Hoʻokomo kālā ma UCITS: wehewehe, ʻauhau a me ka hana

Hoʻokomo kālā i nā kālā like ʻole: The ʻO UCITS (Undertakings for Collective Investment in Transferable Securities) he mau huahana kālā maikaʻi loa, a no ka pōmaikaʻi iā lākou, he mea naʻauao ke hana mua i kāu noiʻi. ʻOiaʻiʻo, inā ʻoe e noʻonoʻo nei e hoʻokomo i ka UCITS, eia kekahi ʻike e kōkua iā ʻoe e hoʻomaopopo iā lākou a hoʻomaka ma ka wāwae ʻākau.

He aha ka UCITS?

Les ʻO UCITS (Undertakings for Collective Investment in Transferable Securities) he mau hui a i ʻole kālā nona ke kuleana e hoʻopukapuka kālā i hōʻiliʻili ʻia mai nā mea hoʻopukapuka.

• ʻO ka pahuhopu o kēia mau hui, ʻo ia ke kūkulu ʻana i kahi kōpili o nā securities market stock, ʻoi aku ka nui o nā securable transferable.
• Hoʻokele ʻia kēia mau huahana kālā e nā ʻoihana hoʻokele, no laila e ʻoi aku ka maikaʻi o lākou.
• Inā he kanaka a he hui paha ʻoe, hiki iā ʻoe ke hoʻopukapuka i kēia mau huahana a paʻa pū me nā mea hoʻopukapuka ʻē aʻe.
• Ma ka lawe ʻana i ka hoihoi i kēia, hiki iā ʻoe ke lilo i mea nona nā waiwai kālā ma ke ʻano o nā waihona a i ʻole nā ​​​​mea paʻa.

ʻO nā ʻano like ʻole o ke kālā Mutual ma

Ma muli o ko lākou ʻano kānāwai, ʻokoʻa mākou:

• Les ʻO UCITS a me SICAV nā ʻoihana hoʻopukapuka me nā ʻoihana hoʻololi. ʻOiaʻiʻo, he hui lehulehu lākou a i ʻole nā ​​​​hui hui hui maʻalahi (SAS) me ke ʻano kānāwai, e hāʻawi ana i kēlā me kēia mea hoʻopukapuka kuleana e ʻōlelo.
• UCITS FCP a i ʻole nā ​​kālā hoʻopukapuka maʻamau. Hoʻokele ʻia e kahi hoʻonohonoho hoʻokele, ʻo ka FCP he kuleana hui o nā securable transferable a ʻaʻohe ona ʻano kānāwai.

Eia kahi papa e hōʻuluʻulu ana i ka ʻokoʻa ma waena o OPCVM SICAV a me OPCVM FCP:

ʻO nā ʻāpana like ʻole o UCITS

UCITS Hana

• Pono ka 60% o nā waiwai o nā kālā like ʻole e mālama ʻia ma ke ʻano o nā ʻāpana.
• ʻO 40% o nā waiwai i koe i hoʻokomo ʻia i nā securities liʻiliʻi.
• Pahuhopu: e loaʻa i kahi hoʻihoʻi liʻiliʻi a paʻa.
• Ka pāpā ʻana i ke kūʻai ʻana i kāu mau ʻāpana e loaʻa kālā.
• Hiki ke hoʻololi i kāu mau ʻāpana no nā ʻāpana palekana i ka wā o ke kaumaha o ka hana mākeke.

UCITS Bona

• ʻO ka palapala hoʻopaʻa he huahana kālā paʻa a emiʻole ka pilikia ma mua o kahi waihona.
• Hoʻopuka ʻia ia ma ka manawa waena a i ʻole ka lōʻihi e kahi hui pilikino a lehulehu paha.
• E like me nā ʻāpana, ʻaʻole pilikia ʻole ka waihona kālā pili.

