|
|
|
In this section we offer a click through guide to building
an SIP portfolio on the basis of each investor's individual
risk-return profile and view of the market. Using this guide
a potential investor can select the appropriate form of SIP
investment based on views held about the state of the stock
market.
For example, a conservative investor with a bullish view of
the stock market and a belief that volatility is rising, can
click onto Market Bullish, Volatility Rising and Low Risk/Return
icons. The appropriate strategy and a SIP solution will be
revealed to match the investors' outlook.This brief guide
provides no more than an indication of SIP strategy, investors
are advised to consult the market participants for further
details, see iMarkets
Partner Firms.
|
|
|
|
Volatility
|
Risk
/ Return
|
Strategy
|
SIP
example
|
Market
Bullish
|
Market
Bearish
|
Market
Undecided
|
Market
Bullish
|
Market
Bearish
|
Market
Undecided
|
|
Volatility
Rising
|
Volatility
Falling
|
Volatility
Undecided
|
Volatility
Rising
|
Volatility
Falling
|
Volatility
Undecided
|
Volatility
Rising
|
Volatility
Falling
|
Volatility
Undecided
|
Volatility
Rising
|
Volatility
Falling
|
Volatility
Undecided
|
Volatility
Rising
|
Volatility
Falling
|
Volatility
Undecided
|
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
High
Risk / Return
|
Low
Risk / Return
|
|
Long
Call
|
Long
Call Warrant
|
|
|
buy
a call
|
|
|
|
Long
Call
|
Long
Bull PGN
|
|
|
buy
a call
|
|
|
|
Short
Put
|
Short
Naked Put
|
|
|
sell
a put
|
|
|
|
Short
Put
|
Long
Bull ELN
|
|
|
sell
a put
|
|
|
|
Long
Synthetic
Forwards
|
Long
Synthetic Forwards
|
|
|
sell
a put and buy a call at the
same strike
|
|
|
|
Long
Bull Spread
|
Long
Capped Bull PGN
|
|
|
buy
a call and sell a call at
a higher strike
|
|
|
|
Long
Put
|
Long
Put Warrant
|
|
|
buy
a put
|
|
|
|
Long
Put
|
Long
Bear PGN
|
|
|
buy
a put
|
|
|
|
Short
Call
|
Short
Naked call
|
|
|
sell
a call
|
|
|
|
Short
Bull Spread
|
Long
Capped Bear Note
|
|
|
sell
a call and buy a call at a
higher strike
|
|
|
|
Short
Synthetic Forwards
|
Short
Synthetic Forwards
|
|
|
buy
a put and sell a call at the
same strike
|
|
|
|
Short
Collar
|
Short
Collar
|
|
|
sell
a put and buy a call at a
higher strike in a short stock
position
|
|
|
|
Long
Straddle
|
Long
Straddle
|
|
|
buy
a call and buy a put
|
|
|
|
Long
Strangle
|
Long
Convertible and Put
|
|
|
buy
a call and buy a put with
different strike
|
|
|
|
Short
Straddle
|
Sell
Straddle
|
|
|
sell
a call and sell a put
|
|
|
|
Butterfly Spread
|
Higher
Yield Butterfly Note
|
|
|
sell
a call and sell a put at middle
strike and buy a put with
lower strike; and buy a call
with higher strike
|
|
Long
Bond with Loan
|
Long
Bond with Loan
|
|
|
buy
a bond
|
|
|
|
Long
Bond
|
Long
Bond
|
|
|
buy
a bond
|
|
|
|
|
|
|
|
|
|
This website is intended to be accessed by sophisticated
and professional investors in Hong Kong only.
The information on this site were made available solely for
information purposes and do not constitute an offer, solicitation
or recommendation with respect to buy or sell any investment
products, or securities, or financial products and instruments
(the "Products"), or to participate in any particular
trading activities or strategies. Analysis and information
have not been independently verified, and any trade executed
on the basis of these information are taken at the investors'
own risks. Investors are advised to have sufficient knowledge
and experience in financial and business matters to evaluate
the merits and risks of investing in any of these Products,
and should be able to bear the risks of an investment.
The information on this site were obtained from sources believe
to be reliable. iMarkets Ltd. makes no express or implied
representations or warranties concerning the completeness
or accuracy or otherwise of these information and accept no
responsibility or liability whatsoever for any loss or damage
arising from these information.
The price and income of anyof the Products referenced in
this site may experience upward or downward movements, and
may even become valueless. There is an inherent risk that
losses may be incurred rather than profit made as a result
of buying and selling these Products. Past performance is
not necessarily indicative of future performance.
The risk of loss in trading futures contracts or options
can be substantial. In some circumstances, you may sustain
losses in excess of your initial margin funds. Placing contingent
orders, such as "stop-loss" or "stop-limit"
orders, will not necessarily achieve the desired results.
Market conditions may make it impossible to execute such orders.
You may be called upon at short notice to deposit additional
margin funds. If the required funds are not provided within
the prescribed time, your position may be liquidated. You
will remain liable for any resulting deficit in your account.
You should therefore study and understand futures contracts
and options before you trade and carefully consider whether
such trading is suitable in the light of your own financial
position and investment objectives.
|
|
This website is intended to be accessed by sophisticated and professional
investors in Hong Kong only.
The information on this site were made available solely for information
purposes and do not constitute an offer, solicitation or recommendation
with respect to buy or sell any investment products, or securities, or
financial products and instruments (the "Products"), or to participate
in any particular trading activities or strategies. Analysis and information
have not been independently verified, and any trade executed on the basis
of these information are taken at the investors' own risks. Investors
are advised to have sufficient knowledge and experience in financial and
business matters to evaluate the merits and risks of investing in any
of these Products, and should be able to bear the risks of an investment.
The information on this site were obtained from sources believe to be
reliable. iMarkets Ltd. makes no express or implied representations or
warranties concerning the completeness or accuracy or otherwise of these
information and accept no responsibility or liability whatsoever for any
loss or damage arising from these information.
The price and income of anyof the Products referenced in this site may
experience upward or downward movements, and may even become valueless.
There is an inherent risk that losses may be incurred rather than profit
made as a result of buying and selling these Products. Past performance
is not necessarily indicative of future performance.
The risk of loss in trading futures contracts or options can be substantial.
In some circumstances, you may sustain losses in excess of your initial
margin funds. Placing contingent orders, such as "stop-loss"
or "stop-limit" orders, will not necessarily achieve the desired
results. Market conditions may make it impossible to execute such orders.
You may be called upon at short notice to deposit additional margin funds.
If the required funds are not provided within the prescribed time, your
position may be liquidated. You will remain liable for any resulting deficit
in your account. You should therefore study and understand futures contracts
and options before you trade and carefully consider whether such trading
is suitable in the light of your own financial position and investment
objectives.
|