Monday, February 11, 2008

一個基金的故事

鼠年第一個交易日就不見了八百多點,可能令不少小股民未能發新年財。除了股票,其實投資工具真的多到不得了,近期熱門的,當然是黃金、石油等,至於基金亦屬不俗的賺錢途徑。不過,有人喜歡買基金,即交錢給人管理,但就好應該要看清楚內裡底蘊。


或許聽聽一個有趣的故事。話說有投資者買了一個新興資源基金,專門投資一樣東西「水」。道理很簡單,人人要飲水,奈何水這種商品並非輕易擁有,兼且賣水已成為一盤大生意,所以石油叫黑金(black gold),水便稱為藍金(blue gold)。


單一投資的行業,好處是若該行業正吃香,而入市適當的話,便可坐享其火箭般的升值,倘與主要同業指數比較,亦能夠跑贏的話,自然就更勝人一籌。不過,壞處就是波動大,倘若失去市場焦點,即俗稱謂「唔當炒」的話,難免會受影響。


所以買這種基金外,自己安排投資多元化也是必然的。不過,若果打開基金的財務報表看看,原來基金已預先幫你做多元化的工作,因為基金經理講明股票投資組合,不會由相關指數內所有成分股組成,而所揀股份比重,亦不一定與指數所持比重一樣的。


好了,那麼這隻資源基金投資的又是甚麼呢?首先,見到一隻跨國汽車股,令人摸不著頭腦,究竟有甚麼關係?莫非是每架車都有水箱,所以要用水?


跟著就是電訊公司,但隻基金持有的,並非一隻電訊股那麼簡單,而是兩間歐洲電訊股。禤中怡「當堂」明白清楚,如果無通訊,怎知水在哪裡,所以這類股份佔比重無10%,也有9%之多,因為基金持有的股票中,還有大型超市集團股份。當然囉!且看超市內一樽樽水排列一大堆,礦泉水、蒸餾水,有氣和無氣的也有,還有甜甜的汽水啊!豈不預它一份呢!


至於金融服務業,這種資源基金當然不能放過,因為做水務的,一單deal也是大工程,涉及銀碼已經不小,定必要融資,金融企業自然幫得上手,若果能有保險服務的話,就更事半功倍,投資無憂。


故事說完,禤中怡並非叫大家甚麼基金也不買,相反是更加要買,因為由基金經理幫你搵錢,自然減少投資時間,而且基金具有國際市場的特性,可涉獵更廣闊的投資世界,能有更多的機會。不過,無論是股票抑或基金,任何投資也需加強監察,絕不可省卻檢查投資狀況的重要性。即使是手頭的物業也不能一句:「自住啫!」正如施先生所言,能夠在市場買賣活動的就是投資商品,各位讀者務必切記為上。


(2月12日刊於《am730》)

9 Comments:

At 2:10 AM, Anonymous Anonymous said...

好高興有傳播好心提醒散戶!! 因為我中過計, 所以我去年也曾經係討論區寫過.

隻基金叫 Lyxor Water Fund, 完全係扼錢!! 一隻水股都冇買, 全部買歐洲股!! 正一死奸賊, factsheet誤導我, 以為佢同水業指數掛鉤, 間中做對沖, 原來細則係話, 只係以水業指數做baseline基準, 買咩都得!! 全球好多地方07年10月係升市佢都冇升仲跌, 我睇完財務報表後即刻怒沽止蝕, 寧可蝕價都唔想蝕管理費.

以後都唔會再買Lyxor的基金.

 
At 9:37 AM, Blogger oakleyses said...

longchamp handbags, michael kors outlet, prada outlet, burberry outlet, prada handbags, oakley sunglasses cheap, jordan shoes, tory burch outlet, nike shoes, michael kors outlet, gucci outlet, louboutin outlet, longchamp outlet, kate spade handbags, air max, nike free, coach outlet store online, ray ban sunglasses, louboutin, kate spade outlet, michael kors outlet, true religion jeans, tiffany and co, coach purses, louis vuitton, tiffany and co, oakley sunglasses, louboutin, ray ban sunglasses, louis vuitton outlet stores, burberry outlet, michael kors outlet, louis vuitton outlet, michael kors outlet, coach outlet, louis vuitton handbags, longchamp handbags, polo ralph lauren outlet, chanel handbags, michael kors outlet, christian louboutin shoes, oakley sunglasses, true religion jeans, louis vuitton outlet, coach factory outlet, air max, polo ralph lauren outlet

 
At 9:37 AM, Blogger oakleyses said...

nike air max, sac louis vuitton, true religion outlet, abercrombie and fitch, sac louis vuitton, hollister, north face, nike free pas cher, sac longchamp, ray ban pas cher, air max, ray ban sunglasses, vanessa bruno, louis vuitton uk, mulberry, lululemon, sac guess, converse pas cher, michael kors, true religion outlet, michael kors, oakley pas cher, nike roshe run, polo lacoste, ralph lauren, sac burberry, nike free, michael kors pas cher, nike roshe, air max pas cher, louis vuitton, louboutin, nike tn, hogan outlet, air force, nike trainers, air jordan, longchamp, air max, polo ralph lauren, barbour, north face, hollister, timberland, nike blazer, sac hermes, vans pas cher, new balance pas cher

 
At 9:53 AM, Blogger oakleyses said...