Makeke Dala Hui

• Ua kapa ʻia hoʻi ʻo treasury bonds, hoʻopuka ʻia nā kālā hui kālā e kekahi Mokuʻāina, kahi hui a i ʻole kahi hui kālā.
• ʻO kāna kumu ka loaʻa ʻana o nā hōʻaiʻē hōʻaiʻē no ka wā pōkole.
• Ke hoʻopuka ʻia nei i ka wā pōkole, ʻoi aku ka maikaʻi o kēia mau hōʻaiʻē hōʻaiʻē e hōʻoiaʻiʻo i kahi hoʻopukapuka paʻa.
• ʻAʻole like me nā UCITS ʻē aʻe, haʻahaʻa loa kā lākou uku.

UCITS ʻē aʻe

• ʻAʻole pili nā UCITS ʻē aʻe a i ʻole nā ​​kālā hoʻokele lehulehu ʻē aʻe i ka loli o ka mākeke kūʻai.
• ʻO ka hoʻokomo kālā ʻana i kēia ʻāpana o ka hui kālā e hāʻawi i nā pilikia hou aʻe a he legion nā kūlana komo.

Huahelu UCITS

• Ua kapa ʻia hoʻi nā kālā formula, hoʻopuka ʻia ka formula UCITS no kahi manawa kikoʻī (ma waena o 6 a me 8 mau makahiki).
• Hiki i ka lawe ʻana, ma ka hapa a i ʻole ka piha, o ka hoʻopukapuka kālā ma ka hopena o kēia manawa.
• Hiki ke kūʻai hou aku i nā ʻāpana ma ka hopena o ka manawa hoʻopukapuka.
• Hiki ke kūʻai aku i kāu mau ʻāpana ma ka pūnaewele ma opcvm360 a i ʻole ma kahi kahua ʻē aʻe.
• ʻO ka pilikia o ka lilo ʻana o kāu ʻāpana kālā mua ma ke kūʻai wikiwiki ʻana i kāu mau ʻāpana.
• Hoʻoikaika nui ʻia ka hana ʻana o nā kālā like ʻole e pili ana i ka formula e ka hoʻohana ʻana i nā formula makemakika.

UCITS like ole

• Aia kēia māhele i kahi hapa nui o ka UCITS.
• Loaʻa i nā ʻāpana āpau a me nā hōʻaiʻē ʻaiʻē ʻaʻole i hoʻoponopono ʻia.

ʻO ka ʻauhau pili i nā hoʻopukapuka kālā ma UCITS

Ma ka hana ʻana i kahi hoʻopukapuka ma kahi huahana mākeke kūʻai ma kahi SICAV a i ʻole FCP, e loaʻa iā ʻoe ʻelua ʻano kālā ʻauhau:

• ʻO ka mea mua, loaʻa mai nā ʻāpana a i ʻole nā ​​​​coupon a me nā loaʻa mai nā mea paʻa a i ʻole nā ​​​​coupon paʻa
• A laila, loaʻa ka waiwai kālā ma hope o ke kūʻai ʻana i kahi palekana.

He aha nā Avantages a me nā palena o kahi hoʻokomo kālā ma UCITS?

Pehea e hana ai ka hui kālā?

ʻO ka hoʻopuka a me ke kūʻai ʻana o nā ʻāpana i kahi UCITS ke kumu o kāna hana. No laila, ma mua o kekahi hana i hana ʻia e kahi UCITS, pono e paʻi ʻia ka prospectus ʻike. Loaʻa kēia i nā ʻike like ʻole, me:

• ʻO ka hōʻike ʻana o kahui hoʻokomo kālā i nā securable transferable
• ʻIke e pili ana i nā alakaʻi
• ʻO ke kulekele hoʻokomo
• ʻŌlelo kau inoa
• Uku komisina

ʻO wai ka mea nāna e mālama i nā kālā like ma ka mākeke?

En kuai waiwai, ka Mālama ʻia nā kālā UCITS e nā hui hoʻokele waiwai e uku ana i nā uku like ʻole no kēia lawelawe. No laila, loaʻa i kēia mau ʻoihana ka ʻike kūpono e hoʻokele i kēia mau kālā a hoʻihoʻi mai. I ka hoʻihoʻi, pono ʻoe e uku i ke komo ʻana o ka ʻoihana hoʻokele waiwai, hoʻokele, puka, a me nā uku ʻē aʻe.

