Ibhondi yeeNkcazo eziPhakamileyo: "I-Dollar idityaniswa" ngokubhekisele kwi "Imali yasekhaya"
Abatyalomali banokukhetha ezimbini xa kuthethwa ukutyalomali kwiimveliso zentengiso ephumayo . Ookuqala utyalo-mali kwi-debt dollar-denominated debt ekhutshwe ngamazwe asakhulayo. I-dollar idityaniswa nje ithetha ukuba iibhondi zikhutshwa ngokwemigomo yeDola ye-US, ngoko-ke ama-investors ase-US ayidingi ukuguqula kwiimali zangaphandle xa bethenga izibophelelo. Isiphumo kukuba akukho mpembelelo evela kumngcipheko wezezimali ngaphezulu kwezinto ezinokuthi zenzeke ngokungahambisani nokuhlanganiswa kwamashishini athengisayo.
Iibhondi ezibekwe kwiingxowa zengingqi kunokuba iidola zase-US zihlobo lwesibini lwetyala lentengiso. Kule meko, umtyalo-mali uza kufuneka aguqulwe iidola kwiimali zangaphandle, njenge- real Brazilian , ngaphambi kokuthenga isibophelelo. Isiphumo kukuba ngaphezu kokunyuka kwentengo ye-bond bond, ukubaluleka kotyalo-mali kuthinteka ngokunyuka kwemali-ukunyuka okanye ukuwa kwemali yelizwe langaphandle / izinga lokutshintshwa kwedoli yase-US.
Ngokomzekelo, umtyalo-mali uthenga i-$ 1 yezigidi zexabiso lemali yendawo yaseBrazil, kodwa ukwenza okokuqala bafuna ukuguqula iidola zabo kwimali yendawo. Ngomnyaka kamva, intengo yebhondi iyafana, kodwa imali iyancipha i-5% ngokumalunga ne-dollar. Xa umtyalomali uthengisa ubophelelo kwaye uguqula kwi-dollar yase-US, ukuba ukuhla kwexabiso le-5% kuholele kwi-5% yokulahleka kwexabiso kwixabiso lentengo-mali nangona inani lexabiso lokubambisa kwiimbopheleleko litshintshi.
I-Dollar okanye Imali Yangaphandle Yonakalisiwe - Yiyiphi Engcono Kuwe?
Ingeniso enokubakho yemali yemali yasekuhlaleni iphindwe kabini. Okokuqala, ivumela abatyali-mali ukuba bahlukane nokubambisa i-dollar yase-US. Okwesibini, ivumela abatyali-mali ukuba bazuze kwimpembelelo emihle yezizwe zentengiso ezikhulayo kunye nokukhula kwezoqoqosho.
Ngelo xesha, ukutshatyalaliswa kwemali kwongezelela enye ingqungquthela yokutshatyalaliswa. Oku kubaluleke ngokukodwa kumaxesha apho abatyali-mali bajonga ukuphepha ingozi. Ngezi zihlandlo, kunengqiqo ukulindela ukuba iimali zemali zendawo ziza kufana neefowuni zabo. Ithenda-based-based based therefore can be the best option in times of uncertaintment for investors new in class class or for those who have a slightly low risk tolerance.
Indlela iNtsebenzo eyahlukileyo ngayo
Umzekelo wendlela usebenzo lwamacandelo amabini ahluke ngayo: Ngethuba likaSeptemba 2011, ukwandisa uxhalabo malunga neengxaki zeentyala zaseYurophu kwandile inqwelo yokhuseleko kwizinto ezinobungozi obuphezulu. Phakathi kwesi sikhalazo, i-EMB (iimalike ezithengayo ze-ETF ezithatha ityala eliditywa ngamadola) libuyele -4,79%. Ngexesha elifanayo, i-ELD (ephethe iitaliti zemali yangaphakathi) ibuyele -10.24% - umahluko omkhulu ngexesha elifutshane.
Ngakolunye uhlangothi, ngeenyanga ezimbini zokuqala zika-2012 - ixesha elihle kakhulu kwiimarike zezemali, i-ELD ibuyele kwi-7.53% kwaye yabona ukubuya kwe-EMB ye-4.51%. Ngexesha, nangona kunjalo, umehluko uhamba phambili. Ukujonga iimali ezimbini zePIMCO njengomzekelo, ukubuyiswa kwemali eminyaka emihlanu yeminyaka yeengxowa-mali zemali kunye ne-dollar-denominated funds yayingu-7.37% kunye no-8.04%, ngokulandelanayo, ngo-Juni 6, 2013, umahluko omncinci kwimbuyekezo emibili .
Abatyalo-mali banokukhetha ezininzi
Abatyalomali abakhangela ukunika isabelo kwipotfoliyo yabo kwiibhanki zangaphandle kufuneka benze ukhetho phakathi kweedola-dollar-denominated or local-currency bond bond (okanye ukuseka inhlanganisela ethile efunwayo yabini). Ezinye iinkampani zeengxowa zinikela ngazo zombini: I-PIMCO, umzekelo, inikezela ngeNgxowa-mali ye-Bond ye-PimCO Bond Markets Bond (i-ticker: PEBIX) kunye ne-PIMCO ye-Local Bound Bond Fund (PELBX).
Ehlabathini leemali ezithengiswa ngemali , abatyali-mali bangakhetha phakathi kweemveliso ezifana ne-iShares JPMorgan Iimali zeeMakethe ze-Bond eziPhakamileyo ze-USD (EMB) okanye iMakethe yeMpawu zeMpawu eziPhakamileyo zeNgingqi (ELD).
Ngaphantsi
Iimali ezininzi ziyakwazi ukuhamba phakathi kwee-dollar- kunye neengingqi zemali-bhondi. Phanda nayiphi na imali enokuthi utyalomali lwebhondi ngokuqinisekileyo uqiniseke ukuba uyayiqonda imali yeebhanki kwiipotifoliyo zayo ukuqinisekisa ukuba le ngxowa-mali ihambelana neprojekthi yengozi kwaye iyahambelana nesicwangciso sakho sotyalo-mali.
ISICELO: Ngemali ayinikezeli irhafu, utyalo-mali, iinkonzo zemali kunye neengcebiso. Ulwazi lwenziwa ngaphandle kokuqwalasela iinjongo zotyalo-mali, ukunyamezela ngengozi okanye imeko zezimali kwanoma yimuphi umtyalo-mali othile kwaye angenakufaneleka kubo bonke abatyalo-mali. Ukusebenza kwangaphambili akubonakali kweziphumo ezizayo. Utyalo-mali luquka ubungozi kubandakanya ukulahlekelwa kwinqununu.