{"id":33747,"date":"2026-11-06T10:45:40","date_gmt":"2026-11-06T01:45:40","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=33747"},"modified":"2026-11-06T10:45:40","modified_gmt":"2026-11-06T01:45:40","slug":"ue-what-is-smart-i-pro-us-reboot-75","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-what-is-smart-i-pro-us-reboot-75","title":{"rendered":"Smart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u3068\u306f\uff1fS&#038;P500\u6bd4\u8f03\u3084NISA\u6d3b\u7528\u6cd5\u3092\u5fb9\u5e95\u89e3\u8aac"},"content":{"rendered":"<h2 data-path-to-node=\"0\">Smart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u3068\u306f\uff1fS&amp;P500\u6bd4\u8f03\u3084NISA\u6d3b\u7528\u6cd5\u3092\u5fb9\u5e95\u89e3\u8aac<\/h2>\n<div>\n<div class=\"attention a-1\">\n<p style=\"text-align: left;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg\" alt=\"\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\" width=\"110\" height=\"110\" class=\"wp-image-2102 alignnone\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg 700w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-300x300.jpg 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-150x150.jpg 150w\" sizes=\"(max-width: 110px) 100vw, 110px\" \/>\u3000<strong>\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\u3000<\/strong><br \/>\n<span style=\"font-size: 10pt;\"><a href=\"https:\/\/official.gfs.tokyo\/\">GFS<\/a>\u6821\u9577\u3002CFP\u00ae\u30021\u7d1a\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30d7\u30e9\u30f3\u30cb\u30f3\u30b0\u6280\u80fd\u58eb(\u8cc7\u7523\u8a2d\u8a08\u63d0\u6848\u696d\u52d9)\u3002<a href=\"https:\/\/www.jafp.or.jp\/\">\u65e5\u672cFP\u5354\u4f1a<\/a>\u4f1a\u54e1\u3002\u65e5\u672cFP\u5b66\u4f1a\u4f1a\u54e1\u3002\u00a0<a href=\"https:\/\/mba.globis.ac.jp\/\">\u30b0\u30ed\u30fc\u30d3\u30b9\u7d4c\u55b6\u5927\u5b66\u9662<\/a>\u4fee\u4e86(MBA\/\u7d4c\u55b6\u5b66\u4fee\u58eb)\u3002<\/span><br \/>\n<span style=\"font-size: 10pt;\">\u65e5\u672c\u306eFP\u306e\u5148\u99c6\u8005\u3068\u3057\u3066\u8cc7\u7523\u904b\u7528\u306e\u5553\u8499\u306b\u5f93\u4e8b\u3002\u30bd\u30d5\u30c8\u30d0\u30f3\u30af\u30b0\u30eb\u30fc\u30d7\u304c\u5275\u8a2d\u3057\u305f\u79c1\u7acb<a href=\"https:\/\/www.cyber-u.ac.jp\/teacher\/ichikawa_yuichiro.html\">\u30b5\u30a4\u30d0\u30fc\u5927\u5b66<\/a>\u3067\u6559\u97ad\u3092\u57f7\u308b\u307b\u304b\u3001\u8b1b\u6f14\u4f9d\u983c\u3001\u30e1\u30c7\u30a3\u30a2\u51fa\u6f14\u3082\u591a\u6570\u3002\u8457\u66f8\u306b<a href=\"https:\/\/www.amazon.co.jp\/%E6%8A%95%E8%B3%87%E3%81%A7%E5%88%A9%E7%9B%8A%E3%82%92%E5%87%BA%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B%E4%BA%BA%E3%81%9F%E3%81%A1%E3%81%8C%E5%A4%A7%E4%BA%8B%E3%81%AB%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B-45%E3%81%AE%E6%95%99%E3%81%88-%E5%B8%82%E5%B7%9D-%E9%9B%84%E4%B8%80%E9%83%8E\/dp\/4532358825\">\u300c\u6295\u8cc7\u3067\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u4eba\u305f\u3061\u304c\u5927\u4e8b\u306b\u3057\u3066\u3044\u308b 45\u306e\u6559\u3048\u300d\uff08\u65e5\u672c\u7d4c\u6e08\u65b0\u805e\u51fa\u7248\uff09<\/a><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 10pt;\">\u516c\u5f0fX \u30a2\u30ab\u30a6\u30f3\u30c8\u3000<a href=\"https:\/\/twitter.com\/ichikawa_toushi\">\u5e02\u5ddd\u96c4\u4e00\u90ce@\u304a\u91d1\u306e\u5b66\u6821 \u6821\u9577<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"2\" class=\"\">\u5e8f\u7ae0\uff1a\u682a\u5f0f\u6295\u8cc7\u306e\u300c\u5e38\u8b58\u300d\u3092\u8986\u3059\u65b0\u3057\u3044\u9078\u629e\u80a2<\/h2>\n<p data-path-to-node=\"3\"><span class=\"\">\u8cc7\u7523\u5f62\u6210\u306e\u624b\u6bb5\u3068\u3057\u3066\u3001<\/span><span class=\"\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306f\u5b8c\u5168\u306b\u5e02\u6c11\u6a29\u3092\u7372\u5f97\u3057\u307e\u3057\u305f\u3002<\/span><span class=\"\">\u91d1\u878d\u5e81\u306b\u3088\u308b\u3064\u307f\u305f\u3066NISA\u306e\u5275\u8a2d\u3001<\/span><span class=\"\">\u305d\u3057\u3066\u65b0NISA\u5236\u5ea6\u306e\u6052\u4e45\u5316\u3068\u62e1\u5145\u306b\u3088\u308a\u3001<\/span><span class=\"\">\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u591a\u304f\u304c\u300cS&amp;P 500\u300d\u3084\u300c\u5168\u4e16\u754c\u682a\u5f0f\uff08\u30aa\u30fc\u30eb\u30fb\u30ab\u30f3\u30c8\u30ea\u30fc\uff09\u300d\u3068\u3044\u3063\u305f\u738b\u9053\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u306b\u6bce\u6708\u30b3\u30c4\u30b3\u30c4\u3068\u8cc7\u91d1\u3092\u6295\u5165\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"4\"><span class=\"\">\u3053\u308c\u3089\u306e\u4f1d\u7d71\u7684\u306a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306f\u3001<\/span><span class=\"\">\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u3068\u3044\u3046\u5408\u7406\u7684\u306a\u4ed5\u7d44\u307f\u306b\u57fa\u3065\u304d\u3001<\/span><span>\u8cc7\u672c\u4e3b\u7fa9\u306e\u679c\u5b9f\u3092\u4f4e\u30b3\u30b9\u30c8\u304b\u3064\u624b\u8efd\u306b\u4eab\u53d7\u3067\u304d\u308b\u6975\u3081\u3066\u512a\u308c\u305f\u91d1\u878d\u5546\u54c1\u3067\u3059\u3002<\/span><span class=\"\">\u3057\u304b\u3057\u3001<\/span><strong><\/strong><span class=\"f-marker-y\"><strong>\u305d\u3053\u306b\u306f\u69cb\u9020\u7684\u306a\u300c\u76f2\u70b9\u300d\u3082\u5b58\u5728\u3057\u307e\u3059\u3002\u305d\u308c\u306f\u3001<span class=\"\">\u3059\u3067\u306b\u5de8\u5927\u5316\u3057\u3001<\/span><\/strong><span class=\"\"><strong>\u5b89\u5b9a\u3057\u305f\u5de8\u984d\u306e\u5229\u76ca\u3092\u51fa\u3057\u7d9a\u3051\u3066\u3044\u308b\u300c\u6210\u719f\u3057\u305f\u52dd\u3061\u7d44\u5927\u4f01\u696d\u300d\u3070\u304b\u308a\u306b\u8cc7\u91d1\u304c\u6975\u7aef\u306b\u504f\u3063\u3066\u3057\u307e\u3046\u3068\u3044\u3046\u70b9\u3067\u3059<\/strong><\/span><\/span><span class=\"\">\u3002<\/span><span>\u4f8b\u3048\u3070\u3001<\/span><span>\u8fd1\u5e74\u306eS&amp;P 500\u306b\u304a\u3044\u3066\u306f\u3001<\/span><span>\u300c\u30de\u30b0\u30cb\u30d5\u30a3\u30bb\u30f3\u30c8\u30fb\u30bb\u30d6\u30f3\uff08M7\uff09\u300d\u3068\u547c\u3070\u308c\u308b\u4e00\u63e1\u308a\u306e\u5de8\u5927\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u4f01\u696d\u3060\u3051\u3067\u6307\u6570\u5168\u4f53\u306e3\u5272\u4ee5\u4e0a\u306e\u6bd4\u91cd\u3092\u5360\u3081\u308b\u3068\u3044\u3046\u3001<\/span><span>\u7570\u4f8b\u306e\u96c6\u4e2d\u72b6\u614b\u304c\u7d9a\u3044\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"5\"><strong><span class=\"f-marker-p\">\u300c\u3059\u3067\u306b\u6210\u529f\u3057\u305f\u5de8\u5927\u4f01\u696d\u306b\u8ffd\u5f93\u3059\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u4e00\u5ea6\u3064\u307e\u305a\u3044\u305f\u3082\u306e\u306e\u3001<span class=\"\">\u5f37\u70c8\u306a\u69cb\u9020\u6539\u9769\u3084\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306b\u3088\u3063\u3066\u8d64\u5b57\u304b\u3089\u8131\u5374\u3057\u3001<\/span>\u6025\u6fc0\u306a\u6210\u9577\u8ecc\u9053\u3078\u3068\u8fd4\u308a\u54b2\u3053\u3046\u3068\u3057\u3066\u3044\u308b\u4f01\u696d\u3092\u4f53\u7cfb\u7684\u306b\u6349\u3048\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u304b\u300d<\/span><\/strong><\/p>\n<p data-path-to-node=\"6\"><strong>\u3053\u306e\u3088\u3046\u306a\u7740\u60f3\u304b\u3089\u8a95\u751f\u3057\u305f\u306e\u304c\u3001<span class=\"\">\u308a\u305d\u306a\u30a2\u30bb\u30c3\u30c8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u304c\u904b\u7528\u3059\u308b\u300cSmart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08\u611b\u79f0\u30fb\u7565\u79f0\uff1aSp\u30ea\u30d6\u30fc\u30c8\uff09\u300d\u3067\u3059\u3002<\/span><\/strong><\/p>\n<p data-path-to-node=\"7\"><span class=\"\">\u5f53\u30d5\u30a1\u30f3\u30c9\u304c\u9023\u52d5\u3092\u76ee\u6307\u3059\u306e\u306f\u3001<\/span><span style=\"text-decoration: underline;\"><span class=\"\">\u5927\u624b\u91d1\u878d\u60c5\u5831\u30d9\u30f3\u30c0\u30fc\u3067\u3042\u308b\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u793e\u304c\u958b\u767a\u3057\u305f\u300c\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570\u300d\u3002<\/span><span class=\"\">\u4f1d\u7d71\u7684\u306a\u300c\u512a\u826f\u9ed2\u5b57\u4f01\u696d\u3078\u306e\u6295\u8cc7\u300d\u3068\u3044\u3046\u5e38\u8b58\u3092\u771f\u3063\u5411\u304b\u3089\u8986\u3057\u3001<\/span>\u300c\u8d64\u5b57\u304b\u3089\u306e\u696d\u7e3e\u6025\u56de\u5fa9\uff08\u30bf\u30fc\u30f3\u30a2\u30e9\u30a6\u30f3\u30c9\uff09\u300d\u3092\u6570\u5024\u57fa\u6e96\u3067\u53b3\u683c\u306b\u6349\u3048\u3001\u682a\u4fa1\u306e\u7206\u767a\u7684\u306a\u30ea\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\uff08\u518d\u8a55\u4fa1\uff09\u3092\u72d9\u3046\u3001\u6975\u3081\u3066\u6311\u6226\u7684\u304b\u3064\u5408\u7406\u7684\u306a\u30b9\u30de\u30fc\u30c8\u30d9\u30fc\u30bf\u30fb\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"8\"><span>\u672c\u7a3f\u3067\u306f\u3001<\/span><span>\u672c\u30d5\u30a1\u30f3\u30c9\u306e\u57fa\u672c\u30b9\u30da\u30c3\u30af\u304b\u3089\u6307\u6570\u306e\u8a73\u7d30\u306a\u9298\u67c4\u9078\u5b9a\u30a2\u30eb\u30b4\u30ea\u30ba\u30e0\u3001<\/span><span class=\"\">\u30bb\u30af\u30bf\u30fc\u69cb\u6210\u306e\u771f\u5b9f\u3001<\/span><span class=\"\">\u738b\u9053S&amp;P 500\u3068\u306e\u8a73\u7d30\u306a\u6bd4\u8f03\u3001<\/span><span>\u4e0b\u843d\u8010\u6027\u3068\u56de\u5fa9\u30b9\u30d4\u30fc\u30c9\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3001<\/span><span class=\"\">NISA\u5236\u5ea6\u306b\u304a\u3051\u308b\u5b9f\u8df5\u7684\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u8a2d\u8a08\u3001<\/span><span>\u305d\u3057\u3066\u73fe\u4ee3\u3092\u751f\u304d\u308b\u79c1\u305f\u3061\u304c\u306a\u305c\u91d1\u878d\u77e5\u8b58\u3092\u78e8\u304d\u7d9a\u3051\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u306e\u304b\u306b\u81f3\u308b\u307e\u3067\u3001<\/span><span>\u521d\u5fc3\u8005\u306b\u3082\u308f\u304b\u308a\u3084\u3059\u304f\u3001<\/span><span>\u304b\u3064\u5c02\u9580\u7684\u306a\u6df1\u5ea6\u3092\u640d\u306a\u308f\u305a\u306b\u5b8c\u5168\u7db2\u7f85\u3067\u89e3\u8aac\u3057\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"10\">\u7b2c1\u7ae0\uff1aSmart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u6982\u8981\u3068\u57fa\u672c\u30b9\u30da\u30c3\u30af<\/h2>\n<p data-path-to-node=\"11\"><span>\u307e\u305a\u306f\u3001<\/span><span>\u30d5\u30a1\u30f3\u30c9\u306e\u57fa\u672c\u7684\u306a\u5546\u54c1\u7279\u6027\u3001<\/span><span>\u4fe1\u8a17\u5831\u916c\u3092\u306f\u3058\u3081\u3068\u3059\u308b\u30b3\u30b9\u30c8\u69cb\u9020\u3001<\/span><span class=\"\">\u305d\u3057\u3066\u8a2d\u5b9a\u306e\u80cc\u666f\u306b\u3064\u3044\u3066\u6574\u7406\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"12\">1-1. \u57fa\u672c\u30b9\u30da\u30c3\u30af\u4e00\u89a7<\/h3>\n<table data-path-to-node=\"13\">\n<thead>\n<tr>\n<td><strong>\u9805\u76ee<\/strong><\/td>\n<td><strong>\u8a73\u7d30\u5185\u5bb9<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"13,1,0,0\"><b data-path-to-node=\"13,1,0,0\" data-index-in-node=\"0\">\u30d5\u30a1\u30f3\u30c9\u540d<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,1,1,0\">Smart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,2,0,0\"><b data-path-to-node=\"13,2,0,0\" data-index-in-node=\"0\">\u611b\u79f0\u30fb\u7565\u79f0<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,2,1,0\">Sp\u30ea\u30d6\u30fc\u30c8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,3,0,0\"><b data-path-to-node=\"13,3,0,0\" data-index-in-node=\"0\">\u904b\u7528\u4f1a\u793e<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,3,1,0\">\u308a\u305d\u306a\u30a2\u30bb\u30c3\u30c8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u682a\u5f0f\u4f1a\u793e<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,4,0,0\"><b data-path-to-node=\"13,4,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u5bfe\u8c61\u6307\u6570<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,4,1,0\">\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570\uff08\u914d\u5f53\u8fbc\u307f\u3001\u5186\u63db\u7b97\u30d9\u30fc\u30b9\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,5,0,0\"><b data-path-to-node=\"13,5,0,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\u7387<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,5,1,0\">\u5e74\u7387 <b data-path-to-node=\"13,5,1,0\" data-index-in-node=\"3\">0.385%<\/b>\uff08\u7a0e\u8fbc\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,6,0,0\"><b data-path-to-node=\"13,6,0,0\" data-index-in-node=\"0\">\u8cfc\u5165\u6642\u624b\u6570\u6599<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,6,1,0\">\u306a\u3057\uff08\u30ce\u30fc\u30ed\u30fc\u30c9\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,7,0,0\"><b data-path-to-node=\"13,7,0,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u8ca1\u7523\u7559\u4fdd\u984d<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,7,1,0\">\u306a\u3057\uff08\u89e3\u7d04\u6642\u30da\u30ca\u30eb\u30c6\u30a3\u306a\u3057\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,8,0,0\"><b data-path-to-node=\"13,8,0,0\" data-index-in-node=\"0\">\u8a2d\u5b9a\u65e5<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,8,1,0\">2026\u5e749\u67088\u65e5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,9,0,0\"><b data-path-to-node=\"13,9,0,0\" data-index-in-node=\"0\">\u6c7a\u7b97\u65e5<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,9,1,0\">\u539f\u5247\u5e741\u56de<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,10,0,0\"><b data-path-to-node=\"13,10,0,0\" data-index-in-node=\"0\">\u70ba\u66ff\u30d8\u30c3\u30b8<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,10,1,0\">\u539f\u5247\u306a\u3057\uff08\u70ba\u66ff\u5909\u52d5\u30ea\u30b9\u30af\u3092\u76f4\u63a5\u53d7\u5bb9\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"13,11,0,0\"><b data-path-to-node=\"13,11,0,0\" data-index-in-node=\"0\">NISA\u9069\u7528\u533a\u5206<\/b><\/span><\/td>\n<td><span data-path-to-node=\"13,11,1,0\"><b data-path-to-node=\"13,11,1,0\" data-index-in-node=\"0\">\u6210\u9577\u6295\u8cc7\u67a0<\/b>\uff08\u3064\u307f\u305f\u3066\u6295\u8cc7\u67a0\u306f\u4e0d\u53ef\uff09<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"14\" class=\"\">1-2. \u30b3\u30b9\u30c8\u306e\u59a5\u5f53\u6027\u3068\u30d5\u30a1\u30f3\u30c9\u5206\u985e<\/h3>\n<p data-path-to-node=\"15\"><span class=\"\">\u672c\u30d5\u30a1\u30f3\u30c9\u306e\u4fe1\u8a17\u5831\u916c\u306f\u5e74\u73870.