Imwe mari yakachengetedzwa, zvisingaenzaniswi, inongotevera rondedzero yemusika.
Haina kambani yevatungamiri vanoita zvisarudzo zvekutsvaga. Iwe unowanzonzwa izwi rokuti "gwaro rakarongeka rakarongeka" maererano nesangano rekugadzirisa mari, kunyange zvazvo kunewo maTFs akachengetedzwa zvakasimba (mari inoshandiswa-kutengeserana ).
Nzira neZvirongwa zveMumwe neumwe
Nharaunda yemari yemari inoda kuitirana nharo pamusoro pekuti inoshandiswa zvakasimba kana mari yakachengetedzwa yakawanda inopfuura. Vatsigiri vemari inotarisirwa zvine simba vanotaura kune zvirevo zvinotevera:
- Mari yakashanda inoita kuti zvikwanisike kurova mararamiro emusika.
- Mari dzakawanda, saFidelity's Magellan Fund pasi pekutungamirirwa kwaPeter Lynch, yakatumira kudzoka kukuru. Magellan Fund yakaenzanisa 29 kubva muzana kubva muna 1977 kusvikira muna 1990.
Kune rumwe rutivi, mari yakachengetedzwa yakawanda ine zvishoma zvishoma:
- Kutaura zvakananga, mari yakawanda yakachengetedzwa inoshandiswa ku "underperform," kana kuti yakaipisisa kupfuura, iyo marusi index.
- Magellan Fund (muenzaniso wakataurwa pamusoro apa) unozivikanwa nokuti ndiyo yakasarura, kwete tsika, uye vanhu vashomanana vangave vakafungidzira kuti zvingaita zvakanaka kana zvatanga. Isu tinoziva kuti zvakaitwa sei nekubatsirwa kwekutarisa.
- Nguva dzose kana mari inoshingaira inotengesa kubata, mari yacho inobhadhara mitero uye mari, iyo inoderedza kushanda kwemari
- Iwe uchabhadhara mari yemapapiro pasinei nokuti mari yako inobata zvakanaka here kana kuti inoita zvakaipa. Kana iyo nhamba inopa 7 muzana inodzoka, uye mari yako inoshanda inokupa 8 kubva muzana kudzoka asi inopa chikamu chepakati pezana, ipapo iwe warasikirwa nehafu yezana.
Muenzaniso wePassively Managed Funds
Bob anoisa mari yake muhomwe inotora S & P 500 Index . Mari yaBob ndiyo mari yekutarisa inochengetedzwa. Anobhadhara mari ye06% yekutarisira.
Bhodhi yaBob inotsigirwa kutevedzera kushanda kweS & P 500. Apo Bob anotarisa nyaya, uye anchor inotaura kuti S & P yakasimuka 4 muzana nhasi, Bob anoziva kuti mari yake yakaita chinhu chimwe chete. Saizvozvowo, kana akanzwa S & P ikadonha 5 muzana, anoziva mari yake yakaita zvakafanana. Bob anoziva zvakare kuti mari yake yekutarisira iduku, uye haazogadziri mazai ekudzoka kwake.
(Bob anoziva kuti pachave nekusiyana kwakanyanya pakati pechikwama chake uye S & P 500 nokuti zvinotevera-zvisingaiti kutarisa chimwe chinhu zvakakwana.Asi Bob anogona kuva nechokwadi kuti kusiyana kwakanyanya hakuzove kwakakosha.Zvino Bob ane hanya, basa rake rinotevedzera S & P.)
Muenzaniso weMabasa Akarongeka Akachengetedzwa
Sheila anoisa mari yake mumutambo wekugadzirisa pamwe chete. Anokwereta 0.95 muzana mari yekutonga.
Sheila anonyatsochengetedza mari inotenga uye inotengesa marudzi ose ematokari - mabhangi emabhangi, masheji edzimba, mashizha emagetsi, motokari yekugadzira mashizha. Vadzidzisi vake vemari vanoongorora maindasitiri nemakambani uye vanotenga-uye-vachitengesa zvichienderana nekufanotaura kwavo kwekambani 'kushanda.
Sheila anoziva kuti ari kubhadhara anenge 1 muzana kune avo mameneja emari, izvo zvakanyanya kudarika Bob ari kubhadhara. Anonyatsozivawo kuti mari yake haingateereri S & P 500. Apo anchorhau inozivisa kuti S & P 500 yakasimuka 2 muzana nhasi, Sheila haagoni kutora chero mhedziso pamusoro pemari yaakaita. Mari yake ingave yakasimuka kana yakawa.
Sheila anoda chikwereti ichi nokuti anobata pane kurota kwekurova index. Bob anonamatira kune index; mari yake inoshanda yakasungirirwa. Sheila, zvisinei, ane mukana we "outperforming," kana kuti kuita zviri nani pane, index.