政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/151499

政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/151499

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | 全文笔数/总笔数 : 113318/144297 (79%)
造访人次 : 50994893 在线人数 : 913

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

搜寻范围

查询小技巧：

您可在西文检索词汇前后加上"双引号"，以获取较精准的检索结果

若欲以作者姓名搜寻，建议至进阶搜寻限定作者字段，可获得较完整数据

进阶搜寻

主页 ‧ 登入 ‧ 上传 ‧ 说明 ‧ 关于政大典藏 ‧ 管理

到手机版

政大機構典藏 > 商學院 > 國際經營管理英語碩士學程IMBA > 學位論文 > Item 140.119/151499

请使用永久网址来引用或连结此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/151499

题名:	釋放機會：探索印尼 ETF 的潛力和投資吸引力 Unlocking Opportunities: Exploring the Potential and Investment Appeal of Indonesian ETFs
作者:	劉金輝 Pratama, Felix
贡献者:	郭維裕 Kuo, Weiyu George 劉金輝 Felix Pratama
关键词:	ETF 保管費報酬率股票指數多元化 ETF Expense Ratio Total Return Stock Index Diversification
日期:	2024
上传时间:	2024-06-03 11:40:57 (UTC+8)
摘要:	本研究旨在探討印尼 ETF 作為印尼投資者投資選擇的潛力，並為投資印尼 ETF 提供寶貴的見解。重點關注指數ETF，選取印尼幾隻著名ETF，與美國、日本、台灣等較成熟市場的ETF進行比較。用於比較的主要參數是費用率、績效和流動性。分析顯示，對ETF的了解不足、現有ETF的費用率較高、市場上產品缺乏多樣性是印尼ETF面臨的挑戰。借鑒台灣的經驗，印尼可以與現有的金融影響者和投資平台合作，透過社群媒體提供有關 ETF 的知識和活動。由於ETF提供的便利性以及超過50%的印尼人是千禧世代和Z世代，印尼ETF作為投資選擇擁有很高的機會。 This research aims to examine the potential of Indonesian ETFs as an investment alternative among Indonesian investors and provide valuable insights into investing in Indonesian ETFs. Focusing on index-based ETFs, several famous Indonesian ETFs are selected and compared with the ETFs from more mature markets, namely the United States, Japan, and Taiwan. The main parameters used for the comparison are expense ratio, performance, and liquidity. The analysis reveals that a lack of knowledge about ETFs, high expense ratios of the existing ETFs, and a lack of product variations in the market are the challenges faced by Indonesian ETFs. Learning from Taiwan’s experience, Indonesia could collaborate with existing financial influencers and investment platforms to provide knowledge and campaigns about ETFs through social media. With the convenience provided by ETFs and more than 50% of Indonesian people are millennials and Gen Z, Indonesian ETFs possess high opportunities as the investment alternative.
參考文獻:	Antoniewicz, R., & Heinrichs, J. (2014). Understanding Exchange-Traded Funds: How ETFs Work. ICI Research Perspective. Au, S. (2023, December 14). Asia-Pacific’s ETF industry is taking off, says Invesco executive. Retrieved from Financial Times: https://www.ft.com/content/6161940f-906c-4a47-8736-d124babdb73d Bartolini, M. J. (2024, January 5). December ETF Flows: ETFs Break Records. Retrieved from State Street Corporation: https://www.ssga.com/us/en/intermediary/etfs/insights/december-etf-flows--etfs-break-records Beers, B. (2023, December 10). What's the Smallest Number of Shares I Can Buy? Retrieved from Investopedia: https://www.investopedia.com/ask/answers/whats-the-smallest-number-shares-i-can-buy/#:~:text=There%20is%20no%20minimum%20order,which%20don't%20have%20commissions. Berk, J., & DeMarzo, P. (2020). Corporate Finance, 5th ed., Global Edition. Pearson. BlackRock. (2021, October). 