<\/span><span class=\"\">385%\uff08\u7a0e\u8fbc\uff09\u3067\u3059\u3002<\/span><span class=\"\"> \u8fd1\u5e74\u306e\u4e00\u822c\u7684\u306a\u7c73\u56fd\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\uff08S&amp;P 500\u9023\u52d5\u578b\u306a\u3069\uff09\u304c\u5e74\u73870.<\/span><span class=\"\">05%\u301c0.<\/span><span>09%\u524d\u5f8c\u306e\u8d85\u4f4e\u30b3\u30b9\u30c8\u7af6\u4e89\u3092\u7e70\u308a\u5e83\u3052\u3066\u3044\u308b\u70b9\u3068\u6bd4\u8f03\u3059\u308b\u3068\u3001<\/span><span>\u4e00\u898b\u3059\u308b\u3068\u300c\u3084\u3084\u5272\u9ad8\u300d\u306b\u6620\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002<\/span><\/p>\n<p data-path-to-node=\"16\"><span>\u3057\u304b\u3057\u3001<\/span><span class=\"\">\u904b\u7528\u306e\u5b9f\u8cea\u7684\u306a\u4e2d\u8eab\u3092\u7cbe\u67fb\u3059\u308b\u3068\u3001<\/span><span class=\"\">\u3053\u306e\u8a55\u4fa1\u306f\u4e00\u5909\u3057\u307e\u3059\u3002<\/span><span class=\"\">\u672c\u30d5\u30a1\u30f3\u30c9\u306f\u300c\u5f62\u5f0f\u4e0a\u306f\u6307\u6570\u306b\u9023\u52d5\u3059\u308b\u30d1\u30c3\u30b7\u30d6\uff08\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff09\u30d5\u30a1\u30f3\u30c9\u300d\u3067\u3042\u308a\u306a\u304c\u3089\u3001<\/span><span class=\"\">\u305d\u306e\u6307\u6570\u305d\u306e\u3082\u306e\u304c\u300c\u8d64\u5b57\u4f01\u696d\u306e\u62bd\u51fa\u30fb\u5229\u76ca\u7387\u30e2\u30e1\u30f3\u30bf\u30e0\u306e\u6e2c\u5b9a\u30fb\u56db\u534a\u671f\u3054\u3068\u306e\u9ad8\u901f\u30ea\u30d0\u30e9\u30f3\u30b9\u30fb\u500b\u5225\u9298\u67c4\u4e0a\u9650\u30ad\u30e3\u30c3\u30d7\u300d\u3068\u3044\u3046\u9ad8\u5ea6\u306a\u5b9a\u91cf\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\uff08\u30d5\u30a1\u30af\u30bf\u30fc\u6295\u8cc7\uff09\u3092\u5b9f\u884c\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"17\"><span class=\"\">\u901a\u5e38\u3001<\/span><span>\u30a6\u30a9\u30fc\u30eb\u8857\u306e\u30a2\u30af\u30c6\u30a3\u30d6\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u304c\u30bf\u30fc\u30f3\u30a2\u30e9\u30a6\u30f3\u30c9\u9298\u67c4\uff08\u4f01\u696d\u518d\u751f\u30fb\u53cd\u8ee2\u9298\u67c4\uff09\u3092\u767a\u6398\u3057\u3066\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u7d44\u3080\u5834\u5408\u3001<\/span><span class=\"\">\u4fe1\u8a17\u5831\u916c\u306f\u5e74\u73871.<\/span><span>2%\u301c1.<\/span><span>8%\u7a0b\u5ea6\u306b\u8a2d\u5b9a\u3055\u308c\u308b\u306e\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/span><span class=\"\">\u3053\u308c\u306b\u5bfe\u3057\u3001<\/span><span>\u672c\u30d5\u30a1\u30f3\u30c9\u306f\u6975\u3081\u3066\u9ad8\u5ea6\u306a\u30a2\u30af\u30c6\u30a3\u30d6\u7684\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u3001<\/span><span class=\"\">\u30eb\u30fc\u30eb\u30d9\u30fc\u30b9\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u904b\u7528\u306b\u843d\u3068\u3057\u8fbc\u3080\u3053\u3068\u3067\u3001<\/span><span>\u308f\u305a\u304b<\/span><b data-path-to-node=\"17\" data-index-in-node=\"155\">0.385%\u3068\u3044\u3046\u4f4e\u6c34\u6e96\u306a\u30e9\u30f3\u30cb\u30f3\u30b0\u30b3\u30b9\u30c8<\/b><span>\u3067\u63d0\u4f9b\u3057\u3066\u3044\u307e\u3059\u3002<\/span><span>\u3053\u306e\u300c\u30b3\u30b9\u30c8\u5bfe\u6226\u7565\u306e\u9ad8\u5ea6\u3055\u300d\u306e\u30d0\u30e9\u30f3\u30b9\u3053\u305d\u304c\u3001<\/span><span>\u30b9\u30de\u30fc\u30c8\u30d9\u30fc\u30bf\u578b\u30d5\u30a1\u30f3\u30c9\u3068\u3057\u3066\u306e\u6700\u5927\u306e\u6b66\u5668\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"18\"><span>\u307e\u305f\u3001<\/span><span>\u8cfc\u5165\u6642\u624b\u6570\u6599\u304c\u7121\u6599\u306e\u300c\u30ce\u30fc\u30ed\u30fc\u30c9\u300d\u3001<\/span><span>\u89e3\u7d04\u6642\u306b\u57fa\u6e96\u4fa1\u984d\u304b\u3089\u5dee\u3057\u5f15\u304b\u308c\u308b\u300c\u4fe1\u8a17\u8ca1\u7523\u7559\u4fdd\u984d\u300d\u3082\u30bc\u30ed\u3068\u306a\u3063\u3066\u304a\u308a\u3001<\/span><span>\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u51fa\u5165\u308a\u304c\u6975\u3081\u3066\u30b9\u30e0\u30fc\u30ba\u306a\u8a2d\u8a08\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"20\" class=\"\">\u7b2c2\u7ae0\uff1a\u6307\u6570\u306e\u5fc3\u81d3\u90e8\u300c\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570\u300d\u306e\u9078\u5b9a\u57fa\u6e96<\/h2>\n<p data-path-to-node=\"21\"><span class=\"\">\u672c\u30d5\u30a1\u30f3\u30c9\u306e\u904b\u7528\u6210\u679c\u3092\u6c7a\u5b9a\u3065\u3051\u308b\u306e\u306f\u3001<\/span><span class=\"\">\u9023\u52d5\u5bfe\u8c61\u3067\u3042\u308b\u300c\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570\uff08Bloomberg US Turnaround 75 Index\uff09\u300d\u306e\u8a2d\u8a08\u601d\u60f3\u3067\u3059\u3002<\/span><span class=\"\">\u76f4\u611f\u3084\u4e3b\u89b3\u7684\u306a\u601d\u60d1\u3092\u5b8c\u5168\u306b\u6392\u9664\u3057\u3001<\/span><span class=\"\">\u53b3\u683c\u306a\u30c7\u30fc\u30bf\u3068\u6570\u5024\u57fa\u6e96\u306b\u57fa\u3065\u3044\u3066\u884c\u308f\u308c\u308b4\u6bb5\u968e\u306e\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u624b\u9806\u3092\u7d10\u89e3\u304d\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"22\" class=\"\">2-1. \u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u624b\u9806\u306e4\u3064\u306e\u30b9\u30c6\u30c3\u30d7<\/h3>\n<p><response-element class=\"no-md md-has-block-component\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c1952861238=\"\" class=\"ng-tns-c1952861238-151 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c1952861238=\"\" class=\"code-block ng-tns-c1952861238-151 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:W1sicl8wY2I3MTk5MGZjZTQ1ZDZlIiwiY183MjYyN2FiOGQ5NTcwOTBlIixudWxsLCJyY19hMzY1NTA5NGMwNjViMzUzIixudWxsLG51bGwsImphIixudWxsLDEsbnVsbCxudWxsLDAsMF1d\">\n<div _ngcontent-ng-c1952861238=\"\" class=\"formatted-code-block-internal-container ng-tns-c1952861238-151\">\n<div _ngcontent-ng-c1952861238=\"\" class=\"animated-opacity ng-tns-c1952861238-151\">\n<pre _ngcontent-ng-c1952861238=\"\" class=\"ng-tns-c1952861238-151\"><code _ngcontent-ng-c1952861238=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c1952861238-151 no-decoration-radius\">\u3010\u7b2c1\u30b9\u30c6\u30c3\u30d7\uff1a\u30e6\u30cb\u30d0\u30fc\u30b9\u3068\u6d41\u52d5\u6027\u6392\u9664\u3011\r\nBloomberg US Large, Mid &amp; Small Cap Index\r\n\uff08\u6642\u4fa1\u7dcf\u984d5\u5104\u30c9\u30eb\u4ee5\u4e0a \u304b\u3064 90\u65e5\u5e73\u5747\u58f2\u8cb7\u4ee3\u91d1500\u4e07\u30c9\u30eb\u4ee5\u4e0a\uff09\r\n       \u2502\r\n       \u25bc\r\n\u3010\u7b2c2\u30b9\u30c6\u30c3\u30d7\uff1a\u8d64\u5b57\u30d5\u30a3\u30eb\u30bf\u30fc\u3011\r\n\u76f4\u8fd1\u3001\u307e\u305f\u306f\u904e\u53bb\u306e\u4e00\u5b9a\u671f\u9593\u306b\u304a\u3044\u3066\u7d14\u5229\u76ca\u304c0\u672a\u6e80\uff08\u8d64\u5b57\uff09\u306e\u4f01\u696d\u3092\u62bd\u51fa\r\n       \u2502\r\n       \u25bc\r\n\u3010\u7b2c3\u30b9\u30c6\u30c3\u30d7\uff1a\u696d\u7e3e\u6539\u5584\u30e2\u30e1\u30f3\u30bf\u30e0\u5224\u5b9a\u3011\r\n\u76f4\u8fd1\u6c7a\u7b97\u304a\u3088\u3073\u30a2\u30ca\u30ea\u30b9\u30c8\u4e88\u60f3\u5024\u306b\u57fa\u3065\u304d\u3001\u7d14\u5229\u76ca\u30fb\u55b6\u696d\u5229\u76ca\u7387\u306e\u53cd\u8ee2\u6539\u5584\u3092\u78ba\u8a8d\r\n       \u2502\r\n       \u25bc\r\n\u3010\u7b2c4\u30b9\u30c6\u30c3\u30d7\uff1a\u4e0a\u4f4d75\u9298\u67c4\u9078\u5b9a\u3068\u52a0\u91cd\u30ad\u30e3\u30c3\u30d7\u3011\r\n\u7d14\u5229\u76ca\u7387\u306e\u9ad8\u3055\u3067\u4e0a\u4f4d75\u9298\u67c4\u3092\u9078\u629c\r\n\u6d6e\u52d5\u682a\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd \uff0b 1\u9298\u67c4\u3042\u305f\u308a\u6700\u59276%\u306e\u4e0a\u9650\u30ad\u30e3\u30c3\u30d7\u3092\u9069\u7528\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h4 data-path-to-node=\"24\" class=\"\">\u7b2c1\u30b9\u30c6\u30c3\u30d7\uff1a\u89aa\u30e6\u30cb\u30d0\u30fc\u30b9\u306e\u9078\u5b9a\u3068\u6d41\u52d5\u6027\u30d5\u30a3\u30eb\u30bf\u30fc<\/h4>\n<p data-path-to-node=\"25\"><span class=\"\">\u6307\u6570\u306e\u6bcd\u4f53\u3068\u306a\u308b\u306e\u306f\u3001<\/span><span>\u7c73\u56fd\u306e\u5927\u578b\u682a\u3001<\/span><span class=\"\">\u4e2d\u578b\u682a\u3001<\/span><span class=\"\">\u5c0f\u578b\u682a\u307e\u3067\u3092\u5e45\u5e83\u304f\u7db2\u7f85\u3059\u308b\u300cBloomberg US Large,<\/span><span> Mid &amp; Small Cap Index\u300d\u3067\u3059\u3002<\/span><span> \u3053\u3053\u3067\u91cd\u8981\u306a\u306e\u306f\u3001<\/span><span>\u7121\u540d\u306e\u8d85\u96f6\u7d30\u4f01\u696d\u3084\u3001<\/span><span>\u4ed5\u624b\u682a\u306e\u3088\u3046\u306a\u6295\u6a5f\u7684\u9298\u67c4\u3092\u3042\u3089\u304b\u3058\u3081\u6392\u9664\u3059\u308b\u305f\u3081\u306e\u53b3\u683c\u306a\u30cf\u30fc\u30c9\u30eb\u304c\u8a2d\u3051\u3089\u308c\u3066\u3044\u308b\u70b9\u3067\u3059\u3002<\/span><\/p>\n<ul data-path-to-node=\"26\">\n<li>\n<p data-path-to-node=\"26,0,0\"><b data-path-to-node=\"26,0,0\" data-index-in-node=\"0\">\u6d6e\u52d5\u682a\u6642\u4fa1\u7dcf\u984d<\/b><span>:<\/span><span> 5\u5104\u7c73\u30c9\u30eb\uff08\u65e5\u672c\u5186\u63db\u7b97\u3067\u7d04750\u5104\u5186\u4ee5\u4e0a\uff09<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"26,1,0\"><b data-path-to-node=\"26,1,0\" data-index-in-node=\"0\">\u6d41\u52d5\u6027\u57fa\u6e96<\/b><span>:<\/span><span> \u904e\u53bb90\u65e5\u9593\u306e1\u65e5\u3042\u305f\u308a\u5e73\u5747\u58f2\u8cb7\u4ee3\u91d1\u304c500\u4e07\u7c73\u30c9\u30eb\uff08\u7d047.<\/span><span>5\u5104\u5186\u4ee5\u4e0a\uff09<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"27\"><span class=\"\">\u3053\u306e\u30d5\u30a3\u30eb\u30bf\u30fc\u306b\u3088\u308a\u3001<\/span><span>\u7c73\u56fd\u306e\u30da\u30cb\u30fc\u30b9\u30c8\u30c3\u30af\uff08\u30dc\u30ed\u682a\uff09\u3084\u3001<\/span><span>\u58f2\u8cb7\u304c\u6210\u7acb\u3057\u306b\u304f\u304f\u30b9\u30d7\u30ec\u30c3\u30c9\uff08\u58f2\u8cb7\u624b\u6570\u6599\u5dee\uff09\u304c\u81a8\u3089\u3080\u3088\u3046\u306a\u4e0d\u6d41\u52d5\u6027\u30ea\u30b9\u30af\u304c\u6a5f\u68b0\u7684\u306b\u906e\u65ad\u3055\u308c\u307e\u3059\u3002<\/span><\/p>\n<h4 data-path-to-node=\"28\">\u7b2c2\u30b9\u30c6\u30c3\u30d7\uff1a\u9006\u5f35\u308a\u306e\u300c\u8d64\u5b57\u300d\u4f01\u696d\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0<\/h4>\n<p data-path-to-node=\"29\"><span>\u3053\u3053\u304c\u672c\u6307\u6570\u306e\u6700\u3082\u5c16\u3063\u305f\u3001<\/span><span>\u72ec\u81ea\u6027\u306e\u9ad8\u3044\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002<\/span><span class=\"\"> \u6307\u6570\u7b97\u51fa\u6642\u70b9\u3067\u7d14\u5229\u76ca\u304c0\u672a\u6e80\uff08\u8d64\u5b57\uff09\u3067\u3042\u308b\u304b\u3001<\/span><span>\u3042\u308b\u3044\u306f\u904e\u53bb\u306e\u4e00\u5b9a\u89b3\u5bdf\u671f\u9593\u306b\u304a\u3044\u3066\u7d14\u5229\u76ca\u304c\u8d64\u5b57\u306b\u8ee2\u843d\u3057\u305f\u3053\u3068\u306e\u3042\u308b\u4f01\u696d\u306e\u307f\u3092\u30d7\u30fc\u30eb\u3057\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"30\"><span>\u4e00\u822c\u7684\u306a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306e\u5e38\u8b58\u3067\u306f\u3001<\/span><span class=\"\">\u300c\u8d64\u5b57\u4f01\u696d\uff1d\u696d\u7e3e\u4e0d\u632f\u306e\u5371\u967a\u306a\u4f01\u696d\u300d\u3068\u3057\u3066\u6295\u8cc7\u5bfe\u8c61\u304b\u3089\u6392\u9664\u3055\u308c\u307e\u3059\u3002<\/span><span>\u3057\u304b\u3057\u3001<\/span><span class=\"\">\u8cc7\u672c\u4e3b\u7fa9\u306e\u6b74\u53f2\u306b\u304a\u3044\u3066\u3001<\/span><span class=\"\">\u6700\u3082\u682a\u4fa1\u306e\u4e0a\u6607\u7387\uff08\u30d1\u30fc\u30bb\u30f3\u30c6\u30fc\u30b8\uff09\u304c\u5927\u304d\u304f\u306a\u308b\u306e\u306f\u3001<\/span><span>\u300c\u8d85\u512a\u826f\u4f01\u696d\u304c\u3055\u3089\u306b\u826f\u304f\u306a\u3063\u305f\u77ac\u9593\u300d\u3067\u306f\u306a\u304f\u3001<\/span><span class=\"\">\u300c\u7d4c\u55b6\u5371\u6a5f\u3084\u8d64\u5b57\u3067\u53e9\u304d\u58f2\u3089\u308c\u3066\u3044\u305f\u4f01\u696d\u306e\u696d\u7e3e\u304c\u5e95\u3092\u6253\u3061\u3001<\/span><span class=\"\">\u7834\u7dbb\u61f8\u5ff5\u304c\u6d88\u6ec5\u3057\u3066\u9ed2\u5b57\u8ee2\u63db\u3078\u5411\u304b\u3046\u77ac\u9593\u300d\u3067\u3059\u3002<\/span><span>\u672c\u6307\u6570\u306f\u3001<\/span><span>\u3042\u3048\u3066\u3053\u306e\u300c\u696d\u7e3e\u306e\u3069\u3093\u5e95\u300d\u3092\u7d4c\u9a13\u3057\u305f\u4f01\u696d\u7fa4\u306b\u30d5\u30a9\u30fc\u30ab\u30b9\u3092\u5f53\u3066\u308b\u306e\u3067\u3059\u3002<\/span><\/p>\n<h4 data-path-to-node=\"31\" class=\"\">\u7b2c3\u30b9\u30c6\u30c3\u30d7\uff1a\u5b9a\u91cf\u7684\u306a\u300c\u696d\u7e3e\u6539\u5584\uff08\u30bf\u30fc\u30f3\u30a2\u30e9\u30a6\u30f3\u30c9\uff09\u300d\u306e\u5224\u5b9a<\/h4>\n<p