He aha nā kālā hui maikaʻi loa ma ?

Eia ka 5 mau kālā hoʻokō maikaʻi loa i nā makahiki he 10 i hala iho nei:

1. ʻO Morgan Stanley Investment Fund
2. Nā Waihona JPMorgan
3. BlackRock Global Funds
4. ʻO Morgan Stanley Investment Fund
5.  ʻO Franklin Technology Fund

Pehea e loaʻa ai ke kālā Mutual ma ka Stock Exchange?

No ke kūʻai ʻana iā UCITS, pono ʻoe e noʻonoʻo i kāu ʻaoʻao mea hoʻopukapuka a, ma luna o nā mea a pau, e koho pono i kāu mea kūʻai kālā. No laila, ka alakaʻi nui i ka loaʻa ʻana o a ʻO ka UCITS:

Ke koho ʻana i kāu Envelope kālā: Securities Account a me PEA

I mea e hana ai i kahi hoʻopukapuka UCITS, pono ʻoe e koho i kahi envelop ʻauhau a i ʻole kahi kaʻa hoʻopukapuka. Eia naʻe, hana ʻia kēia ma ka mākeke kālā. Eia hou, hiki i ka mea mālama ke hoʻopukapuka kālā ma kā lākou panakō a i ʻole me kahi mea hoʻolaha pūnaewele, ma ka wehe ʻana i kahi moʻokāki palekana a i ʻole PEA.

Poʻo inoa moʻokāki

ʻO ka hoʻopukapuka kālā me kahi moʻokāki palekana e hiki ai ke koho palena ʻole o nā kālā waiwai honua (ʻEulopa, ʻAmelika Hui Pū ʻIa, ʻAsia, a me nā mea ʻē aʻe), nā paʻa, nā kālā mākeke kālā a i ʻole nā ​​​​kālā ʻokoʻa. No laila, nā mea a pau Ua kūpono nā kālā UCITS ma ka mākeke no nā waihona palekana.

Ua like ka ʻauhau me nā mea mālama kālā ʻē aʻe. Hoʻokomo ʻia ka loaʻa kālā a me ka loaʻa kālā ma ka pālākiō ʻauhau loaʻa.

PEA

Le PEA a i ʻole Share Savings Plan ke kū nei i ka mahalo i kāna ʻauhau. Hoʻokuʻu ʻia ka ʻauhau kālā ma hope o 5 mau makahiki. Eia naʻe, no ka pōmaikaʻi mai kēia hoʻokuʻu ʻana, ʻaʻole pono e hoʻihoʻi ʻia mai ka PEA i nā makahiki 5 mua. Eia hou, ka Ua kaupalena ʻia nā haʻawina i kahi PEA i 150.000 euros.

Eia kekahi, ʻaʻole kūpono nā kālā he nui no kēia envelope. Hiki ke waiho ʻia nā kālā i hoʻokomo ʻia ma kahi o 75% i nā ʻāpana o nā hui i hoʻokumu ʻia i ka European Union i kahi PEA.

ʻO wai ka UCITS Investment Fund pono ʻoe e hoʻokomo i loko?

Hoʻokomo ʻia kekahi mau koina i ke koho ʻana i kahi waihona kālā UCITS. Ma keʻano kūikawā, hoʻokaʻawale mākou:

• ʻO kāu moʻolelo pilikino
• ʻO kāu mau pahuhopu waiwai
• ʻO kāu hiki kālā lōʻihi

I mea e hana ai i kahi koho naʻauao, hiki iā ʻoe ke hilinaʻi i ke kōkua o ka mea kūʻai kālā, akā ma ka Key Investor Information Document a i ʻole KIID. ʻO ka palapala i hoʻolālā ʻia e ka AMF, pono ia ke koho ʻoe i kahi UCITS. Hāʻawi kēia palapala iā ʻoe i ka ʻike ma:

• ʻO ka ratio pilikia / hoʻihoʻi e hiki ai iā mākou ke loiloi i ke kiʻekiʻe o ka pilikia o kēlā me kēia hoʻopukapuka.
• ʻO nā kumukūʻai like ʻole o UCITS
• ʻO ka lōʻihi o ka manawa i koi ʻia no kahi hoʻopukapuka e lilo i waiwai
• Nā ʻano huahana kālā
• ʻO ke ola o ka UCITS a me ka manawa paʻa o ke kapikala hoʻopukapuka
• Hana mua o kaUCITS.

