FXCN ETF ke eng, ho khutla ho tloha ka 2022, sebopeho sa letlole, lichate tsa marang-rang, ponelopele. Li-ETF le lichelete tse kopanetsoeng ke lichelete tse kenyang chelete ka matlotlo, tšepe kapa thepa. Ba latela index kapa sehlahisoa se itseng haufi-ufi kamoo ho ka khonehang. Letlōle la index ke e ‘ngoe ea litsela tse molemohali bakeng sa motseteli ea sa sebetseng ea batlang ho tsetela moruong oa naha. Ho na le lichelete tse rekisoang ka phapanyetsano tse bokelloang ho latela leano le tsebahalang la matsete. FinEx China UCITS ETF – (ETF FXCN) ke eona feela ETF ho Moscow Exchange e u lumellang ho kenya letsoho kholisong ea moruo oa China.
Sebopeho sa letlole la ETF FXCN ho likarolo tsa China
Khamphani ea tsamaiso e ikemiselitse ho pheta sebopeho le sebopeho sa Solactive GBS China ex A-Shares Large & Mid Cap USD Index NTR index. Sena ha se index ea Chaena, empa ke index ea litšupiso ea mofani oa Amerika Solactive bakeng sa ho latela boitšoaro ba li-stock linaheng tse tsoetseng pele le tse tsoelang pele. Lenane lena le latela maemo a qotso ea lik’hamphani tse nang le capitalization e kholo le e mahareng. E akaretsa hoo e ka bang 85% ea likarolo tsa Chaena (ho sa kenyelelitsoe A-share tsa China). Index e baloa e le index ea kakaretso ea ho khutla, e lekantsoeng ke chelete ea ‘maraka, chelete ea index ke lidolara tsa US. Likarolo li khutliselitsoe ka botlalo. Qalong ea 2022, index e kenyelletsa lik’hamphani tse 225 tsa China. FXCN ETF e bonts’a hore ho na le li-securities tsa 233 sethaleng, tse 6 tsa tsona li na le palo ea zero. Lik’hamphani tse nang le boima bo phahameng ka ho fetisisa ho index ke tsona tsa bohlokoa ka ho fetisisa. Re bona lik’hamphani tse leshome tse holimo, linatla tse tsebahalang tsa Machaena. Halofo ea li-securities li na le karolo e ka tlase ho 0.2%. [id-caption id = “attach_13194” align = “aligncenter” wide = “892”]
- TENENTE ORD – 17,21%;
- ALIBABA GROUP HOLDING ADR REP 1 ORD – 11.3%;
- MEITUAN DIANPING-Class B – 5.38%;
- CCB ORD H – 3,36%;
- COM ADR REP 2 CL A ORD – 3.31%;
- PING AN OD H – 2.3%;
- ICBC ORD H – 2,24%;
- BAIDU ADR REP 1/10 CL A ORD – 2.13%;
- NETEASE ADR REP 25 ORD – 1,86%;
- WUXI BIOLOGICS CAYMAN INC – 1.66%.
Ka kakaretso, li-stocks tse leshome tse ka holimo li etsa hoo e ka bang halofo ea mosebetsi. Boemo bo ts’oana le ho ajoa ke indasteri, karolo ea boraro ea potefolio – likarolo tsa thepa ea bareki ea tlhokahalo e khethiloeng, hoo e batlang e le kotara ea litšebeletso tsa puisano, 17% e fanoeng indastering ea lichelete. 
Li-share ke likarolo tse rekisoang feela ka phapanyetsano ea li-stock tsa Chaena, theko ea lichelete tse tsoang linaheng tse ling e fokotsehile. Ho nkoa e le letsete le kotsi haholo.
Lenane (‘me ka hona letlole) le kenyelletsa li-stock tse bolokang lintho tse ngata:
- H-share/Red Chips (Hong Kong Exchange);
- ADR/N-share (USA);
- B-share (Shanghai le Shenzhen).