data-path-to-node=\"32\"><span>\u3082\u3061\u308d\u3093\u3001<\/span><span>\u8d64\u5b57\u306e\u307e\u307e\u3067\u5ef6\u3005\u3068\u7d4c\u55b6\u304c\u6539\u5584\u3057\u306a\u3044\u300c\u30be\u30f3\u30d3\u4f01\u696d\u300d\u3092\u62b1\u3048\u8fbc\u3093\u3067\u3057\u307e\u3048\u3070\u3001<\/span><span>\u30d5\u30a1\u30f3\u30c9\u306e\u57fa\u6e96\u4fa1\u984d\u306f\u6bc0\u640d\u3057\u7d9a\u3051\u307e\u3059\u3002<\/span><span>\u305d\u3053\u3067\u7b2c3\u30b9\u30c6\u30c3\u30d7\u306b\u304a\u3044\u3066\u3001<\/span><span>\u53b3\u5bc6\u306a\u53cd\u8ee2\u30b7\u30b0\u30ca\u30eb\u3092\u5224\u5b9a\u3057\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"33\"><span>\u76f4\u8fd1\u306e\u56db\u534a\u671f\u6c7a\u7b97\u30c7\u30fc\u30bf\u304a\u3088\u3073\u5e02\u5834\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\uff08\u30a2\u30ca\u30ea\u30b9\u30c8\u4e88\u60f3\uff09\u3092\u7dcf\u5408\u7684\u306b\u5206\u6790\u3057\u3001<\/span><b data-path-to-node=\"33\" data-index-in-node=\"41\">\u300c\u7d14\u5229\u76ca\u300d\u306a\u3089\u3073\u306b\u300c\u55b6\u696d\u5229\u76ca\u7387\u300d\u304c\u7d99\u7d9a\u7684\u306b\u6539\u5584\u8ecc\u9053\u3092\u63cf\u3044\u3066\u3044\u308b\u304b<\/b><span class=\"\">\u3092\u30b9\u30b3\u30a2\u30ea\u30f3\u30b0\u3057\u307e\u3059\u3002<\/span><span>\u58f2\u4e0a\u9ad8\u306e\u4e00\u6642\u7684\u306a\u5897\u52a0\u3060\u3051\u3067\u306a\u304f\u3001<\/span><span>\u5fb9\u5e95\u7684\u306a\u30ea\u30b9\u30c8\u30e9\u3001<\/span><span class=\"\">\u56fa\u5b9a\u8cbb\u306e\u524a\u6e1b\u3001<\/span><span class=\"\">\u4e0d\u63a1\u7b97\u4e8b\u696d\u306e\u58f2\u5374\u3001<\/span><span>\u3042\u308b\u3044\u306f\u65b0\u88fd\u54c1\u306e\u30d2\u30c3\u30c8\u306a\u3069\u306b\u3088\u3063\u3066\u3001<\/span><span>\u672c\u696d\u306e\u53ce\u76ca\u69cb\u9020\u304c\u660e\u78ba\u306b\u4e0a\u5411\u304d\u59cb\u3081\u305f\u4f01\u696d\u3060\u3051\u304c\u3053\u306e\u30b9\u30c6\u30c3\u30d7\u3092\u901a\u904e\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<h4 data-path-to-node=\"34\">\u7b2c4\u30b9\u30c6\u30c3\u30d7\uff1a\u4e0a\u4f4d75\u793e\u306e\u9078\u5b9a\u3068\u300c6%\u30ad\u30e3\u30c3\u30d7\u300d\u306e\u5999\u5473<\/h4>\n<p data-path-to-node=\"35\"><span>\u696d\u7e3e\u6539\u5584\u30c8\u30ec\u30f3\u30c9\u304c\u78ba\u8a8d\u3055\u308c\u305f\u4f01\u696d\u7fa4\u306e\u4e2d\u304b\u3089\u3001<\/span><span class=\"\">\u76f4\u8fd112\u30f6\u6708\uff08Trailing 12-Month\uff09\u306e\u7d14\u5229\u76ca\u7387\u306e\u6539\u5584\u5ea6\u5408\u3084\u6c34\u6e96\u306b\u57fa\u3065\u304d\u3001<\/span><strong>\u4e0a\u4f4d75\u9298\u67c4<span class=\"\">\u304c\u6700\u7d42\u7684\u306a\u69cb\u6210\u9298\u67c4\u3068\u3057\u3066\u9078\u51fa\u3055\u308c\u307e\u3059\u3002<\/span><\/strong><\/p>\n<p data-path-to-node=\"36\"><span class=\"\">\u7d44\u307f\u5165\u308c\u30a6\u30a7\u30a4\u30c8\u306f\u300c\u6d6e\u52d5\u682a\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u300d\u3092\u63a1\u7528\u3057\u3066\u3044\u307e\u3059\u304c\u3001<\/span><span class=\"\">\u3053\u3053\u306b\u3082\u6c7a\u5b9a\u7684\u306b\u91cd\u8981\u306a\u30eb\u30fc\u30eb\u304c\u3042\u308a\u307e\u3059\u3002<\/span><strong><span class=\"\">\u300c1\u9298\u67c4\u3042\u305f\u308a\u306e\u69cb\u6210\u6bd4\u7387\u306f\u6700\u59276%\u307e\u3067\u300d\u3068\u3044\u3046\u500b\u5225\u9298\u67c4\u4e0a\u9650\u30ad\u30e3\u30c3\u30d7\uff08\u5236\u9650\uff09\u3067\u3059\u3002<\/span><\/strong><span class=\"\"> \u3082\u3057\u3053\u306e\u30ad\u30e3\u30c3\u30d7\u304c\u5b58\u5728\u3057\u306a\u3051\u308c\u3070\u3001<\/span><span class=\"\">\u30c6\u30b9\u30e9\u3084\u30e1\u30bf\u306e\u3088\u3046\u306b\u3001<\/span><span class=\"\">\u4e00\u6642\u7684\u306b\u696d\u7e3e\u304c\u60aa\u5316\u3057\u3066\u8d64\u5b57\u3084\u6025\u6fc0\u306a\u6e1b\u76ca\u3092\u7d4c\u9a13\u3057\u305f\u5de8\u5927\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u4f01\u696d\u304c\u6539\u5584\u30d5\u30a7\u30fc\u30ba\u306b\u5165\u3063\u305f\u969b\u3001<\/span><span class=\"\">\u305d\u306e1\u793e\u3060\u3051\u3067\u6307\u6570\u306e20%\u301c30%\u3092\u5360\u3081\u3066\u3057\u307e\u3046\u4e8b\u614b\u306b\u306a\u308a\u304b\u306d\u307e\u305b\u3093\u3002<\/span><span class=\"\">6%\u30ad\u30e3\u30c3\u30d7\u3092\u8a2d\u3051\u308b\u3053\u3068\u3067\u3001<\/span><span>\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5168\u4f53\u306b\u30d0\u30e9\u30f3\u30b9\u3088\u304f\u5206\u6563\u304c\u5229\u304d\u3001<\/span><span class=\"\">\u4e2d\u5805\u30fb\u6210\u9577\u4f01\u696d\u306e\u53cd\u767a\u529b\u3092\u3042\u307e\u3059\u3068\u3053\u308d\u306a\u304f\u4eab\u53d7\u3067\u304d\u308b\u69cb\u9020\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"37\" class=\"\">2-2. \u5e744\u56de\uff08\u56db\u534a\u671f\u3054\u3068\uff09\u306e\u30c0\u30a4\u30ca\u30df\u30c3\u30af\u30fb\u30ea\u30d0\u30e9\u30f3\u30b9<\/h3>\n<p data-path-to-node=\"38\"><span class=\"\">\u591a\u304f\u306e\u4f1d\u7d71\u7684\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u306f\u3001<\/span><span>\u5e741\u56de\u307e\u305f\u306f2\u56de\u306e\u30ea\u30d0\u30e9\u30f3\u30b9\uff08\u9298\u67c4\u5165\u308c\u66ff\u3048\uff09\u3092\u884c\u3044\u307e\u3059\u3002<\/span><span>\u3057\u304b\u3057\u3001<\/span><span>\u696d\u7e3e\u53cd\u8ee2\u9298\u67c4\u3092\u6271\u3046\u672c\u6307\u6570\u306b\u304a\u3044\u3066\u3001<\/span><span>\u534a\u5e74\u30841\u5e74\u306e\u30a4\u30f3\u30bf\u30fc\u30d0\u30eb\u306f\u9577\u3059\u304e\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"39\"><span>\u672c\u6307\u6570\u306f\u3001<\/span><span>\u7c73\u56fd\u306e\u56db\u534a\u671f\u6c7a\u7b97\u30b5\u30a4\u30af\u30eb\u306b\u5b8c\u5168\u306b\u9023\u52d5\u3055\u305b\u3001<\/span><span>\u539f\u5247\u3068\u3057\u3066\u5e744\u56de\uff081\u6708\u30fb4\u6708\u30fb7\u6708\u30fb10\u6708\uff09\u306e\u5b9a\u671f\u898b\u76f4\u3057\u3092\u5b9f\u65bd\u3057\u307e\u3059\u3002<\/span><\/p>\n<ul data-path-to-node=\"40\">\n<li>\n<p data-path-to-node=\"40,0,0\"><b data-path-to-node=\"40,0,0\" data-index-in-node=\"0\">\u5f79\u76ee\u3092\u7d42\u3048\u305f\u9298\u67c4\u306e\u9664\u5916<\/b><span class=\"\">:<\/span><span> \u5b8c\u5168\u306b\u9ed2\u5b57\u5316\u304c\u5b9a\u7740\u3057\u3001<\/span><span>\u5e02\u5834\u304b\u3089\u306e\u518d\u8a55\u4fa1\u304c\u5b8c\u4e86\u3057\u3066\u6210\u719f\u671f\u306b\u5165\u3063\u305f\u9298\u67c4\u306f\u3001<\/span><span>\u30ea\u30bf\u30fc\u30f3\u3092\u3057\u3063\u304b\u308a\u5410\u304d\u51fa\u3055\u305b\u305f\u4e0a\u3067\u6307\u6570\u304b\u3089\u5352\u696d\uff08\u9664\u5916\uff09\u3055\u305b\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"40,1,0\"><b data-path-to-node=\"40,1,0\" data-index-in-node=\"0\">\u898b\u8fbc\u307f\u9055\u3044\uff08\u518d\u60aa\u5316\uff09\u9298\u67c4\u306e\u640d\u5207\u308a<\/b><span class=\"\">:<\/span><span> \u696d\u7e3e\u6539\u5584\u30b7\u30ca\u30ea\u30aa\u304c\u72c2\u3044\u3001<\/span><span>\u518d\u3073\u8d64\u5b57\u5e45\u304c\u62e1\u5927\u3057\u305f\u308a\u6539\u5584\u30c8\u30ec\u30f3\u30c9\u304c\u9813\u632b\u3057\u305f\u308a\u3057\u305f\u9298\u67c4\u306f\u3001<\/span><span>\u56db\u534a\u671f\u3054\u3068\u306b\u60c5\u3051\u5bb9\u8d66\u306a\u304f\u6307\u6570\u304b\u3089\u5916\u3057\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"40,2,0\"><b class=\"\" data-path-to-node=\"40,2,0\" data-index-in-node=\"0\">\u65b0\u305f\u306a\u30ea\u30d6\u30fc\u30c8\u4f01\u696d\u306e\u7d44\u307f\u5165\u308c<\/b><span class=\"\">:<\/span><span class=\"\"> \u76f4\u8fd1\u306e\u6c7a\u7b97\u3067\u65b0\u305f\u306b\u5f37\u70c8\u306a\u5e95\u5165\u308c\u30b7\u30b0\u30ca\u30eb\u3092\u767a\u4fe1\u3057\u305f\u30d5\u30ec\u30c3\u30b7\u30e5\u306a\u6539\u5584\u4f01\u696d\u3092\u5373\u5ea7\u306b\u8fce\u3048\u5165\u308c\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"41\"><span class=\"\">\u3053\u306e\u5e744\u56de\u306e\u9ad8\u56de\u8ee2\u306a\u65b0\u9673\u4ee3\u8b1d\u3053\u305d\u304c\u3001<\/span><span class=\"\">\u6307\u6570\u306b\u5e38\u306b\u300c\u53cd\u767a\u521d\u52d5\u306e\u30d5\u30ec\u30c3\u30b7\u30e5\u306a\u30a8\u30cd\u30eb\u30ae\u30fc\u300d\u3092\u5145\u586b\u3057\u7d9a\u3051\u308b\u5fc3\u81d3\u30dd\u30f3\u30d7\u306e\u5f79\u5272\u3092\u679c\u305f\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<div class=\"xcd-attention-6 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title-wrap\">\n<div class=\"xcd-title\"><span>\u3042\u306a\u305f\u306b\u672c\u5f53\u306b\u9069\u3057\u305f\u6295\u8cc7\u306f\u3069\u308c\uff1f<\/span><\/div>\n<\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u3067\u53ce\u5165\u3092\u5f97\u305f\u3044\u3001\u8cc7\u7523\u3092\u5897\u3084\u3057\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u30ea\u30b9\u30af\u306f\u3067\u304d\u308b\u3060\u3051\u6291\u3048\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u5148\u306e\u898b\u6975\u3081\u65b9\u3092\u77e5\u308a\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6210\u529f\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3068\u63a5\u70b9\u304c\u6b32\u3057\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u7269\u4fa1\u4e0a\u6607\u3078\u306e\u5bfe\u7b56\u306b\u306f\u6295\u8cc7\u304c\u5fc5\u8981\u3068\u8003\u3048\u3066\u3044\u308b\u3000YES or NO<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\"><strong>\u2192\u3000YES\u304c\uff13\u3064\u4ee5\u4e0a\u3060\u3063\u305f\u65b9\u306f\u3001\u3053\u3061\u3089\u3092\u30af\u30ea\u30c3\u30af<\/strong><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"43\" class=\"\">\u7b2c3\u7ae0\uff1a\u30bb\u30af\u30bf\u30fc\u914d\u5206\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u69cb\u9020\u306e\u771f\u5b9f<\/h2>\n<p data-path-to-node=\"44\"><span class=\"\">\u300c\u8d64\u5b57\u304b\u3089\u6539\u5584\u3057\u3064\u3064\u3042\u308b\u4f01\u696d\u300d\u3092\u96c6\u3081\u308b\u3068\u3001<\/span><span class=\"\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u306f\u3069\u306e\u3088\u3046\u306a\u30bb\u30af\u30bf\u30fc\u504f\u91cd\u304c\u751f\u307e\u308c\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3002<\/span><span class=\"\">S&amp;P 500\u3068\u6bd4\u8f03\u3059\u308b\u3053\u3068\u3067\u3001<\/span><span class=\"\">\u305d\u306e\u7279\u7570\u306a\u30ad\u30e3\u30e9\u30af\u30bf\u30fc\u304c\u9bae\u660e\u306b\u6d6e\u304b\u3073\u4e0a\u304c\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"45\" class=\"\">3-1. \u30bb\u30af\u30bf\u30fc\u69cb\u6210\u6bd4\u306e\u50be\u5411\u3068\u69cb\u9020\u7684\u80cc\u666f<\/h3>\n<table data-path-to-node=\"46\">\n<thead>\n<tr>\n<td><strong>\u30bb\u30af\u30bf\u30fc<\/strong><\/td>\n<td><strong>\u69cb\u6210\u6bd4\u7387\u306e\u50be\u5411<\/strong><\/td>\n<td><strong>\u4e3b\u306a\u696d\u7e3e\u53cd\u8ee2\u30c9\u30e9\u30a4\u30d0\u30fc\u3068\u9078\u5b9a\u7406\u7531<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"46,1,0,0\"><b data-path-to-node=\"46,1,0,0\" data-index-in-node=\"0\">\u4e00\u822c\u6d88\u8cbb\u8ca1\u30fb\u30b5\u30fc\u30d3\u30b9<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,1,1,0\"><b data-path-to-node=\"46,1,1,0\" data-index-in-node=\"0\">\u6975\u3081\u3066\u9ad8\u3044\uff08\u4e3b\u8ef8\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,1,2,0\">\u666f\u6c17\u5f8c\u9000\u3001\u30a4\u30f3\u30d5\u30ec\u3001\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u6df7\u4e71\u306a\u3069\u3067\u4e00\u6642\u7684\u306b\u696d\u7e3e\u304c\u8d64\u5b57\u8ee2\u843d\u3057\u305f\u30a2\u30d1\u30ec\u30eb\u3001\u5916\u98df\u3001\u81ea\u52d5\u8eca\u3001\u65c5\u884c\u95a2\u9023\u3002\u9700\u8981\u56de\u5fa9\u3068\u5e97\u8217\u52b9\u7387\u5316\u3067\u6025\u6fc0\u306aV\u5b57\u56de\u5fa9\u3092\u9042\u3052\u308b\u9298\u67c4\u304c\u8c4a\u5bcc\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,2,0,0\"><b data-path-to-node=\"46,2,0,0\" data-index-in-node=\"0\">\u60c5\u5831\u6280\u8853\uff08\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,2,1,0\"><b data-path-to-node=\"46,2,1,0\" data-index-in-node=\"0\">\u6975\u3081\u3066\u9ad8\u3044\uff08\u4e3b\u8ef8\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,2,2,0\">\u5148\u884c\u6295\u8cc7\uff08\u7814\u7a76\u958b\u767a\u8cbb\u30fb\u4eba\u4ef6\u8cbb\uff09\u304c\u304b\u3055\u3093\u3067\u8d64\u5b57\u3092\u6398\u3063\u3066\u3044\u305f\u4e2d\u5805SaaS\u4f01\u696d\u3084\u534a\u5c0e\u4f53\u95a2\u9023\u3002\u30ea\u30b9\u30c8\u30e9\u3084\u88fd\u54c1\u666e\u53ca\u306b\u3088\u308b\u9ed2\u5b57\u5316\u30d5\u30a7\u30fc\u30ba\u3067\u5229\u76ca\u7387\u304c\u6025\u6fc0\u306b\u8df3\u306d\u4e0a\u304c\u308b\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,3,0,0\"><b data-path-to-node=\"46,3,0,0\" data-index-in-node=\"0\">\u8cc7\u672c\u8ca1\u30fb\u30b5\u30fc\u30d3\u30b9 \/ \u7d20\u6750<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,3,1,0\"><b data-path-to-node=\"46,3,1,0\" data-index-in-node=\"0\">\u4e2d\u301c\u9ad8\u6c34\u6e96<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,3,2,0\">\u88fd\u9020\u696d\u3001\u6a5f\u68b0\u3001\u5efa\u6a5f\u3001\u822a\u7a7a\u30fb\u7269\u6d41\u306a\u3069\u3001\u666f\u6c17\u5faa\u74b0\u306e\u6ce2\u3092\u3082\u308d\u306b\u53d7\u3051\u308b\u30b7\u30af\u30ea\u30ab\u30eb\u9298\u67c4\u7fa4\u3002\u8a2d\u5099\u6295\u8cc7\u30b5\u30a4\u30af\u30eb\u306e\u5e95\u6253\u3061\u3068\u3068\u3082\u306b\u53ce\u76ca\u6027\u304c\u5287\u7684\u306b\u6539\u5584\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,4,0,0\"><b data-path-to-node=\"46,4,0,0\" data-index-in-node=\"0\">\u30d8\u30eb\u30b9\u30b1\u30a2\uff08\u30d0\u30a4\u30aa\u7b49\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,4,1,0\"><b