2.4 Optimization of capital market structureUnderdevelopment of the third pillar: Compared with developed countries, the scale of the second and third pillar pensions in China is relatively low, which needs to be promoted through policy guidance.After being included in the index fund, the funds in the individual pension account will enter the market as incremental funds, which will significantly improve the market liquidity. According to official data, as of December 12th, the number of Public Offering of Fund products that can be invested in personal pension has increased to 284, and it is estimated that the scale of new funds will reach several hundred billion yuan. This scale of capital inflow will provide stable liquidity support for the market and reduce the sensitivity of the market to short-term capital fluctuations.
Guide long-term funds to enter the market: Personal pension is a long-term fund, and its investment in index funds will help guide more long-term funds to enter the capital market and enhance market stability.Diversification of investment styles: The diversified investment styles of index funds, such as broad-based index and dividend strategy index, provide investors with more asset allocation options and help to diversify investment risks.The introduction of index funds provides more diversified investment options for individual pension investors. The first batch of 85 index funds cover broad-based index, dividend index and other categories, including Shanghai and Shenzhen 300 Index, CSI A500 Index, Growth Enterprise Market Index, etc. These index funds have clear investment styles and low rates, which can meet the needs of investors with different risk preferences. According to market analysis, broad-based index funds can reflect the overall performance of the market, while dividend strategy index funds focus on listed companies with high dividend ratio, providing a stable source of income for pension investment.
The inclusion of index funds helps to optimize the structure of the capital market and increase the proportion of institutional investors. According to market analysis, the full implementation of individual pension will attract more institutional investors to participate in the market, thus improving the maturity and efficiency of the market. The increase of institutional investors will promote more rational and long-term value investment in the market and reduce irrational fluctuations in the market.1.2 Impact of market expansion2.2 diversification of investment style
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
Strategy guide
Strategy guide
Strategy guide