tsw gold ⊙ Reporter tuyan futures rises in the 20th century United States markets - LHN

⊙ Reporter tuyan futures rises in the 20th century United States markets guild wars 2 gold, in addition to directional trading, stock index futures are also widely used in arbitrage and hedging tools, there are a large number of institutional investors to participate in this. But in the United States in a mutual fund, stock index futures investment small. Enquiries revealed that United States many equity funds and index funds on the market are gamesStock index futures, sinolink securities (600,109 valuation, evaluation, market information, the major trading) studies have shown that using stock index futures to asset allocation of the Fund management and liquidity, and by short selling stock index futures for hedging will be very rare. This multi-purpose of stock index futures as a hedge or carry very different. Studies have found thatWhen the market changes, equity funds and index funds on stock index futures strategies are not the same, is based on the investment objective of the Fund Manager's own and the market's judgement. On the market, how the index fund will hold certain positions in stock index futures, but positions will have some adjustments; and the equity fund is different, his fund managers may beAll positions in order to reduce losses. However, the premise of stock index futures and overseas Fund there is also another great feature, the high degree of participation, but the investment ratio is very low. According to the statistical data before sinolink securities, 2009, United States 13 index fund of the fidelity fund management company only 1 is not used only in stock index futures, but refers to a total market capitalisation of only using Futures Fund's total net worth1.63%. 70 active fund application with 18 in stock index futures. Why United States of index funds and actively Fund by long term means to achieve the purpose of asset allocation and management of liquidity, less active short period means? Because United States mutual funds investing in derivatives is subject to strict supervision, allow lines and leverage restrictions on the use of derivativesIs required, and no short selling in the market mechanism, while United States markets to hedge the risk of more tools, in addition to the stock index futures tsw gold, there are individual stock futures and options aoc gold, the bear market funds and hedge funds, and so on. According to overseas experience, because fund managers and stock index futures on the market to determine large associations, so if the judgment or not, but severe lossesTired the income of the Fund, domestic public funds there is little genuine willingness to early adopters are not surprising. However, the high liquidity of the stock index futures can give managers a lot easier, for example, you can avoid a lot of money in and out of huge impact on stock prices, establish the appropriate amount of positions on the futures market to be much faster than on the spot market. So when managers make investment decisionsTo build positions on the stock index futures and other derivatives, and depending on the market whether or not to invest stock market, without having to face the risk of large price changes in the market, stock index futures also improves the efficiency of funding. China's stock index futures and margin financing business after the gate opening, funds can be designed more to use their innovative products, because the foreign derivativesThere is no short selling restrictions, the stock index futures using less. 　　But since China's derivatives are rare and short selling restrictions more stringent, stock index futures a great place. Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.