IJSSER

Title: STUDY ON VALUATION OF THE PRIORITY SUB-FUND
Authors: You Haixia
\|\| \|\|
You Haixia Nanjing University of Aeronautics and Astronautics, China
MLA 8 Haixia, You. "STUDY ON VALUATION OF THE PRIORITY SUB-FUND." Int. j. of Social Science and Economic Research, vol. 3, no. 3, Mar. 2018, pp. 989-998, ijsser.org/more2018.php?id=70. Accessed 2018. APA Haixia, Y. (2018, March). STUDY ON VALUATION OF THE PRIORITY SUB-FUND. Int. j. of Social Science and Economic Research, 3(3), 989-998. Retrieved from ijsser.org/more2018.php?id=70 Chicago Haixia, You. "STUDY ON VALUATION OF THE PRIORITY SUB-FUND." Int. j. of Social Science and Economic Research 3, no. 3 (March 2018), 989-998. Accessed , 2018. ijsser.org/more2018.php?id=70.
References [1]. Jin Lie. Plane based on the lever design new enclosed grading fund research [J].Economic BBS, 2009, 10, 2009-135. [2]. Lan Libing. Decomposition of the classification fund option pricing of [J]. Chinese securities futures, based on 2010, 03:26-27. [3]. Ren Xuemin. Guanghua, An index classification fund pricing model and its leverage rate of [J]. Commercial Economy, 2010, 18:017. [4]. Ma Yizhou. Research on the design and pricing method of China's classification fund [D]. Shanghai: Shanghai Jiao Tong University, 2012. [5]. Zhao Guijun. Research on the pricing method of index type stock grading fund in China market [D]. Sichuan: Yunnan University of Finance and Economics, 2014. [6]. Dai Jingxia. Research on the investment strategy of the classification fund [D]. Sichuan: Southwestern University of Finance and Economics, 2012. [7]. Yao Yanfeng. Research on the valuation method of Shen Wan income of classification fund [D]. Shanghai: Shanghai Jiao Tong University, 2013.
Abstract: Structured Funds are innovative products developed by the structured classification technique and it has been introduced to China over 10 years. Recent years, structured funds have developed rapidly, which are very eye-pleasing among all the funds. It achieved great success by designing two sub-funds for investors with different risk. Compared with the other fixed income bonds, the priority sub-fund has the advantage of higher rate of return and fewer risks. While the aggressive sub-fund has lower barriers, and with the leverage effect, it can multiply the earnings. Firstly, the paper introduced the development course and current situation of Structured Funds then explained some essential design terms of the priority sub-fund. To make readers have a preliminary understanding of the priority share of structured fund, the author studied the valuation method specially. The principle of the cash flow discount model had been introduced, and then the Guojin CSI GM 300A was chosen as an example to study. Some related parameters were simulated and so the validation was done to it. In the end, to help the investors take better choose, the paper gave some conclusions and useful advice.

IJSSER is Member of