data-path-to-node=\"46,4,1,0\" data-index-in-node=\"0\">\u4e2d\u6c34\u6e96<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,4,2,0\">\u5275\u85ac\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306e\u6cbb\u9a13\u6bb5\u968e\u3067\u83ab\u5927\u306a\u8d64\u5b57\u3092\u8a08\u4e0a\u3057\u3066\u3044\u305f\u30d0\u30a4\u30aa\u30d9\u30f3\u30c1\u30e3\u30fc\u304c\u3001\u533b\u85ac\u54c1\u627f\u8a8d\u3084\u30e9\u30a4\u30bb\u30f3\u30b9\u5951\u7d04\u306b\u3088\u3063\u3066\u4e00\u6c17\u306b\u9ed2\u5b57\u5316\u3092\u9054\u6210\u3059\u308b\u30b1\u30fc\u30b9\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,5,0,0\"><b data-path-to-node=\"46,5,0,0\" data-index-in-node=\"0\">\u901a\u4fe1\u30b5\u30fc\u30d3\u30b9<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,5,1,0\"><b data-path-to-node=\"46,5,1,0\" data-index-in-node=\"0\">\u4f4e\u301c\u4e2d\u6c34\u6e96<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,5,2,0\">\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u518d\u7de8\u3084\u30c7\u30b8\u30bf\u30eb\u5e83\u544a\u53ce\u5165\u306e\u6025\u6e1b\u3092\u7d4c\u9a13\u3057\u305f\u30e1\u30c7\u30a3\u30a2\u30fb\u30a8\u30f3\u30bf\u30e1\u4f01\u696d\u304c\u3001\u30b3\u30b9\u30c8\u524a\u6e1b\u3092\u7d4c\u3066\u7acb\u3061\u76f4\u308b\u30d5\u30a7\u30fc\u30ba\u3067\u9078\u51fa\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,6,0,0\"><b data-path-to-node=\"46,6,0,0\" data-index-in-node=\"0\">\u751f\u6d3b\u5fc5\u9700\u54c1 \/ \u516c\u5171\u4e8b\u696d<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,6,1,0\"><b data-path-to-node=\"46,6,1,0\" data-index-in-node=\"0\">\u6975\u3081\u3066\u4f4e\u3044\uff08\u307b\u307c\u7686\u7121\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,6,2,0\">\u666f\u6c17\u306b\u5de6\u53f3\u3055\u308c\u305a\u5e38\u306b\u5b89\u5b9a\u3057\u305f\u9ed2\u5b57\u3092\u7dad\u6301\u3067\u304d\u308b\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u30bb\u30af\u30bf\u30fc\u3067\u3042\u308b\u305f\u3081\u3001\u305d\u3082\u305d\u3082\u300c\u8d64\u5b57\u8ee2\u843d\u3059\u308b\u4f01\u696d\u300d\u304c\u6975\u3081\u3066\u5c11\u306a\u304f\u3001\u6bcd\u96c6\u56e3\u306b\u5165\u3089\u306a\u3044\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"46,7,0,0\"><b data-path-to-node=\"46,7,0,0\" data-index-in-node=\"0\">\u91d1\u878d<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,7,1,0\"><b data-path-to-node=\"46,7,1,0\" data-index-in-node=\"0\">\u9650\u5b9a\u7684<\/b><\/span><\/td>\n<td><span data-path-to-node=\"46,7,2,0\">\u9280\u884c\u3084\u4fdd\u967a\u306f\u898f\u5236\u57fa\u6e96\u304c\u53b3\u683c\u3067\u3042\u308a\u3001\u8d64\u5b57\u8ee2\u843d\u306f\u7834\u7dbb\u61f8\u5ff5\u306b\u76f4\u7d50\u3057\u3084\u3059\u3044\u3053\u3068\u3001\u306a\u3089\u3073\u306b\u5229\u76ca\u6307\u6a19\u306e\u7b97\u51fa\u7279\u6027\u4e0a\u3001\u9078\u51fa\u6bd4\u7387\u306f\u4f4e\u3081\u306b\u6291\u3048\u3089\u308c\u308b\u3002<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"47\">3-2. S&amp;P 500\u3068\u306e\u69cb\u9020\u7684\u5bfe\u6bd4<\/h3>\n<p data-path-to-node=\"48\"><strong>S&amp;P 500\u304c\u300c\u751f\u6d3b\u5fc5\u9700\u54c1\u300d\u3084\u300c\u516c\u5171\u4e8b\u696d\u300d\u3001\u300c\u30d8\u30eb\u30b9\u30b1\u30a2\u5927\u624b\u300d\u3068\u3044\u3063\u305f\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4\u3092\u8c4a\u5bcc\u306b\u62b1\u3048\u3001\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7IT\u4f01\u696d\u3067\u727d\u5f15\u3055\u308c\u308b\u300c\u5927\u578b\u30af\u30aa\u30ea\u30c6\u30a3\u30fb\u30b0\u30ed\u30fc\u30b9\uff0b\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u300d\u306e\u8907\u5408\u4f53\u3067\u3042\u308b\u306e\u306b\u5bfe\u3057\u3001<span class=\"f-marker-p\">\u30ea\u30d6\u30fc\u30c875\u306f\u300c\u30b7\u30af\u30ea\u30ab\u30eb\uff08\u666f\u6c17\u654f\u611f\uff09\u00d7 \u4e2d\u578b\u30b0\u30ed\u30fc\u30b9\u300d\u306b\u5927\u304d\u304f\u50be\u659c\u3057\u305f\u30d7\u30ed\u30d5\u30a1\u30a4\u30eb\u3092\u6301\u3061\u307e\u3059\u3002<\/span><\/strong><\/p>\n<p data-path-to-node=\"49\"><span>\u305d\u306e\u305f\u3081\u3001<\/span><span>\u7d4c\u6e08\u5168\u4f53\u304c\u51b7\u3048\u8fbc\u3093\u3067\u6d88\u8cbb\u304c\u7e2e\u5c0f\u3057\u3066\u3044\u308b\u5c40\u9762\u3067\u306f\u5f31\u3055\u3092\u898b\u305b\u308b\u4e00\u65b9\u3001<\/span><span>\u666f\u6c17\u306e\u5e95\u5165\u308c\u611f\u304c\u51fa\u59cb\u3081\u305f\u5c40\u9762\u3084\u3001<\/span><span>\u91d1\u878d\u7de9\u548c\u671f\u5f85\u304c\u9ad8\u307e\u3063\u305f\u5c40\u9762\u3067\u306f\u3001<\/span><span>S&amp;P 500\u3092\u7f6e\u304d\u53bb\u308a\u306b\u3059\u308b\u3088\u3046\u306a\u5727\u5012\u7684\u306a\u7206\u767a\u529b\u3092\u767a\u63ee\u3057\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"51\">\u7b2c4\u7ae0\uff1a\u904e\u53bb\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u6df1\u6398\u308a\u3068\u30ea\u30b9\u30af\u7279\u6027\u306e\u5fb9\u5e95\u6bd4\u8f03<\/h2>\n<p data-path-to-node=\"52\"><span>\u30d5\u30a1\u30f3\u30c9\u306e\u6027\u8cea\u3092\u3088\u308a\u6df1\u304f\u7406\u89e3\u3059\u308b\u305f\u3081\u306b\u3001<\/span><span>\u9023\u52d5\u6307\u6570\uff08\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570\u30fb\u914d\u5f53\u8fbc\u307f\u30fb\u5186\u63db\u7b97\uff09\u306e\u30d0\u30c3\u30af\u30c6\u30b9\u30c8\u304a\u3088\u3073\u904e\u53bb\u63a8\u79fb\u30c7\u30fc\u30bf\u3092\u3082\u3068\u306b\u3001<\/span><span>\u76f4\u8fd1\u306e\u30ea\u30bf\u30fc\u30f3\u3001<\/span><span>\u66b4\u843d\u6642\u306e\u6700\u5927\u30c9\u30ed\u30fc\u30c0\u30a6\u30f3\u3001<\/span><span>\u305d\u3057\u3066\u9ad8\u5024\u596a\u9084\u307e\u3067\u306e\u30ea\u30ab\u30d0\u30ea\u30fc\u30b9\u30d4\u30fc\u30c9\u3092\u691c\u8a3c\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"53\">4-1. \u76f4\u8fd11\u5e74\u30fb3\u5e74\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u6bd4\u8f03<\/h3>\n<table data-path-to-node=\"54\">\n<thead>\n<tr>\n<td><strong>\u6307\u6570 \/ \u8cc7\u7523\u30af\u30e9\u30b9<\/strong><\/td>\n<td><strong>\u76f4\u8fd11\u5e74\u30ea\u30bf\u30fc\u30f3\uff08\u6982\u7b97\uff09<\/strong><\/td>\n<td><strong>\u76f4\u8fd13\u5e74\u30ea\u30bf\u30fc\u30f3\uff08\u5e74\u7387\u30fb\u6982\u7b97\uff09<\/strong><\/td>\n<td><strong>\u60f3\u5b9a\u5e74\u9593\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p data-path-to-node=\"54,1,0,0\"><b data-path-to-node=\"54,1,0,0\" data-index-in-node=\"0\">\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570<\/b><\/p>\n<p><br data-path-to-node=\"54,1,0,1\" \/><\/p>\n<p data-path-to-node=\"54,1,0,2\"><i data-path-to-node=\"54,1,0,2\" data-index-in-node=\"0\">(\u914d\u5f53\u8fbc\u307f\u30fb\u5186\u63db\u7b97\u30d9\u30fc\u30b9)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"54,1,1,0\"><b data-path-to-node=\"54,1,1,0\" data-index-in-node=\"0\">\u7d04 +32% \u301c +36%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"54,1,2,0\"><b data-path-to-node=\"54,1,2,0\" data-index-in-node=\"0\">\u7d04 +24% \u301c +27%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"54,1,3,0\"><b data-path-to-node=\"54,1,3,0\" data-index-in-node=\"0\">\u7d04 22% \u301c 25%<\/b>\uff08\u6975\u3081\u3066\u9ad8\u3044\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<p data-path-to-node=\"54,2,0,0\"><b data-path-to-node=\"54,2,0,0\" data-index-in-node=\"0\">S&amp;P 500 \u6307\u6570<\/b><\/p>\n<p><br data-path-to-node=\"54,2,0,1\" \/><\/p>\n<p data-path-to-node=\"54,2,0,2\"><i data-path-to-node=\"54,2,0,2\" data-index-in-node=\"0\">(\u914d\u5f53\u8fbc\u307f\u30fb\u5186\u63db\u7b97\u30d9\u30fc\u30b9)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"54,2,1,0\"><b data-path-to-node=\"54,2,1,0\" data-index-in-node=\"0\">\u7d04 +26% \u301c +29%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"54,2,2,0\"><b data-path-to-node=\"54,2,2,0\" data-index-in-node=\"0\">\u7d04 +21% \u301c +23%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"54,2,3,0\"><b data-path-to-node=\"54,2,3,0\" data-index-in-node=\"0\">\u7d04 16% \u301c 18%<\/b>\uff08\u4e2d\u7a0b\u5ea6\uff09<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4 data-path-to-node=\"55\">\u3053\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u683c\u5dee\u306f\u4f55\u3092\u7269\u8a9e\u3063\u3066\u3044\u308b\u304b\uff1f<\/h4>\n<p data-path-to-node=\"56\"><span>\u76f4\u8fd11\u5e74\u9593\u306b\u304a\u3044\u3066\u3001<\/span><span>\u30ea\u30d6\u30fc\u30c875\u9023\u52d5\u6307\u6570\u306fS&amp;P 500\u3092\u660e\u78ba\u306b\u30a2\u30a6\u30c8\u30d1\u30d5\u30a9\u30fc\u30e0\u3057\u3066\u3044\u307e\u3059\u3002<\/span><span>\u3053\u306e\u80cc\u666f\u306b\u306f\u3001<\/span><span>\u7c73\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u6c88\u9759\u5316\u306b\u4f34\u3046\u5229\u4e0a\u3052\u30b5\u30a4\u30af\u30eb\u306e\u7d42\u4e86\u3068\u3001<\/span><span>\u5b9f\u4f53\u7d4c\u6e08\u304c\u6df1\u523b\u306a\u666f\u6c17\u5f8c\u9000\u306b\u9665\u3089\u306a\u3044\u300c\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u671f\u5f85\u300d\u304c\u3042\u308a\u307e\u3059\u3002<\/span><span> \u91d1\u5229\u306e\u5148\u9ad8\u89b3\u304c\u5f8c\u9000\u3057\u305f\u3053\u3068\u3067\u3001<\/span><span>\u8d64\u5b57\u304b\u3089\u9ed2\u5b57\u3078\u3068\u9019\u3044\u4e0a\u304c\u3063\u3066\u304d\u305f\u4e2d\u5805\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3084\u4e00\u822c\u6d88\u8cbb\u8ca1\u9298\u67c4\u306b\u5bfe\u3059\u308b\u5e02\u5834\u306e\u8a55\u4fa1\u304c\u5287\u7684\u306b\u597d\u8ee2\u3057\u3001<\/span><span>\u5f37\u70c8\u306a\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u4fee\u5fa9\uff08PER\u306e\u5207\u308a\u4e0a\u304c\u308a\uff09\u304c\u8d77\u304d\u305f\u305f\u3081\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"57\"><span>\u307e\u305f\u3001<\/span><span>\u76f4\u8fd13\u5e74\u306e\u5e74\u7387\u30ea\u30bf\u30fc\u30f3\u3067\u898b\u3066\u3082\u3001<\/span><span>2022\u5e74\u306e\u5927\u5e45\u4e0b\u843d\u671f\u3092\u8de8\u304e\u306a\u304c\u3089\u3001<\/span><span>\u305d\u306e\u5f8c\u306e2023\u5e74\u301c2024\u5e74\u4ee5\u964d\u306e\u30ea\u30d0\u30a6\u30f3\u30c9\u76f8\u5834\u306e\u6069\u6075\u3092\u6975\u9650\u307e\u3067\u4eab\u53d7\u3057\u3001<\/span><span>S&amp;P 500\u3092\u4e0a\u56de\u308b\u5e74\u738720%\u53f0\u53f0\u4e2d\u76e4\u3068\u3044\u3046\u9a5a\u7570\u7684\u306a\u30ea\u30bf\u30fc\u30f3\u3092\u53e9\u304d\u51fa\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"58\">4-2. \u6700\u5927\u4e0b\u843d\u7387\uff08\u30c9\u30ed\u30fc\u30c0\u30a6\u30f3\uff09\u306e\u6b8b\u9177\u306a\u73fe\u5b9f<\/h3>\n<p data-path-to-node=\"59\"><span>\u6295\u8cc7\u306b\u304a\u3044\u3066\u300c\u3069\u308c\u3060\u3051\u5897\u3048\u308b\u304b\u300d\u3068\u540c\u3058\u304f\u3089\u3044\u3001<\/span><span>\u3042\u308b\u3044\u306f\u305d\u308c\u4ee5\u4e0a\u306b\u91cd\u8981\u306a\u306e\u304c\u300c\u3069\u308c\u3060\u3051\u4e0b\u304c\u308b\u304b\u300d\u3068\u3044\u3046\u4e0b\u843d\u8010\u6027\u306e\u628a\u63e1\u3067\u3059\u3002<\/span><span>\u904e\u53bb\u306e\u4e3b\u8981\u306a\u76f8\u5834\u30af\u30e9\u30c3\u30b7\u30e5\u6642\u306b\u304a\u3051\u308b\u6700\u5927\u4e0b\u843d\u7387\u3092\u6bd4\u8f03\u3057\u307e\u3059\u3002<\/span><\/p>\n<table data-path-to-node=\"60\">\n<thead>\n<tr>\n<td><strong>\u76f8\u5834\u30af\u30e9\u30c3\u30b7\u30e5 \/ \u8abf\u6574\u5c40\u9762<\/strong><\/td>\n<td><strong>S&amp;P 500 \u6307\u6570<\/strong><\/td>\n<td><strong>\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u7c73\u56fd\u696d\u7e3e\u6539\u5584\u4f01\u696d75\u6307\u6570<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p data-path-to-node=\"60,1,0,0\"><b data-path-to-node=\"60,1,0,0\" data-index-in-node=\"0\">2020\u5e74 \u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af<\/b><\/p>\n<p><br data-path-to-node=\"60,1,0,1\" \/><\/p>\n<p data-path-to-node=\"60,1,0,2\"><i data-path-to-node=\"60,1,0,2\" data-index-in-node=\"0\">(2020\u5e742\u6708\u301c3\u6708)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"60,1,1,0\"><b data-path-to-node=\"60,1,1,0\" data-index-in-node=\"0\">\u7d04 -33.9%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"60,1,2,0\"><b data-path-to-node=\"60,1,2,0\" data-index-in-node=\"0\">\u7d04 -42% \u301c -45%<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<p data-path-to-node=\"60,2,0,0\"><b data-path-to-node=\"60,2,0,0\" data-index-in-node=\"0\">2022\u5e74 \u6025\u901f\u306a\u5229\u4e0a\u3052\u30b7\u30e7\u30c3\u30af<\/b><\/p>\n<p><br data-path-to-node=\"60,2,0,1\" \/><\/p>\n<p data-path-to-node=\"60,2,0,2\"><i data-path-to-node=\"60,2,0,2\" data-index-in-node=\"0\">(2022\u5e741\u6708\u301c10\u6708)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"60,2,1,0\"><b data-path-to-node=\"60,2,1,0\" data-index-in-node=\"0\">\u7d04 -25.4%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"60,2,2,0\"><b data-path-to-node=\"60,2,2,0\" data-index-in-node=\"0\">\u7d04 -35% \u301c -38%<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<p data-path-to-node=\"60,3,0,0\"><b data-path-to-node=\"60,3,0,0\" data-index-in-node=\"0\">\u901a\u5e38\u6642\u306e\u666f\u6c17\u8abf\u6574\u5c40\u9762<\/b><\/p>\n<p><br data-path-to-node=\"60,3,0,1\" \/><\/p>\n<p data-path-to-node=\"60,3,0,2\"><i data-path-to-node=\"60,3,0,2\" data-index-in-node=\"0\">(\u4e00\u822c\u7684\u306a\u666f\u6c17\u6e1b\u901f)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"60,3,1,0\"><b data-path-to-node=\"60,3,1,0\" data-index-in-node=\"0\">-10% \u301c -15%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"60,3,2,0\"><b data-path-to-node=\"60,3,2,0\" data-index-in-node=\"0\">-15% \u301c -22%<\/b><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4 