»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê
»ù½ðÁª½Ó»ù½ð
¸üеÄÕÐļ˵Ã÷Êé
(2020ÄêµÚ2ºÅ)
»ù½ð¹ÜÀíÈË£º»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
»ù½ðÍйÜÈË£ºÖйú½¨ÉèÒøÐйɷÝÓÐÏÞ¹«Ë¾
¶þÁã¶þÁãÄêÊ®¶þÔÂ
ÖØÒªÌáʾ
»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù½ð£¨ÒÔϼò³Æ¡°±¾»ù
½ð¡±£©ÓÉ»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸Êý֤ȯͶ×Ê»ù½ð£¨LOF£©×ªÐͶøÀ´£¬²¢¾Öйú
Ö¤¼à»á2018Äê8ÔÂ14ÈÕÖ¤¼àÐí¿É¡¾2018¡¿1326ºÅÎÄ×¼Óè×¢²á¡£×Ô»ª°²ÖÐÖ¤¶¨ÏòÔö
·¢Ê¼þÖ¸Êý֤ȯͶ×Ê»ù½ð£¨LOF£©ÖÕÖ¹ÉÏÊÐÖ®ÈÕÆ𣬡¶»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸
Êý֤ȯͶ×Ê»ù½ð£¨LOF£©»ù½ðºÏͬ¡·Ê§Ð§£¬¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊýÖ¤
ȯͶ×Ê»ù½ðÁª½Ó»ù½ð»ù½ðºÏͬ¡·ÉúЧ£¬»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸Êý֤ȯͶ×Ê»ù½ð
£¨LOF£©ÕýʽתÐÍΪ»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù½ð¡£±¾
»ù½ð»ù½ðºÏͬ×Ô2018Äê11ÔÂ8ÈÕÕýʽÉúЧ¡£
±¾»ù½ð¹ÜÀíÈ˱£Ö¤ÕÐļ˵Ã÷ÊéµÄÄÚÈÝÕæʵ¡¢×¼È·¡¢ÍêÕû¡£
±¾ÕÐļ˵Ã÷Êé¾ÖйúÖ¤¼à»á×¢²á£¬µ«ÖйúÖ¤¼à»á¶Ô»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸
Êý֤ȯͶ×Ê»ù½ð£¨LOF£©×ªÐÍΪ±¾»ù½ðµÄ±ä¸ü×¢²á£¬²¢²»±íÃ÷Æä¶Ô±¾»ù½ðµÄͶ×Ê
¼ÛÖµ¡¢ÊÕÒæºÍÊг¡Ç°¾°×÷³öʵÖÊÐÔÅжϻò±£Ö¤£¬Ò²²»±íÃ÷Ͷ×ÊÓÚ±¾»ù½ðûÓзçÏÕ¡£
±¾»ù½ðͶ×ÊÓÚ֤ȯÊг¡£¬»ù½ð¾»Öµ»áÒòΪ֤ȯÊг¡²¨¶¯µÈÒòËزúÉú²¨¶¯£¬Í¶
×ÊÕßÔÚͶ×ʱ¾»ù½ðÇ°£¬Ó¦È«ÃæÁ˽Ȿ»ù½ðµÄ²úÆ·ÌØÐÔ£¬ÀíÐÔÅжÏÊг¡£¬²¢³Ðµ£»ù
½ðͶ×ÊÖгöÏֵĸ÷Àà·çÏÕ£¬°üÀ¨£ºÒòÕþÖΡ¢¾¼Ã¡¢Éç»áµÈ»·¾³ÒòËضÔ֤ȯ¼Û¸ñ²ú
ÉúÓ°Ïì¶øÐγɵÄϵͳÐÔ·çÏÕ£¬¸ö±ð֤ȯÌØÓеķÇϵͳÐÔ·çÏÕ¡¢Á÷¶¯ÐÔ·çÏÕ¡¢»ù½ð
¹ÜÀíÈËÔÚ»ù½ð¹ÜÀíʵʩ¹ý³ÌÖвúÉúµÄ»ù½ð¹ÜÀí·çÏÕ£»ÊµÊ©±¸ÓõÄÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí
¹¤¾ßµÄDZÔÚ·çÏÕ£»±¾»ù½ðÌØÓеÄÁª½Ó»ù½ð·çÏÕ¡¢¸ú×ÙÆ«Àë·çÏÕ¡¢ÓëÄ¿±êETFÒµ¼¨
²îÒìµÄ·çÏÕ¡¢ÆäËûͶ×ÊÓÚÄ¿±êETFµÄ·çÏÕ¡¢²ÎÓë¹ÉÖ¸ÆÚ»õµÈ½ðÈÚÑÜÉúƷͶ×Ê·çÏÕ¡¢
×ʲúÖ§³Ö֤ȯͶ×Ê·çÏÕ¡¢¶þ¼¶Êг¡½»Ò×¼Û¸ñÕÛÒç¼ÛµÄ·çÏյȡ£
±¾»ù½ðΪETFÁª½Ó»ù½ð£¬Ä¿±êETFΪ»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ
×Ê»ù½ð¡£±¾»ù½ð¶ÔÄ¿±êETFµÄͶ×ʱÈÀý²»µÍÓÚ±¾»ù½ð×ʲú¾»ÖµµÄ90%£¬Í¶×ʱêµÄ
µ¥Ò»ÇÒ¹ý·Ö¼¯ÖÐÓпÉÄÜ»á¸ø±¾»ù½ð´øÀ´·çÏÕ¡£
±¾»ù½ðÊôÓÚÄ¿±êETFµÄÁª½Ó»ù½ð£¬Ä¿±êETFΪ¹ÉƱÐÍÖ¸Êý»ù½ð£¬Òò´Ë±¾»ù½ð
µÄÔ¤ÆÚ·çÏÕÓëÔ¤ÆÚÊÕÒæ¸ßÓÚ»ìºÏÐÍ»ù½ð¡¢Õ®È¯ÐÍ»ù½ðÓë»õ±ÒÊг¡»ù½ð¡£±¾»ù½ðÖ÷
ҪͶ×ÊÓÚÄ¿±êETF£¬½ôÃܸú×Ù±êµÄÖ¸Êý£¬Æä·çÏÕÊÕÒæÌØÕ÷Óë±êµÄÖ¸ÊýËù´ú±íµÄÊÐ
³¡×éºÏµÄ·çÏÕÊÕÒæÌØÕ÷ÏàËÆ¡£
»ù½ð×ʲúͶ×ÊÓÚ¿Æ´´°å¹ÉƱ£¬»áÃæÁÙ¿Æ´´°å»úÖÆÏÂÒòͶ×ʱêµÄ¡¢Êг¡ÖƶÈÒÔ
¼°½»Ò×¹æÔòµÈ²îÒì´øÀ´µÄÌØÓзçÏÕ£¬°üÀ¨µ«²»ÏÞÓÚÍËÊзçÏÕ¡¢Êг¡·çÏÕ¡¢Á÷¶¯ÐÔ
·çÏÕ¡¢¼¯ÖжȷçÏÕ¡¢ÏµÍ³ÐÔ·çÏÕ¡¢Õþ²ß·çÏյȡ£±¾»ù½ð¿É¸ù¾ÝͶ×ʲßÂÔÐèÒª»òÊÐ
³¡»·¾³µÄ±ä»¯£¬Ñ¡Ôñ½«²¿·Ö»ù½ð×ʲúͶ×ÊÓÚ¿Æ´´°å¹ÉƱ»òÑ¡Ôñ²»½«»ù½ð×ʲúͶ×Ê
ÓÚ¿Æ´´°å¹ÉƱ£¬»ù½ð×ʲú²¢·Ç±ØȻͶ×ÊÓÚ¿Æ´´°å¹ÉƱ¡£
±¾»ù½ðµÄͶ×Ê·¶Î§°üÀ¨´æÍÐƾ֤£¬³ýÓëÆäËû½öͶ×ÊÓÚ»¦ÉîÊг¡¹ÉƱµÄ»ù½ðËù
ÃæÁٵĹ²Í¬·çÏÕÍ⣬±¾»ù½ð»¹½«ÃæÁÙÖйú´æÍÐƾ֤¼Û¸ñ´ó·ù²¨¶¯ÉõÖÁ³öÏֽϴó¿÷
ËðµÄ·çÏÕ£¬ÒÔ¼°ÓëÖйú´æÍÐƾ֤·¢ÐлúÖÆÏà¹ØµÄ·çÏÕ¡£
Ͷ×ÊÕßÓ¦µ±ÈÏÕæÔĶÁ¡¶»ù½ðºÏͬ¡·¡¢¡¶ÕÐļ˵Ã÷Êé¡·¡¢»ù½ð²úÆ·×ÊÁϸÅÒªµÈ»ù
½ð·¨ÂÉÎļþ£¬Á˽â»ù½ðµÄ·çÏÕÊÕÒæÌØÕ÷£¬²¢¸ù¾Ý×ÔÉíµÄͶ×ÊÄ¿µÄ¡¢Í¶×ÊÆÚÏÞ¡¢Í¶
