fund contract meaning in English
基金合同
Examples
- Main content of special sunshine fund contract
“阳光专项资金”合作协议主要内容: - For example , the fund contract is < wp = 8 > outside the letter of the law and cannot be prote
目前我国正在着手制定投资基金法,对私募基金也有专门述及。 - The house and senate appropriations committees have approved separate plans to fund contracts valued at up to 60 million to deploy the antimissile technology
该发言人还称,参众两院拨款委员会已经批准数个计划,以6000万美元拨款资助研究反导弹技术。 - The advantages of private funds are that professional managers can use their specialized knowledge of the selected asset class to obtain higher returns than can be expected from public funds , which are mostly listed , usually open - ended and constrained by strict regulations . private funds are set up among certain groups of people , whose particular investment < wp = 6 > demand can be met in the fund contract . based on these advantages , private funds have experienced such a rapid development that their volume has reached 700 billion rmb within only several years
相对于公募基金来说,私募基金有如下优势:私募基金是向少数特定对象募集的,因此其投资目标更有针对性,更能满足客户特殊的投资要求;私募基金所受监管较为宽松,投资方式更为灵活;私募基金不必象公募基金那样定期披露详细的投资组合,投资更具隐蔽性,效率可能更高;私募基金的发起人和管理人一般要以自有资金来投入基金管理公司,基金运作的成功与否直接关系到其自身利益,产权关系明晰,激励约束机制更为健全。 - The third chapter first describes the operating mechanism of private funds , then focuses on practical methods to control the risks involved . comparatively speaking , china ' s private funds do n ' t have as many investment tools as their foreign counterparts and they mainly operate in the secondary stock market . as a result , the risks private funds confront are tremendous : private funds in china have no legal status , which indicates that the fund contract ca n ' t get proper legal protection ; the stock market has been far from perfect so that private funds have inadequate instruments to avoid risks ; the listed companies participating in private funds are vulnerable to risks ; private funds investors also confront the risks of unexpected policy change
我国的私募基金与国外相比,运作方式较为单一,主要在二级市场操作,大部分依靠作大成交量,获取券商返还佣金来获取收益,以跟庄、锁仓、联合坐庄为主要投资策略,以中线持股、波段炒作为主要战术,这就决定了我国私募基金面临着巨大的风险:我国私募基金没有合法地位,基金契约合同不受法律保护;证券市场品种单一,没有避空机制,期权、期货等金融衍生工具甚至根本不存在;上市公司参与私募基金引致巨大风险;由于目前国家对私募基金的立法没有正式出台,投资者还面临着政策调整的风险。