Chikonzero nei mari iyi iri mhinduro mukutsvaga dambudziko
Chimwe chikomborero chekuwedzera kwezvisungo zvekutengeserana-zvekutengeserana mari (ETFs) ndezvokuti kune ikozvino mahofisi ekufukidza zvido izvo varairi vese havana kumboziva kuti vaiva nazvo. Izvo zvakaderera: dzimwe nzira idzi dzinogona kuva dzakaoma kunzwisisa. Chimwe chakadai chakabva muna 2013: chakakonzerwa nepamusoro-mahombekombe neEFs.
Hedged High Chibereko Chibvumirano ETFs: The Basics
Aya maEFs anotsvaga kupa vashandi nemichero inonakidza yezvibereko zvepamusoro-kutora kunze kwechimwe chezvinhu zvinotarisana nehuwandu hwehuwandu hunowanzobatanidzwa nehutano hwekuisa mari.
Mari yacho inoita izvi kuburikidza nekuzadzisa zvikwata zvavo zvepamusoro-zvekubereka neine pfupi pfupi muUnited States . Nzvimbo shoma ndeyekutsvaga kunowedzera kukosha apo mutengo wekuchengetedza unorega. Sezvo kutengeswa kwezvitengo kunowira apo zvibereko zvinomuka , nzvimbo pfupi muzvisungo zvingakosha muhupenyu hwekuwedzera kwezvibereko. Nenzira iyi, nzvimbo pfupi muHumari inobatsira "ruzho" pamusoro pemukana wekukwira kwemari.
Semuenzaniso, Kutenda Kwekutanga Kwokutanga Kunobatsira Nguva refu / Pfupi ETF (HYLS) inoshandisa kurera (kureva, inokwereta mari) kuisa mari inenge 130 muzana yehupfumiro yayo muhutano hwakareba huri kutarisira kubuda, uye inotanga inenge inenge 30% pfupi chinzvimbo muUnited States Pfuma uye / kana zvibvumirano zvekambani . Iyi nzvimbo pfupi inoshanda se "ruzho" kune dzimwe nzvimbo.
Iyi nzira inobatsira mari kuti iparadzanise zvikamu zviviri zvezvipingamupinyi muhuwandu hwekukohwa zvikwereti : chikwereti chekwereti uye chido chekuda-kutarisa.
Chikwereti chakakonzerwa nematambudziko ekusafa (uye kuchinja mumamiriro ezvinhu angakanganisa kukanganisa kusingagumi, zvakadai sekukura kwezvemari kana mari yekambani), asi kuwedzera kwehuwandu hwemari ndeyekuti kuchinja muHarare zvinobereka kuchakanganisa kushanda. Iyi mari inonyanya kubvisa njodzi yekupedzisira, ichipa "kuchena" kutarisana nematambudziko ekukwereta.
Izvi zvose zvakanaka uye zvakanaka apo vatengi vanoona mafungiro akanaka pamusoro pekwereti chekwereti - somuenzaniso, apo hupfumi hwakasimba uye makambani ari kuita zvakanaka. Kune rumwe rutivi, nzira yakakomberedzwa isingaiti, apo chikwereti chinowedzera. Munyaya iyi, mungozi yekwereti inova mutoro apo huwandu hwekutsvaga huwandu hunoita sehutano hwakanaka hwekuita sezvo hunovhiringidza zvimwe zvakaderera. Izvi zvinogona kurasikirwa nevashambadzi vakawanda vachipa kuti panguva iyo mari iyi yakatangwa - 2013-mvumo yechikwereti yakanga yakanyatsonakidza kwemakore mana apfuura.
Ndezvipi zvinoshandiswa muHedged High Yield Bond ETFs ?
Vatengesi vemazuva ano vane zvishanu zvingasarudzwa:
- WisdomTree BofA Merrill Lynch High Kupa Bond Zero Nguva Fund (HYZD) Imari yezvikamu: 0.43%
- WisdomTree BofA Merrill Lynch High Kuzvipira Bond Kupera Nguva Yakawanda Fund (HYND), 0.48%
- Kutendeseka Kwekutanga Kuwedzera Zviyo Zuva / Pfupi ETF (HYLS), 0.95%
- Market Vector Treasury-Hedged High Chibereko Bond ETF (THHY), 0.80%
- ProShares High Kubudirira-Mutengo Wechibereko Akabatwa ETF (HYHG), 0.50%
- iShares Interest Rate Hedged High Chibereko Chibvumirano ETF (HYGH), 0.55%
Kubatsirwa uye Kukanganiswa kweHedged High Yizvibatanidza Bhuku ETFs
Kubudirira kwekubvongodzwa kwehupfumi huripo mari ndeyekuti vanogona kuderedza kukonzerwa nekusimudzirwa kwezvisungo, zvichibvumira vashandi kuti vawane zvibereko zvakanaka kunze kwekushushikana pamusoro pehuwandu hwekuti hupfumi huripo huchakwira.
