Inflation Linked Bonds. Ein attraktives Investment für Privatanleger?
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Studienarbeit aus dem Jahr 2008 im Fachbereich BWL - Bank, B�rse, Versicherung, Note: 1,3, Frankfurt School of Finance & Management (Frankfurt School of Finance & Management), Veranstaltung: Geld- und Verm�gensanlage, Sprache: Deutsch, Abstract: Diese Seminararbeit besch�ftigt sich mit Realzinsanleihen, auch Linker oder Inflation Linked Bonds (ILB) genannt. Sollte es ein Privatanleger f�r sinnvoll erachten, Ertr�ge und Verm�gen vor den Auswirkungen von Inflation zu sch�tzen, kann diese Arbeit dazu dienen, ihm einen �berblick �ber die Anlageform Inflation-Linked-Bonds / Inflationsindexierte Anleihen zu geben. Dazu geh�rt auch die Darstellung der Charakteristika der inflationsgesch�tzten Anleihen. Au erdem soll er die Vor- und Nachteile gegen�ber anderen Anlageformen kennen lernen, sodass er mit dem erworbenen Wissen entscheiden kann, ob es f�r ihn sinnvoll ist, inflationsgesch�tzte Bonds seinem Portfolio beizumischen. Um beurteilen zu k�nnen, ob inflationsindexierte Bonds eine m�gliche Anlagealternative f�r Privatanleger sind, wird zun�chst die historische Entwicklung beleuchtet. Danach werden Gr�nde der Emittenten untersucht, Inflationsbonds zu begeben. Anschlie end werden die Eigenschaften von Inflation-Indexed Bonds und eine Abgrenzung zu Nominalzinsanleihen herausgearbeitet. Im weiteren Fortgang der Untersuchungen werden typische Risiken von Investments untersucht und gepr�ft in wieweit ILB davon betroffen sind. Um fundierte Aussagen treffen zu k�nnen, wurden Interest Indexed Bonds im Kontext betrachtet. Dazu geh�rte es, ILB anderen Assetklassen gegen�berzustellen, um Vor- und Nachteile aufzeigen zu k�nnen. Zum Vergleich werden Nominalzinsanleihen herangezogen. Wenn Vergleiche mit Aktien, Immobilien und Gold sinnvoll sind, wird auch auf diese Assetklassen eingegangen. Um das Thema ILB dem Leser sachgerecht n�her bringen zu k�nnen, werden die Begriffe Inflation und Preisindex erl�utert, da diese f�r das Thema von gro er Bedeutung sind. Dazu geh�rt
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