ugg australia, canada goose jackets, soccer shoes, ferragamo shoes, celine handbags, canada goose outlet, uggs outlet, mcm handbags, lululemon outlet, p90x, wedding dresses, canada goose, marc jacobs, asics running shoes, birkin bag, instyler, soccer jerseys, giuseppe zanotti, jimmy choo outlet, rolex watches, new balance shoes, ghd, chi flat iron, nike roshe run, north face jackets, mont blanc, mac cosmetics, babyliss pro, reebok outlet, ugg boots, ugg boots, insanity workout, hollister, vans shoes, beats by dre, ugg, bottega veneta, north face outlet, valentino shoes, ugg pas cher, nfl jerseys, herve leger, canada goose, canada goose, longchamp, canada goose uk, nike huarache, abercrombie and fitch

 
At 10:01 AM, Blogger oakleyses said...

louboutin, moncler, montre homme, hollister clothing store, lancel, moncler, moncler, karen millen, vans, louis vuitton, parajumpers, moncler, juicy couture outlet, links of london, converse, air max, swarovski, supra shoes, thomas sabo, ray ban, pandora jewelry, converse shoes, oakley, canada goose, toms shoes, gucci, juicy couture outlet, pandora charms, pandora charms, swarovski crystal, moncler, rolex watches, coach outlet store online, wedding dresses, iphone 6 cases, moncler outlet, canada goose, moncler, air max, ralph lauren, baseball bats, ugg, timberland boots, hollister, hollister, ugg

 
At 11:29 AM, Blogger ninest123 Ninest said...

ninest123 11.11
iphone 5s cases, air max, insanity workout, iphone 6 plus cases, celine handbags, ghd, instyler, ralph lauren, iphone 6 cases, soccer shoes, vans, baseball bats, reebok outlet, air max, iphone 6s plus cases, asics running shoes, beats by dre, lululemon outlet, wedding dresses, babyliss pro, new balance shoes, converse, abercrombie and fitch, gucci, ipad cases, ray ban, s6 case, soccer jerseys, p90x, jimmy choo outlet, birkin bag, mont blanc, vans shoes, timberland boots, giuseppe zanotti, north face jackets, chi flat iron, oakley, iphone cases, ferragamo shoes, mcm handbags, north face outlet, mac cosmetics, herve leger, bottega veneta, nfl jerseys, abercrombie, nike roshe run, iphone 6s cases, louboutin, valentino shoes, hollister clothing store

 
At 11:36 AM, Blogger ninest123 Ninest said...

canada goose, doke gabbana, sac louis vuitton, marc jacobs, moncler outlet, sac lancel, toms shoes, ugg, louis vuitton uk, canada goose, links of london, thomas sabo, hollister, swarovski, pandora charms, canada goose jackets, pandora jewelry, converse shoes, pandora charms, moncler, barbour, rolex watches, canada goose outlet, moncler, michael kors handbags, moncler, ugg, louis vuitton, moncler, montre homme, karen millen, canada goose, pandora jewelry, sac louis vuitton, michael kors outlet, supra shoes, moncler, moncler, ugg pas cher, swarovski crystal, juicy couture outlet, moncler, canada goose, coach outlet store online, wedding dresses, ugg, canada goose, juicy couture, ugg boots, michael kors outlet online, louis vuitton, canada goose uk, barbour

 
At 11:41 AM, Blogger ninest123 Ninest said...

oakley sunglasses, louis vuitton outlet, burberry outlet, cheap uggs, louis vuitton outlet, longchamp handbags, michael kors outlet, michael kors outlet, jordan shoes, burberry outlet, ugg boots clearance, chanel handbags, louboutin outlet, michael kors outlet, polo ralph lauren outlet, christian louboutin, oakley sunglasses cheap, nike shoes, louis vuitton, air max, prada handbags, prada outlet, tiffany and co, air max, tiffany and co, ray ban sunglasses, ugg outlet, uggs, longchamp handbags, michael kors outlet online sale, ray ban sunglasses, replica watches, longchamp outlet, louis vuitton outlet stores, michael kors outlet, oakley sunglasses, cheap oakley sunglasses, uggs outlet, gucci outlet, polo ralph lauren, ray ban sunglasses, rolex watches, louis vuitton handbags, tory burch outlet, louboutin, louboutin shoes, nike free, oakley sunglasses, michael kors outlet

 
At 11:48 AM, Blogger ninest123 Ninest said...

nike air force, sac hermes, hogan outlet, michael kors, coach purses, nike trainers, nike roshe run pas cher, air max, ray ban sunglasses, air max, air jordan, coach factory outlet, vans pas cher, polo lacoste, michael kors uk, nike tn, ralph lauren, sac guess, sac burberry, polo ralph lauren, vanessa bruno, longchamp, mulberry, hollister, nike free pas cher, michael kors outlet, nike air max, nike roshe, north face, sac longchamp pas cher, hollister, air max pas cher, nike huaraches, true religion outlet, converse pas cher, ray ban pas cher, true religion jeans, timberland, nike free, new balance pas cher, oakley pas cher, coach outlet store online, longchamp, north face, true religion jeans, nike blazer, abercrombie and fitch, louboutin, michael kors pas cher, lululemon outlet online, true religion outlet
ninest123 11.11

 

Post a Comment

<< Home