《中国指数基金和投资保护》-毕业论文（设计）.docVIP

延边大学本科毕业论文 PAGE PAGE 2 w 摘 要 截至2006年11月，开放式基金开户总数达673.18万户，巨额资金流入资产管理行业。一方面，如此庞大的资金规模需要有相应的强大的基金管理，研发力量和客户服务团队；另一方面，大多数新入市的基金持有人都是冲着基金的高收益来的， 而对基金的风险没有任何人事和心里准备。然而，从07年9月开始，股市开始回落，截至08年9月8日，上证指数累计跌幅已高达65%，很多人蒙受了巨大的损失。特别是从下半年开始，投资指数基金成为一种趋势，而随着大盘震荡，指数基金正在持续下滑。 为了避免不必要的投资损失，世界金融市场出现了以规划风险为目的的金融衍生品。其中，看跌期权成为一种有效的避险工具。中国金融衍生品市场起步于１９９２年，当年１２月国债期货试点推出。１９９５年，国债期货市场连续发生“３２７”“３１９”等恶性事件被暂停，仅运行３０个月。 　随着中国金融市场的起步和发展，金融衍生品成为必不可少的投资保护工具。只有形成安全的投资环境，中国金融市场才能有更快更稳定的发展。 关键词：指数基金；投资风险；金融衍生品；投资保护；看跌期权 Abstract Until November 2006, the number of open account on open-end fund is 6.7318 million, mint fund flowed into asset management industry. On one side, such a big amount of capital should have strong fund management, research power and customer service teams; On the other side, most new investors are attracted by high rewards, but less preparation of fund crisis. However, from September 2007, stock market began falling. Up to September 8th 2008, drop breadth of Shanghai Security Index added up to 65%, thousands of people lost their money. Especially from July, investing the index fund became trend, with floating of the grail, index fund is going down continuously. In order to avoid unnecessary loss of investment, world financial market came out financial derivatives for making out crisis. Among them, put option became one of the effective tool. Chinese derivatives market began in 1992. At the same year, on December, Treasury Bond futures began the experimental unit. Nevertheless, in 1995, Treasury bond future market occurred continuously malignant affairs like “327”, “319”, and closed, ran 30 months. September 2006, Chinese unique financial derivatives market was set up . Along with the development of Chinese financial market, financial derivatives became the essential tool of avoiding investment crisis. Only there is a safe environment, Chinese derivatives market can develop faster. Keywords：Index Fund; Investment Risk; Financi