×ʾÑé¡¢×ʲú×´¿öµÈÅжϻù½ðÊÇ·ñºÍͶ×ÊÕߵķçÏÕ³ÐÊÜÄÜÁ¦ÏàÊÊÓ¦¡£
»ù½ðµÄ¹ýÍùÒµ¼¨²¢²»Ô¤Ê¾ÆäδÀ´±íÏÖ¡£
»ù½ð¹ÜÀíÈ˹ÜÀíµÄÆäËü»ù½ðµÄÒµ¼¨²¢²»¹¹³É¶Ô±¾»ù½ðÒµ¼¨±íÏֵı£Ö¤¡£»ù½ð
¹ÜÀíÈËÒÀÕÕ㡾¡Ö°ÊØ¡¢³ÏʵÐÅÓᢽ÷É÷ÇÚÃãµÄÔÔò¹ÜÀíºÍÔËÓûù½ð²Æ²ú£¬µ«²»±£
Ö¤»ù½ðÒ»¶¨Ó¯Àû£¬Ò²²»±£Ö¤×îµÍÊÕÒæ¡£»ù½ð¹ÜÀíÈËÌáÐÑͶ×ÊÕß»ù½ðͶ×ʵġ°ÂòÕß
×Ô¸º¡±ÔÔò£¬ÔÚ×÷³öͶ×ʾö²ßºó£¬»ù½ðÔËӪ״¿öÓë»ù½ð¾»Öµ±ä»¯ÒýÖµÄͶ×Ê·çÏÕ£¬
ÓÉͶ×ÊÕß×ÔÐиºµ£¡£
±¾»ù½ðΪĿ±êETFµÄÁª½Ó»ù½ð£¬¶þÕß¼ÈÓÐÁªÏµÒ²ÓÐÇø±ð£º£¨1£©ÔÚ»ù½ðµÄͶ×Ê
·½·¨·½Ã棬Ŀ±êETF²ÉÈ¡ÍêÈ«¸´ÖÆ·¨£¬Ö±½ÓͶ×ÊÓÚ±êµÄÖ¸ÊýµÄ³É·Ý¹É£»¶ø±¾»ù½ð
Ôò²ÉÈ¡¼ä½ÓµÄ·½·¨£¬Í¨¹ý½«¾ø´ó²¿·Ö»ù½ð²Æ²úͶ×ÊÓÚÄ¿±êETF£¬ÊµÏÖ¶Ô±êµÄÖ¸Êý
µÄ½ôÃܸú×Ù¡££¨2£©ÔÚ½»Ò×·½Ê½·½Ã棬Ͷ×ÊÕ߼ȿÉÒÔÏñÂòÂô¹ÉƱһÑùÔÚ½»Ò×ËùÊг¡
ÂòÂôÄ¿±êETF£¬Ò²¿ÉÒÔ°´ÕÕ×îСÉ깺¡¢Êê»Øµ¥Î»ºÍÉ깺¡¢Êê»ØÇåµ¥µÄÒªÇó£¬É깺¡¢
Êê»ØÄ¿±êETF£»¶ø±¾»ù½ð¿ÉÒÔÓëÆÕͨµÄ¿ª·Åʽ»ù½ðÒ»Ñù£¬Í¨¹ý»ù½ð¹ÜÀíÈ˼°ÆäËû
ÏúÊÛ»ú¹¹°´¡°Î´Öª¼Û¡±ÔÔò½øÐлù½ðµÄÉ깺ÓëÊê»Ø£¬µ«²»¿ÉÒÔÔÚ½»Ò×ËùÊг¡ÂòÂô¡£
±¾»ù½ð²¢²»±£Ö¤ºÍÄ¿±êETFÒµ¼¨±íÏÖÍêÈ«Ò»Ö£¬ÓëÄ¿±êÒµ¼¨±íÏÖ¿ÉÄܳöÏÖ²î
Òì¡£¿ÉÄÜÒý·¢²îÒìµÄÒòËØÖ÷Òª°üÀ¨£º£¨1£©Í¶×ʱÈÀýÒªÇó¡£Ä¿±êETF×÷ΪһÖÖÌØÊâ
µÄ»ù½ðÆ·ÖÖ£¬¿É½«½Ó½üÈ«²¿µÄ»ù½ð×ʲú£¬ÓÃÓÚ¸ú×Ù±êµÄÖ¸ÊýµÄ±íÏÖ£»¶ø±¾»ù½ð×÷
ΪÆÕͨµÄ¿ª·Åʽ»ù½ð£¬Ã¿¸ö½»Ò×ÈÕÈÕÖÕÔÚ¿Û³ý¹ÉÖ¸ÆÚ»õºÏÔ¼Ðè½ÉÄɵĽ»Ò×±£Ö¤½ð
ºó£¬ÈÔÐè±£Áô²»µÍÓÚ»ù½ð×ʲú¾»Öµ5%µÄÏÖ½ð»òÕßµ½ÆÚÈÕÔÚÒ»ÄêÒÔÄÚµÄÕþ¸®Õ®È¯£¬
ÆäÖÐÏֽ𲻰üÀ¨½áË㱸¸¶½ð¡¢´æ³ö±£Ö¤½ðºÍÓ¦ÊÕÉ깺¿îµÈ¡££¨2£©É깺Êê»ØµÄÓ°Ïì¡£
Ä¿±êETF°´ÕÕ×îСÉ깺¡¢Êê»Øµ¥Î»ºÍÉ깺¡¢Êê»ØÇåµ¥ÒªÇó½øÐÐÉêÊêµÄ·½Ê½£¬²ÉÈ¡
ʵÎïÉêÊ귽ʽ½øÐеÄÉ깺¡¢Êê»Ø¶Ô»ù½ð¾»ÖµÓ°Ïì½ÏС£»¶ø±¾»ù½ð²ÉÈ¡°´ÕÕδ֪¼Û
·¨½øÐÐÉ깺¡¢Êê»ØµÄ·½Ê½£¬´ó¶îÉ깺¡¢Êê»Ø¿ÉÄÜ»á¶Ô»ù½ð¾»Öµ²úÉúÒ»¶¨³å»÷¡£
±¾ÕÐļ˵Ã÷ÊéÖÐÉæ¼°ÍйÜÒµÎñµÄÏà¹ØÄÚÈÝÒѾ±¾»ù½ðÍйÜÈ˸´ºË¡£±¾´ÎÕÐļ
˵Ã÷Êé½ö¸ù¾Ý¡¶´æÍÐƾ֤·¢ÐÐÓë½»Ò×¹ÜÀí°ì·¨£¨ÊÔÐУ©¡·µÈ·¨ÂÉ·¨¹æÒÔ¼°±¾»ù½ð
µÄ¡¶»ù½ðºÏͬ¡·¡¢¡¶ÍйÜÐÒé¡·£¬¶ÔËùÉæÕ½ڽøÐÐÁ˸üУ¬Ïà¹ØÐÅÏ¢¸üнØÖ¹ÈÕΪ
2020Äê12ÔÂ19ÈÕ¡£³ýÌرð˵Ã÷Í⣬±¾ÕÐļ˵Ã÷ÊéÆäËûËùÔØÄÚÈݽØÖ¹ÈÕΪ2020Äê2
ÔÂ28ÈÕ£¬ÓйزÆÎñÊý¾Ý½ØÖ¹ÈÕΪ2019Äê3ÔÂ31ÈÕ£¬Óйؾ»Öµ±íÏÖ½ØÖ¹ÈÕΪ2018Äê
12ÔÂ31ÈÕ¡£
Ŀ¼
µÚÒ»²¿·Ö Ð÷ÑÔ ................................................................................................................................ 1
µÚ¶þ²¿·Ö ÊÍÒå ................................................................................................................................ 2
µÚÈý²¿·Ö »ù½ð¹ÜÀíÈË .................................................................................................................... 7
µÚËIJ¿·Ö »ù½ðÍйÜÈË .................................................................................................................. 18
µÚÎ岿·Ö Ïà¹Ø·þÎñ»ú¹¹............................................................................................................... 22
µÚÁù²¿·Ö »ù½ðµÄÀúÊ·Ñظï........................................................................................................... 44
µÚÆß²¿·Ö »ù½ðµÄ´æÐø .................................................................................................................. 46
