A technical adjustment stocks were balanced funds "hit" the lightest.

<P>: Http:// hearing this week, a significant market opened low, the Shanghai index down 2.59%, the CSI 300 fell 2.52%. .Galaxy Securities statistics, the market index as the underlying decline in most index funds, to -2.30%; stock positions relative emphasis on the partial stock funds and equity funds, followed by decreases were -1.73%, -1.65%; .The Balanced Fund -1.41% decline as the lightest area affected. .A technical adjustment usher shares has become the consensus of institutions and individual investors. .</ P> <P> industry believes that, A whole shares rose sharply early in the experience, the stock price is not cheap, the overall valuation levels are higher. .Wind data, according to last week's closing price, average price-earnings ratio of 67 times in Shanghai and Shenzhen, on behalf of blue chip companies in the Shanghai and Shenzhen 300 Index is also up to 44 times earnings in some industries such as real estate, food and beverage industry average price-earnings ratio close to 90 times .. .Although the stock market is no doubt the long-term trend for the better, but because of early rising too fast, the market began to enter the risk of release period, in the near future whether to take a proactive investment strategy to be appropriate. .</ P> <P> cautious attitude for the recent market, with the fund industry have suggested that, in the current market environment, "attack, retreat and defend" the balance of funds is the vast number of individual investors a more appropriate .choice, investors should focus on allocation of funds a number of varieties of both offensive and defensive. .Tianhong Fund Lulin Feng, director of marketing, said yesterday that support the A-share market long-term fundamentals for the better, and no fundamental change, but the full consolidation of the market needs, he suggested that investors consider the allocation of funds a number of products with both offensive and defensive. .In addition, he cautioned that long-term investment fund as a financial (Related: Securities and financial) products, need to overcome is the point in time in the stage of greed, fear, blind, sheep and other human weaknesses, in the rising phase of the market, not because of stock market .Mengjin and excitement, do not despair because of short-term decline. .</ P> <P> Lu Linfeng, for example, the CSI 300 fell 2.15% last week, balanced funds Tianhong Select Fund fell 1.21%; in 22 market crash, the fund fell by only 0.90% .. .Balanced funds across the stock market, bond market characteristics, it is shown in the shock city of the better defensive. .</ P> <P> Disclaimer: This story is purely personal point of view of, only for investors and does not constitute investment advice. .Accordingly investors operate your own risk. .</ P>.