Tsanangudzo, Nguva uye Njodzi dzeZero Coupon Bond Funds
Vazhinji varairimu havazivi kuti kune mhando dzakawanda dzehutano hwemari pamwe chete uye kuti dzinogona kushandiswa kune zvinopfuura kungoita mari shoma shoma kana kuti kusiyanisa pamusoro pengozi yekutenga uye kuchengetedza mutengo wemari pamwe chete. Uye kune vamwe vatengesi vakawanda vasina kuziva kubatsirwa kwekushandisa kweZero-coupon bond funds.
Hezvino izvo zvaunoda kuziva pamusoro pezvinhu izvi zvakasiyana-siyana zvakagadziriswa:
Zero-Coupon Bonds: Tsanangudzo uye Zvikonzero zveVarimi
Zero-coupon bond isimboti inotengwa pane zvisingatori (mutengo wakaderera kupfuura kukosha kwechiso chake), uye kubhadhara kwemaziso kumudzimai panguva yekukura. " Coupons " ndeimwe zita rekubhadhara chikwereti uye zero-coupon bonds hazviiti nguva dzekubhadhara chikwereti. Mumashoko akasiyana, zvibvumirano izvi hazvibhadhari mapikoni, saka izwi rokuti zero-coupon bond.
Mutengi wezvisungo anogamuchira chiso chakakwana (par) kukosha kwechibvumirano kana hutano hwasvika pakukura. Zvisinei, zvakasiyana, mumwe mubhadhati ane chigaro chenguva dzose anowana mari kubva kune dzimwe nguva kubhadhara zvikwereti, izvo zvinowanzoitwa semi-gore negore.
Dzimwe zero-coupon bonds hadzisi kutanga se zero-coupon zvisungo. Semuenzaniso, US Treasury Bonds haisi kutanga se-zero-chikwata asi chirongwa chinozivikanwa seChipatengesi Chine Zvinyorwa zveChinyorwa Chibvumirano uye Chekuchengetedzwa Kwemasimba (STRIPS), rinobvisa chikwata, kana kuti kubhadhara chikwereti, uye inogadzira zero-coupon bonds, inozivikanwawo se "SIMBA zvisungo."
Nemhaka yekuti zero-coupon zvisungo hazvibhadhara chikwereti uye kukosha kwazvo zvichienderana nekukura, mutengo wavo unonyanya kunzwisiswa nezvibereko. Nokudaro, kwete chete kuwira kwechido chekuda kwemazingira zvakanaka kwezvisungo, zviri nani kune zero-coupon bond funds.
Nezvehutano hwemari pamwe chete, ramba uchiyeuka kuti mubhadhari ane zvikamu zvehurumende yekutengeserana uye kwete kubatira kwe mutual fund.
Nokudaro mutengo wehurumende yemutengo wemari (kana kuti inonzi inoshandiswa semari yakagadzirwa nemari kana NAV ) ndiyo inonyanya kushanda yemari yebhadharo inodzokera kumutengesi. Ichi ndicho chikonzero mari yehutano pamwe chete ine mungozi mukuru - nokuti mari inotengeswa inogona kuwira mukukosha, asi mumwe munhu ane bhandi anogona kungobata chisungo chake pasina kubhadhara kurasikirwa chero kupi zvako, chero bedzi vasingatengesi bhandi yavo pamutengo wakaderera kupfuura kutenga.
Nguva Yakanakisisa Yokutsvaga muZero-Coupon Bond Funds
Mitengo yeBond nemari yemitengo yakafanana nemigumo miviri inopesana yeyeta-totter: Kana rumwe rutivi ruchibuda, rumwe rutivi runowira. Saka kana zvikwereti zvinowedzera, hutengo hwehutano huri kuwira uye apo huwandu hwezvikwereti huchiwa, hutengo hwehutano huri kuwedzera. Saka nguva yakanakisisa yekuisa mari muzvisungo ndeye apo inhamba yezvibereko inowira nekuti mutengo (kana kukosha) kwehutano hwako huri kuwedzera.
Mubvunzo chete unoramba uripo maererano nekanakisisa nguva yekuisa mari mune zero-coupon bond funds ndeyekuti: Ndeipi iyo inhamba yezvikwereti inogona kuwira? Mhinduro ndeyo nguva dzakatarisana .
Chikonzero ndechekuti Federal Reserve icharwisana nekusarura, iyo nguva yekuwa kwekutengeswa kwezvinhu zvekutengesa uye mabasa, kuburikidza nekuderedza zvikwereti zvekuda kuburikidza nekutenga mari yeHaimari Bonds.
Best Zero-Coupon Bond Funds
Zuva rakanaka rezero-coupon bond fund (kwemakore 2014 kana 2015) iAmerican Century Zero Coupon 2015 (BTFTX) uye imwe yezvakanakisisa zero-coupon bond bond ndiyo ETF , PIMCO 25+ Gore Zero Coupon US Trs (ZROZ).
Vashandi vanofanira kushandira pavanenge vachitenga uye vachichengeta zero-coupon bond funds nokuti mutengo wavo unoshamisa unofamba uchidzika. Uyezve, zvisungo zvekugara kwenguva refu zvichava nekuchinja kukuru mumutengo kupfuura kusungwa kwenguva pfupi.
Somuenzaniso, mugore ra2013, ZROZ yaive ne -20.9% inodzoka, uye mugore ra2014, mari yacho yaive nemaziso ekuwedzera 48,8%. ZROZ yakashandurwa zvakare muna 2015, yakawana purofomu yakaderera imwe yenhamba muna 2016, ikatora pamberi pevheji yehurumende, sezvo yakaenzaniswa neBloomberg Barclays US Aggregate Bond Index , muna 2017.
Nokudaro nhanho yekutora ne zero-coupon zvisungo ndeyokuti inogona kuva yakanaka kwenguva refu yakachengetwa asi iyo inofanirwawo kutengesa, midziyo yekutengesa nguva uye zvisingatori kutanga kwevatengesi.
Zvinonzwisisika: Mashoko ari pawebsite ino anopa mazano ekukurukurirana chete, uye haafaniri kushandiswa zvisina kunaka sekutsvaga mazano. Pasinei nemamiriro ezvinhu iyo ruzivo runomiririra hutungamiri kutenga kana kutengesa zvigumisiro.