ETF fund code of digital currency
The main concept stocks of digital currency include Hailian Jinhui, Julong, Huijin, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and high beam software
from the perspective of financial institutions' layout of digital currency concept stocks, according to the No.1 Institute of finance, among the relevant stocks that have disclosed the annual report of 2019, as of the end of the fourth quarter of last year, five stocks were heavily held by institutions such as insurance capital, securities companies and funds, with a total market value of 24.3 billion yuan
in terms of research on financial institutions, No.1 Institute of Finance found that six digital currency concept stocks, namely, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and Gaoguang software, have been intensively researched by institutions this year, with a total of 163 times of research
an equity investor of an insurance company told the No.1 Institute of finance that at present, the insurance capital still pays attention to the large cap stocks with "low wave dividend" (stocks with high dividend and low performance fluctuation), and still holds a wait-and-see attitude towards popular concept stocks such as digital currency, but does not rule out the subsequent purchase
extended data
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing
because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currencythis paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security
There are several kinds, including 50ETF (510050), 180etf (510180), etc. Please see the figure below
the transaction cost is related to the transaction rate set by the local securities company. Here is 2.5%
159902 SME board
510880 dividend ETF
510180etf
159901 shen100etf
510881 AIA SSE dividend ETF
510180 Huaan 180etf
510050 Huaxia SSE 50ETF
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
What are the index funds
1. It can be divided into two types according to the replication mode:
1) fully replicated Index Fund: it is committed to allocate according to the composition and weight of the benchmark index, with the goal of minimizing the tracking error
2) enhanced index fund: most of the assets are allocated according to the weight of the benchmark index, and some of the assets are actively invested. The goal of this index fund is to closely track the benchmark index and obtain higher returns than the benchmark index
2. It can be divided into four types according to the trading mechanism:
1) closed end index fund: it can be traded in the secondary market, but cannot be purchased or redeemed
2) open end index funds: they can be purchased and redeemed from fund companies, but cannot be traded in the secondary market
3) Index ETF: it can be traded in the secondary market, and can also be purchased and redeemed, but if it is purchased and redeemed, it must be in the form of portfolio securities
4) index lof: it can be traded in the secondary market, and can also be purchased and redeemed
there are many domestic index funds that investors can buy, such as SSE 50ETF, southern CSI 300 index fund, GF CSI 300 index fund, harvest CSI 300, Hua'an 180, Penghua CSI 300 index fund, etc
what problems should be paid attention to when selecting index funds
first, index selection
for long-term investment, all index funds are selected, excluding other types such as goods based and debt based. Because other types of funds have relatively small fluctuations and are not suitable for fixed investment, index funds must be selected for long-term fixed investment< The index can be divided into comprehensive index and instry index, that is to say, wide base and narrow base. The former, such as CSI 300 and CSI 500, have wide coverage, high degree of risk dispersion and good returns in recent years; The latter, such as China Securities consumption, China Securities medicine, 300 energy and so on, represents the performance of a certain instry. Considering that some instries, such as securities companies, have strong periodicity, may be in recession for several years, have high risks, and the comprehensive index covers a wide range of areas, it is suggested that the broad-based index should be given priority to, and some instry indexes, such as the compulsory consumption index and the pharmaceutical index, can be appropriately configured, with relatively small elasticity. For example, 70% (CSI 300 + CSI 500) + 30% (CSI consumption + 300 energy) constitute an index portfolio with wide base as the core and narrow base as the satellite
2. When choosing an undervalued index
