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厌倦了千篇一律投资于股市的阳光私募基金?不妨看看当前市场中另一种主要投资于商品市场、期货市场和期权市场的新型基金——管理期货CTA基金。国内私募基金的投资领域主要集中于股票市场,但由于国内股票市场交易制度较为独特,主要表现为T+1交易制度,做空机制匮乏,难以运用杠杆等特点。这些特点使得私募基金在国内股票市场的投资过程中,只能采取单向做多并持仓多日的投资方式。这直接导致了国内多数私募证券投资基金在投资决策时依赖于传统的财务分析及基本面研究,投资策略较为单一。
Tired of thousands of Solely Private Equity funds investing in the stock market? Take a look at another of the current markets, a new type of fund that invests mainly in commodities, futures markets and options markets - the Futures CTA Fund. Domestic private equity funds invest mainly in the stock market. However, due to the unique trading system in the domestic stock market, the main performance is the T + 1 trading system, lack of short mechanism and difficulty in using leverage. These characteristics make private equity funds in the domestic stock market investment process, only one way to take and hold positions for many days of investment. This directly led to the majority of domestic private equity investment funds rely on the traditional financial analysis and fundamentals in the investment decision-making, investment strategy is more single.