tailieunhanh - Nomura Individual Investor Survey

An “investment adviser” is an individual or firm responsible for making investments on behalf of, and providing advice to, investors. An investment adviser has a duty to act in the best interest of their clients. Sometimes, however, investment advisers will take advantage of their positions of trust and use unauthorized and deceptive methods to misappropriate money directly from their clients. Investors should be careful to review their monthly account statements and to conduct annual reviews of their investment plans with their investment adviser. Investors should be vigilant for abnormal changes in their monthly account statements. . | News Release NOAXURA Nomura Individual Investor Survey August 2012 August 14 2012 Equity Research Department Nomura Securities Co. Ltd. The Nomura Individual Investor Survey is a monthly survey conducted with the aim of better understanding investing activity by individuals and providing information on related trends. Nomura JPN August 14 2012 I. Survey overview 1 Nomura I-View Index up m-m at The Nomura Individual Investor Market View Index Nomura I-View Index based on respondents three-month outlook for share prices and calculated by subtracting the percentage of responses for fall from that for rise was for August up II. 0pt m-m and above the historical average for the first time in three months. The proportion of individual investors saying they expect a rise of about 1 000 points was up compared with the previous month while all other response categories were either flat or declined. 2 Greater attention on forex Respondents were asked to select the factor most likely to impact the stock market in the next three months. International affairs was again selected by the largest proportion of respondents but was down marginally from last month. The biggest decliner among the different factors was domestic politics m-m while the biggest advancer was forex trends m-m . 3 Pharmaceuticals again the most attractive sector Respondents were asked to choose one sector as an appealing investment target and one as unappealing over a timeframe of about three months. We calculated a diffusion index for each sector by subtracting the percentage of responses for unappealing from that for appealing. Pharmaceuticals was the most attractive sector this month as last month with its DI rising from the previous month. The consumer goods DI marked the largest increase among all sectors of and moved back into positive territory. This month s biggest decliner was transportation and utilities m-m . 4 Rising expectations of yen .