Pachinhu chiduku, izvi zvinofanira kuderedza kusazvienzanisa kana zvichienzaniswa nepamusoro-soro yepamusoro-bhizimisi mari, uye mumamiriro ezvinhu akanaka, iyo yakaita kuti titevedzere kushanda zvakanaka.
Panguva imwe chete, zvisinei, mari iyi inewo huwandu hwakawanda hunogona kukanganwa:
Kutsika-kufarira-mutengo wekutengesa hakurevi "pasi pangozi" : Vashandi havakwanisi kufunga kuti mari iyi haina mungozi sezvo chikwata chekwereti chinoramba chiri chinhu chinokosha chekuita kwavo. Kubudirira kwakaipisisa muhupfumi hwepasi pose kunogona kukonzera kukwidziridzwa kwezvikwereti zvakakosha mitengo inowira panguva imwechete sezvo mari yeHaimari inowanikwa pakati pe " kuenderera kuhutano ." Mamiriro ezvinhu aya, zvikamu zvose zvegadziro zvinogona kuwira pasi, sezvo mari yacho yakavharwa kunze kwekusimuka kwezvisungo zvinobereka.
Kudyidzana kwezvibereko zvakanyanya hazvikwanisi kutanganisa nehuwandu hunoti : Kana hutano hwakawanda huri nehuwandu hwehuwandu hwehuwandu hwehuwandu hwemari, huri huwandu hwekufarira-huwandu hwakanyanya kupfuura huwandu hwezvikamu zvebhizimisi rechibvumirano.
Somugumisiro, varimi vari kuvhara dambudziko risati rapera kudarika iro rinowanzoita bhaji-bhizinesi bhandi chikwereti.
Migumisiro ichasiyana kubva muhupamhi hwepamusoro wekukohwa kwemashamba munguva : Vashandi vari kutsvaga yakachena-zvibereko zvekubereka havazozviwani pano. Mari yacho inogona kudzorera kudzoka kwakaswedera pedyo nechepamusoro yekutengeserana kwebhizimisi pamusika zuva nezuva, asi nekufamba kwenguva izvi zvisiyana zvidiki zvichawedzera - zvinotungamirira kune zvinodzoka zviri kure nevashambadzi vanotarisira.
Havana kuzviratidza pachavo munharaunda yakaoma : Nguva dzose kuchenjera kupa mitsva mitsva nguva yekuzviratidza ivo, uye ichi ndicho chaicho kunyanya munyaya iyi yakapiwa kuti mari haisati yava nenguva yakawedzerwa nechisungo chakaipa chekurasikirwa kamwechete panguva iyo yakareba yakawanda yezvibereko uye zviduku-Mahofisi emari. Kusvikira pane humwe humwe uchapupu hwekuti mamiriro acho ezvinhu angaita sei, varimi vanofanira kupa mari iyi kudarika.
Mari inodhura yakawanda yeHYLS uye THHY : Iyi mari inobhadhara mari yakakura ye 0.95% uye 0.80%, maererano. Kusiyana neizvi, iyo mbiri inonyanya kushandiswa isati yakakomberedzwa ETFs, iShares iBoxx $ High Yield Corporate Bond ETF (HYG) uye SPDR Barclays High Yield Bond ETF (JNK) inokwana mari ye 0.50% uye 0.40%, maererano. Nokufamba kwenguva, izvi zvinowedzera mari zvinogona kutora chinangwa chakanaka kubva kune imwe nzira yekudzoka HYLS uye THHY inogona kuva nayo.
Iyo nzira inofunga kuti hupfumi huripo huchakwira : Uzivi huri pasi pezvivigiro izvi ndeyekuti Treasury inobereka ichawedzera zvishoma nezvishoma. Kunyange zvazvo izvi zvichinyanya kukosha, hazvisiwo chivimbo - sezvo zvidzidzo zveJapan mumakore makumi maviri nema25 apfuura zvidzidzisa isu. Ramba uchifunga kuti mari iyi inorasikirwa nenhovo huru yekutengesera kana zvibereko, zvichinyatsogara, zvakagadzikana kwemakore mazhinji.
The Bottom Line
Hedged zvakakosha-zvibvumirano zvisungo zveEFs zvechokwadi inzira inofadza, uye inogona zvechokwadi kuratidza kukosha kwayo kana Treasury ichibvumira kupinda kwenguva yakareba iyo vatengi vakawanda vanofanoona mumakore gumi anotevera. Panguva imwecheteyo, kune huwandu hwakaipa hunoratidza kuti mari iyi inogona kunge iri mhinduro mukutsvaga dambudziko. Chenjerera kuti usanyanya kufungidzira kukosha kwerutivi rwakavharirwa.
Zvinonzwisisika : Mashoko ari pawebsite ino anopa zvinangwa zvekukurukurirana chete, uye haafaniri kutorwa semazano ekutsvaga mari. Pasinei nemamiriro ezvinhu iyo ruzivo runomiririra hutungamiri kutenga kana kutengesa zvigumisiro. Nguva dzose taurirana nemudzidzisi wekutsvaga mari uye muteresi wezvemitero usati waita mari.