to invest in indivial stocks, even if an excellent company is selected, if it pays too high a price and overdraw the profits of the enterprise in the next few years, it will also lead to investment failure. Investment index is also the same, pay too much premium will lead to long-term floating loss, although fixed investment can dilute the cost, the probability of loss is much smaller than indivial stocks. To measure whether the index is undervalued, we can choose the method of relative valuation. Referring to the historical PE of the index, we can choose to place a fixed investment in the area below the historical PE median. For blue chips such as Shanghai Stock Exchange 50 and Shanghai Shenzhen 300, we must also ensure that the profitability is higher than 10%, that is, we can place a fixed investment only when it is lower than 10 times PE. Not only that, we can also compare the undervalued index horizontally and choose the index with high discount. For example, the H-share index and the components of CSI 300 are highly coincident, and the effect of fixed investment is similar, so you can choose the one that is more undervalued to invest. Set a standard in advance and strictly implement it. Once PE exceeds the predetermined standard, it will stop fixed investment and switch to other undervalued indexes for fixed investment< Shenzhen 100 index (e-fonda Shenzhen Stock Exchange 100ETF)
the index includes 100 constituent stocks with the largest market value and the most active transactions in Shenzhen stock market, which represent the core high-quality assets of Shenzhen A-share market and have strong growth< Shanghai and Shenzhen 300 index
the constituent stocks of the index span the securities markets of Shenzhen and Shanghai, with 300 large-scale and liquid stocks as the constituent stocks. Its market value accounts for 80% of the total market value of a shares, and its net profit accounts for more than 90%, which is highly representative of the market, It can comprehensively reflect the general situation and operation status of stock price changes in China's securities market
3. CSI 100 index (Changsheng CSI 100 index)
the index is also a cross market index, and the constituent stocks are 100 blue chip stocks selected on the basis of CSI 300 index<
4. Shanghai 50 Index (Huaxia Shanghai 50 ETF)
this index contains 50 stocks with the largest market value in circulation of Shanghai Stock Exchange, and is the concentrated representative of large blue chips, in which the financial and insurance instry accounts for more than 50%
5. Small and medium board index (Huaxia small and medium board ETF)
this index represents small and medium-sized stocks with high growth characteristics, but also high risk. Due to the small market value, it often becomes the target of short-term capital speculation.
Gem ETF fund is an open-end stock index fund, there are many fund procts, common fund name and code are:
1, e-fonda gem ETF: fund code is 159915
2. CCB gem ETF: fund code 159956
3. China Gem ETF: fund code 159975
4. Huaan gem 50ETF: fund code 159949
from the historical performance of the index, in the past few years, the performance of the gem index is relatively excellent compared with other broad-based indexes. From January 2, 2012 to April 22, 2020, the gem index rose by 180%, but the overall volatility is also large
extended information:
precautions:
premium Arbitrage (forward arbitrage): when the market price of ETF is greater than the reference net value of fund share iopv, buy a basket of stocks, apply for ETF share, and then sell ETF
discount Arbitrage (reverse arbitrage): when the market price of ETF is less than the reference net value of fund shares iopv, buy ETF, redeem ETF, get a basket of stocks, and then sell a basket of stocks
if you are not optimistic about the market and don't want to hold it for a long time, you can buy the venture ETF (159952) at 2:45, which is 15 minutes before the close of the daily venture ETF. Sell your ETF shares the next day. The advantage of this is that the holding time of ETF is short, no more than 15 minutes, and it can be sold the next day, so there is no need to worry about the change of market holding for too long
the following is a list and a simple explanation:
open end funds listed and traded on Shenzhen Stock Exchange, which is short for lof. The trading mode of secondary market is the same as that of closed-end fund
at present, there are 24 lofs listed and traded, with 6-digit codes beginning with 16, followed by abbreviations of fund companies and specific procts< The following are all 24 codes and abbreviations
160105 southern Jipei
160106 southern Gaozeng
160311 Huaxia blue chip
160505 Boshi theme
160607 Penghua value
160610 Penghua power
160611 Penghua governance
160706 Jiashi 300
160805 Changsheng Tong
161005 Fuguo Tianhui
161607 RONGTONG tide
161610 RONGTONG collar First
161706 investment growth
1619030000 public
162006 Great Wall Jiufu
162207 ABN AMRO efficiency
162605 Jingshun Dingyi
162607 Jingshun monopoly
162703 Guangfa small cap
163302 jutian resources
163402 Xingye trend
163503 Tian core
163801 BOC China
166001 central Europe trend
ETF is 5, They are respectively:
510050 50ETF
510880 bonus ETF
510180 180etf
159901 shen100 ETF
159902 small and medium-sized board ETF
Where are the two emerging upstairs? The growth of Bank of China (163803) and the income of Bank of China (163804) are not. You don't know what else to answer. Find your standard accommodation is all lof, nothing also have a limit.