Index mari inivhesitimendi

Tinoda mari mari akasununguka kusarudza zviridzwa zvemari, kubva inonyanya kufarirwa pamahombekombe dhipoziti mari ari pamusika wemari. Kana arambe mumisika mari zuva nezuva, hapana nguva kana mukana, unofanira kufunga wokusarudza bhizimisi nokuti kwenguva refu. Unogona kusarudza kuti kuongorora kumusika kunotenga migove achishandisa bhuroka, enda yakawiriranwa mari kana kutenga indekisi mari.

tsananguro

Index Mutual Fund (ETF) - iri Portfolio pamusoro kuchengetedzeka kuti ndivo hwaro upi indekisi. Stock maindex - hama zviratidzo, izvo aumba kubva kukosha kuchengetedzeka ose "machipisi zvitema", kuti ndiro dzakabudirira nyika makambani. Vanoratidza zvoupfumi mamiriro ezvinhu ari mumhuri kumusika. maindex kwakadaro kuripo munyika imwe neimwe. Muna US - a S & P 500, muGermany - the DAX, uye muna Russia - RTS uye MMBV.

Index mari akadzokorora mamiriro pane indekisi. Chinosanganisira anogoverana imwe nyika, nharaunda, mutengo, uye ivo dzikarongwa mumapoka kubudisa chete zvinhu. Included mumatanda izvi zvinogona kutengwa yose zuva. Managing basa iri 0.5% kubva zvinhu. Ndiwo mukana mikuru ETF kuna PIF.

The MICEX indekisi zvinosanganisira anogoverana makambani 45 pakukura. Zviidzo takatsunga zvinoenzanirana capitalization, asi haagoni kuva anopfuura 15%. The makambani pakukura vari pfungwa huru inorwara basa kwevanhu. Kubva kwaari wakaumba kukosha migove. Paavhareji zvakaoma por mugove 5% mberi mitengo. Against ichi nechekumashure, dzokufungidzira dzinoshandiswa tibudirire. Asi nokufamba kwenguva tichitarisa mubereko capitalization duku mari ichapa yakanaka zvemari mugumisiro.

nhamba

, Ipapo wokutanga ETF pasi zita ZANO 35 yakanyorwa pamusoro Toronto Stock Exchange muna 1990, vakamutevera muna 1993 raiva US S & P 500 SPDR, iyo pakutanga akadana musori, uye NASDAQ-100. Munguva 2000s, asi mari musika ari kuputika. Nhasi, kune 4724 mari. Pfuma yavo zvachose - kuruoko $ 2,867 tiririyoni, izvo $ 127 billion hunongova S & P 500. Index mari mu Russia pakutanga akazviratidza muna 2013 .. Zvadaro musi Moscow Stock Exchange zvakanzi vakanyorwa pasi zita ETF FinEx. The RF ETF kuparadzirwa inodzorwa Mutemo "On kuchengetedzeka musika". Active zvokutengeserana zvemaBhaibheri ETF kukura rakatanga muna 2013. Nokuda kuti makambani akatamisa mari kubva yakawiriranwa mari iri ETF gore negore zvokutengeserana vhoriyamu yave kupfuura $ 2 tiririyoni, kuwedzera 27%.

ETF VS Mutual Fund

Index Mari migove akafanana mari vaviri kwakavakirwa akawanda zvinodiwa:

• Professional utariri (tichigadzirisa ari Mutual Fund Rinotarisira uye ETF - boka, iyo invests mari mairi).
• Low "pachikumbaridzo" wedzera (ETF iri shoma mupiro uchava mutengo mugove, muna PIF - shoma mari yakasimbiswa okutengesa mumiririri).
• Diversification kuti midziyo.

