Izinzuzo kunye neengozi ze-TIPS-Imali-mali yeMali eVikelekileyo

Njengazo zonke utyalo-mali, i-TIPS zinezibonelelo kunye neentlondi

Abatyalomali kufuneka bahlale beqaphela izibonelelo kunye neengozi zaso nasiphi na isithuthi apho bacinga ukubeka imali yabo. Akufani na ma- TIPS , okufutshane "kwiimali ezikhuselekileyo zokhuseleko lokunyuka kwamaxabiso."

Iinzuzo kunye neengozi ze-TIPS

I-TIPS zenzelwe ukugcina amandla okuthenga ngokukhawuleza ngokukhusela abatyalo-mali malunga nomngcipheko wokunyuka kwamaxabiso. Zibophelelwane ezikhutshwe nguNondyebo we-US onomlinganiselo onomdla.

Ixabiso lemali ye-interest interest goes up and down, ngokuba inqununu isoloko ilungiswa ngokutsho kweenguqu kwi-Index of Price Index okanye i-CPI. I-Nondyebo yase-United States ihlawula inqununu yokuqala okanye ehlengahlengisiweyo xa ezi zikhuselekile zikhulile, nokuba ziphi na ezinkulu.

I-TIPS zibonisa ukuba akukho mngcipheko ongagqibekanga kuba zibophelelo zentengo . Kwaye zibhaliswe kwi-inflation kangangokuba akukho phantse yengozi yokunyuka kwexabiso lentengo ngokukhawuleza ukuba izinga lakho lokunyuka kwamaxabiso likufutshane nereyithi ye-CPI. Kodwa azinalo mngcipheko. IIMPAWU zamanani emakethe zihamba ngokubanzi kunye neenguqu kwimigangatho yenzalo. Oko kuthetha ukuba intengo yesabelo se-investment fund kwi-TIPS ingahluka kakhulu kwixesha elifutshane.

Umngcipheko we-Deflation-umngcipheko wokuhla kwehla kumaxabiso, okungafaniyo nokunyuka kwamaxabiso-enye ingqalelo. Ukuba kwakufuneka kubekho ixesha elide lokuchasana, i-TIPS iza kulahlekelwa yintengo ethile.

Nangona kunjalo, iNondyebo yase-United States ithembise ukuhlawula nayiphi na imali-mali kwi-TIPS ikhulu leentente kwi-dollar yenani eliyinhloko.

Izinto ezichaphazela iiTIPS

Utshintsho lweNzala:

• IINKHOSI zexabiso ziphendula kwiinguqu zenzalo, ezifana nezinye iibhondi.
• Izibophelelo eziqhelekileyo zinokulindela ukunyuka kwexabiso lokunyuka kwamaxabiso okwakhiwa kwizivuno zabo.

• I-TIPS ziphendulela utshintsho kwizinga "zenzalo" zenzalo-zangoku iirhafu zenzalo ezingaphantsi kwexabiso lokunyuka kwamaxabiso.

Imilinganiselo yexabiso lemveliso:

• Ukutshintsha ukulindela kwexabiso lemali elizayo ngokuqhelekileyo lubaqhubi abaziintloko be-TIPS.
• Izibophelelo eziqhelekileyo zinokulindela kwixabiso elizayo lokunyuka kwamaxabiso ezakhiwe kwizivuno zazo.
• Ukusabalala phakathi kwamabhondi aqhelekileyo ase-US kunye ne-TIPS kunokuthi kuninzi kubangelwa ukulinganiselwa kwexabiso lokulindela. Xa ukunyuka kwamaxabiso okwenene kuphezulu kunokuba kulindeleke, ii-TIPS ziza kubakho ukugqithisa izibophelelo eziqhelekileyo, kwaye ukuba ukunyuka kwamaxabiso okwenene kuncinci kunokuba kulindeleke, ii-TIPS ziyakunciphisa izibophelelo eziqhelekileyo.

Umxholo ophantsi: Ngubani omele athenge imali kwi-AIPS Fund?

I-TIPS fund ingadlala indima ebalulekileyo kwipotifoliyo eyahlukeneyo, ukubonelela ngokubuyisela ukulungiswa kwexabiso lokunyuka kwamaxabiso kubarhwebi-mali bexesha elide. I-AIPS ye-TIPS ihloselwe ukuqhubela phambili ulwahlulo lweefomatifoliyo-mali ezizinzileyo, ezahlukahlukeneyo. Akufanele ijongwe njengokuba "yiyo yonke into" eyahlukeneyo kwiintlobo ezahlukeneyo zeentengo kunye nootyalo- mali kufuneka basebenzise ezinye iintlobo zeemali zee-bond .

I-AIPS ingxowa ayifanele ukuba abatyali-mali bangenakukwazi ukunyamezela ukunyuka kwexabiso lentengo, okanye abo bafuna ukukhula kwexesha elide.

UJohn Hollyer, umphathi-co-manager we-Vanguard Inflation-Protected Securities Fund, wayenomusa ngokwaneleyo ukuphendula emininzi yale mibuzo malunga neenzuzo kunye nobungozi be-TIPS.

Eli nqaku sisishwankathelo esigqityiweyo soononophelo lwangaphakathi kwaye unikezwe nguVanguard.

Qaphela: Njalo qhagamshelana neengcali zezezimali malunga nolwazi oluphezulu kunye nolunye uhlobo. Eli nqaku alikho icebo lotyalo-mali kwaye alujoliswanga njengengcebiso-mali.