黄小茗

辉立集团

UNITED

STATES

UK

FRANCE

CHINA

JAPAN

SRI LANKA

SINGAPORE

MALAYSIA

HONG KONG

INDONESIA

THAILAND

TURKEY

INDIA

Octa Phillip is part of the PhillipCapital Group

with affiliations across 14 countries worldwide

ASSET MANAGEMENT

资产管理

CORPORATE

企业金融

EQUITY CAPITAL MARKETS

股票资本市场

CORPORATE ADVISORY

企业咨询

MERGERS & ACQUISITIONS

兼并收购 EQUITY MANAGEMENT

股票管理

FUNDS MANAGEMENT

基金管理

STOCKBROKING

证券

RESEARCH

研究

PRIVATE WEALTH

私人理财

INSTITUTIONAL DEALING

机构交易

Stockbroking

证券投资

S&P 200 V’s S&P 500

800

900

1,000

1,100

1,200

1,300

1,400

1,500

Oct-09 Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Oct-11 Feb-12 Jun-12

3,000

3,200

3,400

3,600

3,800

4,000

4,200

4,400

4,600

4,800

5,000

S&P500 S&P200

板块比较

-5

0

5

10

15

20

25

30

35

40

4.1535

XJO 20 Industrial XJO 40 Financials XJO 15 Materials

XJO 50 Telecoms XJO 35 HealthCare S&P/ASX 200

Benefits of Equity Investments in Australia

•更高回报率伴随更长投资期限

•伴有免税红利的股票获得更多税收优惠

•较定期存款和地产投资而言，资本流动性更大

~ 6.79%

着重于收益增长的投资组合

~ 3.9% - ~5.5%

*维多利亚州平均租房回报率

~5.1 % - 5.24%

*基于TD rates的12个月投资回报率

~3%

政府债券

*Above data does not include capital appreciation across asset classes

市场收益变动

0

5

10

15

20

25

30

35

40

Jan-07 Sep-07 May-08 Jan-09 Sep-09 May-10 Jan-11 Sep-11 May-12

FINANCIALS ENERGY INDUSTRIALS MATERIALS

我们的投资方式

•具有健康的财务报表和高现金储备

•现金收益强劲

•管理层经验丰富

•具有良好的收益前景和指导目标

保本投资

•具有良好财务报表的公司

•具备足够现金流

•高红利收益

•防御性股票

•较少受到汇率，利率以及大宗商品价格波动的影响

资本增长型投资

How to identify value

Exchange Traded Options

预购股票期权交易

场内买卖期权

期权是金融杠杆产品，给予买方在一定时间段内或特定日期，以约定价格购买或变卖证券的权利。

针对特定上市公司股票

小资产投入，高杠杆投资回报

保护所持有股票组合的价值

熊市牛市皆可获益

看涨期权( + )

看跌期权( - )

买方拥有在未来以约定价格购买股票的权利，而并非义务.

买方 卖方

买方拥有在未来以约定价格变卖股票的权利，而并非义务

买方 卖方

期权的组成部分

1. 合同大小 1份合同=100单位相关股票

2. 相关证券 合同中所指的相关股票

3. 有效期 合同涵盖的有效时间

4. 目标价位 合同中约定的买进、卖出价格

5. 期权类型 看涨或看跌

6. 价格 期权合同中买方支付给卖方的费用

1 ANZ OCT11 $20.00 Call @ $0.50

看涨期权：低廉的看涨获益途径

第一天： ANZ股价 =$20 每股

投资者认为ANZ股价会在十月到期日时上涨$1 至$21每股

投资者的选择：

以现价$20每股购进1000股ANZ股票= $20,000

买入10份ANZ看涨期权 @ $0.40 = $400

股票 期权

1000股 花费 $20,000 $400

ANZ 股价@ $19.00 -$1,000 -$400

ANZ 股价@ $21.00 $1,000 $600

% 回报率 5% 150%

期权 + 股票组合 = 溢价

卖 10 ANZ OCT11 $20.00 Call @ $0.40

买 1,000 ANZ shares at $20.00

投资者实际购进股票价格为$19.60 = $20.00 - $0.40

以低于市面价值的价格购进股票

最高获利锁定在$0.4每股

如果股价跌至$20以下则购买选择权自动

Shares Options

Scenario @ Expiry $20,000 $0

$20.00 以下 $0 +$400

$20.00 以上 Sell shares +$400

期权 + 股票组合回报率

Significant Investment Visa

高端投资人签证

高端投资人签证 (简称SIV)

州/地区政府债券

受澳洲证券与投资委员会规管并获授权投资于澳洲本土的基金

直接投资于澳洲非上市公司

须为澳洲合资格企业

申请者须拥有企业的所有者权益

为澳洲证券与投资委员会注册企业

具有澳洲商业登记号（ABN）的企业

Significant Investment Visa

直接投资 (须同时满足以下条件）

管理基金 债券

澳洲交易所上市公司发行的债券和股票

在授权存款机构内的存款

州/地区政府债券

基建项目

债券及定期存款

不动产物业

其他受澳洲证券与投资委员会规管的基金

州政府

地区政府

六种投资组合类型

监管下的投资机制

完整的税收计划及报告

极具竞争力的投资服务费用

最低投资金额$2.5万

Significant Investors Visa 大型投资者签证

医疗保健基金回报

0

50

100

150

200

250

Jun-08 Nov-08 Apr-09 Sep-09 Feb-10 Jul-10 Dec-10 May-11 Oct-11 Mar-12 Aug-12

IBABF Fund ASX 200 (AI)

Total return values indexed to 100 at June 2008

资源类基金回报

0

20

40

60

80

100

120

140

160

180

Jul-08 Dec-08 May-09 Oct-09 Mar-10 Aug-10 Jan-11 Jun-11 Nov-11 Apr-12 Sep-12

Phillip Resources Fund ASX 300 Resources (TR) ASX Metals & Mining (TR)

ASX Small Resources (TR) ASX 200 (TR)

Octa Phillip Securities

This publication has been prepared solely for the information of the particular person to whom it was supplied by Octa Phillip Securities

Limited (“Octa Phillip”) AFSL 246827. This publication contains general securities advice. In preparing the advice, Octa Phillip has not

taken into account the investment objectives, financial situation and particular needs of any particular person. Before making an

investment decision on the basis of this advice, you need to consider, with or without the assistance of a securities adviser, whether the

advice in this publication is appropriate in light of your particular investment needs, objectives and financial situation. Octa Phillip and its

associates within the meaning of the Corporations Act may hold securities in the companies referred to in this publication. Octa Phillip

believes that the advice and information herein is accurate and reliable, but no warranties of accuracy, reliability or completeness are

given (except insofar as liability under any statute cannot be excluded). No responsibility for any errors or omissions or any negligence is

accepted by Octa Phillip or any of its directors, employees or agents. This publication must not be distributed to retail investors outside of

Australia.

黄小茗 03 8633 9912

辉立集团

xhuang@octaphillip.com

www.Octaphillip.com