µÚ°Ë²¿·Ö »ù½ð·Ý¶îµÄÉ깺ÓëÊê»Ø............................................................................................... 47
µÚ¾Å²¿·Ö »ù½ðµÄͶ×Ê .................................................................................................................. 60
µÚÊ®²¿·Ö »ù½ðµÄÒµ¼¨ .................................................................................................................. 72
µÚʮһ²¿·Ö »ù½ðµÄ²Æ²ú............................................................................................................... 73
µÚÊ®¶þ²¿·Ö »ù½ð×ʲúµÄ¹ÀÖµ....................................................................................................... 74
µÚÊ®Èý²¿·Ö »ù½ðµÄÊÕÒæÓë·ÖÅä................................................................................................... 80
µÚÊ®ËIJ¿·Ö »ù½ðµÄ·ÑÓÃÓëË°ÊÕ................................................................................................... 82
µÚÊ®Î岿·Ö »ù½ðµÄ»á¼ÆÓëÉó¼Æ................................................................................................... 85
µÚÊ®Áù²¿·Ö »ù½ðµÄÐÅÏ¢Åû¶....................................................................................................... 86
µÚÊ®Æß²¿·Ö ·çÏÕ½Òʾ .................................................................................................................. 94
µÚÊ®°Ë²¿·Ö »ù½ðºÏͬµÄ±ä¸ü¡¢ÖÕÖ¹Óë»ù½ð²Æ²úµÄÇåËã ......................................................... 102
µÚÊ®¾Å²¿·Ö »ù½ðºÏͬµÄÄÚÈÝÕªÒª............................................................................................. 104
µÚ¶þÊ®²¿·Ö »ù½ðÍйÜÐÒéµÄÄÚÈÝÕªÒª ..................................................................................... 105
µÚ¶þʮһ²¿·Ö ¶Ô»ù½ð·Ý¶î³ÖÓÐÈ˵ķþÎñ ................................................................................. 106
µÚ¶þÊ®¶þ²¿·Ö ÆäËûÓ¦Åû¶ÊÂÏî................................................................................................. 108
µÚ¶þÊ®Èý²¿·Ö ÕÐļ˵Ã÷Êé´æ·Å¼°²éÔÄ·½Ê½ ............................................................................. 113
µÚ¶þÊ®ËIJ¿·Ö ±¸²éÎļþ............................................................................................................. 114
¸½¼þÒ»£º»ù½ðºÏͬÄÚÈÝÕªÒª....................................................................................................... 115
¸½¼þ¶þ£ºÍйÜÐÒéÄÚÈÝÕªÒª....................................................................................................... 132
µÚÒ»²¿·Ö Ð÷ÑÔ
¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù½ðÕÐļ˵Ã÷Êé¡·£¨ÒÔ
ϼò³Æ¡°±¾ÕÐļ˵Ã÷Ê顱£©ÒÀ¾Ý¡¶ÖлªÈËÃñ¹²ºÍ¹ú֤ȯͶ×Ê»ù½ð·¨¡·£¨ÒÔϼò³Æ¡°¡¶»ù
½ð·¨¡·¡±£©¡¢¡¶Ö¤È¯Í¶×Ê»ù½ðÏúÊÛ¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÏúÊÛ°ì·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼
¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÔË×÷°ì·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶
×Ê»ù½ðÔË×÷Ö¸ÒýµÚ2ºÅ¡ª¡ª»ù½ðÖлù½ðÖ¸Òý¡·¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÐÅÏ¢Åû¶
¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÐÅÏ¢Åû¶°ì·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ×Ê»ù½ðÁ÷
¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£¨ÒÔϼò³Æ¡°¡¶Á÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¡±£©¼°ÆäËûÓйع涨ÒÔ¼°
¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù½ð»ù½ðºÏͬ¡·£¨ÒÔϼò
³Æ¡°»ù½ðºÏͬ¡±£©±àд¡£
»ù½ð¹ÜÀíÈ˳Ðŵ±¾ÕÐļ˵Ã÷Êé²»´æÔÚÈκÎÐé¼Ù¼ÇÔØ¡¢Îóµ¼ÐÔ³ÂÊö»òÕßÖØ´óÒÅ
©£¬²¢¶ÔÆäÕæʵÐÔ¡¢×¼È·ÐÔ¡¢ÍêÕûÐԳе£·¨ÂÉÔðÈΡ£±¾»ù½ð¹ÜÀíÈËûÓÐίÍлòÊÚ
ȨÈκÎÆäËûÈËÌṩδÔÚ±¾ÕÐļ˵Ã÷ÊéÖÐÔØÃ÷µÄÐÅÏ¢£¬»ò¶Ô±¾ÕÐļ˵Ã÷Êé×÷Èκνâ
ÊÍ»òÕß˵Ã÷¡£
±¾ÕÐļ˵Ã÷Êé¸ù¾Ý±¾»ù½ðµÄ»ù½ðºÏͬ±àд£¬²¢¾ÖйúÖ¤¼à»á×¢²á¡£»ù½ðºÏͬ
ÊÇÔ¼¶¨»ù½ðºÏͬµ±ÊÂÈËÖ®¼äȨÀû¡¢ÒåÎñµÄ·¨ÂÉÎļþ¡£»ù½ðͶ×ÊÕß×ÔÒÀ»ù½ðºÏͬȡ
µÃ»ù½ð·Ý¶î£¬¼´³ÉΪ»ù½ð·Ý¶î³ÖÓÐÈ˺ͻù½ðºÏͬµÄµ±ÊÂÈË£¬Æä³ÖÓлù½ð·Ý¶îµÄÐÐ
Ϊ±¾Éí¼´±íÃ÷Æä¶Ô»ù½ðºÏͬµÄ³ÐÈϺͽÓÊÜ£¬²¢°´ÕÕ¡¶»ù½ð·¨¡·¡¢»ù½ðºÏͬ¼°ÆäËû
Óйع涨ÏíÓÐȨÀû¡¢³Ðµ£ÒåÎñ¡£»ù½ðͶ×ÊÕßÓûÁ˽â»ù½ð·Ý¶î³ÖÓÐÈ˵ÄȨÀûºÍÒåÎñ£¬
Ó¦Ïêϸ²éÔÄ»ù½ðºÏͬ¡£
µÚ¶þ²¿·Ö ÊÍÒå
±¾ÕÐļ˵Ã÷ÊéÖгý·ÇÎÄÒâÁíÓÐËùÖ¸£¬ÏÂÁдÊÓï¾ßÓÐÈçϺ¬Ò壺
1¡¢»ù½ð»ò±¾»ù½ð£ºÖ¸»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù
½ð£¬±¾»ù½ðÓÉ»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸Êý֤ȯͶ×Ê»ù½ð£¨LOF£©×ªÐͶøÀ´
2¡¢»ù½ð¹ÜÀíÈË£ºÖ¸»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
3¡¢»ù½ðÍйÜÈË£ºÖ¸Öйú½¨ÉèÒøÐйɷÝÓÐÏÞ¹«Ë¾
4¡¢»ù½ðºÏͬ»ò±¾»ù½ð»ù½ðºÏͬ£ºÖ¸¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯ
Ͷ×Ê»ù½ðÁª½Ó»ù½ð»ù½ðºÏͬ¡·¼°¶Ô±¾»ù½ð»ù½ðºÏͬµÄÈκÎÓÐЧÐÞ¶©ºÍ²¹³ä
5¡¢ÍйÜÐÒ飺ָ»ù½ð¹ÜÀíÈËÓë»ù½ðÍйÜÈ˾ͱ¾»ù½ðÇ©¶©Ö®¡¶»ª°²´´Òµ°å50
½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù½ðÍйÜÐÒé¡·¼°¶Ô¸ÃÍйÜÐÒéµÄÈκÎÓÐЧ
ÐÞ¶©ºÍ²¹³ä
6¡¢ÕÐļ˵Ã÷Ê飺ָ¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÁª½Ó»ù
½ðÕÐļ˵Ã÷Êé¡·¼°Æä¸üÐÂ
7¡¢Ä¿±êETF£ºÖ¸ÁíÒ»¾ÖйúÖ¤¼à»á×¢²áµÄ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð
£¨ÒÔÏÂÒà¼ò³Æ¡°ETF¡±£©£¬¸ÃETFºÍ±¾»ù½ðËù¸ú×ٵıêµÄÖ¸ÊýÏàͬ£¬²¢ÇÒ£¬¸ÃETF
µÄͶ×ÊÄ¿±êºÍ±¾»ù½ðµÄͶ×ÊÄ¿±êÀàËÆ£¬±¾»ù½ðÖ÷ҪͶ×ÊÓÚ¸ÃETFÒÔÇó´ïµ½Í¶×Ê
Ä¿±ê¡£±¾»ù½ðÑ¡Ôñ»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð£¨ÒÔϼò³Æ¡°´´
Òµ°å50ETF¡±£©ÎªÄ¿±êETF
8¡¢·¨ÂÉ·¨¹æ£ºÖ¸ÖйúÏÖÐÐÓÐЧ²¢¹«²¼ÊµÊ©µÄ·¨ÂÉ¡¢ÐÐÕþ·¨¹æ¡¢¹æ·¶ÐÔÎļþ¡¢
˾·¨½âÊÍ¡¢ÐÐÕþ¹æÕÂÒÔ¼°ÆäËû¶Ô»ù½ðºÏͬµ±ÊÂÈËÓÐÔ¼ÊøÁ¦µÄ¾ö¶¨¡¢¾öÒ顢֪ͨµÈ
9¡¢¡¶»ù½ð·¨¡·£ºÖ¸2003Äê10ÔÂ28ÈÕ¾µÚÊ®½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»á
µÚÎå´Î»áÒéͨ¹ý£¬2012Äê12ÔÂ28ÈÕµÚʮһ½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»áµÚ
ÈýÊ®´Î»áÒéÐÞ¶©£¬×Ô2013Äê6ÔÂ1ÈÕÆðʵʩ²¢¾2015Äê4 ÔÂ24ÈÕµÚÊ®¶þ½ìÈ«
¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»áµÚÊ®ËĴλáÒ顶ȫ¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»á¹ØÓÚÐÞ
