摘要

　　　基金作為一種風(fēng)險共擔(dān)、利益共享的一種投資方式，越來越受到投資者的青睞。在一個較長時間周期內(nèi)基金投資中，絕大部分基金的收益都不如指數(shù)基金,指數(shù)型基金在分散風(fēng)險、費用低廉、管理簡單、稅收都存在先天優(yōu)勢。對于普通投資者的最佳選擇是投資指數(shù)基金。指數(shù)基金主要有ETF基金和LOF基金組成。LOF基金既具備了封閉式基金交易方便、交易成本低的優(yōu)點，又具備了開放式基金價格以凈值計算的優(yōu)點。并且LOF基金給中小投資者一直簡單套利的可能。本文將對指數(shù)基金優(yōu)勢和LOF和EFT進(jìn)區(qū)別進(jìn)行簡單分析，并給出LOF基金中指數(shù)基金投資策略。

關(guān)鍵詞:指數(shù)基金；投資策略 ；LOF基金； ETF基金

ABSTRACT

　　　Fund has more and more investors as risk-sharing, shared interests of the investment. In a long time period, the index fund's income is better than any of the vast majority funds. There are inherent advantages in diversify risk, low-cost, simple management, taxation of index funds. For most ordinary investors, to invest in index funds is the best choice. Index fund includes ETF Fund and the LOF fund. There are not only closed-end fund trading and low transaction costs advantages in LOF fund, but also in net terms as the open-end fund prices. The LOF fund also has the possibility to be simple arbitrage for the small investors. This thesis will offer a simple analysis between the index funds advantages and also between the ETF Fund and the LOF fund. At the last, it will offer some advice and investment strategy for the further investors of the LOF fund.

Key words: Index Fund；Investment strategy；LOF Fund；ETF Fund