4 TRENDS DRIVING ETF GROWTH. Retrieved from BlackRock: https://www.blackrock.com/sg/en/ishares/insights/growth-trends Bodie, Z., Kane, A., & Marcus, A. (2021). Investments (12th ed.). McGraw-Hill Education. Caporal, J. (2023, November 1). How Many Americans Own Stock? About 158 Million -- But the Wealthiest 1% Own More Than Half. Retrieved from The Motley Fool: https://www.fool.com/research/how-many-americans-own-stock/#toc_stock-ownership-by-generation Chen, J. (2022, May 27). What Is an Authorized Participant? Definition, Examples, Benefits. Retrieved from Investopedia: https://www.investopedia.com/terms/a/authorizedparticipant.asp#:~:text=Instead%2C%20authorized%20participants%20are%20compensated,to%20resell%20for%20a%20profit. Chen, J. (2023, Feburary 10). Annualized Total Return Formula and Calculation. Retrieved from Investopedia: https://www.investopedia.com/terms/a/annualized-total-return.asp Chen, J. (2024, January 20). Exchange-Traded Fund (ETF) Explanation With Pro and Cons. Retrieved from Investopedia: https://www.investopedia.com/terms/e/etf.asp#toc-what-is-an-exchange-traded-fund-etf Cohen, S. (2024, January 17). Global ETF Market Facts: three things to know from Q4 2023. Retrieved from iShares by Blackrock: https://www.ishares.com/us/insights/global-etf-facts-q4-2023 DataReportal. (2024, February 21). Digital 2024: Indonesia. Retrieved from DataReportal: https://datareportal.com/reports/digital-2024-indonesia Dwi, C. (2023, December 6). Deretan 10 Saham IPO 2023 Terboncos, Ada yang Turun 89%. Retrieved from CNBC Indonesia: https://www.cnbcindonesia.com/market/20231206005553-17-494832/deretan-10-saham-ipo-2023-terboncos-ada-yang-turun-89 ETF.com. (2023). ETF efficiency: How to evaluate an ETF. Retrieved from Fidelity: https://www.fidelity.com/learning-center/investment-products/etf/etf-efficiency ETFGI. (2024, January 18). ETFGI reports assets invested in the ETFs industry in the United States reached a new milestone of US$8.12 trillion at the end of 2023. Retrieved from ETFGI: https://etfgi.com/news/press-releases/2024/01/etfgi-reports-assets-invested-etfs-industry-united-states-reached-new Federal Reserve. (2023, December 15). Distribution of Household Wealth in the U.S. since 1989. Retrieved from Federal Reserve: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:136;series:Corporate%20equities%20and%20mutual%20fund%20shares;demographic:generation;population:all;units:shares;range:2004.2,2021.2 Focus Taiwan. (2023, December 8). Taiwan ETFs top NT$3 trillion in 20 years. Retrieved from Focus Taiwan: https://focustaiwan.tw/business/202308120008 Foelber, D. (2023, December 27). The Dow Jones Just Hit an All-Time High. Here's Why It Could Beat the Nasdaq in 2024. Retrieved from Nasdaq: https://www.nasdaq.com/articles/the-dow-jones-just-hit-an-all-time-high.-heres-why-it-could-beat-the-nasdaq-in-2024. Gallup. (2023, May 24). What Percentage of Americans Own Stock? Retrieved from Gallup: https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx Goodkind, N., & Buchwald, E. (2023, December 29). Stocks went gangbusters in 2023. Here are the biggest winners and losers. Retrieved from CNN Business: https://edition.cnn.com/2023/12/29/investing/stock-market-record-winners-and-losers-2023/index.html Hamdhi, A. (2023, November 25). Dana Kelolaan ETF Hanya Naik 42% Saat Jumlah Produk ETF Melesat 108%. Retrieved from Kontan.co.id: