, 2023 02:52
Hey, mooers!
Welcome to the first round of the "Guess the Fund"!
Does anyone want to win some rewards? Come and make a guess. This guessing game invites all of you to predict how these US stock funds will perform in April, according to public data and market trends. Let's vote for the fund with the greatest potential and share your insights to win rewards!
Here we may show you more details!
Background
From Wall Street Journal: Heading into this year, active fund managers were largely positioned for more of the same—a bear market with a tilt toward value over growth stocks. Yet markets proved to be more resilient than many investors thought possible. The $E-mini S&P 500 MAR5(ES2503.US)$ rose by 7% in the first quarter, and the $Nasdaq Composite Index(.IXIC.US)$, which is dominated by technology stocks, rose by 17%, the largest difference from the Dow Jones index since 2001.
Only one in three actively managed large-cap mutual funds beat their benchmarks in the first three months of the year, the worst performance since the three-month period ended in December 2020, according to data from Bank of America Global Research. Some investors say they believe active managers who fell behind in the first quarter will have another chance to catch up as greater volatility is likely to creep back up into the market in the second quarter, creating more opportunities for stock pickers.
How do you think the US stock market will develop in the coming days? Are there any potential opportunities for investing in US stock funds? Which funds may yield the best results?

Funds
Here are the top 5 best-selling US stock funds:
*Fund Rankings list all mutual funds and fund portfolios on moomoo.
*Popularity rankings display funds sorted by the number of subscriptions in the past week.
The following graph compares the performance of the five stock funds, with their year-to-date returns ranging from -1% to 14%. Which stock are you most bullish on?
Guess the Fund 01 | Which US stock funds will perform the best in April?
*The selected currency for the funds in this event is USD. Only one currency/dividend type will be displayed for the same fund.
*Calculation Formula: Fund Return = [Net Asset Value on T Day (April 30) – Net Asset Value on T Day (April 15)] / Net Asset Value on April 15 * 100%

Period
April 14 – April 30
Notes:
*The "Guess the Fund" vote will end on April 23.
*Influential posts before 23:59 SGT, April 30, will be eligible for the rewards.

Rewards
1. 50 points: for mooers who vote and make a correct prediction at the event
2. 18% (3d) fund coupon: for writers of the top 5 influential posts of over 50 words
Notes:
1. The selection is based on post quality, originality, creativity, and influence.
2. Posts that are not original or relevant shall be excluded.
3. All rewards are mutually exclusive.
4. All rewards will be distributed to your universal account within 15–30 working days after the winner announcement.

Special rewards
[Guess the Fund] will take place regularly twice a month from April to August, with a total of 5 events. Additionally, participants who correctly guess the fund multiple times will be eligible for extra rewards!
1. 500 points: for mooers who correctly guess the best-performing fund in 3 events
2. 15% (3d) Fund Coupon: for mooers who correctly guess the best-performing fund in 4 events
3. 18.8 SGD Fund Cash Coupon: for mooers who correctly guess the best-performing fund in 5 events
This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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