...3-1-1...3-2-1...3-3-1...3-4-1...3-5-1...3-6-1...3-7-1...3-8-1...3-9-1...3-10-1... 3-11-1...3-12-1...3-13-1...3-14-1...3-15-1...3-16-1...3-17-1...3-18-1...3-19-1...3-20-1...3-21-1...3-22-1...3-23-1...3-24-1...3-25-1
3-1-1
3-1-2
3-2-1
14. 3-2-2
3-2-3
3-2-4
2 2 1.00 3-3-1
3-4-1
3-4-2
3-5-1
3-5-2
3-6-1
3-6-2
3-6-3
3-6-4
3-6-5
3 3-6-6
3-6-7
3-7-1
3-7-2
3-7-3
3-7-4
3-7-5
5 6 7 8. 9. 10. 11. 7 12. 13. 14. 20 3-7-6
15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 3-7-7
3-7-8
3-8-1
3-8-2
3-8-3
3-8-4
3-8-5
. 3-8-6
3-8-7
3-9-1
3-9-2
3-9-3
3-10-1
3-11-1
3-12-1
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MSCI MSCI 14 A B H P MSCI H P B 2007 9 MSCI 1 2 3-12-4
3-12-5
3-12-6
3-12-7
3-13-1
3-14-1
3-14-2
3-14-3
3-14-4
3-14-5
3-15-1
3-15-2
3-16-1
3-16-2
3-17-1
3-17-2
3-18-1
( )( ) 1. 2. 3. 4. 5. 6. () 3 6 45 3-19-1
15 6 1 () 3 () () () 1. 2. 3. 2 () () 1. 90 3-19-2
2. 60 3. 15 4 2 () 2 1. 2. 3. 4. 5. 6. 7. 8. 9. 50% 10. 30% 11. 12. 13. 14. 15. 3-19-3
16. 17. 18. 0.5% 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. () () () () 3-19-4
3-20-1
3-20-2
3-20-3
3-21-1
3-22-1
3-23-1
3-24-1
1.1 1. 2. 3. 4. 5. 6. 7. 8. 9. 1.2 3-25-1
2.1 2.2 3-25-2
3-25-3
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3.1 3.2 3-25-5
5 6. 7. 8. 9. 10. 11. 7 12. 13. 14. 20 15. 16. 17. 3-25-6
18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 3-25-7
A. 1. 10%( 10%)( ) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 2. (1) (2) (3) 3-25-8
(4) (5) (6) (7) B. 1. 2. 10 60 3. 10% 10 60 10% 10 60 4. 10% 10% 30 5. C. 1.( ) 30 (1) 3-25-9
(2) (3) (4) (5) (6)( ) (7) (8) (9) (10) 2. 3. D. 1. (1) (2) (3) (4) 2. 3-25-10
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5 6 60 3 6 7 8 4 5 1 2 1 1 2 3 4 5 6. 7 3-25-15
8 9 10 2 3 1 1.5% HE 1.5% H E 3 2 0.35% HE 0.35% H E 3 3 4 3-25-16
5 2 6 1 2 3 3-25-17
3-25-18
3-25-19
3-25-20
( )( ) 3-25-21
1. 2. 3. 4. 5. 6. 1 3 6 45 15 6 1 2 3 3 4 5 3-25-22
1. 2. 3. 2 6 7 1. 90 2. 60 3. 15 4 2 8 2 (1). (2). (3). 3-25-23
(4). (5). (6). (7). (8). (9). 50% (10). 30% (11). (12). (13). (14). (15). (16). (17). (18). 0.5% (19). (20). (21). (22). (23). (24). (25). (26). (27). (28). (29). 3-25-24
(30). 9 10 11 12 1 2 6 3 6 4 1. (1) (2) 3-25-25
(3) 2. (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 3. 4. (1) (2) (3) (4) (1)(3) 5. 5 3-25-26
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