Юнгианцы об эпилепсии
(Сонди Леопольд "Судьбоанализ")
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Sorella, спасибо, книга интересная. Вопросы случайностей-не случайностей очень интересуют в последнее время. Есть ли вообще в жизни место случаю?
2011 years will become the qualified domestic institutional investor (QDII) fund product innovation of the year, a series of focus on commodities, scarce resource stocks and specific industry fund, the rich investors perspective.The fund will be the real estate trust certificate (REITs) funds into China, the investor's eyes to the United States of america.
face numerous domestic and foreign investments, Penghua why only does favor American real estate?Now is whether the hunters the machine?The United States of America REITs how to invest to get the expected return?To accept the Securities Times reporter when the interview, Penghua Fund International Business general manager assistant, Penghua American real estate fund aspiring fund manager Qiu Tao weiweidaolai.The advantage of the unique American REITs
REITs occupy global market half of the country as an important financial innovation, has been widely exists in developed countries.Penghua launched real estate fund will mainly target the United States why?In Qiu Tao's view, the United States REITs has a long history of long-term performance can be accounted for half of global REITs market share, good fluidity, business very wide distribution, supervision is very strict and has been in continuous innovation and many other advantages, is the best choice of overseas investment REITs.
Qiu Tao further explained, the United States REITs commercial real estate is more, mainly on property management, most development business will be outsourced.The United States of America REITs industry highly vertically integrated, integrated upstream from the property development, property management in the middle and downstream of the capital operation and asset management.REITs managers through the acquisition, management, leasing, sale and other forms of direct real estate investment portfolio management, profit pattern and domestic real estate enterprises there is a big difference.
"from the source of revenue, the United States REITs regulatory requirements must be at least 75% of the total assets of the company to invest in real estate, at least 75% of the proceeds must come from the portfolio held by the property rent or mortgage interest, it also determines the REITs is a business estate, instead of developing real estate projects."Qiu Tao said, the rental income and assets are the two important sources of revenue in the REITs, so the REITs both cash income stability and assets growth.
compared to other varieties of investment, the United States REITs's biggest characteristic is reflected in the mandatory percentage bonus.Qiu Tao introduces, in the United States, regulates REITs annual taxable income of more than 90% to be distributed to investors, the dividend constraint also make REITs company management of funds available is limited, is advantageous to the company management.Because REITs enjoy tax preferential treatment, not to pay the enterprise income tax and capital gains tax, but through dividends to ordinary income, capital gains and the return of capital three kinds of forms is passed to the investor, and the investor according to personal tax rate, avoidance of double taxation.According to the United States of America real estate trust Association (NAREIT) data shows, from 1999 to 2009, the FTSE REITs index of American historical average dividend rate level in 6% 锝� 8%, provides investors with a relatively stable source of income.
in the information disclosure of listed REITs, the United States and other shares are the United States securities regulation, to disclose some information.In addition because the real estate properties, REITs's each property will be in the company posted on the website of relevant information, including all of its property name, location, area, rent, rental income, the disclosure of information, and real estate listing Corporation has a lot of advantages.