![\"\"\/](\"https:\/\/1.bp.blogspot.com\/-_jetz-mrI5E\/YR5j21_s8rI\/AAAAAAAAGTc\/sDqzeBsBlG0Ej0bTauib3zXojDyliuv3wCLcBGAsYHQ\/s656\/20200813001127.png\")
<\/a><\/figure>\n\n\n\nMSCI<\/strong> (\u4e2d\u6587\u70ba\u660e\u665f) \u5168\u540d\u70ba Morgan Stanley Capital International\uff0cMSCI \u662f\u4e00\u5bb6\u4e0a\u5e02\u7684\u91d1\u878d\u516c\u53f8\uff0c\u7de8\u64b0\u5404\u7a2e\u80a1\u7968\u6216\u50b5\u5238\u6307\u6578\u6388\u6b0a\u57fa\u91d1\u696d\u8005\u4f7f\u7528\uff0c\u5176\u539f\u672c\u96b8\u5c6c\u65bcMorgan Stanley\uff08\u4fd7\u7a31\u5927\u6469\uff09\uff0c\u5927\u6469\u662f\u4e00\u5bb6\u6295\u8cc7\u7ba1\u7406\u670d\u52d9\u516c\u53f8\uff0c\u53e6\u5916\u9084\u6709\u53e6\u4e00\u5bb6\u5144\u5f1f\u516c\u53f8 JPMorgan\uff08\u4fd7\u7a31\u5c0f\u6469\uff09\uff0c\u4e3b\u8981\u662f\u4ee5\u5546\u696d\u9280\u884c\u7684\u696d\u52d9\u70ba\u4e3b\u3002<\/p>\n\n\n\n MSCI \u5c31\u662f\u5c08\u9580\u767c\u884c\u300c\u6307\u6578 Index\u300d\u7684\u516c\u53f8<\/strong>\uff0c\u4ed6\u5011\u6703\u4f9d\u64da\u5168\u7403\u7684\u5404\u500b\u80a1\u7968\u5e02\u5834\u3001\u5340\u57df\u3001\u7522\u696d\u3001\u4e3b\u984c\u6216\u662f\u7b56\u7565\uff0c\u7de8\u5236\u8207\u767c\u884c\u4e0d\u540c\u7684\u6307\u6578\uff0c\u7d55\u5927\u591a\u6578\u7684\u91d1\u878d\u6a5f\u69cb\u6216\u662f\u57fa\u91d1\u516c\u53f8\u5728\u767c\u884c\u5546\u54c1\u7684\u904e\u7a0b\u4e2d\uff0c\u90fd\u6703\u53c3\u8003\u9019\u4e9b\u6307\u6578\uff0c\u5c24\u5176\u88ab\u52d5\u5f0f\u7ba1\u7406\u7684\u57fa\u91d1\u6216 ETF \u6703\u76f4\u63a5\u8907\u88fd\u6307\u6578\u7684\u6210\u5206\u8207\u6bd4\u4f8b\u3002\u00a0<\/p>\n\n\n\n \u56e0\u6b64\u00a0MSCI \u516c\u53f8\u4e3b\u8981\u71df\u5229\u6a21\u5f0f\u5c31\u662f\u4f86\u81ea\u300c\u6388\u6b0a\u6307\u6578\u300d\u7684\u6388\u6b0a\u8cbb\uff0c\u6b0a\u5229\u91d1\u7684\u6982\u5ff5\u3002<\/strong>\u00a0\u7576\u7136 MSCI \u4e26\u975e\u7368\u4f54\uff0c\u9084\u6709 FTSE \u82f1\u570b\u5bcc\u6642\u3001S&P Dow Jones Indices \u6a19\u666e\u9053\u74ca\u6307\u6578\u3001CRSP Indexes\u3001Bloomberg Barclays Indices \u5f6d\u535a\u5df4\u514b\u840a\u6307\u6578\u7b49\u6307\u6578\u767c\u884c\u516c\u53f8\u3002\u00a0<\/p>\n\n\n\n \ud83d\udca1\u5c0f\u6545\u4e8b :\u00a0Vanguard \u70ba\u4e86\u964d\u4f4e ETF \u5167\u542b\u7ba1\u7406\u8cbb\uff0c\u653e\u68c4\u4f7f\u7528 MSCI \u6307\u6578\uff0c\u6539\u63a1\u7528 FTSE \u6307\u6578\u3002<\/a><\/p>\n\n\n\n \u53f0\u7063\u52a0\u6b0a\u80a1\u50f9\u6307\u6578\u3001\u7f8e\u570b\u6a19\u666e 500 \u6307\u6578\u3001\u7f8e\u570b\u90a3\u65af\u9054\u514b\u6307\u6578\u6216\u662f\u7e3d\u9ad4\u7d93\u6fdf\u5e38\u5e38\u63d0\u5230\u7684 