Ngoko namhlanje siza kuthetha ngolu hlobo lokugqibela olubizwa ngokuba yi-contract change.
Yintoni echitshiweyo?
I-derived derivative ifana nekhontrakthi yangaphambili njengesivumelwano phakathi kwabathengisi ababini ukutshintshisisa i-asethi ngosuku olumiselwe ngaphambili.
Ngokuphathelele i-swaps, zifana nezivumelwano ezihamba phambili. Ziyatshintshana luchungechunge lokuhamba kwemali phakathi kwabathengisi ababini (ukuvuma amaqela). Nangona kunjalo, ngelixa elinye icala lesivumelwano semvumelwano libekwa, olunye uhlangothi lwesivumelwano luya kugqitywa ngesiphumo esizayo. Esi siphumo sinokuba yintengo yesitokethi esithile, inzala, inani lempahla ekhethiweyo okanye nayiphi na into abahwebi ababini bavumelana ngayo.
Ngoko ngelixa phambili kuya kubakho urhwebo omnye ekupheleni kwesivumelwano, ukutshintsha kuzoba neengxoxo ezininzi ngexesha lobomi besivumelwano. Omnye wabathengisi uza kwenza uluhlu oluthile lweentlawulo ngokusekelwe kwisivumelwano sokutshintshiselwa, kodwa elinye icala lorhwebo liza kusekelwe kwisitshixo (umz.
Iingozi ezidibene neS Swaps
Njengokuhamba phambili, utshintshwe izivumelwano akuthengisi ukuthengisana koluntu kwaye ngenxa yoko akalawulwa. Ngoko ekubeni i-swaps ingalawulwa, ayinomngcipheko ophezulu ngaphandle kokuthetha isivumelwano esizayo.
Kwakhona, ngamanye amaxesha elinye icala lesivumelwano sokutshintsha lingathanda ukuphelisa isivumelwano phambi kokuphela kwayo.
Ngelo xesha, abathengisi bobabini banokuvumelana malunga nokunikezelwa, okanye bahlawule ngokulingana nemali ekhontrakthi okanye nokuba benze indawo entsha yesivumelwano. Yiyiphi, kwezinye iimeko, inokubangela enye inkontileka yokutshintsha.
Izivumelwano zitshintshi ngokuqhelekileyo zenziwa ngamagosa amakhulu eemali kunye neebhanki ezisungulwe, ngoko nangona kukho umngcipheko ophezulu wokungabikho komngcipheko ngenxa yokungabikho kwemimiselo, basoloko bomelele. Kodwa njengaye nayiphi na isivumelwano esiya kuyo yonke into yombane. Kukho ukungafani kuzo zonke izivumelwano zentengiso okanye ezitshintshayo.
Ngexesha Nokuba Kutheni Ama-Swaps asetyenziswa kwi-Exchange Traded Funds
Iimveliso ezizenziweyo zisetyenziswa kwi-ETFs ukunceda ngokuchaneka kokuthengiswa komlinganiselo othile. Njengokuba indawo ye-market ye-ETF iye yanda, izinto ezintsha ze-ETF ezifana neengxowa ezixhasayo kunye ne- ETF ezithinteleyo ziye zaziwa kakhulu. Nangona kunjalo, ngenxa yobume obuyinkimbinkimbi yale mali, iimveliso ezifana nekamva kunye ne-swaps zifuneka ukuba zifakwe kwiindawo zokuba zifumane iziphumo ezifunwayo. Abanikezeli abaninzi be-ETF basebenzisa iziphumo zokufumana iinjongo zokutyalo mali. Iimpahla ze-Equity kuphela azikwazi ukuba zanele.
Iingcamango Zokuvala
Njengoko ndihlala ndithetha, kubalulekile ukwazi izinto ezisiseko malunga ne-ETFs yakho, ingakumbi imali eyinkimbinkimbi. Kodwa ukwazi izinto ezisisiseko kuphela akwanele.
Kufuneka uqonde oko ku-ETF kunye, ngokukodwa ukuba zibandakanya iziphumo ezifana nezivumelwano zokutshintsha. Kwaye ukuba i-ETF ejoliswe kuyo iquka i-swaps, qiniseka ukuba uyayiqonda indlela eya kuchaphazela ngayo ukusebenza kwengxowa-mali kunye neengozi ezibandakanyekayo.
Njengoko naliphi na utyalo-mali, qiniseka ukuba wenze uphando olunzulu ngaphambi kokuba wenze nayiphi na intengiso kwaye ukuba unemibuzo, qiniseka ukuba udibanise nomthengisi wakho okanye umcebisi wezemali okanye uchwepheshe. Bangakunceda nangayiphi na ingxakeko, vavanya umngcipheko kwaye bancede wenze izigqibo ezinengqiqo.
Nangona kunjalo, xa usenza izigqibo zokutyalomali, ngokunjalo, njengenzolo, inhlanhla nayo yonke imisebenzi yakho usebenzisa ii-ETFs, i-swaps okanye ezinye iimpahla zezimali.