What is digital currency index fund
Publish: 2021-05-07 10:17:48
1. What's the use of physical survival crash? It's useless to throw it away
2.
Generally speaking, there are many securities in the securities market, and the prices of different securities are changing at any time. The index is a reference index that can timely reflect the rise and fall of the market as a whole. For example, the CSI 300 index, which we often refer to, reflects the comprehensive changes in the stock prices of 300 representative stocks with strong liquidity and large scale in the Shenzhen and Shanghai stock exchanges. Each index will select a certain number of securities as its component securities, and give each security a certain weight according to a certain weighting method. For example, for the market value weighted index, the greater the market value, the higher the weight of the component securities, and the greater the impact of the rise and fall of the securities on the index
index fund is a kind of fund proct that takes a specific index (such as CSI 300 index, S & P 500 index, etc.) as the underlying index, and takes the component securities of the index as the investment object, constructs the investment portfolio by purchasing all or part of the component securities of the index, so as to track the performance of the underlying index. Index funds generally aim at closely tracking the underlying index and minimizing the tracking error, so as to make the change trend of the portfolio close to the underlying index and obtain the same return rate as the underlying index. Index fund has the characteristics of low cost, scattered investment risk, high transparency and less subjective influence by investment managers. In recent years, the index fund has been growing, and the proct type can cover domestic and foreign markets and a number of major types of assets, which has become an important choice of asset allocation tools
3. Index fund, as the name suggests, is a fund proct that takes specific indexes (such as CSI 300 index, S & P 500 index, Nasdaq 100 index, Nikkei 225 index, etc.) as the underlying index, and takes the constituent stocks of the index as the investment object, and constructs the investment portfolio by purchasing all or part of the constituent stocks of the index, so as to track the performance of the underlying index
generally speaking, the purpose of index fund is to rece tracking error and make the change trend of portfolio consistent with the underlying index, so as to achieve roughly the same rate of return as the underlying index
there are more and more index funds in the market, so it is more and more difficult to choose index funds. Investors need to pay more attention to two points when choosing index funds: on the one hand, it is no less difficult to choose index funds with good growth tracking than to choose stocks; On the other hand, it is to choose the index fund with smaller tracking error. The smaller the tracking error is, the stronger the management ability of the fund manager is, and the investors are more able to achieve the goal of obtaining the index return
according to the data of Galaxy Securities Fund Research Center, as of the end of April 2012, there were 133 standard index funds and 24 enhanced index funds in the domestic fund market, which is unprecedented. Facing many index funds, how should investors choose
1. Focus on the strength of fund companies --- fund first
when choosing any fund, the strength of fund companies should be the primary factor for investors to pay attention to, and index funds are no exception. Although the index fund is a passive investment and its operation is relatively simple, tracking the underlying index is also a complex process, requiring precise calculation and rigorous operation process. Strong fund companies are often able to track the underlying index more closely
2. Focus on fund cost - cost wins
compared with active management fund, one of the advantages of index fund is its low cost, but the cost of different index funds & quot; Cheap & quot; It is necessary to rece the investment cost as much as possible. Of course, it should be noted that a lower cost is important, but the premise is the good return of the fund. We should not blindly choose index funds in pursuit of a lower cost
3. Focus on the underlying index - the most important
the core of index funds is the index they track, so it is particularly important to know the corresponding market when selecting index funds. In addition, investors can also invest in different index funds to achieve the purpose of asset allocation
at present, there are many kinds of indexes in the domestic market, which can be described as & quot; Let a hundred flowers blossom and a hundred schools of thought contend;, For example, Shanghai 180 Index and Shenzhen 100 index reflect the situation of Shanghai and Shenzhen stock markets respectively; The CSI 100 and SME board index reflect the situation of blue chip enterprises and SMEs in Shanghai and Shenzhen stock markets respectively; Even with the launch of cross-border ETF, the Shanghai and Shenzhen 300 Index Fund and the fund investing in overseas market index are selected at the same time.
