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Image sizes: 256x256, 48x48, 32x32, 24x24, 16x16 File formats: ICO, BMP, GIF, PNG Tags: arror icon, free icons for visual basic, aiim icons, hodegetria icon, little icon onTo have, and, on the contrary, the more low risk, the more low the income rate.3. The initial structure of a portfolio is defined depending on The investment purposes of the investor - formation of a portfolio is possible, Causing it or smaller risk. Proceeding from it the investor can To be aggressive or conservative. The aggressive investor is inclined to the high Risk degrees. In the investment activity it places emphasis on Investments in risky papers and projects. The conservative investor is inclined to Smaller degree of risk. It puts means in stably working The enterprises, and also in bonds and short-term securities. 4. In practice there are some schemes of management of a portfolio, each of Which are defined by behaviour of the investor in this or that situation. The first scheme. The investor defines in advance borders, in which frameworks There is a division of tools on risk, term and profitableness, such The image forms baskets with certain characteristics. To each basket The certain fixed weight (share) in an investment portfolio is taken away. This share remains to a constant eventually. The structure of baskets can To vary under the influence of various factors: * Macroeconomic situation; * Changes of criteria of the investor; * The changes which have occurred to the project or a security. The second scheme. The investor adheres to a flexible scale of scales of baskets in Investment portfolio. Originally the portfolio is formed starting with Certain weight parities between baskets and their elements. In Further they are reconsidered depending on results of the analysis Financial situation in the market and expected changes of a conjuncture commodity and Financial demand. And that, and other scheme of management of a portfolio means the hierarchical The approach to the analysis and selection as elements of baskets, and portfolio elements. The essence of the hierarchical approach is shown on fig. 3.9. He allows accurately To distribute powers and duties in group of investment management Firms.
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