Understand the real estate investment trusts in China, Hongkong and the United States.

Mature markets and rich products are more suitable for global asset allocation.

Two ways to invest in overseas real estate investment trust funds;

1. Direct investment means opening a Hong Kong stock account and directly purchasing overseas REITs.

The advantage is that you can avoid risks and increase profits by careful selection; It can also reduce the price difference earned by middlemen.

The disadvantage is that opening an account and saving money are more troublesome, especially now.

2. Indirect investment means indirect purchase of overseas REITs through QDII funds.

The advantages are less operation and overall safety, which is very suitable for small capital investment.

The disadvantage is that it is good to get the average market income, in fact, if it is a stable style investment.

Since domestic REITs have not been officially listed, and overseas REITs have their own investment advantages, we can consider investing in overseas REITs at this stage.

Development and main characteristics of real estate investment trusts in the United States and China;

The development of REITs in various countries and regions is a financial history in which many departments constantly struggle with various economic crises.

American Real Estate Investment Trust:

REITs was formally born in the United States in 1960, and has been developing for about 60 years.

Here are two important conclusions:

First, REITs in the United States generally rose in most years, but also fell sharply in individual years.

Second, after every crisis, REITs will usher in a larger expansion, which means that every seemingly collapse is actually the best investment opportunity.

Here, I am not encouraging everyone to "bargain-hunting", but reminding everyone that we must make good investment preparations in advance.

Super keywords: in advance

To have a knowledge reserve is to seriously study investment methods; There must be financial preparation, that is, to raise geese quickly.

At that time, we will seize the opportunity to quickly realize the outbreak of passive income.

Advantages and disadvantages of American real estate investment trusts;

Advantages: large quantity, large scale and complete categories.

There are more than 200 REITs in the United States, a large number; Moreover, the overall scale of REITs in the United States accounts for 2/3 of the world, which is twice that of other countries and regions combined.

The property types of REITs in the United States cover 12, which enables us to choose safer and more profitable varieties.

Disadvantages: large quantity, need to choose carefully.

American REITs have hundreds of billions of big Macs and tens of thousands of dollars of small fishing boats. After all, there are many, good and bad.

In this way, we need to polish our eyes and choose carefully when screening.

Generally speaking, REITs in the United States can give us more choices and let us choose safe and profitable varieties; However, when choosing, you need to keep your eyes open and choose carefully.

Hong Kong Real Estate Investment Trust:

In August 2003, the Hong Kong Securities Regulatory Commission issued the first edition of the Code of Real Estate Investment Trust Funds, which officially introduced REITs products.

In 2005, the first REITs in Hong Kong went on the market, with a history of 15 years. The real estate investment trust market in Hong Kong continues to grow and develop.

By the end of 20 19, there were 12 REITs listed in Hong Kong (of which 1 only has been delisted), with a total market value of about HK$ 286.77 billion, making it the third largest REITs market in Asia, second only to Japan and Singapore.

Over the past decade or so, the overall income of REITs in Hong Kong: from the low point of the economic crisis in 2008 to the high point of 20 19, the overall increase of REITs in Hong Kong has more than tripled.

Three main characteristics of Hong Kong Real Estate Investment Trust Fund;

The first feature is that the scale of a single REITs is generally large.

The number of REITs in Hong Kong is only 65,438+02, one of which has been delisted, but even the smallest REITs in Hong Kong can reach more than 65,438+0 billion.

The largest REITs, the leading real estate fund, is the largest REITs in Asia, accounting for 60% of the REITs in Hong Kong stocks. Therefore, although the number of REITs in Hong Kong is small, there are many fine products.

Second, the comprehensive rate of return of REITs is higher than that of stocks.

From the end of 2008 to April 4, 20 19, the Hang Seng REITs index rose more than three times, and the annualized rate of return was 9.35%, which was higher than the Hang Seng Index (6.73%) in the same period.

The high return is mainly due to the excellent property management and investment ability of REITs in Hong Kong, and the rising level of property rent.

The third feature is that many Hong Kong REITs hold mainland assets.

For example, Huixian Industrial Trust, Yuexiu Property Trust and Kaiyuan Industrial Trust, which hold Oriental Plaza mentioned earlier, all hold mainland assets.

It is equivalent to holding mainland real estate through Hong Kong stocks, which is also an important feature of REITs in Hong Kong.

# Financial Learning Notes #

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Adhere to 365 consecutive day shifts.

Day 24

202124 February