Nhanganyaya kuZvibvumirano zveMatengesi Emakethe

Emerging market bonds are the bonds issued by governments or corporations of the world's developing countries. Kubuda kwemakakatani zvisungo zvinoratidzika sehuwandu hwehutano sezvo nyika duku dzakataridzirwa sezviri nyore kuti dzive nehupfumi hwehupfumi hwezvematongerwe enyika, kupesana kwezvematongerwo enyika, uye zvimwe zvinokanganisa zvisingawanikwi munyika dzine mari dzakawedzerwa mune zvemari. Sezvo varimi vachida kubhadharwa nekuda kwezvipingamupinyi izvi zvakare, nyika dzinotanga kubuda dzinofanirwa kupa zvibereko zvakakwirira kudarika dzimwe nyika dzakasimbiswa.

Ngozi uye Kudzoka - Zvaunotarisira Kubva Pakusimuka Kwemahomba Mabhizimisi

Kufanana nehuwandu hwezvibereko , kutengeswa kwekweretheni yematengesi chikamu chezvakanaka kune vashandi vanofarira kudumbu-pamusoro-kuenzanisa zvikwereti zvekwereti mukutsvaka kwekureba kwenguva refu-nguva inodzoka. Kubva musi waNovember 30, 2013, JP Morgan EMI Global Diversified Index - chienzanidzo chinowanzoshandiswa kuyera kushanda kwemashamba emakambani anotengesa - yakabudiswa kuwandisa kwegore rinosvika 8.43% pamusoro pemakore gumi apfuura. Vavhareji vanobuda misika yemari chikwereti vakadzoka 8.11% gore negore panguva imwe chete. Munguva iyocheteyo, US inotengeswa-bhizinesi bhizinesi yakagadzira chiyero chegore negore chekudzoka 4.71% kubva kuBarclays Akabatanidzwa US Bond Index.

Zvisinei, zvakakosha kuchengeta mupfungwa kuti kubuda kwemashamba mabhizimisi zvakare kwakave nokuwedzera kusagadzikana (kureva, kutasva mabhasiri) kupfuura dzimwe dzakawanda mune imwe nyika yakasarudzwa. Icho hachifaniri kunge chiri chekufungidzirwa pamusoro pekusimba kwemari kwenguva refu, asi mumwe munhu asingadi kutarisana nekusazvikudza kwakadaro angave ari nani pane kutora nzira yakawanda yekuchengetedza.

Pamusana pehuwandu hwemungozi uye mubairo , hurumende inotanga kushambadzira inosangana pakati pekutsvaga-bhizinesi mabhizimisi emakambani uye zvikwereti zvakanyanya-zvibereko. Kubva kune chikwereti chemari chikwereti, saka, chinofanira kuonekwa sekutsvaga kwemazuva akawanda kusina kukodzera kune mumwe munhu anonyanya kukoshesa kuchengetedza mari.

Zvikonzero zveKushanda Kwakasimba

Emerging market bonds yashanduka kubva kune imwe nzvimbo yakanyanyisa yeasset mukutanga kwema1990 kusvika kune imwe nzvimbo, yakawanda yakawanda yemakethe emari pasi rese nhasi.

Nyika dzakasimuka dzakagadziriswa zvishoma nezvishoma maererano nekugadzikana mune zvezvematongerwe enyika, simba rezvemari rekubudisa nyika, uye kugadzikana kwemitemo yehurumende yehurumende. Kunyange zvazvo dzimwe nyika dzichiri kubudirira dzichiri kunetseka nekudarika kwebhajeti uye chikwereti chikuru, nyika dzakawanda dzichiri kusimukira dzine mari dzakanaka uye zvikwereti zvinokwanisika zvekwereti. Uyezve, nyika dzichiri kusimukira - seboka - inonakidzwa nemari yakakura yekukura kwezvemari kune vezera ravo vanobudirira-pamusika.

Mhedzisiro ndeyekuti zvibereko zvakaderera ikozvino kupfuura munguva yakapfuura, asi mutengo unoratidza kumwe kwakadzikama. Kunyange zvakadaro, kubuda kwemaketani zvisungo zvinoramba zvichishungurudzika kune kushamiswa kwekunze kunowedzera kuderedza vatengesi vekuda kwengozi. Iko yepasiti yechikoro, saka, inoramba ichinetsa pasinei nekuvandudzika kwekutanga mumamiriro ehupfumi enyika dziri pasi.

Basa muPodfolio Diversification

Emerging market bonds zvinogona kupa mutsigiri kune avo vane zvikwata zvehutano izvo zvine zvakawanda zve US-centric focus. Sangano rezvematongerwo enyika harisi kufamba nguva dzose nehupfumi hwakasimudzika, izvo zvinoreva kuti mabhizimisi emabatanidzwa emapoka acho maviri anogonawo kupa maitiro akasiyana-siyana.

Ziva, zvakadaro, kuti boka reassetsi rinowanzotarisa kushandiswa kwemisika yepasi rese.

Somugumisiro, inogona kupa chiyero chekusiyanisa kune mumwe munhu ane chikamu chake chakanyatsotarisa kumatokari, asi kwete zvakanyanya sezvaungatarisira.

Dollar-Denominated vs. Local Currency Chikwereti

Vashandi vanogona kusarudza pakati pemari pamwe chete uye mari yekutsinhana-inoshandiswa mari (ETFs) inoshandisa mari imwe neimwe-inodhinha yemari yemari yemabhizimisi kana kuti chikwereti chakabudiswa munharaunda dzemunharaunda. Somuenzaniso, pakupa chikwereti, nyika yakadai seBrazil inogona kutengesa zvisungo zvinoshandiswa mumadhora kana mari yenyika - chaiyo . Dhora-chikwereti chakaderedzwa chinowedzera kuva chakasimba, asi chikwereti chemari yekodha chinowanzosanyanya kuwedzera. Kunyange zvakadaro, chikwereti chemari yepanyika chinogona, mune kwenguva refu, inopa imwe nzira nzira yekusimudzira kusimba kwakasimba mune zvekutsvaga nekuvandudza mari yematengesi anotengeswa munyika. Iro sarudzo yaunosarudza inobva pakutsungirira kwako kune njodzi.

Bonds Bhizinesi Kusiyana nehurumende Bonds

Vashandi havasi ivo vanongogumira kune hurumende hurumende mumashamba ekubuda. Makambani munyika dzichiri kusimukirawo anokwereta chikwereti, uye iyo yeklasi yefa inokura nokukurumidza mukuzivikanwa. Kunyange zvazvo mari yakawanda yemashamba ekubuda ichiisa chikamu chezvinhu zvavo muhutano hwekambani, vatengesi vanogonawo kuwana kirasi yeasset zvakananga kuburikidza ne ETF dzakadai seW WisdomTree Emerging Markets Corporate Bond Fund (ticker: EMCB).

Vashambadzi

Nyika huru, uye ichikura, yenyika iri kupa chikwereti. Pakati pevakakurumbira ndevamwe:

Latin America

Middle East / Africa

Asia

Europe