https://investasi.kontan.co.id/news/dana-kelolaan-etf-hanya-naik-42-saat-jumlah-produk-etf-melesat-108 Hayes, A. (2024, February 6). Dollar-Cost Averaging (DCA) Explained With Examples and Considerations. Retrieved from Investopedia: https://www.investopedia.com/terms/d/dollarcostaveraging.asp Hill, J. M., Nadig, D., & Hougan, M. (2015). A Comprehensive Guide to Exchange-Traded Funds (ETFs). The CFA Institute Research Foundation. Huhulea, I. (2024, February 01). The Future of ETFs: An Advanced Investor's Guide. Retrieved from Investopedia: https://www.investopedia.com/the-future-of-etfs-4772514 IDN Times. (2024). Indonesia Gen Z Report 2024. Retrieved from https://cdn.idntimes.com/content-documents/indonesia-gen-z-report-2024.pdf IDN Times. (2024). Indonesia Millenial Report 2024. Retrieved from https://cdn.idntimes.com/content-documents/indonesia-millennial-report-2024.pdf IDX. (2023, December 29). Melalui Berbagai Pencapaian Tahun 2023, Pasar Modal Indonesia Tunjukkan Optimisme Hadapi Tahun 2024. Retrieved from Indonesia Stock Exchange (IDX): https://www.idx.co.id/en/news/press-release/2080 Iguchi, K. (2023, December 30). Japan stocks' 28% jump in 2023 fueled by reform, Buffett and M&A. Retrieved from Nikkei Asia: https://asia.nikkei.com/Business/Markets/Japan-stocks-28-jump-in-2023-fueled-by-reform-Buffett-and-M-A Indonesia Central Securities Depository. (2023, December). Statistik Pasar Modal Indonesia December 2023. Retrieved from https://www.ksei.co.id/files/Statistik_Publik_Desember_2023_v4.pdf Indonesia Stock Exchange. (2023, December). Average Daily Trading Value All Instrument Activities - Q4 2023. Retrieved from https://idx.co.id/id/data-pasar/laporan-statistik/digital-statistic/yearly/trading-summary/average-daily-trading-value-all-instrument-activities?filter=eyJ5ZWFyIjoyMDIzLCJtb250aCI6MCwicXVhcnRlciI6NCwidHlwZSI6InllYXJseSJ9 Indonesia Stock Exchange. (2023, December). Exchange Traded Fund (ETF) Activities - Q4 2023. Retrieved from https://idx.co.id/id/data-pasar/laporan-statistik/digital-statistic/yearly/trading-summary/etf-activities?filter=eyJ5ZWFyIjoyMDIzLCJtb250aCI6MCwicXVhcnRlciI6NCwidHlwZSI6InllYXJseSJ9 Indonesian Ministry of Trade. (2023, December 18). Bappebti Records Crypto Asset Customers Reaching 18.25 Million. Retrieved from Indonesian Ministry of Trade: https://www.kemendag.go.id/berita/pojok-media/bappebti-catat-pelanggan-aset-kripto-tembus-1825-juta Japan Securities Dealers Association. (2023, September). 個人株主の動向について. Retrieved from https://www.jsda.or.jp/shiryoshitsu/toukei/2022kozinkabunusidoukou.pdf JPX Market Innovation & Research, Inc. (2023, December 29). Historical TOPIX Index Value. Retrieved from https://www.jpx.co.jp/english/markets/indices/topix/tvdivq00000030ne-att/topixyear_e.xls Jung-feng, C., Ming-yan, J., & Hsiu-chuan, S. (2023, December 29). Taiwan stock market achieves second-largest gain in history in 2023. Retrieved from Focus Taiwan: https://focustaiwan.tw/business/202312290011 Kapron, Z. (2024, January 4). Japan’s Stock Market Outlook Is Bullish For 2024. Retrieved from Forbes: https://www.forbes.com/sites/zennonkapron/2024/01/04/japans-stock-market-outlook-is-bullish-for-2024/?sh=23fc24c374d0 Kawaji, Y., & Yuasa, K. (2022, December 4). Elderly make up 40% of retail