¸Ä£¼ÖлªÈËÃñ¹²ºÍ¹ú¸Û¿Ú·¨£¾µÈÆß²¿·¨Âɵľö¶¨¡·Ð޸ĵġ¶ÖлªÈËÃñ¹²ºÍ¹ú֤ȯͶ
×Ê»ù½ð·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
10¡¢¡¶ÏúÊÛ°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2013Äê3ÔÂ15ÈÕ°ä²¼¡¢Í¬Äê6ÔÂ1ÈÕʵʩ
µÄ¡¶Ö¤È¯Í¶×Ê»ù½ðÏúÊÛ¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
11¡¢¡¶ÐÅÏ¢Åû¶°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2019Äê7ÔÂ26ÈÕ°ä²¼¡¢Í¬Äê9ÔÂ1ÈÕ
ʵʩµÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÐÅÏ¢Åû¶¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄ
ÐÞ¶©
12¡¢¡¶ÔË×÷°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2014Äê7ÔÂ7ÈÕ°ä²¼¡¢Í¬Äê8ÔÂ8ÈÕʵʩ
µÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
13¡¢¡¶Á÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£ºÖ¸ÖйúÖ¤¼à»á2017Äê8ÔÂ31ÈÕ°ä²¼¡¢Í¬Äê
10ÔÂ1ÈÕʵʩµÄ¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ×Ê»ù½ðÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¼°°ä²¼
»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
14¡¢Á÷¶¯ÐÔÊÜÏÞ×ʲú£ºÖ¸ÓÉÓÚ·¨ÂÉ·¨¹æ¡¢¼à¹Ü¡¢ºÏͬ»ò²Ù×÷ÕÏ°µÈÔÒòÎÞ·¨
ÒÔºÏÀí¼Û¸ñÓèÒÔ±äÏÖµÄ×ʲú£¬°üÀ¨µ«²»ÏÞÓÚµ½ÆÚÈÕÔÚ 10 ¸ö½»Ò×ÈÕÒÔÉϵÄÄæ»Ø¹º
ÓëÒøÐж¨ÆÚ´æ¿î£¨º¬ÐÒéÔ¼¶¨ÓÐÌõ¼þÌáǰ֧ȡµÄÒøÐдæ¿î£©¡¢Í£ÅƹÉƱ¡¢Á÷ͨÊÜ
ÏÞµÄйɼ°·Ç¹«¿ª·¢ÐйÉƱ¡¢×ʲúÖ§³Ö֤ȯ¡¢Òò·¢ÐÐÈËÕ®ÎñÎ¥Ô¼ÎÞ·¨½øÐÐתÈûò
½»Ò×µÄծȯµÈ
15¡¢°Ú¶¯¶¨¼Û»úÖÆ£ºÖ¸µ±¿ª·Åʽ»ù½ðÔâÓö´ó¶îÉ깺Êê»Øʱ£¬Í¨¹ýµ÷Õû»ù½ð·Ý
¶î¾»ÖµµÄ·½Ê½£¬½«»ù½ðµ÷ÕûͶ×Ê×éºÏµÄÊг¡³å»÷³É±¾·ÖÅä¸øʵ¼ÊÉ깺¡¢Êê»ØµÄͶ
×ÊÕߣ¬´Ó¶ø¼õÉÙ¶Ô´æÁ¿»ù½ð·Ý¶î³ÖÓÐÈËÀûÒæµÄ²»ÀûÓ°Ï죬ȷ±£Í¶×ÊÕߵĺϷ¨È¨Òæ
²»ÊÜË𺦲¢µÃµ½¹«Æ½¶Ô´ý
16¡¢ÖйúÖ¤¼à»á£ºÖ¸Öйú֤ȯ¼à¶½¹ÜÀíίԱ»á
17¡¢ÒøÐÐÒµ¼à¶½¹ÜÀí»ú¹¹£ºÖ¸ÖйúÈËÃñÒøÐкÍ/»òÖйúÒøÐб£Ïռල¹ÜÀíί
Ô±»á
18¡¢»ù½ðºÏͬµ±ÊÂÈË£ºÖ¸ÊÜ»ù½ðºÏͬԼÊø£¬¸ù¾Ý»ù½ðºÏͬÏíÓÐȨÀû²¢³Ðµ£Òå
ÎñµÄ·¨ÂÉÖ÷Ì壬°üÀ¨»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˺ͻù½ð·Ý¶î³ÖÓÐÈË
19¡¢¸öÈËͶ×ÊÕߣºÖ¸ÒÀ¾ÝÓйط¨ÂÉ·¨¹æ¹æ¶¨¿ÉͶ×ÊÓÚ֤ȯͶ×Ê»ù½ðµÄ×ÔÈ»ÈË
20¡¢»ú¹¹Í¶×ÊÕߣºÖ¸ÒÀ·¨¿ÉÒÔͶ×Ê֤ȯͶ×Ê»ù½ðµÄ¡¢ÔÚÖлªÈËÃñ¹²ºÍ¹ú¾³ÄÚ
ºÏ·¨µÇ¼Ç²¢´æÐø»ò¾ÓйØÕþ¸®²¿ÃÅÅú×¼ÉèÁ¢²¢´æÐøµÄÆóÒµ·¨ÈË¡¢ÊÂÒµ·¨ÈË¡¢Éç»á
ÍÅÌå»òÆäËû×éÖ¯
21¡¢ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߣºÖ¸·ûºÏÏà¹Ø·¨ÂÉ·¨¹æ¹æ¶¨¿ÉÒÔͶ×ÊÓÚÔÚÖйú¾³ÄÚ
ÒÀ·¨Ä¼¼¯µÄ֤ȯͶ×Ê»ù½ðµÄÖйú¾³ÍâµÄ»ú¹¹Í¶×ÊÕß
22¡¢Í¶×ÊÈË»òͶ×ÊÕߣºÖ¸¸öÈËͶ×ÊÕß¡¢»ú¹¹Í¶×ÊÕߺͺϸñ¾³Íâ»ú¹¹Í¶×ÊÕßÒÔ
¼°·¨ÂÉ·¨¹æ»òÖйúÖ¤¼à»áÔÊÐí¹ºÂò֤ȯͶ×Ê»ù½ðµÄÆäËûͶ×ÊÈ˵ĺϳÆ
23¡¢»ù½ð·Ý¶î³ÖÓÐÈË£ºÖ¸ÒÀ»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéºÏ·¨È¡µÃ»ù½ð·Ý¶îµÄͶ×Ê
ÈË
24¡¢»ù½ðÏúÊÛÒµÎñ£ºÖ¸»ù½ð¹ÜÀíÈË»òÏúÊÛ»ú¹¹Ðû´«Íƽé»ù½ð£¬°ìÀí»ù½ð·Ý¶î
µÄÉ깺¡¢Êê»Ø¡¢×ª»»¡¢×ªÍйܼ°¶¨ÆÚ¶¨¶îͶ×ʵÈÒµÎñ
25¡¢ÏúÊÛ»ú¹¹£ºÖ¸»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾ÒÔ¼°·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à
»á¹æ¶¨µÄÆäËûÌõ¼þ£¬È¡µÃ»ù½ðÏúÊÛÒµÎñ×ʸñ²¢Óë»ù½ð¹ÜÀíÈËÇ©¶©ÁË»ù½ðÏúÊÛ·þÎñ
´úÀíÐÒ飬´úΪ°ìÀí»ù½ðÏúÊÛÒµÎñµÄ»ú¹¹
26¡¢µÇ¼ÇÒµÎñ£ºÖ¸»ù½ðµÇ¼Ç¡¢´æ¹Ü¡¢¹ý»§¡¢ÇåËãºÍ½»ÊÕÒµÎñ£¬¾ßÌåÄÚÈÝ°üÀ¨
Ͷ×ÊÈË»ù½ðÕË»§µÄ½¨Á¢ºÍ¹ÜÀí¡¢»ù½ð·Ý¶îµÇ¼Ç¡¢»ù½ðÏúÊÛÒµÎñµÄÈ·ÈÏ¡¢ÇåËãºÍ½»