ETF kwakasiyana yakawiriranwa mari pamusoro parameters akadai:

• High liquidity. In ETF inogona kutengwa yose zuva.
• Mutual Fund chikwata mutengo rinowanikwa pazuva mambure twa ukoshi. ETF mutengo anochinja ose wechipiri.
• Anogoverana ose itirana mari hazvigoni kutengwa nemari mbiri. "Zvireruke" rinogona kushandiswa ETF.
• Mari Mutual anogona kuchinjanisa chete muna imwe nyika, apo migove - chero Exchange.
• For itirana mari, kusiyana ane ETF, anogona kupiwa kuna Commission.

musika mamiriro

The musika indekisi mari rakakamurwa chikuru (nyaya uye kudzikinurwa migove) uye yechipiri (wemari kurapwa). Access kumusika chikuru vari chete vechikamu mvumo. Ivo atange nyaya migove, kureva kuchinja mari pamusoro mumatanda, uye muchichengeta neizvi nzira - .. Musatsiva kusunungurwa. Migove vakadzikinurwa anogoverana musi 50 fung. Mugove. Nechekare pamisika yechipiri dzinongoitika uye zviri pamutemo vanhu vaibatanidzwa kwema kutengwa uye kutengeswa of Central Bank.

pamutemo garo

The US indekisi mari dzinotungamirirwa pamurairo 1940, izvo nechokuita nevoruzhinji yakawiriranwa mari. Kunyange zvazvo ETF asingadi zvinoenderana wandei zvinoitwa yakawiriranwa mari. Dzimwe vari muchimiro mari chivimbo uye kunyoresa kuburikidza SEC.

Mari European dzinobva UCITS Directive, vakagamuchirwa muna 2009. zvinhu Kwavo: yakazaruka makambani ose, ivo yakaoma mutemo yesangano uye kuburitsa maitirwe ezvinhu. Panguva iyoyowo, iyo mari yakatanga kufamba muna Luxembourg kana Ireland anogona kushandisa yose European Union.

Zvinoumba inoshanda

We funga zvose sei kuvaka ETFs. Chekutanga, boka kazhinji anoisa mari yose akagamuchira kubva investor wacho zvinhu. 5-10% kakawanda vakakwereta mari dzinounzwa kuti kutenga neramangwana riri zvinhu kuti kutevedzera indekisi. The yasara 90% wekambani anogona kusandura panguva yayo kungwara. Asi vanosungirwa kudzorera mari iri kudiwa, kufungisisa mwero yokudzoka yakapikirwa. Kuti, ETF haashandisi mari dzavo.

Chechipiri, vakawanda mari asingadi varidzi Central Bank. Ivo synthesize indekisi maitiro. Nokuti ichi ndicho chibvumirano pamahombekombe pamusoro kupanana mari Rwako. A chikwereti sangano vanosungirwa kupa indekisi anodzoka, nokuti yaakanga anogamuchira mari kubva mari yacho zvinhu. In akadaro rakapotsa Portfolio 90% paakapiwa mari. Kana indekisi iri vanyanye mari kupfuura Portfolio of Central Bank, iro Fund anogamuchira muripo kubva kumahombekombe. In nevakomana ezvinhu, waanoripira kubhengi musiyano.

rwezvemabhengi ngozi

The ngozi ndechokuti indekisi mari haagoni tsaukai indekisi. Kuwana zvose migove kuti vanobatanidzwa indekisi, zvinodhura. maneja ose anoedza vaunze Portfolio ayo uye hapasi kuita zvakakwana anotsiva Central Bank. Ini vambotaurwa, kuti havasi makambani ose vari bhizimisi mumatanda. Vamwe synthesized indekisi kuburikidza kumahombekombe deposits. upfumi akadaro zvayakaita rakafanana chikwereti nomukaka. Ivo dzinewo pamutanhiko yakavanzwa. Kana kubhangi anoenda kusauka, 10% of rubatso zvichabviswa pakarepo akarasika. The vamwe investor vachakwanisa kugamuchira muchimiro papfuma zvikwereti.

nyaya mutengo

Semuna. kuti pave ETF, wölf kuti RTS kuzotenga neramangwana riri indekisi. Mutual indekisi mari vari isingadhuri kupfuura yesangano, izvo anodzokorora. Kana chombo kutenga aizofanira kubhadhara $ 3000, uye kutenga neramangwana - $ 300. The yasara mari anogona kuiswa dhipoziti.