investors in Japan Inc. Retrieved from Nikkei Asia: https://asia.nikkei.com/Spotlight/Datawatch/Elderly-make-up-40-of-retail-investors-in-Japan-Inc#:~:text=TOKYO%20%2D%2D%20Shareholders%20of%20Japanese,from%2015%25%20three%20decades%20ago. Kenton, W. (2020, December 16). Tokyo Price Index (TOPIX): What it is, Sector Indices. Retrieved from Investopedia: https://www.investopedia.com/terms/t/topix.asp#:~:text=TOPIX%20tracks%20domestic%20companies%20in,companies%20traded%20on%20the%20TSE. Leung, C. (2024, January 19). Homegrown asset managers grab limelight in Asia ETF boom. Retrieved from Financial Times: https://www.ft.com/content/210172fb-6bc6-489d-b9ab-e34b0da14f13 Marszk, A., Lechman, E., & Kato, Y. (2019). The Emegence of ETFs in Asia-Pacific. Springer. Murwani, S. (2023, September 01). Ingin Cepat Kaya, Gen Z Pilih Investasi Berisiko Tinggi. Retrieved from tirto.id: https://tirto.id/ingin-cepat-kaya-gen-z-pilih-investasi-berisiko-tinggi-gPtZ#google_vignette Napoletano, E. (2023, March 21). How To Invest with Dollar Cost Averaging. Retrieved from Forbes Advisor: https://www.forbes.com/advisor/investing/dollar-cost-averaging/ Otoritas Jasa Keuangan. (2024, January 30). Capital Market Weekly Statistics: Fourth Week of January 2024. Retrieved from https://ojk.go.id/id/kanal/pasar-modal/data-dan-statistik/statistik-pasar-modal/Documents/4.%20STATISTIK%20JANUARI%20MGG%20KE-4%202024.pdf Poser, S. W. (2024, January 11). 2023: The Year in U.S. ETPs, Part 1 - The big picture. Retrieved from NYSE: https://www.nyse.com/data-insights/2023-the-year-in-us-etps-part-1 Poser, S. W. (2024, January 17). 2023: The Year in U.S. ETPs, Part 2 - A tale of three products. Retrieved from NYSE: https://www.nyse.com/data-insights/2023-the-year-in-us-etps-part-2#fn Rachman, J. (2024, February 4). From K-pop to ‘Top Gun,’ Indonesia’s presidential hopefuls battle it out with TikTok gimmicks. Retrieved from CNBC: https://www.cnbc.com/2024/02/05/indonesias-presidential-hopefuls-on-tiktok-to-woo-gen-zs-millennials.html#:~:text=With%20125%20million%20monthly%20active,and%20updates%20about%20the%20election. Rajendra, R. (2023, December 27). Deretan 10 Saham IPO 2023 Paling Boncos, Ambles di Bawah Gocap. Retrieved from Bisnis.com: https://market.bisnis.com/read/20231227/7/1727478/deretan-10-saham-ipo-2023-paling-boncos-ambles-di-bawah-gocap Ross, S. (2024, February 01). How To Evaluate ETF Performance. Retrieved from Investopedia: https://www.investopedia.com/articles/etfs-mutual-funds/042616/how-evaluate-etf-performance.asp S&P Dow Jones Indices. (2023, December 29). Index Dashboard: U.S. Retrieved from S&P Dow Jones Indices: https://www.spglobal.com/spdji/en/documents/performance-reports/dashboard-us-2023-12.pdf S&P Dow Jones Indices. (2024, January 1). Index Dashboard: U.S. December 2023. Retrieved from chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://on.spdji.com/rs/838-LDP-483/images/dashboard-us-2023-12.pdf Shinozaki, K., & Yoshii, K. (2023, November 21). Japan stocks' post-bubble high driven by foreigners in risk-on mode. Retrieved from Nikkei Asia: https://asia.nikkei.com/Business/Markets/Japan-stocks-post-bubble-high-driven-by-foreigners-in-risk-on-mode SIFMA Research. (2024, January). Research Quarterly: Equities. Retrieved from Sifma: https://www.sifma.org/wp-content/uploads/2023/10/Research-Quarterly-Equity-and-Related-4Q23.pdf Simpson, S. (2023, December 17). A Brief History of Exchange-Traded Funds. Retrieved from Investopedia: https://www.investopedia.com/articles/exchangetradedfunds/12/brief-history-exchange-traded-funds.asp#toc-the-growth-of-an-industry Smith, L. (2024, January 15). How ETFs Are Constructed. Retrieved from Investopedia: https://www.investopedia.com/articles/mutualfund/05/062705.asp#:~:text=An%20ETF%20manager%20or%20sponsor%20files%20a%20plan%20with%20the,to%20form%20ETF%20creation%20units. Statista. (2024). Social media in Indonesia. Statista. Taiwan Index Plus. (2023, January 10). December 2022 Indexed Investment Report. Retrieved from https://backend.taiwanindex.com.tw/api/downloadFile/InvestmentReports/80/en Taiwan Index Plus. (2024, January 10). December 2023 Indexed Investment Report. Retrieved from https://backend.taiwanindex.com.tw/api/downloadFile/InvestmentReports/95/en Taiwan Stock Exchange. (2023, December). 2023/12 Investors with Trading Accounts by Age. Retrieved from https://www.twse.com.tw/en/trading/statistics/list02-264.html?date=20231201 Taiwan Stock Exchange. (2024, January 8). Statistics of Securities Market (December 2023). Retrieved from https://www.twse.com.tw/staticFiles/inspection/inspection/02/001/202312_C02001.zip Tasleem, R. (2023, December 30). Taiwan Stock Market Concludes 2023 with Impressive 26.7% Annual Increase. Retrieved from BNN: https://bnnbreaking.com/finance-nav/stock-markets/taiwan-stock-market-concludes-2023-with-impressive-26-7-annual-increase/ The Investment Trust Association, Japan. (2024). Changes in Assets of Publicly Offered Investment Trusts of Contractual Type. Retrieved from https://www.toushin.or.jp/statistics/statistics/data/ The Japan Times. (2023, December 29). Japanese stocks post best yearly gain since Abenomics jolt. Retrieved from The Japan Times: https://www.japantimes.co.jp/business/2023/12/29/markets/stocks-best-yearly-gain-since-abenomics/ Tokyo Stock Exchange. (2023, July). ETF Beneficiary Survey (July 2023). Retrieved from https://www.jpx.co.jp/english/markets/statistics-equities/examination/tvdivq0000001x67-att/ETF202307.pdf Tokyo Stock Exchange. (2023, December). Investment Trusts. Retrieved from https://www.jpx.co.jp/english/markets/statistics-equities/monthly/u5j7e50000000q9x-att/07_etf2312.pdf Tokyo Stock Exchange. (2023, December). Key Statistics for Stocks. Retrieved from https://www.jpx.co.jp/english/markets/statistics-equities/monthly/u5j7e50000000q9x-att/01_sokatu2312.pdf U.S. Securities and Exchange Commission. (2023, September). Mutual Funds and ETFs – A Guide for Investors. Retrieved from Investor.gov: U.S. Securities and Exchange Commission: https://www.sec.gov/investor/pubs/sec-guide-to-mutual-funds.pdf
描述:	碩士國立政治大學國際經營管理英語碩士學位學程(IMBA) 111933031
資料來源:	http://thesis.lib.nccu.edu.tw/record/#G0111933031
数据类型:	thesis
显示于类别:	[國際經營管理英語碩士學程IMBA] 學位論文

文件中的档案:

档案	大小	格式	浏览次数
index.html	0Kb	HTML	55	检视/开启

在政大典藏中所有的数据项都受到原著作权保护.

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

DSpace Software Copyright © 2002-2004 MIT & Hewlett-Packard / Enhanced by NTU Library IR team Copyright © - 回馈