{"id":253419,"date":"2019-01-25T18:09:33","date_gmt":"2019-01-26T02:09:33","guid":{"rendered":"https:\/\/nai500.com\/?p=253419"},"modified":"2019-01-25T18:09:33","modified_gmt":"2019-01-26T02:09:33","slug":"%e6%8a%95%e8%b3%87%e4%b8%8d%e5%8f%97%e9%97%9c%e6%b3%a8%e7%9a%84%e9%80%99%e9%a1%9e%e8%82%a1%e7%a5%a8%e5%8f%af%e9%95%b7%e6%9c%9f%e8%b7%91%e8%b4%8f%e6%8c%87%e6%95%b8","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2019\/01\/%e6%8a%95%e8%b3%87%e4%b8%8d%e5%8f%97%e9%97%9c%e6%b3%a8%e7%9a%84%e9%80%99%e9%a1%9e%e8%82%a1%e7%a5%a8%e5%8f%af%e9%95%b7%e6%9c%9f%e8%b7%91%e8%b4%8f%e6%8c%87%e6%95%b8\/","title":{"rendered":"\u6295\u8cc7\u4e0d\u53d7\u95dc\u6ce8\u7684\u9019\u985e\u80a1\u7968\u53ef\u9577\u671f\u8dd1\u8d0f\u6307\u6578"},"content":{"rendered":"

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\u5e02\u503c<\/strong><\/td>\n\u5e74\u56de\u5831\u7387<\/strong><\/td>\n\u6a19\u6e96\u5dee<\/strong><\/td>\n<\/tr>\n
\u7b2c\u4e00\u500b\u5341\u5206\u4f4d\u6578\uff08\u5e02\u503c\u6392\u540d\u524d<\/strong>10%<\/strong>\uff09<\/strong><\/td>\n9.6%<\/td>\n19.1<\/td>\n<\/tr>\n
\u7b2c\u4e8c\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11%<\/td>\n21.7<\/td>\n<\/tr>\n
\u7b2c\u4e09\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.3%<\/td>\n23.5<\/td>\n<\/tr>\n
\u7b2c\u56db\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.3%<\/td>\n25.8<\/td>\n<\/tr>\n
\u7b2c\u4e94\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.7%<\/td>\n26.6<\/td>\n<\/tr>\n
\u7b2c\u516d\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.8%<\/td>\n27.7<\/td>\n<\/tr>\n
\u7b2c\u4e03\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.7%<\/td>\n29.8<\/td>\n<\/tr>\n
\u7b2c\u516b\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n11.9%<\/td>\n33.3<\/td>\n<\/tr>\n
\u7b2c\u4e5d\u500b\u5341\u5206\u4f4d\u6578<\/strong><\/td>\n12.1%<\/td>\n36.3<\/td>\n<\/tr>\n
\u7b2c<\/strong>10<\/strong>\u500b\u5341\u5206\u4f4d\u6578\uff08\u5e02\u503c\u6392\u540d\u6700\u672b<\/strong>10%<\/strong>\uff09<\/strong><\/td>\n14%<\/td>\n45.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u4f86\u6e90\uff1aIbbotson Associates<\/p>\n

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\u5c0f\u76e4\u80a1\u7684\u512a\u52e2<\/strong><\/p>\n

