文章僅為個人觀察心得,並不作為投資依據.
前提:以最基本型的ETF來看(如:SPY,DIA,QQQ)
1.ETF是指數型基金,因為長期來說指數一定往上走,正向指數型ETF是被動追蹤指數,所以只要相對低點介入,長期投資此型ETF一定賺!!
2.ETF是被動型追蹤指數,報酬都跟指數差不多,所以不論買誰家發行的都一樣,當然手續費越低越好,因為成本越低,所獲得的報酬將會越高!!
想一想,1+2是您投資ETF的觀念嗎?了解這樣就可以勝券在握嘛?
分享一則過年期間的新聞如下:
NORTHERN TRUST TO EXIT ETF BUSINESS
CHICAGO, January 27, 2009 —Northern Trust announced today the scheduled closing of Northern Exchange Traded SharesTM (NETS) on Feb. 20, 2009.
The NETS Trust Board of Trustees' decision was made after consultation with Northern Trust Investments, N.A., the investment advisor to the 17 funds, which had approximately $33 million in assets as of December 31, 2008. The Funds were launched in 2008 and are designed to track international, single-country benchmarks.
The Board considered current market conditions, the inability of the Funds to attract significant market interest since their inception, their future viability as well as prospects for growth in the Funds' assets in the foreseeable future. The board determined that it was advisable and in the best interests of the Funds and their shareholders to liquidate the Funds, which are listed for trading on NYSE Arca, Inc.
Monday, Feb. 9, 2009, is scheduled to be the last day of trading for the shares of the Funds on NYSE Arca. Any person holding shares in the Funds after the delisting date will receive a cash distribution equal to the net asset value of their shares as determined on Feb. 20, the date of liquidation pursuant to the Funds' valuation policies. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the cancellation of their shares in the Funds.
The affected Funds are:
Operational Funds Ticker Symbol
NETS™ S&P/ASX 200 Index Fund (Australia) AUS
NETS™ BEL 20® Index Fund (Belgium) BRU
NETS™ Hang Seng China Enterprises Index Fund SNO
NETS™ CAC40® Index Fund (France) FRC
NETS™ DAX® Index Fund (Germany) DAX
NETS™ Hang Seng Index Fund (Hong Kong) HKG
NETS™ ISEQ 20™ Index Fund (Ireland) IQE
NETS™ TA-25 Index Fund (Israel) TAV
NETS™ S&P/MIB Index Fund (Italy) ITL
NETS™ TOPIX® Index Fund (Japan) TYI
NETS™ AEX-index® Fund (The Netherlands) AEX
NETS™ PSI 20® Index Fund (Portugal) LIS
NETS™ FTSE Singapore Straits Times Index Fund SGT
NETS™ FTSE/JSE Top 40 Index Fund (South Africa) JNB
NETS™ FTSE 100 Index Fund (United Kingdom) LDN
NETS™ FTSE CNBC Global 300 Index Fund MYG
NETS™ Tokyo Stock Exchange REIT Index Fund JRE
大致內容如下:
總部設在芝加哥的北方信託公司表示，將於2/20日結束旗下17個ETF。
這17個ETF總資產共約3300萬美元。
委員會認為目前的市場條件及日後發展前景,基金資產將無法吸引大量資金。
他們認為是將太少的資產分散在太多的ETF。
最後交易日是2月9日。
ETF中譯:(代號就不抄過來了)
比利時20指數基金（比利時）
S ＆ P / ASX 200指數基金（澳大利亞）
恆生國企指數基金
CAC40指數基金（法國）
DAX指數基金（德國）
恆生指數基金（香港）
ISEQ 20指數基金（愛爾蘭）
TA- 25指數基金（以色列）
S ＆ P /MIB指數基金（意大利）
東證指數基金（日本）
AEX交易代號指數基金（荷蘭）
PSI-20指數基金（葡萄牙）
金融時報新加坡海峽時報指數基金
約翰尼斯堡頂40指數基金（南非）
金融時報100指數基金（聯合王國）
全球網金融時報300指數基金
東京證交所房地產投資信託基金指數基金
分享一則過年期間的新聞如下:
NORTHERN TRUST TO EXIT ETF BUSINESS
CHICAGO, January 27, 2009 —Northern Trust announced today the scheduled closing of Northern Exchange Traded SharesTM (NETS) on Feb. 20, 2009.
The NETS Trust Board of Trustees' decision was made after consultation with Northern Trust Investments, N.A., the investment advisor to the 17 funds, which had approximately $33 million in assets as of December 31, 2008. The Funds were launched in 2008 and are designed to track international, single-country benchmarks.
The Board considered current market conditions, the inability of the Funds to attract significant market interest since their inception, their future viability as well as prospects for growth in the Funds' assets in the foreseeable future. The board determined that it was advisable and in the best interests of the Funds and their shareholders to liquidate the Funds, which are listed for trading on NYSE Arca, Inc.