generally speaking, the purpose of index fund is to rece tracking error and make the change trend of portfolio consistent with the underlying index, so as to achieve roughly the same rate of return as the underlying index
there are more and more index funds in the market, so it is more and more difficult to choose index funds. Investors need to pay more attention to two points when choosing index funds: on the one hand, it is no less difficult to choose index funds with good growth tracking than to choose stocks; On the other hand, it is to choose the index fund with smaller tracking error. The smaller the tracking error is, the stronger the management ability of the fund manager is, and the investors are more able to achieve the goal of obtaining the index return
according to the data of Galaxy Securities Fund Research Center, as of the end of April 2012, there were 133 standard index funds and 24 enhanced index funds in the domestic fund market, which is unprecedented. Facing many index funds, how should investors choose
1. Focus on the strength of fund companies --- fund first
when choosing any fund, the strength of fund companies should be the primary factor for investors to pay attention to, and index funds are no exception. Although the index fund is a passive investment and its operation is relatively simple, tracking the underlying index is also a complex process, requiring precise calculation and rigorous operation process. Strong fund companies are often able to track the underlying index more closely
2. Focus on fund cost - cost wins
compared with active management fund, one of the advantages of index fund is its low cost, but the cost of different index funds & quot; Cheap & quot; It is necessary to rece the investment cost as much as possible. Of course, it should be noted that a lower cost is important, but the premise is the good return of the fund. We should not blindly choose index funds in pursuit of a lower cost
3. Focus on the underlying index - the most important
the core of index funds is the index they track, so it is particularly important to know the corresponding market when selecting index funds. In addition, investors can also invest in different index funds to achieve the purpose of asset allocation
at present, there are many kinds of indexes in the domestic market, which can be described as & quot; Let a hundred flowers blossom and a hundred schools of thought contend;, For example, Shanghai 180 Index and Shenzhen 100 index reflect the situation of Shanghai and Shenzhen stock markets respectively; The CSI 100 and SME board index reflect the situation of blue chip enterprises and SMEs in Shanghai and Shenzhen stock markets respectively; Even with the launch of cross-border ETF, the Shanghai and Shenzhen 300 Index Fund and the fund investing in overseas market index are selected at the same time.
4.
5. Index fund is a kind of fund proct that takes a specific index as the underlying index, takes the constituent stocks of the index as the investment object, and constructs a portfolio by purchasing all or part of the constituent stocks of the index to track the performance of the underlying index< Br > < br > the fund can be divided into full replication index fund and enhanced index fund according to replication mode, and closed-end index fund, open-end index fund, Index ETF and index lof according to trading mechanism< Br > < br > in the face of many index funds, investors should pay attention to: < br > < br > 1. Focus on the strength of fund companies --- fund first < br > < br > when choosing any fund, the strength of fund companies should be the primary factor for investors to pay attention to, and index funds are no exception. Although the index fund is a passive investment and its operation is relatively simple, tracking the underlying index is also a complex process, requiring precise calculation and rigorous operation process. Strong fund companies are often able to track the underlying index more closely< < br > < br > 2. Focus on fund cost - cost wins < br > < br > compared with active management funds, one of the advantages of index funds is low cost, but the degree of "low cost" of different index funds is different, so it is very necessary to rece the investment cost as much as possible. Of course, it should be noted that a lower cost is important, but the premise is the good return of the fund. We should not blindly choose index funds in pursuit of a lower cost< Br > < br > to buy a fund, you can go to golden axe. Whether it's the security measures of golden axe, or its investment and financial management mode, the financial services provided by golden axe for investment users are worthy of recognition< < br > < br > so far, the number of middle-class and high net worth registered users of golden axe platform has exceeded 800000, and the total number of public funds, sunshine private equity, private equity and other funds allocated for customers has exceeded 35 billion, and more than 100000 families have received professional, independent, real-time and efficient one-stop asset allocation suggestions and fund trading services< br>
6. Index fund is index fund, you go to buy index sample, that is not base fund, that is called buy stock! The advantage of index fund is that it has low commission and can avoid the black swan event of listed companies
for example, the delisting of the sample stocks in the index fund does not have a great impact on the users who buy the fund. Here, we will take the investor protection money paid by the company at the beginning to plug the hole. If you buy the sample company, you will be damned delisting, that is, delisting. You can't even get chicken feather compensation.
for example, the delisting of the sample stocks in the index fund does not have a great impact on the users who buy the fund. Here, we will take the investor protection money paid by the company at the beginning to plug the hole. If you buy the sample company, you will be damned delisting, that is, delisting. You can't even get chicken feather compensation.
