| At present,investment channels of ordinary people in China are relatively scarce: Thereare greater risks of investing in stocks, funds, and it’s difficult to realize the value of the assetsto deposit in the bank. The Automatic investment plan(AIP) is an investment fit for ordinaryworking-class. In domestic,Many banks and fund companies began to promote the Automaticinvestment plan(AIP) of found from2005,at present has reached the scale of6000billionyuan.This paper compare with the AIP of found and the AIP of stock,trying to get a conclusion:which method is better,the AIP of stock whether or not can replace the AIP of found.This thesis deduced the calculation formula of the rate of return Include bank deposits,theAIP of found and the AIP of stock.Using the existing data,calculated the investment returns,thestandard deviation and the Sharpe ratio of these three investments in2003-2013ten years.Andin these three indicators as the main basis of making a comparison of stock and will be voted theAIP of found,finally draws the conclusion: the stock is scheduled to vote than the fund isscheduled to vote.In the present our country fund is scheduled to vote6000billions of theinvestment scale,while the stock is scheduled to vote the scale of investment is almost zero inthe background,there is a practical significance and economic effect of the strong.This paper compared the income and the risk between the AIP of found and the AIP of stockwhen the stock market in the rising period,declining period and the balance period,discussed thereasons of the difference;calculated the income in the same market cycle of the AIP of stockaccording to the industry leader,according to the growing company and according to consumercompanies. Analyzed the corresponding size unit risk income,and finally draws theconclusion:the best AIP of stock is invested the leading company of consumption class whichhave the obvious advantage of brand in a long period of time. |
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