ÊÕ¡¢´úÀí·¢·ÅºìÀû¡¢½¨Á¢²¢±£¹Ü»ù½ð·Ý¶î³ÖÓÐÈËÃû²áºÍ°ìÀí·Ç½»Ò×¹ý»§µÈ
27¡¢µÇ¼Ç»ú¹¹£ºÖ¸°ìÀíµÇ¼ÇÒµÎñµÄ»ú¹¹¡£»ù½ðµÄµÇ¼Ç»ú¹¹Îª»ª°²»ù½ð¹ÜÀíÓÐ
ÏÞ¹«Ë¾»ò½ÓÊÜ»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾Î¯ÍдúΪ°ìÀíµÇ¼ÇÒµÎñµÄ»ú¹¹
28¡¢»ù½ðÕË»§£ºÖ¸µÇ¼Ç»ú¹¹ÎªÍ¶×ÊÈË¿ªÁ¢µÄ¡¢¼Ç¼Æä³ÖÓеġ¢»ù½ð¹ÜÀíÈËËù
¹ÜÀíµÄ»ù½ð·Ý¶îÓà¶î¼°Æä±ä¶¯Çé¿öµÄÕË»§
29¡¢»ù½ð½»Ò×ÕË»§£ºÖ¸ÏúÊÛ»ú¹¹ÎªÍ¶×ÊÈË¿ªÁ¢µÄ¡¢¼Ç¼Ͷ×ÊÈËͨ¹ý¸ÃÏúÊÛ»ú
¹¹°ìÀíÉ깺¡¢Êê»Ø¡¢×ª»»¼°×ªÍйܡ¢¶¨ÆÚ¶¨¶îµÈÒµÎñ¶øÒýÆð»ù½ðµÄ»ù½ð·Ý¶î±ä¶¯
¼°½áÓàÇé¿öµÄÕË»§
30¡¢»ù½ðºÏͬÉúЧÈÕ£ºÖ¸¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð
Áª½Ó»ù½ð»ù½ðºÏͬ¡·ÉúЧÈÕ£¬Ô¡¶»ª°²ÖÐÖ¤¶¨ÏòÔö·¢Ê¼þÖ¸Êý֤ȯͶ×Ê»ù½ð£¨LOF£©
»ù½ðºÏͬ¡·×ÔͬһÈÕÖÕÖ¹
31¡¢»ù½ðºÏͬÖÕÖ¹ÈÕ£ºÖ¸»ù½ðºÏͬ¹æ¶¨µÄ»ù½ðºÏͬÖÕÖ¹ÊÂÓɳöÏֺ󣬻ù½ð²Æ
²úÇåËãÍê±Ï£¬ÇåËã½á¹û±¨ÖйúÖ¤¼à»á±¸°¸²¢ÓèÒÔ¹«¸æµÄÈÕÆÚ
32¡¢´æÐøÆÚ£ºÖ¸»ù½ðºÏͬÉúЧÖÁÖÕÖ¹Ö®¼äµÄ²»¶¨ÆÚÆÚÏÞ
33¡¢¹¤×÷ÈÕ£ºÖ¸ÉϺ£Ö¤È¯½»Ò×Ëù¡¢ÉîÛÚ֤ȯ½»Ò×ËùµÄÕý³£½»Ò×ÈÕ
34¡¢TÈÕ£ºÖ¸ÏúÊÛ»ú¹¹Ôڹ涨ʱ¼äÊÜÀíͶ×ÊÈËÉ깺¡¢Êê»Ø»òÆäËûÒµÎñÉêÇëµÄ
¿ª·ÅÈÕ
35¡¢T+nÈÕ£ºÖ¸×ÔTÈÕÆðµÚn¸ö¹¤×÷ÈÕ(²»°üº¬TÈÕ)£¬nΪ×ÔÈ»Êý
36¡¢¿ª·ÅÈÕ£ºÖ¸ÎªÍ¶×ÊÈË°ìÀí»ù½ð·Ý¶îÉ깺¡¢Êê»Ø»òÆäËûÒµÎñµÄ¹¤×÷ÈÕ
37¡¢¿ª·Åʱ¼ä£ºÖ¸¿ª·ÅÈÕ»ù½ð½ÓÊÜÉ깺¡¢Êê»Ø»òÆäËû½»Ò×µÄʱ¼ä¶Î
38¡¢¡¶ÒµÎñ¹æÔò¡·£ºÖ¸±¾»ù½ð¹ÜÀíÈË¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾¼°ÏúÊÛ
»ú¹¹µÄÏà¹ØÒµÎñ¹æÔò¼°Æ䲻ʱ×ö³öµÄÐÞ¶©
39¡¢É깺£ºÖ¸»ù½ðºÏͬÉúЧºó£¬Í¶×ÊÈ˸ù¾Ý»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéµÄ¹æ¶¨Éê
Ç빺Âò»ù½ð·Ý¶îµÄÐÐΪ
40¡¢Êê»Ø£ºÖ¸»ù½ðºÏͬÉúЧºó£¬»ù½ð·Ý¶î³ÖÓÐÈË°´»ù½ðºÏͬºÍÕÐļ˵Ã÷Êé¹æ
¶¨µÄÌõ¼þÒªÇ󽫻ù½ð·Ý¶î¶Ò»»ÎªÏÖ½ðµÄÐÐΪ
41¡¢»ù½ðת»»£ºÖ¸»ù½ð·Ý¶î³ÖÓÐÈË°´ÕÕ»ù½ðºÏͬºÍ»ù½ð¹ÜÀíÈ˽ìʱÓÐЧ¹«¸æ
¹æ¶¨µÄÌõ¼þ£¬ÉêÇ뽫Æä³ÖÓлù½ð¹ÜÀíÈ˹ÜÀíµÄ¡¢Ä³Ò»»ù½ðµÄ»ù½ð·Ý¶îת»»Îª»ù½ð
¹ÜÀíÈ˹ÜÀíµÄÆäËû»ù½ð»ù½ð·Ý¶îµÄÐÐΪ
42¡¢×ªÍйܣºÖ¸»ù½ð·Ý¶î³ÖÓÐÈËÔÚ±¾»ù½ðµÄ²»Í¬ÏúÊÛ»ú¹¹Ö®¼äʵʩµÄ±ä¸üËù
³Ö»ù½ð·Ý¶îÏúÊÛ»ú¹¹µÄ²Ù×÷
43¡¢¶¨ÆÚ¶¨¶îͶ×ʼƻ®£ºÖ¸Í¶×ÊÈËͨ¹ýÓйØÏúÊÛ»ú¹¹Ìá³öÉêÇ룬Լ¶¨Ã¿ÆÚÉê
¹ºÈÕ¡¢¿Û¿î½ð¶î¼°¿Û¿î·½Ê½£¬ÓÉÏúÊÛ»ú¹¹ÓÚÿÆÚÔ¼¶¨¿Û¿îÈÕÔÚͶ×ÊÈËÖ¸¶¨ÒøÐÐÕË
»§ÄÚ×Ô¶¯Íê³É¿Û¿î¼°ÊÜÀí»ù½ðÉ깺ÉêÇëµÄÒ»ÖÖͶ×Ê·½Ê½
44¡¢¾Þ¶îÊê»Ø£ºÖ¸±¾»ù½ðµ¥¸ö¿ª·ÅÈÕ£¬»ù½ð¾»Êê»ØÉêÇë(Êê»ØÉêÇë·Ý¶î×ÜÊý
¼ÓÉÏ»ù½ðת»»ÖÐת³öÉêÇë·Ý¶î×ÜÊýºó¿Û³ýÉ깺ÉêÇë·Ý¶î×ÜÊý¼°»ù½ðת»»ÖÐתÈë
ÉêÇë·Ý¶î×ÜÊýºóµÄÓà¶î)³¬¹ýÉÏÒ»¿ª·ÅÈÕ»ù½ð×ܷݶîµÄ10%
45¡¢Ôª£ºÖ¸ÈËÃñ±ÒÔª
46¡¢»ù½ðÊÕÒ棺»ù½ðºÏͬÏîϵĻù½ðÊÕÒ漴Ϊ»ù½ðÀûÈó£¬Ö¸»ù½ðÀûÏ¢ÊÕÈë¡¢
Ͷ×ÊÊÕÒæ¡¢¹«ÔʼÛÖµ±ä¶¯ÊÕÒæºÍÆäËûÊÕÈë¿Û³ýÏà¹Ø·ÑÓúóµÄÓà¶î£»»ù½ðÒÑʵÏÖÊÕ
ÒæÖ¸»ù½ðÀûÈó¼õÈ¥¹«ÔʼÛÖµ±ä¶¯ÊÕÒæºóµÄÓà¶î
47¡¢»ù½ð×ʲú×ÜÖµ£ºÖ¸»ù½ðÓµÓеÄÄ¿±êETF·Ý¶î¡¢¸÷ÀàÓмÛ֤ȯ¡¢ÒøÐдæ
¿î±¾Ï¢¡¢»ù½ðÓ¦ÊÕ¿îÏî¼°ÆäËû×ʲúµÄ¼ÛÖµ×ܺÍ
48¡¢»ù½ð×ʲú¾»Öµ£ºÖ¸»ù½ð×ʲú×ÜÖµ¼õÈ¥»ù½ð¸ºÕ®ºóµÄ¼ÛÖµ
49¡¢»ù½ð·Ý¶î¾»Öµ£ºÖ¸¼ÆËãÈÕijһÀà»ù½ð×ʲú¾»Öµ³ýÒÔ¼ÆËãÈÕ¸ÃÀà»ù½ð·Ý¶î
×ÜÊý
50¡¢»ù½ð×ʲú¹ÀÖµ£ºÖ¸¼ÆËãÆÀ¹À»ù½ð×ʲúºÍ¸ºÕ®µÄ¼ÛÖµ£¬ÒÔÈ·¶¨»ù½ð×ʲú¾»
ÖµºÍ¸÷Àà»ù½ð·Ý¶î¾»ÖµµÄ¹ý³Ì
51¡¢Ö¸¶¨Ã½½é£ºÖ¸ÖйúÖ¤¼à»áÖ¸¶¨µÄÓÃÒÔ½øÐÐÐÅÏ¢Åû¶µÄÈ«¹úÐÔ±¨¿¯¼°Ö¸¶¨
»¥ÁªÍøÍøÕ¾£¨°üÀ¨»ù½ð¹ÜÀíÈËÍøÕ¾¡¢»ù½ðÍйÜÈËÍøÕ¾¡¢ÖйúÖ¤¼à»á»ù½ðµç×ÓÅû¶
ÍøÕ¾£©µÈý½é