CPI \u7269\u50f9\u6307\u6578\u3001PMI \u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff0c\u6307\u6578\uff08Index\uff09\u5c31\u662f\u7528\u6578\u503c\u4f86\u4ee3\u8868\u4e00\u500b\u6574\u9ad4\u5e02\u5834\u7684\u72c0\u6cc1\u3002<\/strong><\/p>\n\n\n\n \u8209\u4f8b\uff0c\u5982\u679c\u6709\u4eba\u554f\u8aaa\u53f0\u80a1\u8868\u73fe\u5f37\u9084\u662f\u5f31\uff0c\u4f60\u5f88\u96e3\u7528\u5e7e\u6a94\u80a1\u7968\u5c31\u544a\u8a34\u4ed6\u5168\u8c8c\uff0c\u4f46\u4f60\u53ef\u4ee5\u7528\u53f0\u7063\u52a0\u6b0a\u6307\u6578\u4eca\u5e74\u6f32 20%\uff0c\u6bd4\u7f8e\u570b\u6a19\u666e 500 \u6307\u6578\u6f32 15% \u4f86\u7684\u66f4\u52a0\u5f37\u52c1\u8aaa\u660e\u3002<\/p>\n\n\n\n \u6240\u4ee5\u6307\u6578\u53ea\u662f\u63db\u7b97\u51fa\u4f86\u7684\u4e00\u500b\u6578\u503c\uff0c\u5feb\u901f\u5206\u6790\u5e02\u5834\u7684\u767c\u5c55\u73fe\u72c0\uff0c\u4e26\u4f5c\u70ba\u57fa\u6e96\u6bd4\u8f03\u5de5\u5177\u3002<\/strong><\/p>\n\n\n\n \u91d1\u878d\u5e02\u5834\u7684\u6307\u6578\u901a\u5e38\u662f\u7528\u4f86\u4f5c\u70ba\u57fa\u6e96\uff08Benchmark\uff09\uff0c\u4e5f\u5c31\u662f\u8aaa\u4e3b\u52d5\u5f0f\u7684\u57fa\u91d1\u7d93\u7406\u4eba\u4ed6\u8981\u6bd4\u8f03\u7684\u5c0d\u624b\u5c31\u662f\u76f8\u5c0d\u61c9\u5730\u5340\u6216\u985e\u578b\u7684\u5e02\u5834\u6307\u6578\u3002\u00a0<\/p>\n\n\n\n \u4f8b\u5982\uff0c\u5c0f\u660e\u662f\u64cd\u76e4\u7f8e\u570b\u80a1\u7968\u5e02\u5834\u7684\u57fa\u91d1\u7d93\u7406\u4eba\uff0c\u5982\u4f55\u5224\u65b7\u5c0f\u660e\u662f\u4e0d\u662f\u53b2\u5bb3\u7684\u64cd\u76e4\u4eba\uff0c\u53ef\u4ee5\u6bd4\u8f03\u5c0f\u660e\u7684\u57fa\u91d1\u7e3e\u6548\u5728\u67d0\u4e00\u6bb5\u671f\u9593\u662f\u5426\u64ca\u6557\u7f8e\u570b\u5e02\u5834\u6307\u6578\uff0c\u5982\u679c\u6bd4\u5e02\u5834\u6307\u6578\u597d\uff0c\u8868\u793a\u7d93\u7406\u4eba\u80fd\u5920\u5e6b\u52a9\u5ba2\u6236\u5275\u9020\u6240\u8b02\u7684\u8d85\u984d\u5831\u916c alpha\u3002<\/p>\n\n\n\n \u9664\u4e86\u505a\u70ba\u6bd4\u8f03\u57fa\u6e96\u5916\uff0cETF \u7684\u767c\u884c\u57fa\u672c\u4e0a\u90fd\u6703\u6709\u4e00\u500b\u6307\u6578\u5c0d\u61c9\uff0c\u4f5c\u70ba\u9019\u6a94ETF\u88e1\u9762\u6a19\u7684\u6210\u5206\u8207\u6bd4\u4f8b\u7684\u4e3b\u8981\u4f9d\u64da\uff0c\u7576\u9019\u500b\u6307\u6578\u4f5c\u51fa\u8abf\u6574\u6642\uff0cETF \u7684\u6210\u5206\u6bd4\u4f8b\u4e5f\u6703\u8ddf\u9019\u8b8a\u52d5\uff0c\u9019\u4e5f\u662f\u70ba\u4ec0\u9ebc MSCI \u8abf\u6574\u6642\uff0c\u6703\u5f71\u97ff\u5230\u5168\u7403\u7684\u8cc7\u91d1\u52d5\u5411\u8207\u80a1\u7968\u5e02\u5834\u7684\u52d5\u76ea\u3002\u00a0<\/p>\n\n\n\n \u00a0\u56e0\u6b64\u6bcf\u4e00\u5bb6\u6307\u6578\u516c\u53f8\u505a\u6307\u6578\u6210\u5206\u7684\u8abf\u6574\u6642\uff0c\u57fa\u672c\u4e0a\u90fd\u6709\u5f71\u97ff\uff0c\u53ea\u662f\u56e0\u70ba MSCI \u6307\u6578\u7684\u61c9\u7528\u5ee3\u6cdb\u8207\u4f7f\u7528\u4eba\u6578\u975e\u5e38\u591a\uff0c\u6240\u4ee5 MSCI \u7684\u6bcf\u5b63\u5b63\u5ea6\u8abf\u6574\u6703\u6210\u70ba\u65b0\u805e\u77da\u76ee\u7684\u7126\u9ede\u3002\u00a0<\/p>\n\n\n\n \u00a0\u6839\u64da\u570b\u5916\u8ca1\u7d93\u77e5\u8b58\u7db2\u7ad9 Investopedia\u00a0\u7684\u8cc7\u6599\u7d71\u8a08<\/a>\uff0cMSCI \u767c\u884c\u8d85\u904e 16 \u842c\u7a2e\u6307\u6578\uff0c\u5728\u00a0MSCI \u5b98\u65b9\u7db2\u7ad9<\/a>\uff0c\u53ef\u4ee5\u770b\u5230\u5b83\u5011\u76ee\u524d\u7de8\u88fd\u7684\u6307\u6578\uff0c\u5206\u70ba\u8a31\u591a\u985e\u5225\uff1a\u5e02\u503c\u3001\u56e0\u5b50\u3001\u7b56\u7565\u3001\u4e3b\u984c\u3001 ESG \u3001\u623f\u5730\u7522\u3001\u56fa\u5b9a\u6536\u76ca\u2026\u7b49\u3002\u00a0\u8207\u53f0\u7063\u80a1\u5e02\u6bd4\u8f03\u6709\u95dc\u7684\u6307\u6578\uff0c\u53ef\u4ee5\u53c3\u8003\u4ee5\u4e0b\u00a0<\/p>\n\n\n\n 1. MSCI ACWI Index (\u5168\u7403\u80a1\u7968\u6307\u6578)<\/a> \u50cf\u662f\u5728\u7f8e\u570b\u4ea4\u6613\u6240\u4ea4\u6613\u7684EWT ETF\uff0c\u5176\u6295\u8cc7\u6a19\u7684\u70ba\u53f0\u7063\u80a1\u5e02\uff0c\u6240\u8ffd\u8e64\u7684\u6307\u6578\u5373\u70ba MSCI Taiwan 25\/50 Index\uff0c\u76f8\u8f03\u65bc\u53f0\u7063\u76840050 ETF\uff0cEWT\u7684\u6301\u80a1\u66f4\u662f\u5206\u6563\uff0c\u4f54\u53f0\u7063\u80a1\u5e02\u768485% ( 0050\u50c5\u536070% )\u3002<\/p>\n\n\n\n \u82e5\u60f3\u8981\u77e5\u9053MSCI \u5404\u6307\u6578\u7684\u6210\u5206\u6bd4\u4f8b\uff0c\u53ef\u4ee5\u5230\u9019\u88e1<\/a>\u67e5\u8a62\u3002 <\/p>\n\n\n\n \u53ef\u4ee5\u7684! \u7b2c\u4e00\u500b\u4f60\u53ef\u4ee5\u900f\u904e\u671f\u8ca8\u7684\u65b9\u5f0f\u4ea4\u6613\uff0c\u4f8b\u5982\u4f60\u5982\u679c\u60f3\u8981\u6295\u8cc7\u53f0\u7063\u52a0\u6b0a\u80a1\u50f9\u6307\u6578\uff0c\u4f60\u53ef\u4ee5\u4f7f\u7528\u53f0\u6307\u671f\u8ca8\u53bb\u9032\u884c\u6295\u8cc7\u3002 <\/p>\n\n\n\n \u7b2c\u4e8c\u500b\u4f60\u53ef\u4ee5\u9078\u64c7\u8ffd\u8e64 MSCI \u6240\u767c\u884c\u6307\u6578\u7684 ETF \uff0c\u900f\u904e ETF \u7684\u6295\u8cc7\uff0c\u4f60\u4e5f\u662f\u6295\u8cc7\u6307\u6578\u7684\u6210\u5206\u5167\u5bb9\u3002<\/p>\n\n\n\n MSCI \u6307\u6578\u7684\u6210\u5206\u80a1\u6703\u65bc\u6bcf\u5e742\u6708\u5e95\u30015\u6708\u5e95 \u30018\u6708\u5e95\u300111\u6708\u5e95\u9019\u4e9b\u6642\u9593\u9032\u884c\u8abf\u6574\uff0c\u5c31\u662f\u6240\u8b02\u7684\u300cMSCI \u5b63\u5ea6\u8abf\u6574\u300d\u3002 \u57fa\u672c\u4e0a\u524d20\u5929\u6703\u5148\u5728\u7db2\u7ad9\u4e0a\u516c\u544a\uff0c\u63d0\u4f9b\u88ab\u52d5\u5f0f\u57fa\u91d1\u696d\u8005\u6709\u8db3\u5920\u6642\u9593\u9032\u884c\u8abf\u6574\uff0c\u4e26\u65bc\u4e0b\u6708\u7684\u7b2c\u4e00\u5929\u751f\u6548\uff0c\u6240\u4ee5\u901a\u5e38\u6708\u5e95\u7684\u6700\u5f8c\u4e00\u5929\u4ea4\u6613\u65e5\u6703\u7206\u5927\u91cf\u3002 \u5982\u679c\u60f3\u8981\u77e5\u9053\u8abf\u6574\u7684\u8a0a\u606f\uff0c\u53ef\u4ee5\u53c3\u8003\u9019\u500b\u5730\u65b9<\/a>\u3002 MSCI \u516c\u5e03\u88ab\u7d0d\u5165\u6216\u5254\u9664\u7684\u80a1\u7968\u662f\u4e0d\u662f\u6703\u4e0a\u6f32\u6216\u4e0b\u8dcc\u5462? <\/strong>\u57fa\u672c\u4e0a\u6c92\u6709\u7d55\u5c0d\u7684\u56e0\u679c\u95dc\u4fc2\uff0c\u901a\u5e38\u88ab\u7d0d\u5165\u7684\u80a1\u7968\u53ef\u80fd\u5df2\u7d93\u6f32\u4e86\u4e00\u5927\u6bb5\u4e86\uff0c\u5e02\u503c\u8b8a\u5927\u800c\u6210\u70ba\u6210\u5206\u80a1\uff0c\u56e0\u6b64\u6574\u9ad4\u5e02\u5834\u65e9\u5df2\u7d93\u53cd\u6620\u4e86\u3002 <\/p>\n\n\n\n \u57fa\u672c\u4e0a\u5f71\u97ff\u5f88\u6709\u9650\u3002 \u5982\u679c\u4f60\u662f\u88ab\u52d5\u5f0f\u6295\u8cc7\u8005\uff0c\u4e0d\u592a\u6703\u53d7\u5230\u5f71\u97ff\uff0c\u4e5f\u4e0d\u95dc\u4f60\u7684\u4e8b ; \u5982\u679c\u4f60\u662f\u4e3b\u52d5\u5f0f\u6295\u8cc7\u8005\uff0c\u5e78\u904b\u7684\u4f60\u7684\u6301\u80a1\u88ab MSCI \u7d0d\u5165\u6216\u5254\u9664\uff0c\u77ed\u671f\u6703\u53d7\u5230\u8cc7\u91d1\u6d41\u5411\u7684\u5f71\u97ff\uff0c\u4f46\u6295\u8cc7\u500b\u80a1\u9084\u662f\u56de\u6b78\u57fa\u672c\u9762\u8a55\u4f30\uff0c\u516c\u53f8\u7684\u771f\u5be6\u50f9\u503c\u4e26\u4e0d\u6703\u53d7\u5230MSCI\u5de6\u53f3\u3002<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n \u9019\u88e1\u5411\u4f60\u63a8\u85a6\u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1\uff0c\u70ba\u5168\u53f0\u552f\u4e00\u7372\u734e\u7684\u6a5f\u5668\u4eba\u7406\u8ca1\u6295\u9867\u516c\u53f8<\/strong>\uff0c\u4f7f\u7528\u5927\u6578\u64da\u6253\u9020\u5ba2\u88fd\u5316\u7684\u76ee\u6a19\u5c0e\u5411\u6295\u8cc7\u65b9\u6848\u3002\u4e26\u4e14\u64c1\u6709\u5168\u7403\u591a\u5143\u5316\u6295\u8cc7\u7d44\u5408\uff0c\u6295\u8cc7\u6210\u672c\u4f4e\u4e14\u9054\u6a19\u7387\u9ad8\u5916\uff0c\u9084\u6709\u826f\u597d\u7684\u98a8\u96aa\u7ba1\u63a7\u80fd\u529b\u3001\u6e05\u695a\u7684\u4ecb\u9762\uff0c\u65b0\u624b\u4e5f\u80fd\u8f15\u9b06\u6295\u5165\uff01<\/p>\n\n\n\n \u7e3d\u9ad4\u4f86\u8aaa\uff0c\u5229\u7528\u963f\u723e\u767c\u6a5f\u5668\u4eba\u6295\u8cc7ETF\u53ef\u4eab\u4ee5\u4e0b8\u5927\u597d\u8655\uff1a<\/p>\n\n\n\n \u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1\u9084\u63d0\u4f9b\u300c\u514d\u8cbb\u6295\u8cc7\u7d44\u5408\u5065\u6aa2<\/a>\u300d\u7684\u670d\u52d9\uff0c\u82e5\u4f60\u5df2\u6709\u6295\u8cc7\u8a08\u756b\uff0c\u5c31\u4f86\u6aa2\u9a57\u4e00\u4e0b\u4f60\u76ee\u524d\u7684\u6295\u8cc7\u7d44\u5408\u662f\u5426\u6709\u6548\u5427\uff01\u82e5\u60f3\u898f\u5283\u5b9a\u671f\u5b9a\u984d\u6295\u8cc7ETF\uff0c\u963f\u723e\u767c\u4e5f\u80fd\u5e6b\u4f60\u300c\u5b9a\u671f\u5b9a\u984d\u514d\u8cbb\u8a66\u7b97<\/a>\u300d\uff01\u5b9a\u671f\u5b9a\u984d\u8d8a\u65e9\u958b\u59cb\u8d8a\u80fd\u9054\u6a19\uff0c\u5fc3\u52d5\u4e0d\u5982\u884c\u52d5\uff0c\u8d95\u7dca\u9ede\u64ca\u4e0b\u65b9\u9023\u7d50\uff0c\u4e86\u89e3\u66f4\u591a\u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1\u7684\u76f8\u95dc\u8cc7\u8a0a\uff01\u524d\u5f80\u4e86\u89e3\u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1<\/a><\/p>\n\n\n\n \u5e38\u5e38\u6211\u5011\u6703\u807d\u5230\u6216\u662f\u5728\u65b0\u805e\u4e0a\u770b\u5230 MSCI \u5b63\u5ea6\u8abf\u6574\uff0cXX \u80a1\u7968\u5165\u9078 MSC I\u6307\u6578\uff0cOO \u80a1\u7968\u88ab\u5254\u9664\u6307\u6578\uff0c\u53e6\u5916 […]<\/p>\n","protected":false},"author":2,"featured_media":1776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[55,57,82,151,414],"class_list":["post-1772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-10","tag-etf","tag-msci","tag-82","tag-151","tag-414"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/1772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1772"}],"version-history":[{"count":0,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/1772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/1776"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/figure>\n\n\n\n\u91d1\u878d\u5e02\u5834\u7684\u6307\u6578\u662f\u4ec0\u9ebc?<\/h2>\n\n\n\n
MSCI \u6307\u6578\u90fd\u61c9\u7528\u5728\u54ea?<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/a><\/figure>\n\n\n\nMSCI \u6307\u6578\u6709\u54ea\u4e9b?<\/h2>\n\n\n\n
2. MSCI EM Index (\u65b0\u8208\u5e02\u5834\u6307\u6578)<\/a>
3. MSCI AC Asia ex Japan Index (\u4e9e\u592a\u6307\u6578\u6392\u9664\u65e5\u672c)<\/a>4. MSCI Taiwan Index (\u53f0\u7063\u6307\u6578)<\/a><\/p>\n\n\n\n<\/a><\/figure>\n\n\n\nMSCI \u6307\u6578\u53ef\u4ee5\u6295\u8cc7\u55ce?<\/h2>\n\n\n\n
MSCI \u4ec0\u9ebc\u6642\u5019\u8abf\u6574\u6210\u5206\u80a1\uff1f<\/h2>\n\n\n\n
MSCI \u8abf\u6574\u5c0d\u6211\u7684\u6295\u8cc7\u6709\u4ec0\u9ebc\u5f71\u97ff?<\/h2>\n\n\n\n
<\/figure>\n\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"