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Stratégies d'investissement en actions et fonds à capital garanti

Author

Listed:
  • Roland Gillet
  • Isabelle Nagot
  • Ariane Szafarz

Abstract

Les fonds à capital garanti proposés par les institutions financières connaissent une grande popularité. Pourtant, ce type de placement peut souvent être mis en œuvre facilement par l’investisseur individuel à moindres frais via un recours direct aux marchés financiers. Sur base d'un cas simple, cet article détaille les diverses possibilités ainsi accessibles à l'investisseur et en compare les implications pratiques en terme de rentabilité et d'horizon de placement. Tout en intégrant les considérations stratégiques propres aux émetteurs, il vise à démystifier la "boîte noire" que constituent encore aux yeux de trop nombreux investisseurs les fonds à capital garanti et justifie toute l'attention accordée par les autorités de contrôle à la communication financière relative à ces produits.

Suggested Citation

  • Roland Gillet & Isabelle Nagot & Ariane Szafarz, 2006. "Stratégies d'investissement en actions et fonds à capital garanti," Working Papers CEB 06-008.RS, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:sol:wpaper:06-008
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    References listed on IDEAS

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    More about this item

    Keywords

    fonds communs; gestion de portefeuille; capital garanti; stratégies d’investissement.;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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