    \n
  1. \u95dc\u6ce8\u5ea6\u4f4e<\/strong>\u3002\u83ef\u723e\u8857\u7531\u624b\u63e1\u9245\u8cc7\u7684\u6a5f\u69cb\u6295\u8cc7\u8005\u63a7\u5236\u8457\u3002\u6309\u7167\u898f\u5b9a\uff0c\u5927\u591a\u6578\u516c\u52df\u57fa\u91d1\u4e0d\u5f97\u7528\u8d85\u904e5%\u8cc7\u91d1\u6295\u8cc7\u540c\u4e00\u5bb6\u516c\u53f8\uff0c\u6216\u8005\u6301\u6709\u540c\u4e00\u5bb6\u516c\u53f8\u8d85\u904e10%\u7684\u6d41\u901a\u80a1\u3002\u64c1\u6709\u6578\u5341\u5104\u8cc7\u91d1\u7684\u57fa\u91d1\u901a\u5e38\u4e0d\u6703\u6295\u8cc7\u4e00\u500b\u5e02\u503c\u57285\u5104\u4ee5\u4e0b\u7684\u516c\u53f8\uff0c\u56e0\u70ba\u9019\u4e9b\u57fa\u91d1\u4e00\u65e6\u6295\u8cc7\u5c0f\u76e4\u80a1\uff0c\u5fc5\u5c07\u5f15\u8d77\u5c0f\u76e4\u80a1\u80a1\u50f9\u5927\u5e45\u6ce2\u52d5\u3002<\/li>\n
  2. \u6210\u9577\u66f4\u5feb<\/strong>\u3002\u5927\u578b\u516c\u53f8\u6bcf\u5e74\u90fd\u67091000\u5104\u7f8e\u5143\u751a\u81f3\u4ee5\u4e0a\u7684\u71df\u6536\uff0c\u4f46\u9019\u985e\u516c\u53f8\u901a\u5e38\u589e\u9577\u7de9\u6162\uff0c\u9019\u6a23\u7684\u5de8\u7378\u8981\u8017\u8cbb\u5f88\u9577\u6642\u9593\u624d\u80fd\u8b93\u9019\u500b\u91cf\u7d1a\u7684\u696d\u7e3e\u7ffb\u4e00\u756a\u3002\u76f8\u6bd4\u800c\u8a00\uff0c\u5c0f\u516c\u53f8\u7684\u92b7\u552e\u984d\u589e\u9577\u5f97\u66f4\u5feb\uff0c\u53ef\u4ee5\u9577\u6642\u9593\u4fdd\u6301\u9ad8\u901f\u589e\u9577\uff0c\u9019\u662f\u56e0\u70ba\u5c0f\u516c\u53f8\u7684\u92b7\u552e\u984d\u57fa\u6578\u4f4e\u3002<\/li>\n
  3. \u98a8\u96aa\u66f4\u5927<\/strong>\u3002\u4efb\u4f55\u91d1\u878d\u985e\u66f8\u7c4d\u90fd\u6703\u544a\u8a34\u4f60\u98a8\u96aa\u548c\u6536\u76ca\u606f\u606f\u76f8\u95dc\uff0c\u81f3\u5c11\u9577\u671f\u4f86\u8aaa\u662f\u9019\u6a23\u3002\u5c0f\u516c\u53f8\u7ba1\u7406\u5c64\u901a\u5e38\u7f3a\u4e4f\u7ba1\u7406\u7d93\u9a57\uff0c\u9084\u7f3a\u5c11\u8cc7\u91d1\uff0c\u9019\u4f7f\u5f97\u5c0f\u516c\u53f8\u7684\u9810\u671f\u6bd4\u8d77\u90a3\u4e9b\u77e5\u540d\u8001\u724c\u7684\u85cd\u7c4c\u516c\u53f8\u7f3a\u4e4f\u78ba\u5b9a\u6027\u3002<\/li>\n<\/ol>\n

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    \u5c0f\u76e4\u80a1\u9078\u64c7\u6a19\u6e96\uff1a<\/strong><\/p>\n

      \n
    1. \u5c0f\u76e4\u80a1\u5e02\u503c<\/strong>\uff1a\u6309\u7167Ibbotson\u76842007\u5e74\u5e74\u9452\uff0c\u5e02\u503c\u6700\u5c0f\u768410%\u516c\u53f8\u4e2d\u6700\u5927\u516c\u53f8\u5e02\u503c\u53ea\u6709$3.14\u5104\uff0c\u8207\u5927\u76e4\u80a1\u76f8\u6bd4\u5c31\u662f\u4e5d\u725b\u4e00\u6bdb\u3002Morningstar\u8ddf\u8e64\u7684\u5c0f\u76e4\u80a1\u57fa\u91d1\u6240\u6295\u8cc7\u7684\u516c\u53f8\u5e02\u503c\u5747\u503c\u70ba$12\u5104\u3002$12\u5104\u5e02\u503c\u53ef\u4ee5\u5728Ibbotson\u6392\u540d\u4e2d\u4f4d\u5217\u7b2c\u4e03\u500b\u5341\u5206\u4f4d\u4e2d\u3002\u6b64\u985e\u516c\u53f8\u7684\u56de\u5831\u9ad8\u65bc\u6a19\u666e500\u6307\u6578\uff0c\u540c\u6642\u6ce2\u52d5\u6027\u4f4e\u65bc\u5fae\u76e4\u80a1\u3002\u5927\u591a\u6578\u6295\u8cc7\u8005\u53ef\u4ee5\u63a5\u53d7\u6b64\u985e\u80a1\u7968\u3002<\/li>\n<\/ol>\n

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        \n
      1. \u5167\u90e8\u4eba\u58eb\u6301\u80a1\u6bd4\u4f8b<\/strong>\uff1a\u7ba1\u7406\u5c64\u7d93\u9a57\u8c50\u5bcc\u7684\u516c\u53f8\u66f4\u5bb9\u6613\u6210\u529f\uff0c\u4e5f\u66f4\u53d7\u6295\u8cc7\u8005\u9752\u775e\u3002\u53ef\u4ee5\u5728\u96c5\u864e\u8ca1\u7d93\u67e5\u8a62\u6b64\u985e\u6301\u80a1\u4fe1\u606f\u3002<\/li>\n
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