data-path-to-node=\"61\">\u306a\u305c\u30ea\u30d6\u30fc\u30c875\u306f\u3053\u3053\u307e\u3067\u6df1\u304f\u4e0b\u843d\u3059\u308b\u306e\u304b\uff1f<\/h4>\n<p data-path-to-node=\"62\"><span>\u7406\u7531\u306f\u6975\u3081\u3066\u8ad6\u7406\u7684\u3067\u3059\u3002<\/span><\/p>\n<ol start=\"1\" data-path-to-node=\"63\">\n<li>\n<p data-path-to-node=\"63,0,0\"><b data-path-to-node=\"63,0,0\" data-index-in-node=\"0\">\u5b89\u5168\u4f59\u529b\uff08\u8ca1\u52d9\u30af\u30aa\u30ea\u30c6\u30a3\uff09\u306e\u5dee<\/b><span>:<\/span><span> S&amp;P 500\u3092\u7387\u3044\u308b\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u4f01\u696d\u306f\u3001<\/span><span>\u5929\u6587\u5b66\u7684\u306a\u984d\u306e\u73fe\u91d1\u3092\u4fdd\u6709\u3057\u3066\u304a\u308a\u3001<\/span><span>\u7121\u501f\u91d1\u306b\u8fd1\u3044\u8ca1\u52d9\u4f53\u8cea\u3092\u8a87\u308a\u307e\u3059\u3002<\/span><span>\u4e0d\u6cc1\u304c\u8a2a\u308c\u3066\u3082\u751f\u304d\u6b8b\u308c\u308b\u3068\u3044\u3046\u78ba\u4fe1\u304c\u3042\u308b\u305f\u3081\u3001<\/span><span>\u8cc7\u91d1\u306e\u9003\u907f\u5148\u306b\u306a\u308a\u307e\u3059\u3002<\/span><span>\u5bfe\u7167\u7684\u306b\u3001<\/span><span>\u8d64\u5b57\u8131\u5374\u4f01\u696d\u306f\u624b\u5143\u6d41\u52d5\u6027\u304c\u8584\u304f\u3001<\/span><span>\u666f\u6c17\u304c\u60aa\u5316\u3059\u308c\u3070\u300c\u518d\u3073\u8d64\u5b57\u306b\u8ee2\u843d\u3057\u3001<\/span><span>\u6700\u60aa\u306e\u5834\u5408\u306f\u50b5\u52d9\u8d85\u904e\u3084\u5012\u7523\u306b\u81f3\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u300d\u3068\u3044\u3046\u5e02\u5834\u306e\u6050\u6016\u304c\u5148\u884c\u3057\u3001<\/span><span>\u771f\u3063\u5148\u306b\u6295\u3052\u58f2\u308a\u3055\u308c\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"63,1,0\"><b data-path-to-node=\"63,1,0\" data-index-in-node=\"0\">\u4e2d\u578b\u682a\u306e\u6d41\u52d5\u6027\u30d7\u30ec\u30df\u30a2\u30e0\u7e2e\u5c0f<\/b><span>:<\/span><span> \u76f8\u5834\u304c\u5168\u9762\u5b89\u306b\u306a\u308b\u3068\u3001<\/span><span>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u305f\u3081\u306b\u624b\u4ed5\u821e\u3044\u58f2\u308a\u3092\u8feb\u3089\u308c\u307e\u3059\u3002<\/span><span>\u3053\u306e\u969b\u3001<\/span><span>\u58f2\u308a\u3084\u3059\u304f\u6d41\u52d5\u6027\u306e\u9ad8\u3044\u4e2d\u578b\u682a\u304b\u3089\u6a5f\u68b0\u7684\u306b\u8cc7\u91d1\u304c\u5f15\u304d\u63da\u3052\u3089\u308c\u308b\u305f\u3081\u3001<\/span><span>\u58f2\u308a\u304c\u58f2\u308a\u3092\u547c\u3076\u5c55\u958b\u306b\u306a\u308a\u3084\u3059\u3044\u306e\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ol>\n<h3 data-path-to-node=\"64\">4-3. \u66b4\u843d\u5f8c\u306e\u9ad8\u5024\u56de\u5fa9\u671f\u9593\uff08\u30ea\u30ab\u30d0\u30ea\u30fc\u30b9\u30d4\u30fc\u30c9\uff09\u306e\u4e8c\u9762\u6027<\/h3>\n<p data-path-to-node=\"65\"><span>\u300c\u6df1\u304f\u843d\u3061\u308b\u306a\u3089\u3001<\/span><span>\u623b\u308b\u306e\u306b\u3082\u6642\u9593\u304c\u304b\u304b\u308b\u306e\u304b\uff1f\u300d\u3068\u3044\u3046\u3068\u3001<\/span><span>\u3053\u3053\u306b\u306f\u975e\u5e38\u306b\u8208\u5473\u6df1\u3044\u975e\u5bfe\u79f0\u6027\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/span><span>\u30ea\u30ab\u30d0\u30ea\u30fc\u30b9\u30d4\u30fc\u30c9\u306f\u3001<\/span><b data-path-to-node=\"65\" data-index-in-node=\"62\">\u76f8\u5834\u53cd\u8ee2\u3092\u3082\u305f\u3089\u3057\u305f\u30de\u30af\u30ed\u74b0\u5883<\/b><span>\u306b\u3088\u3063\u3066\u771f\u9006\u306e\u7d50\u679c\u3092\u3082\u305f\u3089\u3057\u307e\u3059\u3002<\/span><\/p>\n<p><response-element class=\"no-md md-has-block-component\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c1952861238=\"\" class=\"ng-tns-c1952861238-152 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c1952861238=\"\" class=\"code-block ng-tns-c1952861238-152 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:W1sicl8wY2I3MTk5MGZjZTQ1ZDZlIiwiY183MjYyN2FiOGQ5NTcwOTBlIixudWxsLCJyY19hMzY1NTA5NGMwNjViMzUzIixudWxsLG51bGwsImphIixudWxsLDEsbnVsbCxudWxsLDAsMF1d\">\n<div _ngcontent-ng-c1952861238=\"\" class=\"formatted-code-block-internal-container ng-tns-c1952861238-152\">\n<div _ngcontent-ng-c1952861238=\"\" class=\"animated-opacity ng-tns-c1952861238-152\">\n<pre _ngcontent-ng-c1952861238=\"\" class=\"ng-tns-c1952861238-152\"><code _ngcontent-ng-c1952861238=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c1952861238-152 no-decoration-radius\">\u3010\u30b7\u30ca\u30ea\u30aaA\uff1a\u8d85\u91d1\u878d\u7de9\u548c\u30fb\u6d41\u52d5\u6027\u76f8\u5834\uff08\u4f8b\uff1a\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\uff09\u3011\r\n\u5e95\u6253\u3061 \u2500\u2500\u25b6\uff3b\u30ea\u30d6\u30fc\u30c875\uff1a\u7d043\u301c4\u30f6\u6708\u3067\u9ad8\u5024\u66f4\u65b0\uff08\u731b\u70c8\u306a\u30ed\u30b1\u30c3\u30c8\u53cd\u767a\uff09\uff3d\r\n       \u2500\u2500\u25b6\uff3bS&amp;P 500\uff1a\u7d045\u301c6\u30f6\u6708\u3067\u9ad8\u5024\u66f4\u65b0\uff3d\r\n\u2605\u5229\u4e0b\u3052\u3068\u8cc7\u91d1\u4f9b\u7d66\u306b\u3088\u308a\u3001\u58f2\u3089\u308c\u3059\u304e\u3066\u3044\u305f\u53cd\u8ee2\u9298\u67c4\u304c\u5e02\u5834\u5e73\u5747\u3092\u7f6e\u304d\u53bb\u308a\u306b\u3057\u3066\u66b4\u9a30\u3002\r\n\r\n\u3010\u30b7\u30ca\u30ea\u30aaB\uff1a\u91d1\u878d\u5f15\u304d\u7de0\u3081\u30fb\u9ad8\u91d1\u5229\u9577\u671f\u5316\u76f8\u5834\uff08\u4f8b\uff1a2022\u5e74\u5229\u4e0a\u3052\u30b7\u30e7\u30c3\u30af\uff09\u3011\r\n\u5e95\u6253\u3061 \u2500\u2500\u25b6\uff3bS&amp;P 500\uff1a\u7d042\u5e74\u3067\u9ad8\u5024\u66f4\u65b0\uff08\u81ea\u793e\u682a\u8cb7\u3044\u3068\u73fe\u4e3b\u529b\u682a\u304c\u727d\u5f15\uff09\uff3d\r\n       \u2500\u2500\u25b6\uff3b\u30ea\u30d6\u30fc\u30c875\uff1a\u7d042\u5e742\u30f6\u6708\u301c2\u5e744\u30f6\u6708\uff08\u91d1\u5229\u8ca0\u62c5\u3067\u56de\u5fa9\u306b\u6642\u9593\u3092\u8981\u3057\u305f\uff09\uff3d\r\n\u2605\u9ad8\u91d1\u5229\u74b0\u5883\u4e0b\u3067\u306f\u3001\u5f37\u56fa\u306a\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3092\u6301\u3064\u5de8\u5927\u4f01\u696d\u304c\u5148\u306b\u56de\u5fa9\u3002\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<ul data-path-to-node=\"67\">\n<li>\n<p data-path-to-node=\"67,0,0\"><b data-path-to-node=\"67,0,0\" data-index-in-node=\"0\">\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u6642<\/b><span>:<\/span><span> FRB\u306b\u3088\u308b\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u3068\u672a\u66fe\u6709\u306e\u91cf\u7684\u7de9\u548c\u304c\u5b9f\u65bd\u3055\u308c\u305f\u7d50\u679c\u3001<\/span><span>\u300c\u6700\u3082\u58f2\u308a\u53e9\u304b\u308c\u3066\u3044\u305f\u5272\u5b89\u306a\u56de\u5fa9\u4f01\u696d\u300d\u306b\u6295\u6a5f\u8cc7\u91d1\u3068\u6210\u9577\u671f\u5f85\u304c\u4e00\u6c17\u306b\u96ea\u5d29\u308c\u8fbc\u307f\u307e\u3057\u305f\u3002<\/span><span>\u305d\u306e\u7d50\u679c\u3001<\/span><span>\u30ea\u30d6\u30fc\u30c875\u306f\u308f\u305a\u304b3\u301c4\u30f6\u6708\u3067\u904e\u53bb\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u3001<\/span><span>S&amp;P 500\u3088\u308a\u30821\u301c2\u30f6\u6708\u65e9\u304f\u5168\u623b\u3057\u3092\u9054\u6210\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"67,1,0\"><b data-path-to-node=\"67,1,0\" data-index-in-node=\"0\">2022\u5e74\u5229\u4e0a\u3052\u30b7\u30e7\u30c3\u30af\u6642<\/b><span>:<\/span><span> \u30a4\u30f3\u30d5\u30ec\u3092\u9000\u6cbb\u3059\u308b\u305f\u3081\u306bFRB\u304c\u653f\u7b56\u91d1\u5229\u30925%\u8d85\u307e\u3067\u6025\u6fc0\u306b\u5f15\u304d\u4e0a\u3052\u3001<\/span><span>\u305d\u308c\u3092\u9577\u671f\u9593\u7dad\u6301\u3057\u307e\u3057\u305f\u3002<\/span><span>\u501f\u5165\u91d1\u5229\u306e\u9ad8\u6b62\u307e\u308a\u306f\u3001<\/span><span>\u518d\u5efa\u9014\u4e0a\u306b\u3042\u308b\u4f01\u696d\u306e\u8ca1\u52d9\u3092\u76f4\u63a5\u5727\u8feb\u3057\u307e\u3059\u3002<\/span><span>\u305d\u306e\u305f\u3081\u3001<\/span><span>\u30ad\u30e3\u30c3\u30b7\u30e5\u30ea\u30c3\u30c1\u306a\u5de8\u5927\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u304c\u4e3b\u5c0e\u3057\u305fS&amp;P 500\u306e\u307b\u3046\u304c\u5148\u306b\u9ad8\u5024\u3092\u596a\u9084\u3057\u3001<\/span><span>\u30ea\u30d6\u30fc\u30c875\u306e\u9ad8\u5024\u66f4\u65b0\u306f\u6570\u30f6\u6708\u9045\u308c\u308b\u5f62\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"68\"><b data-path-to-node=\"68\" data-index-in-node=\"0\">\u7d50\u8ad6\u3068\u3057\u3066\u3001\u30ea\u30d6\u30fc\u30c875\u306f\u300c\u9ad8\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u30fb\u9ad8\u30d9\u30fc\u30bf\uff08\u5e02\u5834\u611f\u5fdc\u5ea61.2\u301c1.4\u500d\uff09\u300d\u306e\u5178\u578b\u7684\u306a\u30d7\u30ed\u30d5\u30a1\u30a4\u30eb\u3092\u6301\u3061\u3001\u4e0b\u3052\u308b\u3068\u304d\u306f\u5948\u843d\u306e\u5e95\u307e\u3067\u58f2\u3089\u308c\u308b\u304c\u3001\u91d1\u878d\u74b0\u5883\u304c\u597d\u8ee2\u3057\u305f\u969b\u306e\u53cd\u767a\u30a8\u30cd\u30eb\u30ae\u30fc\u306f\u4ed6\u306e\u8ffd\u968f\u3092\u8a31\u3055\u306a\u3044<\/b><span>\u3068\u3044\u3046\u7279\u6027\u3092\u7406\u89e3\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<div class=\"xcd-attention-1 xcd-col2 xcd-ripple\">\n<div class=\"xcd-title\"><strong>\u8cc7\u7523\u904b\u7528\u3067\u5931\u6557\u3057\u305f\u304f\u306a\u3044\u65b9\u3078<\/strong><\/div>\n<div class=\"xcd-content\"><strong>\u79c1\u305f\u3061GFS\u3067\u306f\u3001\u5b66\u6821\u3067\u306f\u6559\u3048\u3066\u3082\u3089\u3048\u306a\u304b\u3063\u305f\u304a\u91d1\u306e\u3053\u3068\u304c\u308f\u304b\u308b\u7121\u6599\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u3054\u7528\u610f\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><br \/>\n<strong><span style=\"color: #0066c0;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\" style=\"color: #0066c0;\">\u226b \u7121\u6599\u8b1b\u5ea7\uff1a\u304a\u91d1\u306e\u30d7\u30ed\u304c\u6559\u3048\u308b\u300c\u521d\u5fc3\u8005\u304c\u6bce\u6708\u53ce\u5165\u3092\u5f97\u308b\u6295\u8cc7\u306e\u59cb\u3081\u65b9\u300d<\/a><\/span><\/strong><\/div>\n<\/div>\n<h2 data-path-to-node=\"70\">\u7b2c5\u7ae0\uff1aS&amp;P 500\u3068\u306e\u4f75\u7528\u6226\u7565\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u69cb\u7bc9\u8ad6<\/h2>\n<p data-path-to-node=\"71\"><span>\u3053\u3053\u307e\u3067\u898b\u3066\u304d\u305f\u7279\u5fb4\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001<\/span><span>\u672c\u30d5\u30a1\u30f3\u30c9\u3092\u3069\u306e\u3088\u3046\u306b\u8cc7\u7523\u904b\u7528\u306b\u7d44\u307f\u8fbc\u3080\u3079\u304d\u304b\u306e\u7b54\u3048\u304c\u660e\u78ba\u306b\u898b\u3048\u3066\u304d\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"72\">5-1. \u30b3\u30a2\u30fb\u30b5\u30c6\u30e9\u30a4\u30c8\u6226\u7565\u306b\u3088\u308b\u6700\u5f37\u306e\u88dc\u5b8c\u95a2\u4fc2<\/h3>\n<p data-path-to-node=\"73\"><span>\u8cc7\u7523\u904b\u7528\u306e\u4e16\u754c\u306b\u306f\u3001<\/span><span>\u8cc7\u7523\u306e\u5927\u90e8\u5206\uff0870\u301c90%\uff09\u3092\u5b88\u308a\u306e\u56fa\u3044\u4e2d\u6838\u8cc7\u7523\uff08\u30b3\u30a2\uff09\u3067\u56fa\u3081\u3001<\/span><span>\u6b8b\u308a\u306e\u4e00\u90e8\uff0810\u301c30%\uff09\u3092\u9ad8\u3044\u30ea\u30bf\u30fc\u30f3\u3092\u72d9\u3046\u653b\u3081\u306e\u8cc7\u7523\uff08\u30b5\u30c6\u30e9\u30a4\u30c8\uff09\u306b\u914d\u5206\u3059\u308b\u300c\u30b3\u30a2\u30fb\u30b5\u30c6\u30e9\u30a4\u30c8\u6226\u7565\u300d\u3068\u3044\u3046\u738b\u9053\u306e\u624b\u6cd5\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"74\"><span>Smart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306f\u3001<\/span><span>\u307e\u3055\u306b\u3053\u306e\u300c\u30b5\u30c6\u30e9\u30a4\u30c8\u67a0\u300d\u306e\u305f\u3081\u306b\u3042\u3064\u3089\u3048\u3089\u308c\u305f\u3088\u3046\u306a\u5546\u54c1\u3067\u3059\u3002<\/span><\/p>\n<table data-path-to-node=\"75\">\n<thead>\n<tr>\n<td><strong>\u5206\u985e<\/strong><\/td>\n<td><strong>\u30b3\u30a2\uff08\u4e3b\u8ef8\uff1a80\u301c90%\uff09<\/strong><\/td>\n<td><strong>\u30b5\u30c6\u30e9\u30a4\u30c8\uff08\u885b\u661f\uff1a10\u301c20%\uff09<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"75,1,0,0\"><b data-path-to-node=\"75,1,0,0\" data-index-in-node=\"0\">\u63a1\u7528\u30d5\u30a1\u30f3\u30c9<\/b><\/span><\/td>\n<td>\n<p data-path-to-node=\"75,1,1,0\"><b data-path-to-node=\"75,1,1,0\" data-index-in-node=\"0\">S&amp;P 500 \u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9<\/b><\/p>\n<p><br data-path-to-node=\"75,1,1,1\" \/><\/p>\n<p data-path-to-node=\"75,1,1,2\"><i data-path-to-node=\"75,1,1,2\" data-index-in-node=\"0\">(\u307e\u305f\u306f \u5168\u7c73\u682a\u5f0f \/ \u5168\u4e16\u754c\u682a\u5f0f)<\/i><\/p>\n<\/td>\n<td><span data-path-to-node=\"75,1,2,0\"><b data-path-to-node=\"75,1,2,0\" data-index-in-node=\"0\">Smart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"75,2,0,0\"><b data-path-to-node=\"75,2,0,0\" data-index-in-node=\"0\">\u5f79\u5272<\/b><\/span><\/td>\n<td><span data-path-to-node=\"75,2,1,0\">\u8cc7\u7523\u5168\u4f53\u306e\u571f\u53f0\u30fb\u5b89\u5b9a\u7684\u304b\u3064\u7740\u5b9f\u306a\u6210\u9577<\/span><\/td>\n<td><span data-path-to-node=\"75,2,2,0\">\u8ffd\u52a0\u30ea\u30bf\u30fc\u30f3\u306e\u8ffd\u6c42\uff08\u30a2\u30eb\u30d5\u30a1\u306e\u7372\u5f97\uff09\u30fb\u7206\u767a\u529b<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"75,3,0,0\"><b data-path-to-node=\"75,3,0,0\" data-index-in-node=\"0\">\u9298\u67c4\u7279\u6027<\/b><\/span><\/td>\n<td><span data-path-to-node=\"75,3,1,0\">\u8d85\u5927\u578b\u30fb\u9ed2\u5b57\u512a\u826f\u4f01\u696d\uff08M7\u4e2d\u5fc3\uff09<\/span><\/td>\n<td><span