Empirical Study and Performance Evaluation on Closed-end Fund 封闭式证券投资基金的绩效评价与实证研究
A rating fund is a closed-end fund divided into preferential and ordinary units. Preferential units are targeted at investors who prefer lower risks while ordinary units are for those seeking risk exposure. 分级基金是一种划分为优先份额和普通份额的封闭式基金,其中优先份额针对风险偏好较低的投资者,普通份额针对风险偏好较高的投资者。
The results show that survivorship bias enhances the performance of close-ended funds hi China. Furthermore, survivorship bias magnifies the persistence of closed-end fund performance to some extent. 研究结果表明,忽略生存偏差效应会导致我国封闭式基金绩效的高估,且在一定程度上夸大了我国封闭式基金绩效的持续性。
There is no unified view to the explanation of the closed-end fund. 对于封闭式基金的折价的解释,没有一个统一的观点。
City of London investment group, a closed-end fund specialist that has invested in China since 2003 by renting QFII quota from investment banks, received its own$ 100m quota in June. 2003年以来通过租借投资银行qfii额度在华进行投资的封闭式基金专业机构cityoflondoninvestmentgroup于今年6月获得了自己的1亿美元额度。
Finally, when some closed-end fund declared its plan to convert to open fund, the discount significantly reduced, and made positive extra return to the investors. 最后,发现封闭式基金宣布转为开放式后折价幅度会急剧减少,同时投资者可以获得超额收益。
From the angle of the agent's cost which comes from the principal-agent between the investor and fund manager, the article analyses the reason of the discount of closed-end fund of our country. 从投资者和基金经理之间委托代理产生的代理成本的角度,分析了我国封闭式基金折价的原因。
Analyzing Discount of Closed-end Fund on the Basis of Value Formation Mechanism 基于价值形成机制的封闭式基金折价问题探析
China's Closed-end Fund Discount Cause Analysis and Its Policy Recommendations 中国封闭式基金折价成因分析及其政策建议
The Empirical Research on Stock-holding Preferences of Closed-end Fund in China 中国封闭式基金持股偏好的实证研究
The LLP has a limited life, often 10 years, and is a closed-end fund. 这个llp的寿命是有限的,通常为10年,而且是一个封闭式基金。
When sentiment moves against a closed-end fund, it often trades at a discount to net asset value. 当市场人气不看好封闭型产品时,它的价格通常低于资产净值。
Excess volatility tests are used to examine if there is an excess return volatility of closed-end fund in a bear market. 利用过度波动检验,研究中国封闭式基金在熊市环境中是否存在过度波动。
Currently the open-end fund has been the mainstream variety in the international fund market, as opposed to closed-end fund, the open-end fund hold big advantage at incentive and restraint mechanisms liquidity, transparency, convenient degree of investment. 目前,开放式基金已成为国际基金市场的主流品种,相对于封闭式基金,开放式基金在激励约束机制、流动性、透明度和投资便利程度等方面都具有较大的优势。
A closed-end fund is often incorrectly referred to as a mutual fund, but is actually an investment trust. 阿封闭式基金往往是错误地称为共同基金,但实际上是一个投资信托。
That's one reason why I have something of a preference for a closed-end fund, or an open-ended fund that has some restrictions around it. 这就是为什么我希望它是一个封闭基金,或者带有一些限制性措施的开放基金。
Overreaction of Closed-End Fund to Stamp Duty Reduction 我国封闭式基金对印花税下调的过度反应研究
The size of circulating capitalization of closed-end fund has a significant effect on market liquidity, and the market has a preference for secondarily small closed-end fund; 封闭式基金流通股本规模对市场流动性有显著影响,市场偏好次小盘基金;
Closed-end Fund, Have You Purchased It 封闭式基金,您购买了吗
Finally, we contrast the closed-end fund and the open-end fund and then look into the open-end fund's redemption from the angle of closed-end fund discounts. 最后,通过对比封闭式基金与开放式基金,从封闭式基金折价的角度对开放式基金赎回进行了观察。
After an improved liquidity index is presented, it is applied to examine market liquidity of closed-end fund. 本文在给出一个改进流动性指标的基础上,利用该指标对封闭式基金的市场流动性进行了分析。
Securities investment fund could be classified into opened-end fund and closed-end fund, contractual fund and corporation fund. 根据组织形式和基金券的变现方式,基金可分为公司型和契约型,封闭式和开放式,这是对财务最有影响的两种分类。
Then, analyze the income and risk of insurance funds investing in closed-end fund; 第二,对现有寿险资金购买封闭式证券投资基金收益与风险进行了理论与实证分析,然后对购买即将推出的试点开放式基金的可行性进行分析。
The discount of closed-end fund always is one of the puzzles in financial area. 封闭式基金折价现象一直是金融领域中的一个难解之谜。
Closed-end fund discount is an anomalous phenomenon in the modern financial theory. 封闭型基金折价交易现象是现代金融理论中的一个异象。
Market liquidity of closed-end fund as a whole don't significantly influence on closed-end fund discounts. 封闭式基金市场流动性总体上对基金折价没有显著影响。
The security selection capability of closed-end fund diverges, but shows no difference with the open-end fund. 各只封闭式基金表现出的证券选择能力出现了分化,但是封闭式基金的证券选择能力和开放式基金没有表现出差别。
At the same time, closed-end fund does not show significant difference with open-end fund. 同时,封闭式基金、开放式基金的绝对收益率没有表现出明显的差别。
On the aspect of monitoring mechanism, corporate closed-end fund or the committee of trustee can be established. 在监督机制创新方面,可以通过成立公司型封闭式基金、成立受托委员会对基金管理人进行监督。