Ukoshi ndeyevanyori neramangwana. Somuenzaniso, nokuti RTS ndiyo mwedzi mitatu. Kureva 4 pagore unofanira uchatamisa nzvimbo - kushandura ramangwana mumwe. Index mari zviite oparesheni ichi pasina kutora chikamu yacho investor. Nokuti kuita kutengeserana Exchange mirairo 2 p. Mari kutenga nokutengesa neramangwana. Kureva kuti komisheni achava 4 p. kana 0,044% inivhesitimendi. Nokuti gore vachava kubhadhara 0,17%. Chete takura zvakakodzera zvokunwa zvinhu. Uye kwete wose ane indekisi neramangwana. Ndiko, kudzokorora nzvimbo unofanira kutenga akawanda makondirakiti kana kutenga kuchengetedzeka pamusoro exchanges akawanda. Izvi inowedzera mari.

Balance neramangwana Nhoroondo wokuisira kuchinja ose zuva zvichienderana mutengo simba. Rutapudzo nazvo pazasi munhu preset pamwero kunoguma ndechokuti investor anofanira kuripa mari yasara achapiwa zvimwe nzvimbo yacho nechisimba yakaguma kurasikirwa.

indekisi Fund nzira kunofanira kugovera okureva kuti zvibvumirano. chibvumirano mutsva mari yakawanda pamusoro pakanyorwa kuwedzera mitengo.

Ngozi bhizimisi

Apo "kodzero" paumbwe homwe vanofanira kutenga chete zviridzwa avo kuti vanobatanidzwa indekisi, uye ari reshiyo iyo tinoberekwa indekisi. dambudziko rokutanga. Maneja anofanira kuwana migove makambani umo anotevera 2 years haisi kutarisirwa kuwedzera, nekuti ivo varipo vari indekisi. dambudziko rechipiri. Kana vamwe kambani anotanga kukura uye inoratidza zvakanaka kuitika pamisika, maneja haagoni kuwana migove wekambani kupfuura zvavo uremu ari indekisi. Uyezve, kana Central Bank vachamuka mutengo, uye boka racho mugove indekisi akapfuudza kunonyanyisa kukosha, kudzorwa aizofanira kutengesa Central Bank.

chisungo indekisi Fund kudzora. zvimwe zvose masangano zvemari kushandisa maitiro pangozi Kutarisira, vakaomerwa kuvapo pamisika uye kurasikirwa. In nyaya indekisi Fund, munoona sei mari shoma dzinotevera kuderera mune indekisi.

How kusarudza nheyo

Chinhu chokutanga ane investor vanofanira kuona kuti iyo zvakananga indekisi bhizimisi. Pasina nomazvo hwokugadzira uye chinokosha kuongorora kuti kukurira nyaya iyi achava zvakaoma. Index mari kushanda mumatanda, nezvisungo, hazvo musika, uye kunyange zvivako. PowerShares db US Fund inocherechedza Kuchinja dhora pamusoro euro, Yen, pondo, Franc Swiss uye korona. Pachishandiswa mashoko kunotangira USDX indekisi. United States COMMODITY Index inocherechedza chinokosha neramangwana uye iShares Global Real Estate indekisi makopi ari Cohen & Steers Global Realty. The ruzivo investor nani kudzidza yakakurumbira indices S & P 500 kana MICEX. Maererano naye zviri nyore kuunganidza mashoko uye nyore kuenzanisa nhamba.

Pakusarudza mari anofanira kuteerera zvinodiwa maviri: ukuru Commission uye akakodzera indekisi. The yakakura mari, kashoma ayo nokukurumidza kusauka. General information about mari Russian uye dzekuno mari anowanikwa pakaunda "National League kuti Management Companies". Kunyange zvazvo mutemo, mari vose vanofanira kushuma nezvemhiko basa rayo, pashure kusarudza rimwe sangano vanofanira kuongorora mishumo zvemari pamusoro Website of Fund.

Zvinokoshawo kuti kuteerera shoma dhipoziti. Iva nhengo "VTB - MICEX Index" rinogona kuva 5000 rubles, uye "BCS - MICEX" -. 50000 p. akamurairawo mari Russian yepamusoro makomisheni kupfuura US. Huwandu remuneration Fund zvinosanganisira basa, panodonedzerwa, wevanoongorora akaunzi, mabharani, appraiser, uye avo mari kuti vari recoverable. Dzavo kunonyanyisa kwemavara rinonyoreswa zviri kondirakiti. Somuenzaniso, zviri 3,7% mu "VTB". Chete pashure uwane kuongorora mashoko ose anofanira kusarudza sei mari.