data-path-to-node=\"75,3,2,0\">\u4e2d\u578b\u301c\u6e96\u5927\u578b\u30fb\u8d64\u5b57\u8131\u5374\u4f01\u696d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"75,4,0,0\"><b data-path-to-node=\"75,4,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u30d5\u30a1\u30af\u30bf\u30fc<\/b><\/span><\/td>\n<td><span data-path-to-node=\"75,4,1,0\">\u30af\u30aa\u30ea\u30c6\u30a3\u3001\u4f4e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3001\u5927\u578b<\/span><\/td>\n<td><span data-path-to-node=\"75,4,2,0\">\u30bf\u30fc\u30f3\u30a2\u30e9\u30a6\u30f3\u30c9\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u3001\u30d0\u30ea\u30e5\u30fc<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"75,5,0,0\"><b data-path-to-node=\"75,5,0,0\" data-index-in-node=\"0\">\u6bd4\u7387\u7ba1\u7406<\/b><\/span><\/td>\n<td><span data-path-to-node=\"75,5,1,0\">\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\u3067\u611a\u76f4\u306b\u7d99\u7d9a\u7a4d\u7acb<\/span><\/td>\n<td><span data-path-to-node=\"75,5,2,0\">\u76f8\u5834\u9ad8\u9a30\u6642\u306b\u4e00\u90e8\u5229\u78ba\u3001\u66b4\u843d\u6642\u306b\u5b89\u5024\u62fe\u3044<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"76\">5-2. \u306a\u305c\u300cS&amp;P 500 \u00d7 \u30ea\u30d6\u30fc\u30c875\u300d\u306e\u7d44\u307f\u5408\u308f\u305b\u304c\u6a5f\u80fd\u3059\u308b\u306e\u304b\uff1f<\/h3>\n<p data-path-to-node=\"77\"><span>\u540c\u3058\u7c73\u56fd\u682a\u5f0f\u5e02\u5834\u3092\u5bfe\u8c61\u306b\u3057\u306a\u304c\u3089\u3001<\/span><span>\u3053\u306e2\u3064\u3092\u4f75\u7528\u3059\u308b\u3053\u3068\u306b\u306f\u660e\u78ba\u306a3\u3064\u306e\u5206\u6563\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<ol start=\"1\" data-path-to-node=\"78\">\n<li>\n<p data-path-to-node=\"78,0,0\"><b data-path-to-node=\"78,0,0\" data-index-in-node=\"0\">\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u5be1\u5360\u30ea\u30b9\u30af\u306e\u7de9\u548c<\/b><span> \u73fe\u5728\u306eS&amp;P 500\u3092100\u4e07\u5186\u5206\u4fdd\u6709\u3057\u3066\u3044\u308b\u3068\u3001<\/span><span>\u305d\u306e\u3046\u3061\u7d0430\u4e07\u301c35\u4e07\u5186\u306f\u4e0a\u4f4d\u6570\u793e\u306e\u8d85\u5de8\u5927IT\u4f01\u696d\u306b\u6295\u8cc7\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/span><span>\u3053\u308c\u306b\u30ea\u30d6\u30fc\u30c875\uff081\u9298\u67c4\u4e0a\u96506%\u30ad\u30e3\u30c3\u30d7\uff09\u3092\u30d6\u30ec\u30f3\u30c9\u3059\u308b\u3053\u3068\u3067\u3001<\/span><span>\u7279\u5b9a\u306e\u5de8\u5927\u30c6\u30c3\u30af\u4f01\u696d\u306b\u4e07\u304c\u4e00\u306e\u72ec\u5360\u7981\u6b62\u6cd5\u898f\u5236\u3084\u4e8b\u696d\u505c\u6ede\u304c\u8d77\u304d\u305f\u969b\u306e\u96c6\u4e2d\u30ea\u30b9\u30af\u3092\u8584\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"78,1,0\"><b data-path-to-node=\"78,1,0\" data-index-in-node=\"0\">\u4e2d\u578b\u682a\u306e\u6210\u9577\u30c0\u30a4\u30ca\u30df\u30ba\u30e0\u306e\u6ce8\u5165<\/b><span> \u6642\u4fa1\u7dcf\u984d3\u5146\u30c9\u30eb\u306b\u9054\u3057\u305f\u4f01\u696d\u304c\u3001<\/span><span>\u3053\u3053\u304b\u3089\u3055\u3089\u306b\u682a\u4fa1\u30922\u500d\uff08\u6642\u4fa1\u7dcf\u984d6\u5146\u30c9\u30eb\uff09\u306b\u3059\u308b\u306e\u306f\u81f3\u96e3\u306e\u696d\u3067\u3059\u3002<\/span><span>\u4e00\u65b9\u3067\u3001<\/span><span>\u6642\u4fa1\u7dcf\u984d100\u5104\u30c9\u30eb\u301c300\u5104\u30c9\u30eb\u898f\u6a21\u306e\u4e2d\u5805\u4f01\u696d\u304c\u3001<\/span><span>\u8d64\u5b57\u304b\u3089\u6025\u6fc0\u306a\u696d\u7e3e\u6539\u5584\u3092\u9042\u3052\u3066\u6642\u4fa1\u7dcf\u984d2\u500d\u301c3\u500d\u3078\u5927\u5316\u3051\u3059\u308b\u3053\u3068\u306f\u3001<\/span><span>\u7c73\u56fd\u5e02\u5834\u306e\u65e5\u5e38\u8336\u98ef\u4e8b\u3067\u3059\u3002<\/span><span>\u30ea\u30d6\u30fc\u30c875\u3092\u6df7\u305c\u308b\u3053\u3068\u3067\u3001<\/span><span>\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5168\u4f53\u306b\u4e2d\u578b\u682a\u7279\u6709\u306e\u30a2\u30c3\u30d7\u30b5\u30a4\u30c9\u4f59\u529b\u3092\u4ed8\u52a0\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"78,2,0\"><b data-path-to-node=\"78,2,0\" data-index-in-node=\"0\">\u30ea\u30d0\u30e9\u30f3\u30b9\u306b\u3088\u308b\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306e\u53ce\u7a6b\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u30fb\u30cf\u30fc\u30d9\u30b9\u30c6\u30a3\u30f3\u30b0\uff09<\/b><span> \u30ea\u30d6\u30fc\u30c875\u304c\u6025\u9a30\u3057\u305f\u30bf\u30a4\u30df\u30f3\u30b0\uff08\u597d\u6cc1\u671f\uff09\u3067\u306f\u3001<\/span><span>\u30b5\u30c6\u30e9\u30a4\u30c8\u6bd4\u7387\u304c\u81ea\u7136\u3068\u81a8\u3089\u307f\u307e\u3059\uff08\u4f8b\uff1a15%\u76ee\u6a19\u304c22%\u306b\u9054\u3059\u308b\u306a\u3069\uff09\u3002<\/span><span>\u3053\u306e\u6642\u306b\u5897\u3048\u305f\u30ea\u30d6\u30fc\u30c875\u3092\u4e00\u90e8\u58f2\u5374\u3057\u3001<\/span><span>\u5b89\u5b9a\u3057\u305fS&amp;P 500\u3092\u8cb7\u3044\u5897\u3059\u3002<\/span><span>\u9006\u306b\u66b4\u843d\u5c40\u9762\u3067\u30ea\u30d6\u30fc\u30c875\u304c\u6fc0\u3057\u304f\u58f2\u308a\u8fbc\u307e\u308c\u305f\u969b\u306b\u306f\u3001<\/span><span>S&amp;P 500\u304b\u3089\u8cc7\u91d1\u3092\u5c11\u3057\u632f\u308a\u5411\u3051\u3066\u30ea\u30d6\u30fc\u30c875\u3092\u5b89\u5024\u3067\u4ed5\u8fbc\u3080\u3002<\/span><span>\u3053\u306e\u898f\u5f8b\u3042\u308b\u30ea\u30d0\u30e9\u30f3\u30b9\u3092\u5b9f\u884c\u3059\u308b\u3053\u3068\u3067\u3001<\/span><span>\u5e02\u5834\u306e\u6ce2\u3092\u6a5f\u68b0\u7684\u306b\u5229\u76ca\u3078\u3068\u5909\u63db\u3059\u308b\u3053\u3068\u304c\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ol>\n<h2 data-path-to-node=\"80\">\u7b2c6\u7ae0\uff1aNISA\uff08\u5c11\u984d\u6295\u8cc7\u975e\u8ab2\u7a0e\u5236\u5ea6\uff09\u306b\u304a\u3051\u308b\u5b9f\u8df5\u7684\u306a\u6d3b\u7528\u6cd5<\/h2>\n<p data-path-to-node=\"81\"><span>2024\u5e74\u306b\u30b9\u30bf\u30fc\u30c8\u3057\u305f\u65b0NISA\u5236\u5ea6\u306f\u3001<\/span><span>\u751f\u6daf\u975e\u8ab2\u7a0e\u9650\u5ea6\u984d\u304c1,<\/span><span>800\u4e07\u5186\uff08\u3046\u3061\u6210\u9577\u6295\u8cc7\u67a0\u306f1,<\/span><span>200\u4e07\u5186\u307e\u3067\uff09\u3068\u3044\u3046\u3001<\/span><span>\u4e16\u754c\u7684\u306b\u898b\u3066\u3082\u7834\u683c\u306e\u512a\u9047\u7a0e\u5236\u3067\u3059\u3002<\/span><span>\u672c\u30d5\u30a1\u30f3\u30c9\u3092NISA\u53e3\u5ea7\u3067\u3069\u306e\u3088\u3046\u306b\u6271\u3046\u3079\u304d\u304b\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"82\">6-1. NISA\u53e3\u5ea7\u306e\u9069\u7528\u67a0\u3068\u8cfc\u5165\u53ef\u80fd\u30eb\u30fc\u30c8<\/h3>\n<ul data-path-to-node=\"83\">\n<li>\n<p data-path-to-node=\"83,0,0\"><b data-path-to-node=\"83,0,0\" data-index-in-node=\"0\">\u6210\u9577\u6295\u8cc7\u67a0\uff08\u5e74\u9593240\u4e07\u5186 \/ \u751f\u6daf1,200\u4e07\u5186\u67a0\uff09<\/b><span>:<\/span><span> <\/span><b data-path-to-node=\"83,0,0\" data-index-in-node=\"29\">\u5229\u7528\u53ef\u80fd\uff08\u3007\uff09<\/b><span> \u4e00\u62ec\u8cfc\u5165\uff08\u30b9\u30dd\u30c3\u30c8\u8cb7\u3044\uff09\u3001<\/span><span>\u6bce\u6708\u306e\u81ea\u52d5\u7a4d\u7acb\u8a2d\u5b9a\u306e\u53cc\u65b9\u304c\u5229\u7528\u53ef\u80fd\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"83,1,0\"><b data-path-to-node=\"83,1,0\" data-index-in-node=\"0\">\u3064\u307f\u305f\u3066\u6295\u8cc7\u67a0\uff08\u5e74\u9593120\u4e07\u5186 \/ \u751f\u6daf600\u4e07\u5186\u67a0\uff09<\/b><span>:<\/span><span> <\/span><b data-path-to-node=\"83,1,0\" data-index-in-node=\"29\">\u5229\u7528\u4e0d\u53ef\uff08\u00d7\uff09<\/b><span> \u91d1\u878d\u5e81\u304c\u5b9a\u3081\u308b\u300c\u3064\u307f\u305f\u3066\u6295\u8cc7\u67a0\u300d\u306e\u6307\u5b9a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u8981\u4ef6\uff08\u9577\u671f\u306e\u904b\u7528\u5b9f\u7e3e\u3084\u6307\u5b9a\u3055\u308c\u305f\u57fa\u672c\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306a\u3069\uff09\u3092<span style=\"text-decoration: underline;\">\u6e80\u305f\u3055\u306a\u3044<\/span>\u305f\u3081\u3001<\/span><span>\u3064\u307f\u305f\u3066\u6295\u8cc7\u67a0\u3067\u306e\u8cb7\u4ed8\u306f\u3067\u304d\u307e\u305b\u3093\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"84\">6-2. NISA\u3067\u904b\u7528\u3059\u308b\u30e1\u30ea\u30c3\u30c8\u3068\u7279\u6709\u306e\u6ce8\u610f\u70b9<\/h3>\n<h4 data-path-to-node=\"85\">\u30e1\u30ea\u30c3\u30c8\uff1a\u7206\u767a\u7684\u306a\u30ad\u30e3\u30d4\u30bf\u30eb\u30b2\u30a4\u30f3\u306e\u300c\u5b8c\u5168\u975e\u8ab2\u7a0e\u5316\u300d<\/h4>\n<p data-path-to-node=\"86\"><span>\u901a\u5e38\u3001<\/span><span>\u7279\u5b9a\u53e3\u5ea7\u306a\u3069\u306e\u8ab2\u7a0e\u53e3\u5ea7\u3067\u682a\u5f0f\u3084\u6295\u8cc7\u4fe1\u8a17\u3092\u58f2\u5374\u3057\u3066\u5229\u76ca\u304c\u51fa\u305f\u5834\u5408\u3001<\/span><b data-path-to-node=\"86\" data-index-in-node=\"35\">20.315%<\/b><span>\uff08\u6240\u5f97\u7a0e15%\uff0b\u4f4f\u6c11\u7a0e5%\uff0b\u5fa9\u8208\u7279\u5225\u6240\u5f97\u7a0e0.<\/span><span>315%\uff09\u304c\u7a0e\u91d1\u3068\u3057\u3066\u5dee\u3057\u5f15\u304b\u308c\u307e\u3059\u3002<\/span><span> \u4f8b\u3048\u3070\u3001<\/span><span>100\u4e07\u5186\u3092\u6295\u8cc7\u3057\u3066\u696d\u7e3e\u56de\u5fa9\u306e\u6ce2\u306b\u4e57\u308a\u3001<\/span><span>\u8cc7\u7523\u304c300\u4e07\u5186\u306b\u5927\u5316\u3051\u3057\u305f\u3068\u3057\u307e\u3059\u3002<\/span><span>\u5229\u76ca\u306f200\u4e07\u5186\u3067\u3059\u3002<\/span><\/p>\n<ul data-path-to-node=\"87\">\n<li>\n<p data-path-to-node=\"87,0,0\"><b data-path-to-node=\"87,0,0\" data-index-in-node=\"0\">\u8ab2\u7a0e\u53e3\u5ea7\u306e\u5834\u5408<\/b><span>:<\/span><span> \u7d0440.<\/span><span>6\u4e07\u5186\u304c\u7a0e\u91d1\u3068\u3057\u3066\u5fb4\u53ce\u3055\u308c\u3001<\/span><span>\u624b\u5143\u306b\u306f\u7d04259.<\/span><span>4\u4e07\u5186\u3057\u304b\u6b8b\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"87,1,0\"><b data-path-to-node=\"87,1,0\" data-index-in-node=\"0\">NISA\u6210\u9577\u6295\u8cc7\u67a0\u306e\u5834\u5408<\/b><span>:<\/span><span> <\/span><b data-path-to-node=\"87,1,0\" data-index-in-node=\"14\">\u7a0e\u91d1\u306f0\u5186<\/b><span>\u3002<\/span><span>200\u4e07\u5186\u306e\u5229\u76ca\u304c\u4e38\u3005\u624b\u5143\u306b\u6b8b\u308a\u307e\u3059\u3002<\/span><span> \u5024\u4e0a\u304c\u308a\u76ca\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3068\u30a2\u30c3\u30d7\u30b5\u30a4\u30c9\uff09\u304c\u5927\u304d\u3044\u30ea\u30d6\u30fc\u30c875\u306e\u3088\u3046\u306a\u30d5\u30a1\u30f3\u30c9\u307b\u3069\u3001<\/span><span>NISA\u975e\u8ab2\u7a0e\u306e\u6069\u6075\u306f\u91d1\u984d\u30d9\u30fc\u30b9\u3067\u5f37\u70c8\u306a\u3082\u306e\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"88\">\u6ce8\u610f\u70b9\uff1a\u640d\u76ca\u901a\u7b97\u304c\u3067\u304d\u306a\u3044\u300c\u7247\u9053\u5207\u7b26\u300d\u306e\u30ea\u30b9\u30af<\/h4>\n<p data-path-to-node=\"89\"><span>NISA\u53e3\u5ea7\u306b\u304a\u3051\u308b\u6700\u5927\u306e\u30eb\u30fc\u30eb\u7684\u5236\u7d04\u306f\u3001<\/span><span>\u300c\u640d\u76ca\u901a\u7b97\u304c\u3067\u304d\u306a\u3044\u300d\u300c\u640d\u5931\u306e\u7e70\u8d8a\u63a7\u9664\u304c\u3067\u304d\u306a\u3044\u300d\u3068\u3044\u3046\u70b9\u3067\u3059\u3002<\/span><span> \u3082\u3057\u7279\u5b9a\u53e3\u5ea7\u306750\u4e07\u5186\u306e\u30de\u30a4\u30ca\u30b9\u3092\u51fa\u3057\u305f\u5834\u5408\u3001<\/span><span>\u4ed6\u306e\u7279\u5b9a\u53e3\u5ea7\u306e\u5229\u76ca50\u4e07\u5186\u3068\u76f8\u6bba\u3057\u3066\u7a0e\u91d1\u3092\u6e1b\u3089\u3059\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/span><span>\u3057\u304b\u3057\u3001<\/span><span>NISA\u53e3\u5ea7\u306750\u4e07\u5186\u306e\u30de\u30a4\u30ca\u30b9\u3092\u51fa\u3057\u3066\u58f2\u5374\u3057\u305f\u5834\u5408\u3001<\/span><span>\u305d\u306e\u640d\u5931\u306f\u7a0e\u52d9\u4e0a\u300c\u306a\u304b\u3063\u305f\u3082\u306e\u300d\u3068\u3057\u3066\u5207\u308a\u6368\u3066\u3089\u308c\u307e\u3059\u3002<\/span><span>\u4ed6\u306e\u53e3\u5ea7\u306e\u5229\u76ca\u3068\u76f8\u6bba\u3059\u308b\u3053\u3068\u306f\u4e00\u5207\u3067\u304d\u307e\u305b\u3093\u3002<\/span><\/p>\n<p data-path-to-node=\"90\"><span>\u3053\u306e\u7a0e\u5236\u4e0a\u306e\u7f60\u3092\u56de\u907f\u3059\u308b\u305f\u3081\u306e\u9244\u5247\u306f\u3001<\/span><b data-path-to-node=\"90\" data-index-in-node=\"19\">\u300cNISA\u6210\u9577\u6295\u8cc7\u67a0\u306e\u5168\u984d\u3092\u30ea\u30d6\u30fc\u30c875\u306b\u7a81\u3063\u8fbc\u307e\u306a\u3044\u3053\u3068\u300d<\/b><span>\u3001<\/span><span>\u305d\u3057\u3066\u300c\u66b4\u843d\u3057\u305f\u304b\u3089\u3068\u3044\u3063\u3066\u72fc\u72fd\u58f2\u308a\u3092\u7d76\u5bfe\u306b\u3057\u306a\u3044\u3053\u3068\u300d\u3067\u3059\u3002<\/span><span>\u6210\u9577\u6295\u8cc7\u67a0\u306e\u4e2d\u3067\u3082\u3001<\/span><span>\u4f8b\u3048\u3070\u300c\u6bce\u670810\u4e07\u5186\u6295\u8cc7\u3059\u308b\u3046\u3061\u306e1.