我国股市发展时间较短、投资者结构不均衡,投资者情绪等非理性因素会在很大程度上影响市场走势和股价表现,致使股价偏离其内在价值。因此,我国A股市场中存在着较多的逆向投资机会,相关产品的发展空间巨大。基金投资者不妨亦采用逆向投资的思维,适当关注业绩表现良好但尚未被广泛关注的绩优逆向投资基金。什么是逆向投资?逆向投资(Contrarian Investing),是一种基于行为金融学(Behavioral Finance)理论基础上的投资策略。行为金融学理论认为,证券的市场价格不只由证券的内在价值决定,还在很大程度上受到投资者情绪等非基 The short development period of the stock market in our country, the unbalanced investor structure and the irrational factors such as investor sentiment will largely affect the market trend and stock price performance, resulting in the stock price deviating from its intrinsic value. Therefore, there are many opportunities for reverse investment in the A-share market in our country, and the development space of related products is huge. Fund investors may also wish to adopt the idea of ​​reverse investment, with due attention to performance good but has not been widely concerned about the advantages of reverse investment funds. What is reverse investment? Contrarian Investing, an investment strategy based on Behavioral Finance theory. Behavioral finance theory that the market price of securities not only by the intrinsic value of the securities decision, but also to a large extent by the investor sentiment and other non-base