Monday, Feb. 9, 2009, is scheduled to be the last day of trading for the shares of the Funds on NYSE Arca. Any person holding shares in the Funds after the delisting date will receive a cash distribution equal to the net asset value of their shares as determined on Feb. 20, the date of liquidation pursuant to the Funds' valuation policies. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the cancellation of their shares in the Funds.
The affected Funds are:
Operational Funds Ticker Symbol
NETS™ S&P/ASX 200 Index Fund (Australia) AUS
NETS™ BEL 20® Index Fund (Belgium) BRU
NETS™ Hang Seng China Enterprises Index Fund SNO
NETS™ CAC40® Index Fund (France) FRC
NETS™ DAX® Index Fund (Germany) DAX
NETS™ Hang Seng Index Fund (Hong Kong) HKG
NETS™ ISEQ 20™ Index Fund (Ireland) IQE
NETS™ TA-25 Index Fund (Israel) TAV
NETS™ S&P/MIB Index Fund (Italy) ITL
NETS™ TOPIX® Index Fund (Japan) TYI
NETS™ AEX-index® Fund (The Netherlands) AEX
NETS™ PSI 20® Index Fund (Portugal) LIS
NETS™ FTSE Singapore Straits Times Index Fund SGT
NETS™ FTSE/JSE Top 40 Index Fund (South Africa) JNB
NETS™ FTSE 100 Index Fund (United Kingdom) LDN
NETS™ FTSE CNBC Global 300 Index Fund MYG
NETS™ Tokyo Stock Exchange REIT Index Fund JRE
大致內容如下:
總部設在芝加哥的北方信託公司表示，將於2/20日結束旗下17個ETF。
這17個ETF總資產共約3300萬美元。
委員會認為目前的市場條件及日後發展前景,基金資產將無法吸引大量資金。
他們認為是將太少的資產分散在太多的ETF。
最後交易日是2月9日。
ETF中譯:(代號就不抄過來了)
比利時20指數基金（比利時）
S ＆ P / ASX 200指數基金（澳大利亞）
恆生國企指數基金
CAC40指數基金（法國）
DAX指數基金（德國）
恆生指數基金（香港）
ISEQ 20指數基金（愛爾蘭）
TA- 25指數基金（以色列）
S ＆ P /MIB指數基金（意大利）
東證指數基金（日本）
AEX交易代號指數基金（荷蘭）
PSI-20指數基金（葡萄牙）
金融時報新加坡海峽時報指數基金
約翰尼斯堡頂40指數基金（南非）
金融時報100指數基金（聯合王國）
全球網金融時報300指數基金
東京證交所房地產投資信託基金指數基金
-------------------翻譯告一段落----------------------------------
LINTAIYU看法:
在符合消費者需求前提下,上述ETF投資標的也沒太細小類別,且以國家指數居多,許多主動式基金也有上述類似標的,且國家指數不至歸零吧(除非國家消滅),但是這17檔ETF就是被清算了,以全球型ETF~MYG為例,成立到清算只有短短的不到三個月!!而最長的也不到一年的光景..這讓介入後套牢的投資人情何以堪?(我想長期投資卻....)
ETF在台灣尚未百花齊放,未來成長空間極大,LINTAIYU認為以投資人的個性,追求最低手續費本來也是無可厚非,手續費大戰也可能發生在ETF身上,但如同LINTAIYU在BLOG文章中總是提到流動性風險,成交量大表示交易熱絡,為投資首要!!
千萬別為了貪圖手續費的便宜,買了沒有流動性的產品.換個方向想,您會為了貪圖高一點的利息,而將您的存款放在有問題的金融機構嘛,EX.中興銀,中華銀..(假設並沒有存款保險喔),
總之,市場資金會作最有效率的運作是LINTAIYU深信的硬道理.投資可別因小失大!!誰會作賠錢的生意??
當您點入閱讀全文,無關投資,表示已同意::閱讀本文只為技術分析機率應用,與讀者投資行為無關!!;如不同意,則勿點入,一切到此為止,關閉本網頁即可!!
香魚爸您好,
回覆刪除基本上我還是相信長期投資,但成交量很重要,
如:我"非常"想投資恒中國,但其成交量令人卻
步, 很怕無法出脫.還是國外etf較佳.
另外,想請問您國外etf之成交量,以平均多少
以上為佳,另外須考量那些因素避免被清算的風險 ,
謝謝您.
(我目前想投資EQL,BBH).
LINTAIYU認為美股ETF流動性以日成交百萬股以上為優先你選的標的成交量都太小如市價賣出容易與預期差很多(滑價風險),同性質的ETF以成交量大的為首選,量太小或價格太低,發行公司規模太小都可能是清算ETF的潛在風險
回覆刪除