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Empirical Study On The Low Risk Investment Of Structured Fund

Posted on:2018-06-04Degree:MasterType:Thesis
Country:ChinaCandidate:S NiFull Text:PDF
GTID:2349330512467252Subject:Business management
Abstract/Summary:PDF Full Text Request
Overseas structured fund originated in the 80s of the last century, since the 1990s has been rapid development. The first domestic structured fund was established on July 17,2007, SDIC the UBS structured fund Rui fu was established, the domestic securities market to fill the gaps in this field. The structured fund's design idea, mainly in order to meet the needs of different preferences of investors. On the basis of parent fund share, Divided into low risk characteristics of class a fund shares and high risk characteristics of class B fund shares, coupled with the parent fund share, a fund to provide investors with three types of risk return characteristics of the fund.Structured fund Class A share, with similar to the characteristics of bonds, discount class A shares almost no loss of risk. So the classified a share of the fund's has become one of the low risk investor favorite varieties. This paper will make a introduction to the structured fund, Through the empirical research on several kinds of low risk investment strategies of class A shares, the results show that by low risk investment grade class A share, can achieve more than the market generally expected low risk rate of return, can provide some reference and suggestions for low risk appetite of investors.
Keywords/Search Tags:structured fund, discount premium, conversion, leverage factor, rate of return
PDF Full Text Request
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