Exponential investment-investment with clear rules and clear positions

Source: Internet
Author: User

Exponential investment-investment with clear rules and clear positions

Historical data in the United States proves that only about 20% of funds can beat the market (S & P 500). It is concluded that exponential investment should be made, and ETF is popular in the market with its unique advantages. "Exponential investment refers to investing in a variety of stocks (or bonds or futures) based on the weight of an index to form a portfolio investment that disperses investment risks ."

What puzzles me is that there are a wide variety of indexes currently. Just CSI has launched a series of indexes, and recently launched the super index. At present, there are not many indexes, and the difference is obviously easy for investors to choose index investment (index-based funds). However, as the number of indexes increases, or the number of diversified indexes keeps increasing, there are also many index companies that use historical data to prove that their self-developed indexes are better than existing ones, such as Rafi fundamental indexes.

Exponential investment is only a type of investment with clear rules and clear positions, or a combination of open options. Stock selection methods and weights are clearly determined. Exponential investment is full. It determines the three essential aspects of a portfolio, including the configuration of major asset categories, stock configurations, that is, positions, stock types, and individual stock weights. Or in the future, there will actually be similar foreign products that control stock positions based on a certain indicator.

Investment with clear rules and clear positions should be a direction of investment development.

Appendix:

CSI series index list

CSI index list

Index name Baseline date Reference Points Number of constituent stocks Pricing Profit quotations
Scale Index
Shanghai and Shenzhen 300 2004-12-31 1000.0 300
Medium certificate 100 2005-12-30 1000.0 100
Medium certificate 200 2004-12-31 1000.0 200
Medium certificate 500 2004-12-31 1000.0 500
Medium certificate 700 2004-12-31 1000.0 700
Medium certificate 800 2004-12-31 1000.0 800
Industry Index
300 energy 2004-12-31 1000.0 --
300 Materials 2004-12-31 1000.0 --
Industry 300 2004-12-31 1000.0 --
300 optional 2004-12-31 1000.0 --
300 consumption 2004-12-31 1000.0 --
300 medicine 2004-12-31 1000.0 --
Finance 300 2004-12-31 1000.0 --
300 Information 2004-12-31 1000.0 --
China Telecom 300 2004-12-31 1000.0 --
300 public 2004-12-31 1000.0 --
Style Index
300 Growth 2004-12-31 1000.0 --
300 value 2004-12-31 1000.0 --
300r Growth 2004-12-31 1000.0 --
300r Value 2004-12-31 1000.0 --
Bond Index
CSI full debt 2002-12-31 100.0 --
CSI 3 Debt 2002-12-31 100.0 --
CSI 7 debt 2002-12-31 100.0 --
CSI 10 debt 2002-12-31 100.0 --
CSI 10 + debt 2002-12-31 100.0 --
CSI national debt 2002-12-31 100.0 --
CSI Financial Bonds 2002-12-31 100.0 --
CSI enterprise debt 2002-12-31 100.0 --
CSI comprehensive debt 2002-12-31 100.0 --
CSI 1 Debt 2002-12-31 100.0 --
Central Bank ticket 2002-12-31 100.0 --
Central Bank ticket 1 2002-12-31 100.0 --
Central Bank ticket (1-3) 2002-12-31 100.0 --
Moderate certificate shortage 2002-12-31 100.0 --
CSI short debt 2002-12-31 100.0 --
Shanghai company debt 2007-12-31 100.0 --
Shanghai separated debt 2007-12-31 100.0 --
Theme Index
Well-off Index 2005-12-30 1000.0 30
CSI dividend 2004-12-31 1000.0 100
Everbright sunshine 2004-12-31 1000.0 100
CSI State-owned Enterprises 2008-12-31 1000.0 --
State-owned enterprises 100 2008-12-31 1000.0 --
Fundamentals Index
Fundamentals 50 2004-12-31 1000.0 --
Other Indexes
Medium certificate Circulation 2005-12-30 1000.0 --
Global Index
Hong Kong 100 2004-12-31 1000.0 100
Hong Kong 100 h 2004-12-31 1000.0 100
Non-Hong Kong Mainland 2004-12-31 1000.0 --
Non-Hong Kong Mainland USD 2004-12-31 1000.0 --
Mainland Hong Kong 2004-12-31 1000.0 --
HKD in Hong Kong 2004-12-31 1000.0 --
Overseas Mainland 2004-12-31 1000.0 --
Overseas mainland USD 2004-12-31 1000.0 --
Outside China 2004-12-31 1000.0 --
Non-Overseas USD 2004-12-31 1000.0 --
Non-Taiwan shares 2004-12-31 1000.0 --
Non-Taiwan China Stock USD 2004-12-31 1000.0 --
Fund index
CSI Fund 2002-12-31 1000.0 --
Stock fund 2002-12-31 1000.0 --
Hybrid Fund 2002-12-31 1000.0 --
Bond Fund 2002-12-31 1000.0 --
ETF fund 2005-12-30 1000.0 --
Monetary Fund 2005-12-30 1000.0 --
QDII fund 2007-12-31 1000.0 --

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