Nako ea ho etsa chelete Chaena, letlole la China ETF FXCN ho tloha Finex, na ke habohlokoa ho reka, hlahloba: https://youtu.be/xmDyKfYUWGI
Lichelete tsa FXCN li khutlisa
Litsenyehelo tsa motjhelete tsa ho tsetela ho FXCN ETF 0.9% ea NAV (letlotlo la thepa) ka selemo. Chelete ena e kenyelletsa litšenyehelo tsohle tsa letlole, khamphani e tiisa hore ena ke chelete e ngata eo motjhelete a tla e lefa. Chelete ena ha e tlosoe ho tsoa akhaonteng ea barekisi, sena se nahanoa ka mantsoe a qotsitsoeng. Bakeng sa Russia, likomishene tse joalo li nkoa e le karolelano, ha United States, lichelete tse ngata li lefisa ka makhetlo a leshome. E ka ‘na ea se ke ea bonahala e le ea bohlokoa, empa ka letsete le sa sebetseng la lilemo tse 10-30, karolo e’ ngoe le e ‘ngoe ea 1% e ka ba ea bohlokoa ho 10-30% ea meputso e lahlehileng. U lokela hape ho ela hloko khomishene ea broker bakeng sa ho reka le ho rekisa likarolo le lekhetho.
- The dynamics of quotations kenyellelitsoe index of Chinese stocks.
- leano la kabo.
- Litefiso tsa phapanyetsano.
A re hlahlobeng ntlha ea ho qetela ka hloko. Likhamphani tsa Machaena tse etsang index li shebane le yuan ea China, empa letlole la Solactive GBS le rekisoa ka lidolara tsa Amerika. Motjhelete ho Moscow Exchange a ka reka letlole la fxcn ka li-ruble le lidolara. A ka reka ka lidolara ‘me a rekisa li-ruble, kapa ka tsela e fapaneng. Haeba ruble e oela khahlanong le dollar, motjhelete a ka etsa phaello ka li-ruble, esita le haeba theko ea letlole ka lidolara e fokotseha. Ntlha ena e lokela ho nahanoa. Letlole le ntse le rekisoa ho tloha ka December 2013. Nakong ena, letlole le bontšitse 204,66% ka li-ruble le 29,66% ka lidolara tsa US. Phapang e kholo joalo e bakoa ke ho oa ha ruble ka 2014. [id-caption id = “attach_13199” align = “aligncenter” wide = “624”]
Mokhoa oa ho reka FXCN ETF
Ho tsetela moruong oa Machaena ka FXCN ETF ho tsoa Phinex, o hloka ho ba le ak’haonte ea barekisika phihlello ho Moscow Exchange. Bakeng sa ba qalang, ho na le karolo ea Reka ETF webosaeteng ea semmuso ea Phoenix, moo o ka khethang morekisi le ho bula ak’haonte. Bahoebi ba ka reka li-ETF tsa FXCN ka li-account tsa kamehla kapa tsa motho ka mong. E le hore u lokolloe lekhetho, u lokela ho boloka letlole ka lilemo tse fetang 3 ka akhaonto e tloaelehileng, kapa u khethe mofuta oa IIS B. Ho reka, o hloka ho kenya li-ruble kapa lidolara ka akhaonto. ‘Me u ka li etsa ka bobeli. Ho fumana letlole la FXCN webosaeteng ea morekisi kapa ts’ebelisong ea khoebo, o hloka ho kenya ticker “FXCN” haeba patlo e sa khutlise khoutu ea ISIN IE00BD3QFB18. Ka mor’a moo, kenya palo e lakatsehang ea likarolo, tloaelana le palo ea transaction ‘me u netefatse transaction. Theko ea hajoale e ka hlahlojoa kopong ea broker kapa webosaeteng ea Moscow Exchange https://www.moex.com/en/issue.aspx?board=TQTF&code=FXCN. Qalong ea 2022, ke li-ruble tse 3068. Bakeng sa 2022, ena ke eona feela tsela ea ho tsetela moruong oa China ho Moscow Exchange.