7. To understand index fund, we must first understand what is index. Generally speaking, the stock market index is a kind of reference indicator compiled by the stock exchange or financial service institutions to show the changes of stock prices. In every hour and minute of the stock market trading day, about 2000 stocks always go up and down. It is easy for investors to understand the price changes of a specific stock, but it is not easy to understand the price changes of various stocks one by one. For this reason, some financial service institutions make use of their own business knowledge and the advantages of being familiar with the market to compile stock price indexes, which are published to the public as indicators of market price changes, reflecting the overall situation of stock price rise and fall, and indicating the average price index of stock market changes. Based on this, investors can test the effect of their investment and predict the trend of the stock market
the stock index is usually compiled on the basis of a daily report in a certain month of a certain year. The comprehensive average price of the stock in this base period is taken as 100, and the percentage of fluctuation is calculated by comparing the stock price in each subsequent period with that in the base period, which is the stock index of that period, and it is published immediately when the stock price changes. Because there are many kinds of listed stocks, it is very troublesome and complex to calculate the average price of all the listed stocks. Therefore, several representative sample stocks (component stocks) are often selected from the listed stocks to calculate their index, which is used to express the general trend and fluctuation range of the stock price of the whole market
the internationally famous indexes are: the United States Road & nbsp; 8226; Jones index, standard & 8226; Poole index, Financial Times Index, Nikkei index, Hang Seng Index, etc
index fund, as the name suggests, is a fund that invests in index component stocks, that is, to build an index fund portfolio by purchasing some or all of the stocks contained in an index. The purpose is to make the change trend of the portfolio consistent with the index, so as to achieve roughly the same return rate as the index. We adopt the investment strategy of fitting the return rate of the target index, diversify the investment in the constituent stocks of the target index, and strive to make the return rate of the stock portfolio fit the average return rate of the capital market represented by the target index. In operation, it is more effective than other open-end funds in avoiding non systematic risks, low transaction costs, less investment in monitoring and easy operation. For example, the goal of the Shanghai Composite Index Fund is to obtain the same return as the Shanghai Stock Exchange composite index. It purchases the stocks in the index according to the composition and weight of the Shanghai Composite Index. Accordingly, the performance of the Shanghai Composite Index Fund will fluctuate like the Shanghai Composite Index
index funds can be divided into two types. One is pure index funds, that is, fully replicating index funds: they should be allocated according to the composition and weight of the benchmark index to minimize the tracking error. Almost all of its assets are invested in the constituent stocks of the index it tracks, and it is almost always full. Even if the market can clearly see that it will continue to fall in the next half year, it will remain full
another kind of index fund is enhanced index fund. This kind of fund is on the basis of pure index investment, according to the specific situation of the stock market, make appropriate adjustments. In order to minimize the tracking error, the full replication index fund should be allocated according to the composition and weight of the benchmark index. On the basis of allocating most of the assets according to the weight of the benchmark index, the enhanced index fund also makes active investment with some assets. Its goal is to closely track the benchmark index and obtain higher returns than the benchmark index
the advantages of index funds can be summarized as follows:
(1) high performance transparency. When investors see that the target benchmark index of index funds (such as Shanghai 180 Index)
2.22
has gone up, they will know how much the net value of index funds they invest in will rise today; If today's benchmark index falls, you don't have to check the net value to know how much your investment has lost. Therefore, as long as we can see the trend of the stock market in the later period and can not see the stock investors can invest in index funds, there is no need to have & quot; Earning index but not making money & quot; I'm sorry
(2) the liquidity of the asset portfolio is better than that of the general centralized holding fund
(3) only or mainly only the component stocks of the target index can be selected, which requires the fund manager's stock selection ability to be low, and the investment is not burdened by the fund manager with poor performance. There is no need to pay attention to the changes of the fund company, such as whether the investment team has changed, whether the fund manager is still in office and so on. Theoretically speaking, the operation method of index fund is simple, as long as you buy the corresponding proportion of index component stocks, you can hold them for a long time
(4) low cost is the most prominent advantage of index funds