<\/span><span>5\u4e07\u5186\u301c2\u4e07\u5186\u5206\u3060\u3051\u3092\u30ea\u30d6\u30fc\u30c875\u306b\u7a4d\u307f\u7acb\u3066\u308b\u300d\u3068\u3044\u3063\u305f\u3001<\/span><span>\u9069\u5207\u306a\u30ea\u30b9\u30af\u7ba1\u7406\u304c\u4e0d\u53ef\u6b20\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"92\">\u7b2c7\u7ae0\uff1a\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\uff08\u8981\u7d04\u3068\u30a2\u30af\u30b7\u30e7\u30f3\u30d7\u30e9\u30f3\uff09<\/h2>\n<p data-path-to-node=\"93\"><span>\u3053\u3053\u307e\u3067\u306e\u8907\u96d1\u306a\u5206\u6790\u3092\u3001<\/span><span>\u982d\u306b\u713c\u304d\u4ed8\u3051\u3066\u304a\u304f\u3079\u304d\u300c5\u3064\u306e\u91cd\u8981\u30dd\u30a4\u30f3\u30c8\u300d\u3068\u3057\u3066\u96c6\u7d04\u3057\u307e\u3059\u3002<\/span><\/p>\n<ol start=\"1\" data-path-to-node=\"94\">\n<li>\n<p data-path-to-node=\"94,0,0\"><b data-path-to-node=\"94,0,0\" data-index-in-node=\"0\">\u552f\u4e00\u7121\u4e8c\u306e\u30b3\u30f3\u30bb\u30d7\u30c8\u300c\u8d64\u5b57\u8131\u5374\u30fb\u696d\u7e3e\u6539\u5584\u4f01\u696d\u3078\u306e\u9006\u5f35\u308a\u6295\u8cc7\u300d<\/b><span> \u5b89\u5b9a\u3057\u305f\u9ed2\u5b57\u5927\u4f01\u696d\u3092\u96c6\u3081\u308bS&amp;P 500\u3068\u306f\u5bfe\u6975\u306b\u4f4d\u7f6e\u3057\u3001<\/span><span>\u7c73\u56fd\u306e\u5927\u578b\u301c\u4e2d\u578b\u682a\u306e\u4e2d\u304b\u3089\u300c\u76f4\u8fd1\u8d64\u5b57\u3060\u304c\u3001<\/span><span>\u5229\u76ca\u7387\u306e\u6539\u5584\u30c8\u30ec\u30f3\u30c9\u304c\u78ba\u8a8d\u3055\u308c\u305f\u4e0a\u4f4d75\u793e\u300d\u3092\u53b3\u5bc6\u306b\u62bd\u51fa\u3002<\/span><span>\u682a\u4fa1\u306e\u518d\u8a55\u4fa1\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u6700\u5927\u52b9\u7387\u3067\u72d9\u3046\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"94,1,0\"><b data-path-to-node=\"94,1,0\" data-index-in-node=\"0\">\u30b7\u30b9\u30c6\u30de\u30c6\u30a3\u30c3\u30af\u306a\u898f\u5f8b\uff086%\u30ad\u30e3\u30c3\u30d7\u3068\u5e744\u56de\u30ea\u30d0\u30e9\u30f3\u30b9\uff09<\/b><span> 1\u9298\u67c4\u306e\u4e0a\u9650\u30926%\u306b\u6291\u3048\u308b\u3053\u3068\u3067\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u5be1\u5360\u3092\u9632\u6b62\u3002<\/span><span>\u56db\u534a\u671f\u6c7a\u7b97\u3054\u3068\u306b\u5e744\u56de\u306e\u9ad8\u901f\u30ea\u30d0\u30e9\u30f3\u30b9\u3092\u884c\u3044\u3001<\/span><span>\u6210\u719f\u3057\u304d\u3063\u305f\u4f01\u696d\u3084\u6539\u5584\u304c\u9813\u632b\u3057\u305f\u4f01\u696d\u3092\u5373\u5ea7\u306b\u9664\u5916\u3057\u3066\u5e38\u306b\u9bae\u5ea6\u3092\u4fdd\u3064\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"94,2,0\"><b data-path-to-node=\"94,2,0\" data-index-in-node=\"0\">\u9ad8\u30ea\u30bf\u30fc\u30f3\u30fb\u9ad8\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u30ea\u30b9\u30af\u306e\u975e\u5bfe\u79f0\u6027\uff09<\/b><span> \u76f4\u8fd11\u5e74\u30fb3\u5e74\u306e\u4e0a\u6607\u76f8\u5834\u3067\u306fS&amp;P 500\u3092\u51cc\u99d5\u3059\u308b\u30ea\u30bf\u30fc\u30f3\u3092\u8a18\u9332\u3059\u308b\u4e00\u65b9\u3001<\/span><span>\u66b4\u843d\u6642\uff08\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u3084\u5229\u4e0a\u3052\u5c40\u9762\uff09\u306e\u4e0b\u843d\u7387\u306fS&amp;P 500\u306e1.<\/span><span>3\u301c1.<\/span><span>5\u500d\u306b\u9054\u3059\u308b\u3002<\/span><span>\u4e0b\u3052\u308b\u3068\u304d\u306f\u6df1\u304f\u843d\u3061\u308b\u3068\u3044\u3046\u899a\u609f\u304c\u5fc5\u9808\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"94,3,0\"><b data-path-to-node=\"94,3,0\" data-index-in-node=\"0\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u300c\u30b5\u30c6\u30e9\u30a4\u30c8\u67a0\uff0810\u301c20%\uff09\u300d\u304c\u6700\u9069\u89e3<\/b><span> \u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u4e3b\u8ef8\uff08\u30b3\u30a2\uff09\u306fS&amp;P 500\u3084\u5168\u7c73\u30fb\u5168\u4e16\u754c\u682a\u5f0f\u306b\u7f6e\u304d\u3001<\/span><span>\u5168\u4f53\u306e10%\u301c20%\u7a0b\u5ea6\u306e\u30b9\u30d1\u30a4\u30b9\u3068\u3057\u3066\u7d44\u307f\u8fbc\u3080\u3053\u3068\u3067\u3001<\/span><span>\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u504f\u91cd\u306e\u7de9\u548c\u3068\u4e2d\u578b\u682a\u30a2\u30c3\u30d7\u30b5\u30a4\u30c9\u306e\u7372\u5f97\u3092\u4e21\u7acb\u3059\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"94,4,0\"><b data-path-to-node=\"94,4,0\" data-index-in-node=\"0\">NISA\u6210\u9577\u6295\u8cc7\u67a0\u3067\u306e\u300c\u6642\u9593\u5206\u6563\uff08\u7a4d\u7acb\uff09\u300d\u304c\u6700\u3082\u5b89\u5168\u306a\u653b\u3081\u624b<\/b><span> \u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u304c\u5927\u304d\u3044\u5546\u54c1\u3060\u304b\u3089\u3053\u305d\u3001<\/span><span>\u4e00\u62ec\u6295\u8cc7\u3067\u9ad8\u5024\u3092\u63b4\u3080\u30ea\u30b9\u30af\u3092\u907f\u3051\u3001<\/span><span>\u6bce\u6708\u306e\u5b9a\u984d\u7a4d\u7acb\uff08\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\uff09\u3067\u5b89\u5024\u3092\u81ea\u52d5\u7684\u306b\u8cb7\u3044\u96c6\u3081\u308b\u30a2\u30d7\u30ed\u30fc\u30c1\u304c\u6700\u3082\u5fc3\u7406\u7684\u8ca0\u62c5\u3092\u6291\u3048\u3001<\/span><span>\u6210\u529f\u78ba\u7387\u3092\u9ad8\u3081\u308b\u3002<\/span><\/p>\n<\/li>\n<\/ol>\n<h2 data-path-to-node=\"96\">\u7b2c8\u7ae0\uff1a\u91d1\u878d\u3068\u6295\u8cc7\u306e\u77e5\u8b58\u304c\u3001\u306a\u305c\u3053\u308c\u304b\u3089\u306e\u6642\u4ee3\u306b\u304a\u3044\u3066\u4e0d\u53ef\u6b20\u306a\u306e\u304b<\/h2>\n<p data-path-to-node=\"97\"><span>\u6700\u5f8c\u306b\u3001<\/span><span>\u500b\u5225\u306e\u30d5\u30a1\u30f3\u30c9\u89e3\u8aac\u3092\u96e2\u308c\u3001<\/span><span>\u300c\u306a\u305c\u79c1\u305f\u3061\u306f\u6295\u8cc7\u3092\u5b66\u3073\u3001<\/span><span>\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u3092\u9ad8\u3081\u7d9a\u3051\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u306e\u304b\u300d\u3068\u3044\u3046\u6839\u672c\u7684\u306a\u554f\u3044\u306b\u3064\u3044\u3066\u304a\u8a71\u3057\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"98\">8-1. \u73fe\u91d1\u9810\u91d1\u304c\u300c\u6700\u5927\u306e\u78ba\u5b9f\u306a\u30ea\u30b9\u30af\u300d\u3068\u306a\u3063\u305f\u6642\u4ee3<\/h3>\n<p data-path-to-node=\"99\"><span>\u304b\u3064\u3066\u306e\u65e5\u672c\u793e\u4f1a\u306b\u304a\u3044\u3066\u3001<\/span><span>\u8cc7\u7523\u5f62\u6210\u3068\u306f\u300c\u9280\u884c\u53e3\u5ea7\u306b\u30b3\u30c4\u30b3\u30c4\u3068\u8caf\u91d1\u3059\u308b\u3053\u3068\u300d\u3068\u540c\u7fa9\u3067\u3057\u305f\u3002<\/span><span>\u662d\u548c\u5f8c\u671f\u306e\u9ad8\u5ea6\u7d4c\u6e08\u6210\u9577\u671f\u304b\u3089\u30d0\u30d6\u30eb\u671f\u306b\u304b\u3051\u3066\u306f\u3001<\/span><span>\u5b9a\u671f\u9810\u91d1\u306e\u91d1\u5229\u304c\u5e745%\u301c7%\u524d\u5f8c\u3082\u3042\u308a\u3001<\/span><span>\u9280\u884c\u306b\u9810\u3051\u3066\u304a\u304f\u3060\u3051\u306710\u5e74\u301c12\u5e74\u7a0b\u5ea6\u3067\u8cc7\u7523\u304c\u500d\u5897\u3057\u305f\u304b\u3089\u3067\u3059\u3002<\/span><span>\u30ea\u30b9\u30af\u3092\u53d6\u3063\u3066\u682a\u5f0f\u6295\u8cc7\u3092\u3059\u308b\u5fc5\u8981\u306a\u3069\u3001<\/span><span>\u3069\u3053\u306b\u3082\u3042\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"100\"><span>\u3057\u304b\u3057\u3001<\/span><span>\u73fe\u5728\u306f\u3069\u3046\u3067\u3057\u3087\u3046\u304b\u3002<\/span><span>\u9577\u5f15\u3044\u305f\u30c7\u30d5\u30ec\u306e\u30c8\u30f3\u30cd\u30eb\u3092\u629c\u3051\u3001<\/span><span>\u65e5\u672c\u3092\u542b\u3081\u305f\u4e16\u754c\u7d4c\u6e08\u306f\u300c\u6052\u5e38\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\uff08\u7269\u4fa1\u4e0a\u6607\uff09\u300d\u306e\u6642\u4ee3\u3078\u3068\u5b8c\u5168\u306b\u7a81\u5165\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"101\"><span>\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u3001<\/span><span>\u30e2\u30ce\u3084\u30b5\u30fc\u30d3\u30b9\u306e\u5024\u6bb5\u304c\u4e0a\u304c\u308b\u3053\u3068\u3067\u3059\u304c\u3001<\/span><span>\u3053\u308c\u306f\u88cf\u3092\u8fd4\u305b\u3070\u300c\u901a\u8ca8\uff08\u73fe\u91d1\uff09\u306e\u4fa1\u5024\u304c\u76ee\u6e1b\u308a\u3057\u3066\u3044\u308b\u3053\u3068\u300d\u306b\u4ed6\u306a\u308a\u307e\u305b\u3093\u3002<\/span><span> \u3082\u3057\u5e74\u95932%\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u7d9a\u3044\u305f\u5834\u5408\u3001<\/span><span>\u73fe\u57281,<\/span><span>000\u4e07\u5186\u3042\u308b\u9810\u91d1\u306e\u300c\u5b9f\u8cea\u7684\u306a\u8cfc\u8cb7\u529b\uff08\u8cb7\u3048\u308b\u30e2\u30ce\u306e\u91cf\uff09\u300d\u306f\u3001<\/span><span>10\u5e74\u5f8c\u306b\u306f\u7d04820\u4e07\u5186\u3001<\/span><span>20\u5e74\u5f8c\u306b\u306f\u7d04670\u4e07\u5186\u3001<\/span><span>30\u5e74\u5f8c\u306b\u306f\u7d04550\u4e07\u5186\u306e\u4fa1\u5024\u306b\u307e\u3067\u7e2e\u5c0f\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><span>\u540d\u76ee\u4e0a\u306e\u901a\u5e33\u306e\u6b8b\u9ad8\u306f1,<\/span><span>000\u4e07\u5186\u306e\u307e\u307e\u3067\u3082\u3001<\/span><span>\u5b9f\u8cea\u7684\u306b\u306f\u8cc7\u7523\u306e\u534a\u5206\u8fd1\u304f\u3092\u9759\u304b\u306b\u596a\u308f\u308c\u3066\u3044\u308b\u306e\u3068\u540c\u3058\u306a\u306e\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"102\"><b data-path-to-node=\"102\" data-index-in-node=\"0\">\u300c\u6c57\u6c34\u5782\u3089\u3057\u3066\u7a3c\u3044\u3060\u304a\u91d1\u3092\u30011\u5186\u3082\u6e1b\u3089\u3057\u305f\u304f\u306a\u3044\u304b\u3089\u9810\u91d1\u53e3\u5ea7\u306b\u7f6e\u3044\u3066\u304a\u304f\u300d\u3068\u3044\u3046\u884c\u52d5\u3053\u305d\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u4e0b\u306b\u304a\u3044\u3066\u306f\u300c\u6bce\u5e74\u78ba\u5b9f\u306b\u8cc7\u7523\u4fa1\u5024\u3092\u76ee\u6e1b\u308a\u3055\u305b\u7d9a\u3051\u308b\u6700\u3082\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u9078\u629e\u300d\u306b\u306a\u3063\u3066\u3057\u307e\u3063\u3066\u3044\u308b<\/b><span>\u3068\u3044\u3046\u4e0d\u90fd\u5408\u306a\u771f\u5b9f\u306b\u3001<\/span><span>\u307e\u305a\u6c17\u3065\u304b\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\n<h3 data-path-to-node=\"103\" class=\"\">8-2. \u8cc7\u672c\u4e3b\u7fa9\u306e\u30eb\u30fc\u30eb\uff1a\u300c<span class=\"math-inline\" data-math=\"r &gt; g\" data-index-in-node=\"15\">r &gt; g<\/span>\u300d\u306e\u7d76\u5bfe\u6cd5\u5247<\/h3>\n<p data-path-to-node=\"104\"><span>\u30d5\u30e9\u30f3\u30b9\u306e\u7d4c\u6e08\u5b66\u8005\u30c8\u30de\u30fb\u30d4\u30b1\u30c6\u30a3\u306f\u3001<\/span><span>\u81a8\u5927\u306a\u6b74\u53f2\u7684\u30c7\u30fc\u30bf\u3092\u5206\u6790\u3057\u305f\u8457\u66f8\u300e21\u4e16\u7d00\u306e\u8cc7\u672c\u300f\u306e\u4e2d\u3067\u3001<\/span><span>\u8cc7\u672c\u4e3b\u7fa9\u306b\u304a\u3051\u308b\u6c7a\u5b9a\u7684\u306a\u4e0d\u7b49\u5f0f\u3092\u63d0\u793a\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<div data-path-to-node=\"105\">\n<div class=\"math-block\" data-math=\"r &gt; g\"><span style=\"font-size: 18pt;\"><strong>r &gt; g<\/strong><\/span><\/div>\n<\/div>\n<ul data-path-to-node=\"106\">\n<li>\n<p data-path-to-node=\"106,0,0\"><b class=\"\" data-path-to-node=\"106,0,0\" data-index-in-node=\"0\"><span class=\"math-inline\" data-math=\"r\" data-index-in-node=\"0\">r<\/span>\uff08Return on Capital\uff09<\/b><span>:<\/span><span> \u8cc7\u672c\u53ce\u76ca\u7387\uff08\u682a\u5f0f\u3084\u4e0d\u52d5\u7523\u306a\u3069\u306e\u6295\u8cc7\u304b\u3089\u5f97\u3089\u308c\u308b\u30ea\u30bf\u30fc\u30f3\u3001<\/span><span>\u6b74\u53f2\u7684\u5e73\u5747\u3067\u5e744\u301c5%\u7a0b\u5ea6\uff09<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"106,1,0\"><b class=\"\" data-path-to-node=\"106,1,0\" data-index-in-node=\"0\"><span class=\"math-inline\" data-math=\"g\" data-index-in-node=\"0\">g<\/span>\uff08Economic Growth Rate\uff09<\/b><span>:<\/span><span> \u7d4c\u6e08\u6210\u9577\u7387\uff08\u7d66\u4e0e\u3084\u6240\u5f97\u306e\u4f38\u3073\u7387\u3001<\/span><span>\u5e741\u301c2%\u7a0b\u5ea6\uff09<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"107\"><span>\u3053\u306e\u4e0d\u7b49\u5f0f\u304c\u610f\u5473\u3059\u308b\u51b7\u9177\u306a\u771f\u7406\u306f\u3001<\/span><span>\u300c\u8cc7\u7523\u3092\u6301\u3064\u8005\uff08\u6295\u8cc7\u5bb6\uff09\u304c\u304a\u91d1\u3092\u50cd\u304b\u305b\u3066\u5f97\u308b\u5bcc\u306e\u5897\u6b96\u30b9\u30d4\u30fc\u30c9\uff08<\/span><span class=\"math-inline\" data-math=\"r\" data-index-in-node=\"48\">r<\/span><span>\uff09\u306f\u3001<\/span><span>\u52b4\u50cd\u8005\u304c\u6c57\u3092\u6d41\u3057\u3066\u5f97\u308b\u7d66\u4e0e\u306e\u5897\u52a0\u30b9\u30d4\u30fc\u30c9\uff08<\/span><span class=\"math-inline\" data-math=\"g\" data-index-in-node=\"73\">g<\/span><span>\uff09\u3092\u3044\u3064\u306e\u6642\u4ee3\u3082\u4e0a\u56de\u308a\u7d9a\u3051\u308b\u300d\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"108\"><span>\u3069\u308c\u307b\u3069\u771f\u9762\u76ee\u306b\u9577\u6642\u9593\u50cd\u3044\u3066\u6607\u7d66\u3092\u76ee\u6307\u3057\u305f\u3068\u3057\u3066\u3082\u3001<\/span><span>\u52b4\u50cd\u6240\u5f97\u3060\u3051\u3067\u5bcc\u3092\u7bc9\u304f\u3053\u3068\u306b\u306f\u69cb\u9020\u7684\u306a\u9650\u754c\u304c\u3042\u308a\u307e\u3059\u3002<\/span><span>\u79c1\u305f\u3061\u306f\u52b4\u50cd\u8005\u3068\u3057\u3066\u81ea\u5206\u306e\u6642\u9593\u3092\u5207\u308a\u58f2\u308a\u3057\u3066\u7a3c\u3050\u3060\u3051\u3067\u306a\u304f\u3001<\/span><span>\u300c\u7a3c\u3044\u3060\u304a\u91d1\u306e\u4e00\u90e8\u3092\u8cc7\u672c\uff08\u682a\u5f0f\u306a\u3069\u306e\u751f\u7523\u6d3b\u52d5\uff09\u306b\u6295\u5165\u3057\u3001<\/span><span>\u6295\u8cc7\u5bb6\u5074\u306e\u5e2d\u306b\u5ea7\u308b\u300d\u3068\u3044\u3046\u884c\u52d5\u3092\u53d6\u3089\u306a\u3051\u308c\u3070\u3001<\/span><span>\u8cc7\u672c\u4e3b\u7fa9\u304c\u751f\u307f\u51fa\u3059\u5bcc\u306e\u679c\u5b9f\u3092\u516c\u5e73\u306b\u53d7\u3051\u53d6\u308b\u3053\u3068\u304c\u3067\u304d\u306a\u3044\u4ed5\u7d44\u307f\u306b\u306a\u3063\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"109\">8-3. \u6295\u8cc7\u4fe1\u8a17\u3068\u3044\u3046\u300c\u4eba\u985e\u6700\u9ad8\u5cf0\u306e\u91d1\u878d\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u300d<\/h3>\n<p