52¡¢»ù½ð²úÆ·×ÊÁϸÅÒª£ºÖ¸¡¶»ª°²´´Òµ°å50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù
½ðÁª½Ó»ù½ð»ù½ð²úÆ·×ÊÁϸÅÒª¡·¼°Æä¸üС£¹ØÓÚ»ù½ð²úÆ·×ÊÁϸÅÒª±àÖÆ¡¢Åû¶Óë
¸üÐÂÒªÇó£¬×Ô¡¶ÐÅÏ¢Åû¶°ì·¨¡·ÊµÊ©Ö®ÈÕÆðÒ»Äêºó¿ªÊ¼Ö´ÐÐ
53¡¢²»¿É¿¹Á¦£ºÖ¸»ù½ðºÏͬµ±ÊÂÈ˲»ÄÜÔ¤¼û¡¢²»ÄܱÜÃâÇÒ²»ÄÜ¿Ë·þµÄ¿Í¹ÛÊÂ
¼þ
54¡¢Öйú£ºÖ¸ÖлªÈËÃñ¹²ºÍ¹ú¡£¾Í»ù½ðºÏͬ¶øÑÔ£¬²»°üÀ¨Ïã¸ÛÌرðÐÐÕþÇø¡¢
°ÄÃÅÌرðÐÐÕþÇøºĮ́ÍåµØÇø
55¡¢»ù½ð·Ý¶î·ÖÀָࣺ±¾»ù½ð¸ù¾ÝÉ깺·Ñ¡¢ÏúÊÛ·þÎñ·ÑÊÕÈ¡·½Ê½µÄ²»Í¬½«»ù
½ð·Ý¶î·ÖΪ²»Í¬µÄÀà±ð£¬¸÷»ù½ð·Ý¶îÀà±ð·Ö±ðÉèÖôúÂ룬·Ö±ð¼ÆËãºÍ¹«¸æ»ù½ð·Ý
¶î¾»ÖµºÍ»ù½ð·Ý¶îÀۼƾ»Öµ
56¡¢AÀà»ù½ð·Ý¶î£ºÖ¸ÔÚͶ×ÊÈËÉ깺»ù½ðʱÊÕÈ¡É깺·ÑÓ㬲¢²»ÔÙ´Ó±¾Àà±ð
»ù½ð×ʲúÖмÆÌáÏúÊÛ·þÎñ·ÑµÄ»ù½ð·Ý¶î£¬³ÆΪAÀà»ù½ð·Ý¶î
57¡¢CÀà»ù½ð·Ý¶î£ºÖ¸´Ó±¾Àà»ù½ð×ʲúÖмÆÌáÏúÊÛ·þÎñ·Ñ£¬²¢²»ÊÕÈ¡É깺·Ñ
ÓõĻù½ð·Ý¶î£¬³ÆΪCÀà»ù½ð·Ý¶î
µÚÈý²¿·Ö »ù½ð¹ÜÀíÈË
Ò»¡¢»ù½ð¹ÜÀíÈ˸ſö
1¡¢Ãû³Æ£º»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
2¡¢×¡Ëù£ºÖйú£¨ÉϺ££©×ÔÓÉóÒ×ÊÔÑéÇøÊÀ¼Í´óµÀ8ºÅ¹ú½ðÖÐÐĶþÆÚ31£32
²ã
3¡¢°ì¹«µØÖ·£ºÖйú£¨ÉϺ££©×ÔÓÉóÒ×ÊÔÑéÇøÊÀ¼Í´óµÀ8ºÅ¹ú½ðÖÐÐĶþÆÚ31
£32²ã
4¡¢·¨¶¨´ú±íÈË£ºÖìѧ»ª
5¡¢ÉèÁ¢ÈÕÆÚ£º1998Äê6ÔÂ4ÈÕ
6¡¢Åú×¼ÉèÁ¢»ú¹Ø¼°Åú×¼ÉèÁ¢ÎĺţºÖйúÖ¤¼à»áÖ¤¼à»ù×Ö[1998]20ºÅ
7¡¢ÁªÏµµç»°£º£¨021£©38969999
8¡¢ÁªÏµÈË£ºÍõÑÞ
9¡¢¿Í»§·þÎñÖÐÐĵ绰£º40088-50099
10¡¢ÍøÖ·£ºwww.huaan.com.cn
¶þ¡¢×¢²á×ʱ¾ºÍ¹ÉȨ½á¹¹
1¡¢×¢²á×ʱ¾£º1.5ÒÚÔªÈËÃñ±Ò
2¡¢¹ÉȨ½á¹¹
³Ö¹Éµ¥Î» ³Ö¹ÉÕ¼×ܹɱ¾±ÈÀý
¹úÌ©¾ý°²Ö¤È¯¹É·ÝÓÐÏÞ¹«Ë¾ 20%
ÉϺ£ÉϹúͶ×ʲú¹ÜÀíÓÐÏÞ¹«Ë¾ 20%
ÉϺ£½õ½¹ú¼ÊͶ×ʹÜÀíÓÐÏÞ¹«Ë¾ 20%
ÉϺ£¹¤ÒµÍ¶×Ê£¨¼¯ÍÅ£©ÓÐÏÞ¹«Ë¾ 20%
¹úÌ©¾ý°²Í¶×ʹÜÀí¹É·ÝÓÐÏÞ¹«Ë¾ 20%
Èý¡¢Ö÷ÒªÈËÔ±Çé¿ö
1¡¢»ù½ð¹ÜÀíÈ˶Ê¡¢¼àÊ¡¢¾Àí¼°ÆäËû¸ß¼¶¹ÜÀíÈËÔ±
£¨1£©¶Ê»á
Öìѧ»ªÏÈÉú£¬±¾¿ÆѧÀú¡£ÀúÈÎÎ侯ÉϺ£¾¯ÎÀ¾ÖÊ׳¤´¦¸±ÍÅÖ°²Îı£¬ÉϺ£²ÆÕþ
֤ȯÓÐÏÞ¹«Ë¾µ³×ÜÖ§¸±Êé¼Ç£¬ÉϺ£Ö¤È¯ÓÐÏÞÔðÈι«Ë¾µ³Î¯Êé¼Ç¡¢¸±¶Ê³¤¡¢¸±×Ü
¾Àí¡¢¹¤»áÖ÷ϯ£¬¼æÈκ£¼Ê´óºÍ֤ȯÓÐÏÞÔðÈι«Ë¾¶Ê³¤¡£ÏÖÈλª°²»ù½ð¹ÜÀíÓÐ
ÏÞ¹«Ë¾µ³×ÜÖ§Êé¼Ç¡¢¶Ê³¤¡¢·¨¶¨´ú±íÈË¡£
ÕÅÏöÁëÏÈÉú£¬²©Ê¿Ñо¿Éú¡£ÀúÈÎÃÀ¹úÁª°î´¢±¸Î¯Ô±»á¾¼Ãѧ¼Ò¡¢Ä¦¸ù˹̹Àû
ŦԼ×ܲ¿ÐÅÓÃÑÜÉúÆ·½»Ò×Ä£ÐÍ·çÏÕÖ÷¹Ü¡¢ÖйúÒøÐÐÒµ¼à¶½¹ÜÀíίԱ»áÒøÐмà¹ÜÈý
²¿¸±Ö÷ÈΡ¢»ªÏÄ»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¸±×ܾÀí¼æ»ªÏÄ»ù½ð£¨Ïã¸Û£©ÓÐÏÞ¹«Ë¾Ê×ϯִ
Ðй١£ÏÖÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾×ܾÀí¡£
ÇñƽÏÈÉú£¬±¾¿ÆѧÀú£¬¸ß¼¶Õþ¹¤Ê¦Ö°³Æ¡£ÀúÈÎÉϺ£ºìÐÇÖá³Ð×ܳ§µ³Î¯Êé¼Ç£¬
ÉϺ£¶«·ç»úе£¨¼¯ÍÅ£©¹«Ë¾×ܲÃÖúÀí¡¢¸±×ܲã¬ÉϺ£È«¹âÍøÂç¿Æ¼¼¹É·Ý¹«Ë¾×ܾ
Àí£¬ÉϺ£ÈüÊÂÉÌÎñÓÐÏÞ¹«Ë¾×ܾÀí£¬ÉϺ£¶«ºÆ¹¤ÒÕÆ·¹É·ÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬ÉϺ£
¹úÊ¢¼¯ÍſƽÌͶ×ÊÓÐÏÞ¹«Ë¾µ³Î¯¸±Êé¼Ç¡¢×ܲᢶʣ¬ÉϺ£½¨Öþ²ÄÁÏ£¨¼¯ÍÅ£©×Ü
¹«Ë¾µ³Î¯Êé¼Ç¡¢¶Ê³¤£¨·¨¶¨´ú±íÈË£©¡¢×ܲã¬ÉϺ£¹¤ÒµÍ¶×Ê£¨¼¯ÍÅ£©ÓÐÏÞ¹«Ë¾
µ³Î¯¸±Êé¼Ç¡¢Ö´ÐжÊ£¨·¨¶¨´ú±íÈË£©¡¢×ܲá£ÏÖÈÎÉϺ£¹¤ÒµÍ¶×Ê£¨¼¯ÍÅ£©ÓÐÏÞ
¹«Ë¾¼àÊ»áÖ÷ϯ¡£
ÂíÃû¾ÔÏÈÉú£¬¹¤É̹ÜÀí˶ʿ£¬¸ß¼¶»á¼Æʦ¡£ÀúÈηï»Ë¹É·ÝÓÐÏÞ¹«Ë¾¸±¶Ê³¤¡¢
×ܾÀí£¬ÉϺ£¶«·½ÉÏÊÐÆóÒµ²©ÀÀÖÐÐĸ±×ܾÀí£¬½õ½¹ú¼Ê£¨¼¯ÍÅ£©ÓÐÏÞ¹«Ë¾¼Æ»®
²ÆÎñ²¿¾Àí¡£ÏÖÈνõ½¹ú¼Ê£¨¼¯ÍÅ£©ÓÐÏÞ¹«Ë¾¸±×ܲã¬ÉϺ£½õ½×ʱ¾¹É·ÝÓÐÏÞ¹«
˾ִÐжÊ¡¢Ê×ϯִÐй٣¬ÉϺ£½õ½¹ú¼ÊͶ×ʹÜÀíÓÐÏÞ¹«Ë¾¶Ê³¤£¬Radisson
Hospitality AB¶Ê³¤£¬»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¶Ê£¬³¤½ÑøÀϱ£ÏչɷÝÓÐÏÞ¹«
