封闭基金 meaning in English
close-end funds
Examples
- Can buy close fund , trade with the stock , but collect middleman ' s fee only , do not collect stamp tax
可以买封闭基金，和股票一样交易，但只收佣金，不收印花税。 - In the first section , the definition of the open - ended fund and the close - ended fund is introduced , and the difference between these two funds is described
第一章，对开放式基金和封闭式基金的定义作了介绍，并从定义出发，介绍了开放式基金与封闭基金的区别。 - Firstly , we find that both the quoted bid - ask spreads and depths decline dramatically in all twenty - five closed - end funds following the reduction in minimum tick size . we also find trade frequency increase . secondly , our analysis shows the reduction in minimum tick size cause an decrease in the variance of rice . finaly , we find that the minimum tick size influence the market efficency and the reduction in minimum tick size increase the market information efficency
研究结果表明：一，最小报价单位“分改厘”使上海证券交易所交易的25支封闭基金的买卖价差和报价深度明显减小，而交易频数增加：二，最小报价单位的减小降低了封闭式基金的价格波动性；三，最小报价单位的大小会影响市场效率， “分改厘”提高了封闭式基金市场的信息效率。 - An analysis of the substitution rate of annuity and its corresponding investment risks and ratios can be made in accordance with the historical performance of closed funds through the portfolio effective frontier approach , indicating the upper limits of trust costs and performance management expenses and providing a decision - making approach to the trust investment of firm annuity
运用投资组合理论的有效前沿方法，依据封闭基金的历史业绩，对企业年金收益替代率的关系以及相应的投资风险和投资比例进行分析，可得出委托代理成本和绩效管理费用上限，为企业年金的委托投资提供决策方法。