data-path-to-node=\"110\"><span>\u6295\u8cc7\u521d\u5fc3\u8005\u304c\u300c\u682a\u5f0f\u6295\u8cc7\u300d\u3068\u805e\u304f\u3068\u3001<\/span><span>\u300c\u30d1\u30bd\u30b3\u30f3\u753b\u9762\u306b\u30c1\u30e3\u30fc\u30c8\u3092\u4f55\u679a\u3082\u4e26\u3079\u3066\u30c7\u30a4\u30c8\u30ec\u30fc\u30c9\u3092\u3059\u308b\u300d\u300c\u3069\u306e\u500b\u5225\u4f01\u696d\u304c\u5012\u7523\u3059\u308b\u304b\u30d3\u30af\u30d3\u30af\u602f\u3048\u306a\u304c\u3089\u5024\u52d5\u304d\u3092\u898b\u5f35\u308b\u300d\u3068\u3044\u3063\u305f\u5149\u666f\u3092\u60f3\u50cf\u3057\u304c\u3061\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"111\"><span>\u3057\u304b\u3057\u3001<\/span><span>\u73fe\u4ee3\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u306f\u300c\u6295\u8cc7\u4fe1\u8a17\uff08\u30d5\u30a1\u30f3\u30c9\uff09\u300d\u3068\u3044\u3046\u3001<\/span><span>\u4eba\u985e\u304c\u751f\u307f\u51fa\u3057\u305f\u6700\u3082\u6d17\u7df4\u3055\u308c\u305f\u91d1\u878d\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u304c\u7528\u610f\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><span> \u308f\u305a\u304b100\u5186\u3001<\/span><span>1,<\/span><span>000\u5186\u3068\u3044\u3046\u5c0f\u984d\u304b\u3089\u3001<\/span><span>\u4e16\u754c\u4e2d\u306e\u4f55\u767e\u793e\u3001<\/span><span>\u4f55\u5343\u793e\u3068\u3044\u3046\u4f01\u696d\u3078\u4e00\u77ac\u3067\u5206\u6563\u6295\u8cc7\u304c\u3067\u304d\u308b\u4ed5\u7d44\u307f\u3067\u3059\u3002<\/span><span>\u4eca\u56de\u89e3\u8aac\u3057\u305f\u300cSmart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u300d\u3082\u540c\u69d8\u3067\u3059\u3002<\/span><span>\u500b\u4eba\u304c\u81ea\u529b\u3067\u30a2\u30e1\u30ea\u30ab\u306e\u6c7a\u7b97\u66f8\u3092\u4f55\u767e\u793e\u3082\u8aad\u307f\u8fbc\u307f\u3001<\/span><span>\u8d64\u5b57\u304b\u3089\u306e\u6539\u5584\u6307\u6a19\u3092\u8a08\u7b97\u3057\u3001<\/span><span>\u56db\u534a\u671f\u3054\u3068\u306b\u9298\u67c4\u3092\u58f2\u8cb7\u3057\u30661\u9298\u67c46%\u306e\u4e0a\u9650\u6bd4\u7387\u3092\u4fdd\u3064\u3053\u3068\u306a\u3069\u3001<\/span><span>\u500b\u4eba\u306e\u52b4\u529b\u3067\u306f\u7269\u7406\u7684\u306b\u4e0d\u53ef\u80fd\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"112\"><span>\u305d\u3046\u3057\u305f\u9ad8\u5ea6\u304b\u3064\u8907\u96d1\u306a\u30d7\u30ed\u30b0\u30e9\u30df\u30f3\u30b0\u3068\u6570\u5b66\u7684\u30eb\u30fc\u30eb\u306b\u57fa\u3065\u304f\u904b\u7528\u3092\u3001<\/span><span>\u4fe1\u8a17\u5831\u916c\u5e74\u73870.<\/span><span>385%\u3068\u3044\u3046\u6975\u5c0f\u306e\u624b\u6570\u6599\u3092\u652f\u6255\u3046\u3060\u3051\u3067\u3001<\/span><span>\u30b9\u30de\u30fc\u30c8\u30d5\u30a9\u30f3\u4e00\u3064\u3067\u6bce\u6708\u81ea\u52d5\u7684\u306b\u4ee3\u884c\u3057\u3066\u304f\u308c\u308b\u306e\u304c\u73fe\u4ee3\u306e\u6295\u8cc7\u4fe1\u8a17\u3067\u3059\u3002<\/span><span>\u3053\u306e\u30c4\u30fc\u30eb\u3092\u6d3b\u7528\u3057\u306a\u3044\u624b\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\n<h3 data-path-to-node=\"113\">8-4. \u91d1\u878d\u77e5\u8b58\uff08\u30ea\u30c6\u30e9\u30b7\u30fc\uff09\u3053\u305d\u304c\u3001\u4eba\u751f\u306e\u6700\u5927\u306e\u9632\u58c1\u306b\u306a\u308b<\/h3>\n<p data-path-to-node=\"114\"><span>\u3057\u304b\u3057\u3001<\/span><span>\u3069\u308c\u307b\u3069\u512a\u308c\u305f\u6295\u8cc7\u4fe1\u8a17\u3084\u975e\u8ab2\u7a0e\u5236\u5ea6\uff08NISA\uff09\u304c\u5b58\u5728\u3057\u3066\u3044\u3066\u3082\u3001<\/span><b data-path-to-node=\"114\" data-index-in-node=\"36\">\u4f7f\u3046\u5074\u306e\u4eba\u9593\u304c\u300c\u77e5\u8b58\u300d\u3092\u6301\u3063\u3066\u3044\u306a\u3051\u308c\u3070\u3001\u305d\u306e\u6069\u6075\u3092\u53d7\u3051\u308b\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u3002\u305d\u308c\u3069\u3053\u308d\u304b\u3001\u81ea\u3089\u7834\u6ec5\u306e\u9053\u3092\u9078\u3093\u3067\u3057\u307e\u3046\u3053\u3068\u3059\u3089\u3042\u308a\u307e\u3059\u3002<\/b><\/p>\n<p data-path-to-node=\"115\"><span>\u6295\u8cc7\u3092\u59cb\u3081\u305f\u521d\u5fc3\u8005\u304c\u6700\u3082\u9665\u308a\u3084\u3059\u3044\u5931\u6557\u306f\u3001<\/span><span>\u300c\u76f8\u5834\u304c\u9806\u8abf\u306b\u4e0a\u6607\u3057\u3066\u3044\u308b\u3068\u304d\u306b\u306f\u5f37\u6c17\u306b\u306a\u3063\u3066\u9ad8\u5024\u3067\u4e00\u62ec\u8cfc\u5165\u3057\u3001<\/span><span>\u76f8\u5834\u304c\u6025\u843d\u3057\u3066\u30d1\u30cb\u30c3\u30af\u306b\u306a\u308b\u3068\u5e95\u5024\u3067\u6050\u6016\u306b\u8010\u3048\u304b\u306d\u3066\u6295\u3052\u58f2\u308a\u3057\u3066\u3057\u307e\u3046\u300d\u3068\u3044\u3046\u884c\u52d5\u30d1\u30bf\u30fc\u30f3\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"116\"><span>\u3082\u3057\u3042\u306a\u305f\u304c\u4eca\u56de\u89e3\u8aac\u3057\u305f\u77e5\u8b58\u3092\u6301\u3063\u3066\u3044\u308c\u3070\u3069\u3046\u3067\u3057\u3087\u3046\u304b\u3002<\/span><\/p>\n<ul data-path-to-node=\"117\">\n<li>\n<p data-path-to-node=\"117,0,0\"><span>\u300c\u30ea\u30d6\u30fc\u30c875\u306fS&amp;P 500\u3088\u308a\u3082\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u304c1.<\/span><span>3\u301c1.<\/span><span>5\u500d\u5927\u304d\u3044\u6027\u8cea\u304c\u3042\u308b\u304b\u3089\u3001<\/span><span>\u4eca20%\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u306f\u60f3\u5b9a\u306e\u7bc4\u56f2\u5185\u3060\u300d<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"117,1,0\"><span>\u300c\u8d64\u5b57\u8131\u5374\u4f01\u696d\u306f\u666f\u6c17\u56de\u5fa9\u5c40\u9762\u3067\u30ed\u30b1\u30c3\u30c8\u306e\u3088\u3046\u306b\u53cd\u767a\u3059\u308b\u7279\u6027\u304c\u3042\u308b\u304b\u3089\u3001<\/span><span>\u3053\u3053\u306f\u72fc\u72fd\u58f2\u308a\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001<\/span><span>\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\u3067\u6de1\u3005\u3068\u53e3\u6570\u3092\u5b89\u5024\u3067\u62fe\u3046\u30dc\u30fc\u30ca\u30b9\u30b9\u30c6\u30fc\u30b8\u3060\u300d<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"117,2,0\"><span>\u300c\u81ea\u5206\u306e\u8cc7\u7523\u306e80%\u306f\u5b89\u5168\u306aS&amp;P 500\uff08\u30b3\u30a2\uff09\u3067\u5b88\u3089\u308c\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u3001<\/span><span>\u30b5\u30c6\u30e9\u30a4\u30c8\u306e20%\u304c\u591a\u5c11\u66b4\u308c\u3066\u3082\u751f\u6d3b\u306b\u306f\u4f55\u306e\u5f71\u97ff\u3082\u306a\u3044\u300d<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"118\"><span>\u3053\u306e\u3088\u3046\u306b\u3001<\/span><span>\u300c\u91d1\u878d\u306e\u77e5\u8b58\u300d\u306f\u5358\u306b\u304a\u91d1\u3092\u5897\u3084\u3059\u305f\u3081\u306e\u30c6\u30af\u30cb\u30c3\u30af\u3067\u306f\u306a\u304f\u3001<\/span><span>\u76f8\u5834\u306e\u8352\u6ce2\u306b\u76f4\u9762\u3057\u305f\u3068\u304d\u306b\u81ea\u5206\u306e\u5fc3\u3092\u5b88\u308a\u3001<\/span><span>\u975e\u5408\u7406\u306a\u30d1\u30cb\u30c3\u30af\u884c\u52d5\u3092\u6291\u6b62\u3059\u308b\u305f\u3081\u306e\u300c\u6700\u5f37\u306e\u5fc3\u306e\u9632\u58c1\uff08\u30e1\u30f3\u30bf\u30eb\u30a2\u30f3\u30ab\u30fc\uff09\u300d\u3068\u3057\u3066\u6a5f\u80fd\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"119\">\u7d50\u3073\uff1a\u6700\u521d\u306e\u4e00\u6b69\u3092\u8e0f\u307f\u51fa\u3059\u3042\u306a\u305f\u3078<\/h3>\n<p data-path-to-node=\"120\"><span>\u8cc7\u7523\u5f62\u6210\u306e\u65c5\u8def\u306b\u304a\u3044\u3066\u3001<\/span><span>\u6700\u3082\u5f37\u529b\u306a\u6b66\u5668\u306f\u300c\u83ab\u5927\u306a\u5143\u624b\u300d\u3067\u3082\u300c\u795e\u304c\u304b\u308a\u7684\u306a\u4e88\u6e2c\u529b\u300d\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u3002<\/span><span>\u300c\u6642\u9593\uff08\u8907\u5229\u306e\u529b\uff09\u300d\u3068\u300c\u6b63\u3057\u3044\u77e5\u8b58\u300d\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"121\"><span>10\u5e74\u5f8c\u3001<\/span><span>20\u5e74\u5f8c\u306e\u8c4a\u304b\u306a\u672a\u6765\u3092\u3064\u304f\u308b\u306e\u306f\u3001<\/span><span>\u672a\u6765\u306e\u76f8\u5834\u3092\u5b8c\u74a7\u306b\u8a00\u3044\u5f53\u3066\u308b\u6c34\u6676\u7389\u3067\u306f\u306a\u304f\u3001<\/span><span>\u4eca\u65e5\u3042\u306a\u305f\u304c\u91d1\u878d\u306e\u4ed5\u7d44\u307f\u3092\u7406\u89e3\u3057\u3001<\/span><span>\u81ea\u5206\u306e\u8a31\u5bb9\u3067\u304d\u308b\u30ea\u30b9\u30af\u306e\u7bc4\u56f2\u5185\u3067\u3001<\/span><span>\u5c0f\u3055\u304f\u3066\u3082\u78ba\u5b9f\u306a\u4e00\u6b69\u3092\u8e0f\u307f\u51fa\u3059\u6c7a\u65ad\u305d\u306e\u3082\u306e\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"122\"><span>\u672c\u7a3f\u3067\u89e3\u8aac\u3057\u305f\u300cSmart-i Pro \u7c73\u56fd\u30ea\u30d6\u30fc\u30c875\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u300d\u306e\u3088\u3046\u306a\u5148\u9032\u7684\u3067\u30a8\u30c3\u30b8\u306e\u52b9\u3044\u305f\u30d5\u30a1\u30f3\u30c9\u306e\u7279\u6027\u3092\u6b63\u3057\u304f\u7406\u89e3\u3057\u3001<\/span><span>\u738b\u9053\u3067\u3042\u308bS&amp;P 500\u3084\u5168\u4e16\u754c\u682a\u5f0f\u3068\u8ce2\u304f\u7d44\u307f\u5408\u308f\u305b\u306a\u304c\u3089\u3001<\/span><span>\u3054\u81ea\u8eab\u306e\u4eba\u751f\u306e\u76ee\u6a19\u306b\u6cbf\u3063\u305f\u76e4\u77f3\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u69cb\u7bc9\u3057\u3066\u3044\u304f\u3053\u3068\u3092\u5fc3\u304b\u3089\u5fdc\u63f4\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<div><\/div>\n<div class=\"xcd-attention-8 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title\"><span style=\"font-size: 18pt;\">\u30d7\u30ed\u306e\u77e5\u8b58\u304c\u7121\u6599\u3067\u5b66\u3079\u307e\u3059<\/span><\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 14pt;\"><strong>\u300c\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u4f55\u304b\u3089\u3084\u3063\u3066\u3044\u3044\u304b\u308f\u304b\u3089\u306a\u3044\u300d\u300c\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u4f5c\u308a\u305f\u3044\u3001\u53ce\u5165\u3092\u5897\u3084\u3057\u305f\u3044\u300d<\/strong><\/span><\/p>\n<p>\u305d\u3093\u306a\u6642\u306f<b><span class=\"f-marker-p\">\u7121\u6599\u3067\u8996\u8074\u3067\u304d\u308b\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u300c<a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\">GFS\u76e3\u4fee \u6295\u8cc7\u306e\u9054\u4eba\u8b1b\u5ea7<\/a>\u300d\u3092\u307e\u305a\u306f\u304a\u8a66\u3057\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/span><\/b><\/p>\n<p>\u6295\u8cc7\u306e\u9054\u4eba\u306b\u306a\u308b\u6295\u8cc7\u8b1b\u5ea7\u306f\u3001\u751f\u5f92\u657050,000\u4eba\u3092\u8d85\u3048\u8b1b\u7fa9\u6570\u65e5\u672c\u4e00\u306e\u6295\u8cc7\u30b9\u30af\u30fc\u30eb<a href=\"https:\/\/gfs.tokyo\/\">GFS<\/a>\u304c\u63d0\u4f9b\u3059\u308b\u7121\u6599\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u3067\u3059\u3002\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u8b1b\u5e2b\u304c\u3001\u672a\u7d4c\u9a13\u8005\u3084\u82e6\u624b\u610f\u8b58\u304c\u3042\u308b\u4eba\u3067\u3082\u5206\u304b\u308b\u3088\u3046\u306b\u3001\u6295\u8cc7\u306e\u4ed5\u7d44\u307f\u3084\u5168\u4f53\u50cf\u3001\u30eb\u30fc\u30eb\u3092\u57fa\u790e\u304b\u3089\u56f3\u89e3\u3092\u4ea4\u3048\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u306a\u308b\u3079\u304f\u52b9\u7387\u3088\u304f\u59cb\u3081\u305f\u3044\u4eba\u306f\u3001\u305c\u3072\u4e00\u5ea6\u3054\u8996\u8074\u304f\u3060\u3055\u3044\u3002<\/p>\n<div class=\"cv-btn-wrap\">\n<div class=\"cv-copy\" style=\"text-align: center;\"><strong><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\">\uff3c1\u5206\u3067\u7c21\u5358\u7533\u8fbc\uff0f<\/a><\/strong><\/div>\n<div class=\"cv-btn\" style=\"text-align: center;\"><strong><span class=\"cv-em\">\u7121\u6599<\/span><\/strong><br \/>\n<strong><span class=\"cv-text\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\">\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u306f\u3053\u3061\u3089<\/a><\/span><\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-path-to-node=\"4\">\u3010\u91cd\u8981\u3011\u514d\u8cac\u4e8b\u9805<\/h3>\n<ul data-path-to-node=\"5\">\n<li>\n<p data-path-to-node=\"5,0,0\"><b data-path-to-node=\"5,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u5224\u65ad\u306e\u6700\u7d42\u8cac\u4efb\uff1a<\/b> 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2026\u5e74\u6642\u70b9\u306e\u60c5\u5831\u306b\u57fa\u3065\u304d\u4f5c\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u305d\u306e\u6b63\u78ba\u6027\u3084\u5b8c\u5168\u6027\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6700\u65b0\u306e\u696d\u7e3e\u3084\u30cb\u30e5\u30fc\u30b9\u306f\u3001\u5fc5\u305a\u5404\u4f01\u696d\u306eIR\u30b5\u30a4\u30c8\u3084\u4e00\u6b21\u8cc7\u6599\u3067\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"5,3,0\"><b data-path-to-node=\"5,3,0\" data-index-in-node=\"0\">\u640d\u5931\u306e\u88dc\u511f\uff1a<\/b> 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[&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":33757,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9,12],"acf":[],"_links":{"self":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33747"}],"collection":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/comments?post=33747"}],"version-history":[{"count":7,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33747\/revisions"}],"predecessor-version":[{"id":33784,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/33747\/revisions\/33784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media\/33757"}],"wp:attachment":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media?parent=33747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/categories?post=33747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}