(5) e to the wide diversification of index funds, the volatility of any single stock will not affect the overall performance of index funds, thus diversifying the risk. Since the index funds are generally pegged to have a long history to track, the risk of index funds is predictable to a certain extent
to understand the difference between the risk and expected return of an index fund and other index funds, we should first know what index it tracks. The following is a brief introction to the main target indexes tracked by index funds in China<
Shanghai Composite Index: it is a stock price index based on the sample of all the stocks listed on the Shanghai Stock Exchange (including A-shares and B-shares), weighted by the amount of issue (including circulating and non circulating share capital), calculated by the weighted average method, with December 19, 1990 as the base date and the base date index as 100 points. Component stock index of Shenzhen Stock Exchange: take the stocks of 40 market representative listed companies from all the stocks listed on Shenzhen Stock Exchange as the sample, take the circulating share capital as the weight, calculate with the weighted average method, take July 20, 1994 as the base day, and the base day index is set as 1000 points
Shenzhen Stock Index: component stock index of Shenzhen Stock Exchange, referred to as Shenzhen stock index, is the main stock index of Shenzhen Stock Exchange. It is based on a certain standard to select 40 representative listed companies as component stocks, with the number of component stocks as the weight, using the comprehensive method to compile the stock price index
CSI 300 index: it is a component stock index compiled by selecting 300 A shares from Shanghai and Shenzhen stock markets as samples. The CSI 300 index sample covers about 60% of the market value of the Shanghai and Shenzhen markets, and has good market representativeness. The CSI 300 index is the first index jointly released by the Shanghai and Shenzhen stock exchanges to reflect the overall trend of the A-share market. Its launch enriches the existing index system of the market and adds an index for observing the market trend, which is concive to investors' comprehensive grasp of the market operation, and further provides the basic conditions for the innovation and development of index investment procts
Shanghai Stock Exchange 50 Index: it is a representative index that selects the most representative 50 stocks with large scale and good liquidity among 180 A-share constituent stocks in Shanghai to form a sample stock according to scientific and objective methods, so as to comprehensively reflect the fluctuation of index stocks with large market weight in Shanghai market
Shenzhen 100 index: one is shen100r (399004), the other is shen100p (399330). Shenzhen 100p is called Shenzhen 100 price index, while Shenzhen 100r is called Shenzhen 100 income index. The deep 100 index we often talk about now refers to the deep 100r
other indexes will not be introced one by one. Those who need to know can search online.
the stock index is usually compiled on the basis of a daily report in a certain month of a certain year. The comprehensive average price of the stock in this base period is taken as 100, and the percentage of fluctuation is calculated by comparing the stock price in each subsequent period with that in the base period, which is the stock index of that period, and it is published immediately when the stock price changes. Because there are many kinds of listed stocks, it is very troublesome and complex to calculate the average price of all the listed stocks. Therefore, several representative sample stocks (component stocks) are often selected from the listed stocks to calculate their index, which is used to express the general trend and fluctuation range of the stock price of the whole market
the internationally famous indexes are: the United States Road & nbsp; 8226; Jones index, standard & 8226; Poole index, Financial Times Index, Nikkei index, Hang Seng Index, etc
index fund, as the name suggests, is a fund that invests in index component stocks, that is, to build an index fund portfolio by purchasing some or all of the stocks contained in an index. The purpose is to make the change trend of the portfolio consistent with the index, so as to achieve roughly the same return rate as the index. We adopt the investment strategy of fitting the return rate of the target index, diversify the investment in the constituent stocks of the target index, and strive to make the return rate of the stock portfolio fit the average return rate of the capital market represented by the target index. In operation, it is more effective than other open-end funds in avoiding non systematic risks, low transaction costs, less investment in monitoring and easy operation. For example, the goal of the Shanghai Composite Index Fund is to obtain the same return as the Shanghai Stock Exchange composite index. It purchases the stocks in the index according to the composition and weight of the Shanghai Composite Index. Accordingly, the performance of the Shanghai Composite Index Fund will fluctuate like the Shanghai Composite Index
index funds can be divided into two types. One is pure index funds, that is, fully replicating index funds: they should be allocated according to the composition and weight of the benchmark index to minimize the tracking error. Almost all of its assets are invested in the constituent stocks of the index it tracks, and it is almost always full. Even if the market can clearly see that it will continue to fall in the next half year, it will remain full