Litebello tsa FXCN ETF
FXCN ETF ke letlole la khale ka ho fetisisa Moscow Exchange, ka tloaelo e le e ‘ngoe ea lisebelisoa tse 10 tse tsebahalang haholo. Ho ea ka Phapanyetsano ea Moscow bakeng sa 2022, e mocheng oa 3 ho lichelete tse leshome tse ka holimo ho li-portfolio tsa lichelete tsa lichelete tsa Russia. FXCN e rekoa ka bobeli bakeng sa mefuta-futa ea li- portfolio le ka lebaka la kholo ea nako e telele ea moruo oa Chaena. Matlo a etelletseng pele a matsete le bahlahlobisisi, ho kenyeletsoa Banka ea Lefatše, ba na le maikutlo a matle ka moruo oa China. Ba lumela hore lilemong tse 10 tse tlang, lik’hamphani tsa Chaena li tla bontša kholo e kholo. Pele o kenya chelete moruong oa Chaena, hoa hlokahala ho bala likotsi.
FXCN ke letlole la tekano ‘me le sa fetohe haholo. U hloka ho e reka sebakeng se kotsi haholo. Bahoebi ba nang le kotsi e tlaase kapa e itekanetseng ha baa lokela ho kenyelletsa ho feta 13% ea FXCN, karolo ea litlamo e lokela ho ba bonyane 20%.
Ho hola GDP naheng ea China ha ho bolele hore lik’hamphani tsa kantle ho naha li tla bonts’a kholo e matla. Se ke oa lebala hore ‘Muso ona oa Bohareng o bua ka limmaraka tse ntseng li hlaha. Ho ea ka litlhoko tsa EU, lichelete tsohle tse rekisoang ka phapanyetsano li tlameha ho ngoloa e le matsete a kotsi ho tloha ho 1 ho isa ho 7, moo litekanyetso tse phahameng li bolelang kotsi e kholo. FXCN e boemong ba 6. ‘Maraka oa’ maraka oa Russia o nkoa o le kotsi, FXRL e boemong ba 5, tna ka lichelete tsa US e boemong ba 5. Moruo oa Chaena o na le mathata a mangata ao esita le litsebi li ke keng tsa li ela hloko. Ho lokela ho lebisoa tlhokomelo ho khohlano pakeng tsa US le China, boitšoaro ba ‘maraka oa Chaena bo itšetlehile ka liketso tse nkiloeng ke khabinete ea Joe Biden. Ho na le likhohlano tse fokolang tse hlakileng lipakeng tsa linaha tsena tse peli, empa leano la US le reretsoe ho senya moruo oa China. Ka 2022, ho na le monyetla o motle oa ho reka likarolo tse theko e tlaase tsa China, ho ipapisitsoe le theko e ncha e phahameng. Empa ho lokela ho hopoloa hore ho fokotseha ho ka ‘na ha tsoela pele’ me mantsoe a qotsitsoeng a ka lahleheloa ke e ‘ngoe ea 15-30%. Litheko li lokela ho etsoa ka likarolo tse lekanang ka mor’a linako tse itseng kapa ho emela ho senyeha ha karolelano ea 200 e tsamaeang holimo ho chate ea letsatsi le letsatsi.
Melemo ea FXCN
- Ke eona feela letlole la Russia le tsetelang litokong tsa China.
- Monyetla o moholo oa kholo lilemong tse leshome tse tlang.
- Ho fumaneha – theko ea karolo e le ‘ngoe e nyane, ho kenyeletsoa le fxcn.Motseteletsi ea nang le chelete leha e le efe a ka khona. Ha ho hlokahale hore u be motseteli ea tšoanelehang ho reka fxcn.
Mefokolo ea FXCN
- Potefolio e itšetlehile haholo ka matla a linatla – Alibaba le Tencent.
- ‘Maraka oa Chaena o ntse o tsoela pele, ho na le mathata, ho na le ntoa ea khoebo le United States, ha ho tsejoe hore na ke mang ea tla hlōla qetellong.
- Letlole le ngolisitsoe Ireland, ‘me haeba mathata a hlaha, batseteli ba Russia ba ke ke ba khona ho fumana tšireletso ea molao ho European Union.
- E holimo haholo, bakeng sa etf ea lefats’e: fund commissions. Batsamaisi ba tlaleha hore ha ba rera ho latela mokhoa oa lefats’e oa ho fokotsa litšenyehelo tsa batseteli. .