No ka ʻike ʻana i kahi huahana e hoʻokomo ai ma ka mākeke kūʻai, hiki iā ʻoe ke hoʻohana i ka ʻenekini huli OPVC 360. Hoʻopili ʻo ia i ka ʻike pili ma mua o 50,000 mau kālā hoʻopukapuka.

He aha nā uku i loaʻa i loko o ka Stock Market Mutual Funds?

Ma ke koho ʻana i kahi huahana kālā, e kau ʻia ʻoe i nā uku like ʻole. ʻIke ʻia ka helu AMF i ke ʻano o ʻekolu ʻano uku, ʻo ia hoʻi:

• ʻO nā uku komo, ʻokoʻa ka helu ma waena o 0 a me 5% o ke kapikala i hoʻokomo ʻia.
• ʻO nā koina hoʻomau a i ʻole nā ​​uku hoʻokele a me nā uku hana paha
• Uku haʻalele a i ʻole e like me nā envelopes.

Ka hopena - He manaʻo maikaʻi ka hoʻokomo ʻana i kahi waihona kālā?

He manaʻo maikaʻi ka hoʻokomo ʻana i kahi waihona kālā inā makemake ʻoe e hana i kahi hoʻopukapuka. Manaʻo ʻia lākou he mau hoʻopukapuka paʻa me ka haʻahaʻa haʻahaʻa i kāu kapikala. Eia kekahi, makemake ʻia ʻo UCITS i nā hoʻopukapuka pōkole me ka lōʻihi o 2 mau makahiki a me ka liʻiliʻi o 2 a i ʻole 3 mau mahina.

ʻO nā ʻano like ʻole a me nā ʻano UCITS e ʻae i kahi koho ākea no nā mea hoʻopukapuka. ʻOkoʻa ka ʻauhau a me ka ʻauhau ma muli o kāu envelop kālā e hoʻonui i kāu mau loaʻa. No laila, inā makemake ʻoe e hoʻokomo i kahi UCITS, ʻoi aku ka maikaʻi e koho pono i kāu envelop waena a me ke kālā.

No ke aha e hoʻokomo ai i ka UCITS?

No ka mea, loaʻa iā lākou nā ʻano huahana like ʻole e ʻae iā ʻoe e ʻike i ka pane i kahi pahuhopu a me kahi pae o ka pilikia i koho mua ʻia. - Nā lula hoʻopukapuka pololei e hoʻololi ana i nā pilikia. - He kumu hoʻopukapuka i hoʻonohonoho ʻia ma ka prospectus huahana.

ʻO wai ka mea hoʻopukapuka ma UCITS?

ʻO ka luna o ka hui, ʻo ia hoʻi kahi hui hoʻokele i ʻae ʻia, hoʻopukapuka kālā i nā inoa o nā mea mālama kālā ma nā mākeke kālā ma ke kūʻai ʻana a kūʻai aku i nā waiwai kālā e like me nā ʻāpana a i ʻole nā ​​​​paʻa.

❓He aha ka UCITS?

ʻO Collective Investment Organization in Transferable Securities (UCITS) he hui kālā nona ka manaʻo: E hōʻiliʻili i nā waihona mai nā mea hoʻopukapuka e hoʻokomo iā lākou i nā securities hiki ke hoʻololi ʻia e like me nā pae hoʻohālike i wehewehe maikaʻi ʻia. ʻO kēia ka mea e hiki ai ke kūkulu i kahi waihona o nā palekana.