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继瑞银华宝、野村证券成为准合格境外投资机构者(QFII)之后,第二批QFII如摩根斯丹利等也已推出。与此同时,六家基金管理公司已陆续签定了社保基金授权委托投资协议。受此鼓舞,股指重返年线,不少投资者欢欣鼓舞,认为大牛市序幕即将拉开,那么社保基金、QFII资金的入市果真有如此灵验吗?—、新增资金规模难以很快放大就社保基金而言,目前所公开的大致入市金额为160亿,主要投资于股票和部分企业债。从社保基金的性质看,由于是老百姓的养命钱,因此其安全性至关重要。按照有关规定,其银行存款和国债投资比例不得少于50%。由此可见,社保基金总体操作思路应是在保证本金安全的基础上实现保值增值。
Following the success of UBS Warburg Plc and Nomura Securities as QFIIs, the second batch of QFIIs such as Morgan Stanley has also been launched. At the same time, six fund management companies have gradually signed the Social Security Fund authorized commissioned investment agreement. Encouraged by this, the stock index to return to the line, many investors rejoice, that the big bull market is about to start, then the social security funds, QFII funds into the market really so smart? - The scale of new funds is difficult to enlarge soon In the case of social security funds, the current market capitalization is about 16 billion yuan, mainly for stocks and some corporate bonds. From the nature of social security funds, because it is the people’s money for their own lives, so its security is crucial. According to the relevant regulations, the proportion of bank deposits and treasury bonds should not be less than 50%. Thus, the overall operation of social security funds should be based on the principle of ensuring the principal security to increase the value.