another kind of index fund is enhanced index fund. This kind of fund is on the basis of pure index investment, according to the specific situation of the stock market, make appropriate adjustments. In order to minimize the tracking error, the full replication index fund should be allocated according to the composition and weight of the benchmark index. On the basis of allocating most of the assets according to the weight of the benchmark index, the enhanced index fund also makes active investment with some assets. Its goal is to closely track the benchmark index and obtain higher returns than the benchmark index
the advantages of index funds can be summarized as follows:
(1) high performance transparency. When investors see that the target benchmark index of index funds (such as Shanghai 180 Index)
2.22
has gone up, they will know how much the net value of index funds they invest in will rise today; If today's benchmark index falls, you don't have to check the net value to know how much your investment has lost. Therefore, as long as we can see the trend of the stock market in the later period and can not see the stock investors can invest in index funds, there is no need to have & quot; Earning index but not making money & quot; I'm sorry
(2) the liquidity of the asset portfolio is better than that of the general centralized holding fund
(3) only or mainly only the component stocks of the target index can be selected, which requires the fund manager's stock selection ability to be low, and the investment is not burdened by the fund manager with poor performance. There is no need to pay attention to the changes of the fund company, such as whether the investment team has changed, whether the fund manager is still in office and so on. Theoretically speaking, the operation method of index fund is simple, as long as you buy the corresponding proportion of index component stocks, you can hold them for a long time
(4) low cost is the most prominent advantage of index funds
(5) e to the wide diversification of index funds, the volatility of any single stock will not affect the overall performance of index funds, thus diversifying the risk. Since the index funds are generally pegged to have a long history to track, the risk of index funds is predictable to a certain extent
to understand the difference between the risk and expected return of an index fund and other index funds, we should first know what index it tracks. The following is a brief introction to the main target indexes tracked by index funds in China<
Shanghai Composite Index: it is a stock price index based on the sample of all the stocks listed on the Shanghai Stock Exchange (including A-shares and B-shares), weighted by the amount of issue (including circulating and non circulating share capital), calculated by the weighted average method, with December 19, 1990 as the base date and the base date index as 100 points. Component stock index of Shenzhen Stock Exchange: take the stocks of 40 market representative listed companies from all the stocks listed on Shenzhen Stock Exchange as the sample, take the circulating share capital as the weight, calculate with the weighted average method, take July 20, 1994 as the base day, and the base day index is set as 1000 points
Shenzhen Stock Index: component stock index of Shenzhen Stock Exchange, referred to as Shenzhen stock index, is the main stock index of Shenzhen Stock Exchange. It is based on a certain standard to select 40 representative listed companies as component stocks, with the number of component stocks as the weight, using the comprehensive method to compile the stock price index
CSI 300 index: it is a component stock index compiled by selecting 300 A shares from Shanghai and Shenzhen stock markets as samples. The CSI 300 index sample covers about 60% of the market value of the Shanghai and Shenzhen markets, and has good market representativeness. The CSI 300 index is the first index jointly released by the Shanghai and Shenzhen stock exchanges to reflect the overall trend of the A-share market. Its launch enriches the existing index system of the market and adds an index for observing the market trend, which is concive to investors' comprehensive grasp of the market operation, and further provides the basic conditions for the innovation and development of index investment procts
Shanghai Stock Exchange 50 Index: it is a representative index that selects the most representative 50 stocks with large scale and good liquidity among 180 A-share constituent stocks in Shanghai to form a sample stock according to scientific and objective methods, so as to comprehensively reflect the fluctuation of index stocks with large market weight in Shanghai market
Shenzhen 100 index: one is shen100r (399004), the other is shen100p (399330). Shenzhen 100p is called Shenzhen 100 price index, while Shenzhen 100r is called Shenzhen 100 income index. The deep 100 index we often talk about now refers to the deep 100r
other indexes will not be introced one by one. Those who need to know can search online.
8. Index fund, as the name suggests, is a fund proct that takes specific indexes (such as CSI 300 index, S & P 500 index, Nasdaq 100 index, Nikkei 225 index, etc.) as the underlying index, and takes the constituent stocks of the index as the investment object, and constructs the investment portfolio by purchasing all or part of the constituent stocks of the index, so as to track the performance of the underlying index. Generally speaking, the purpose of index fund is to rece the tracking error and make the change trend of portfolio consistent with the underlying index, so as to achieve the same return rate as the underlying index.
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