˾¶Ê£¬Ê·´ø²Æ²ú±£ÏչɷÝÓÐÏÞ¹«Ë¾¼àÊ¡£
ÄôС¸ÕÏÈÉú£¬¾¼Ãѧ²©Ê¿¡£ÀúÈιúÌ©¾ý°²Ö¤È¯¹É·ÝÓÐÏÞ¹«Ë¾Í¶×ÊÒøÐÐÈý²¿Öú
ÀíÒµÎñ¶Ê¡¢ÆóÒµÈÚ×Ê×ܲ¿ÖúÀíÒµÎñ¶Ê¡¢×ܲð칫ÊÒÖ÷¹Ü¡¢×ܲð칫ÊÒ¸±¾Àí¡¢
ÓªÏú¹ÜÀí×ܲ¿¸±¾Àí¡¢¶Ê»áÃØÊé´¦Ö÷ÈÎÖúÀí¡¢¶Ê»áÃØÊé´¦¸±Ö÷ÈΡ¢¶Ê»áÃØ
Êé´¦Ö÷ÈΡ¢ÉÏÊа칫ÊÒÖ÷ÈΡ¢¹úÌ©¾ý°²´´ÐÂͶ×ÊÓÐÏÞ¹«Ë¾×ܲᢹúÌ©¾ý°²Ö¤È¯¹É
·ÝÓÐÏÞ¹«Ë¾Õ½ÂÔͶ×ʲ¿×ܾÀí¡¢Õ½ÂÔͶ×ʼ°Ö±Í¶ÒµÎñίԱ»á¸±×ܲõÈÖ°Îñ¡£ÏÖÈÎ
¹úÌ©¾ý°²Ö¤È¯¹É·ÝÓÐÏÞ¹«Ë¾Õ½ÂÔ·¢Õ¹²¿×ܾÀí¡¢¹úÌ©¾ý°²Ö¤Ô£Í¶×ÊÓÐÏÞ¹«Ë¾¶ÊÂ
³¤¡¢Öйú֤ȯҵлáͶ×ÊÒµÎñίԱ»á¸±Ö÷ÈÎίԱ¡£
ÏÄÔòÑ×ÏÈÉú£¬±¾¿ÆѧÀú¡£ÀúÈιú̩֤ȯÓÐÏÞ¹«Ë¾»ù½ð¹ÜÀí²¿ÒµÎñÔ±¡¢½»Òײ¿
ÒµÎñÔ±¡¢ÒµÎñ¹ÜÀí²¿ÏîÄ¿¾Àí¡¢¹ÜÀí²¿×ۺϴ¦¸±¾Àí£»¹úÌ©¾ý°²Ö¤È¯¹É·ÝÓÐÏÞ¹«
˾¾¼ÍÒµÎñ²¿¸±¾Àí¡¢¶Ê»á°ì¹«ÊÒ¸±¾Àí¡¢¾¼ÍÒµÎñ×ܲ¿¾Àí¡¢ÓªÏú¹ÜÀí×ܲ¿
¾Àí¡¢ÉϺ£¸£É½Â·ÓªÒµ²¿¸±×ܾÀí£¨Ö÷³Ö¹¤×÷£©¡¢ÉϺ£¸£É½Â·ÓªÒµ²¿×ܾÀí¡¢ÉÏ
º£·Ö¹«Ë¾¸±×ܾÀí¡¢¾¼ÍÒµÎñίԱ»á×ۺϹÜÀí×鸱×鳤¡¢¾¼ÍÒµÎñίԱ»áÖ´Ðаì
¹«ÊÒÖ÷ÈΡ¢ÁãÊÛÒµÎñ²¿×ܾÀí¡£ÏÖÈιúÌ©¾ý°²Ö¤È¯ÏúÊÛ½»Òײ¿×ܾÀí¡£¶ÀÁ¢¶Ê£º
Îâ²®ÇìÏÈÉú£¬´óѧѧÀú£¬Ò»¼¶ÂÉʦ£¬Ôø±»ÆÀΪÉϺ£ÊÐÓÅÐãÂÉʦÓëÉϺ£ÊÐÊ®¼Ñ
·¨ÂɹËÎÊ¡£ÀúÈÎÉϺ£ÊгÇÊн¨Éè¾ÖÃØÊé¿Æ³¤¡¢ÉϺ£ÊеÚÒ»ÂÉʦÊÂÎñËù¸±Ö÷ÈΡ¢ÉÏ
º£ÊнðïÂÉʦÊÂÎñËùÖ÷ÈΡ¢ÉϺ£ÊÐÂÉʦлḱ»á³¤¡£ÏÖÈÎÉϺ£ÊнðïÂÉʦÊÂÎñËù
¸ß¼¶ºÏ»ïÈË¡£
ÖìÄþÏÈÉú£¬²©Ê¿Ñо¿ÉúѧÀú£¬½ÌÊÚ¡£2003ÄêÖÁ2010ÄêÔÚÃÀ¹ú¼ÓÖÝ´óѧ£¨´÷
ά˹·ÖУ£©µ£ÈÎÖúÀí½ÌÊÚ¡¢ÖÕÉí½ÌÊÚ£¬Ö÷Òª´Óʾ¼Ã½ðÈÚ½ÌѧÑо¿µÈ¹¤×÷£»2010
ÄêÖÁ½ñÔÚÉϺ£½»Í¨´óѧÉϺ£¸ß¼¶½ðÈÚѧԺµ£Èθ±Ôº³¤¡¢½ðÈÚѧ½ÌÊÚ£¬Ö÷Òª´Óʾ
¼Ã½ðÈÚ½ÌѧÑо¿µÈ¹¤×÷¡£
£¨2£©¼àÊ»á
ÕÅÖ¾ºìŮʿ£¬¾¼Ãѧ²©Ê¿¡£ÀúÈÎÖйúÖ¤¼à»áÉϺ£¼à¹Ü¾Ö(ÔÉϺ£Ö¤¹Ü°ì)»ú¹¹
´¦¸±´¦³¤¡¢»ú¹¹¼à¹Ü´¦¸±´¦³¤¡¢»ú¹¹¼à¹Ü´¦´¦³¤¡¢»ú¹¹¼à¹ÜÒ»´¦´¦³¤¡¢ÉÏÊй«Ë¾
¼à¹ÜÒ»´¦´¦³¤µÈÖ°Îñ£¬³¤³Ç֤ȯÓÐÏÞÔðÈι«Ë¾µ³Î¯Î¯Ô±¡¢¼ÍίÊé¼Ç¡¢Ô¤Ëã¹ÜÀíί
Ô±»áίԱ¡¢ºÏ¹æ×ܼࡢ¸±×ܾÀí¡¢Í¶×ʾö²ßίԱ»áίԱ£¬¹úÌ©¾ý°²Ö¤È¯¹É·ÝÓÐÏÞ
¹«Ë¾×ܲÃÖúÀí¡¢ÒµÎñ×ܼࡢͶÐÐÒµÎñίԱ»á¸±×ܲõÈÖ°Îñ¡£ÏÖÈιúÌ©¾ý°²Ö¤È¯¹É
·ÝÓÐÏÞ¹«Ë¾ºÏ¹æ×ܼ࣬»ª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¼àʳ¤¡£
ÐíŵÏÈÉú£¬Ë¶Ê¿¡£ÔøÈÎâù°²º²ÍþÌØ×ÉѯҵÎñ×ܼ࣬ÂóÀí¸ù£¨McLagan£©¹«Ë¾
ÖйúÇø¸ºÔðÈË¡£ÏÖÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾×ܾÀíÖúÀí¼æÈËÁ¦×ÊÔ´²¿¸ß¼¶×ܼ࣬
»ª°²×ʲú¹ÜÀí£¨Ïã¸Û£©ÓÐÏÞ¹«Ë¾¶Ê¡£
Öî»ÛŮʿ£¬Ñо¿ÉúѧÀú£¬¾¼Ãʦ¡£ÀúÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¼à²ì»üºË²¿¸ß
¼¶¼à²ìÔ±£¬¼¯Öн»Òײ¿×ܼࡣÏÖÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¼¯Öн»Òײ¿¸ß¼¶×ܼࡣ
£¨3£©¸ß¼¶¹ÜÀíÈËÔ±
Öìѧ»ªÏÈÉú£¬±¾¿ÆѧÀú£¬21Äê֤ȯ¡¢»ù½ð´ÓÒµ¾Ñé¡£ÀúÈÎÎ侯ÉϺ£¾¯ÎÀ¾Ö
Ê׳¤´¦¸±ÍÅÖ°²Îı£¬ÉϺ£²ÆÕþ֤ȯÓÐÏÞ¹«Ë¾µ³×ÜÖ§¸±Êé¼Ç£¬ÉϺ£Ö¤È¯ÓÐÏÞÔðÈι«
˾µ³Î¯Êé¼Ç¡¢¸±¶Ê³¤¡¢¸±×ܾÀí¡¢¹¤»áÖ÷ϯ£¬¼æÈκ£¼Ê´óºÍ֤ȯÓÐÏÞÔðÈι«Ë¾
¶Ê³¤¡£ÏÖÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾µ³×ÜÖ§Êé¼Ç¡¢¶Ê³¤¡¢·¨¶¨´ú±íÈË¡£
ÕÅÏöÁëÏÈÉú£¬²©Ê¿Ñо¿Éú£¬20Äê½ðÈÚ¡¢»ù½ðÐÐÒµ´ÓÒµ¾Ñé¡£ÀúÈÎÃÀ¹úÁª°î
´¢±¸Î¯Ô±»á¾¼Ãѧ¼Ò¡¢Ä¦¸ù˹̹ÀûŦԼ×ܲ¿ÐÅÓÃÑÜÉúÆ·½»Ò×Ä£ÐÍ·çÏÕÖ÷¹Ü¡¢Öйú
ÒøÐÐÒµ¼à¶½¹ÜÀíίԱ»áÒøÐмà¹ÜÈý²¿¸±Ö÷ÈΡ¢»ªÏÄ»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾¸±×ܾÀí¼æ
»ªÏÄ»ù½ð£¨Ïã¸Û£©ÓÐÏÞ¹«Ë¾Ê×ϯִÐй١£ÏÖÈλª°²»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾×ܾÀí¡£
ÎÌÆôÉÏÈÉú£¬Ë¶Ê¿Ñо¿ÉúѧÀú£¬26Äê½ðÈÚ¡¢Ö¤È¯¡¢»ù½ðÐÐÒµ´ÓÒµ¾Ñé¡£Àú
ÈĮ̂Í帻°îÒøÐÐ×