开放式证券投资基金

开放式证券投资基金信息披露法律制度研究

The Study on the Legal System of Disclosure of Information on Open-end Securities Investment Fund

开放式证券投资基金预留现金比例的确定

Ascertainment of obligating cash proportion of open-end securities investment funds

开放式证券投资基金：中国证券业的必然选择

Open Securities Investment Bunds : Inevitable Choice for Securities Industry in China

结果显示我国证券市场已经达到弱势有效，基本具备了发展开放式证券投资基金的宏观条件。

The result demonstrates that Chinese security market is a weak efficiency market .

我国开放式证券投资基金选股与择时能力的实证研究

An Empirical Study of the Selectivity and Market Timing of the Chinese Open-end Funds

开放式证券投资基金（以下简称开放式基金）作为一种金融制度创新，具有相当的发展潜力和广阔的发展前景。

As a financial system innovation , open-end security investment fund has large potentiality and extensive foreground .

而进一步分析发现基金资产规模及基金资产集中度对我国开放式证券投资基金的绩效有显著的影响。

Further more , the scale of open-end funds and the concentration in position has positive effect to the performance .

开放式证券投资基金已成为国际基金业发展的主流和趋势，也是我国基金业未来的发展方向。

Open-end fund has become the trend of developing international fund industry , which is China 's expectation as well .

2001年9月，我国第一只契约型开放式证券投资基金华安创新成功发行。

On September , 2001 , the Hua'an Innovation Open-ended Funds , our first contracted securities funds , had succeeded offering .

特别是在我国目前的条件下，快速、健康地发展开放式证券投资基金已成为必然的趋势。

Especially under the circulation of our country , it is necessary to develop the open-end securities investing funds quickly and healthily .

实证结果显示，我国开放式证券投资基金的证券选择能力很弱，但具有一定的择时能力。

The results show that the open-end funds are strong in capability to select time , but weak in capability to select stocks .

规范证券市场运作，提高证券市场效率是发展我国开放式证券投资基金的关键。

It is the key to standardize securities market operation and to enhance securities market efficiency for the development of China 's exoteric securities investment fund .

分析了开放式证券投资基金的流动性风险管理目标以及进行流动性风险管理时面临的两难选择，提出了开放式证券投资基金流动性准备模型，并根据实际情况对该模型进行了讨论。

The paper analyzes the dilemma of mutual fund 's liquidity risk management , brings forward the liquidity reserve model and discusses the practicality of the model .

2000年10月8日，《开放式证券投资基金试点办法》正式出台，从此我国的开放式基金开始登上其历史舞台。

Since the day of October 8 , 2000 when the experimental method of opened security fund is issued , opened security fund of China is taking its stage .

论文从开放式证券投资基金的基本理论入手，阐述了投资基金的相关基本概念和投资风险控制的理论基础。

Starting with the basic theories of open-end securities investing funds , this paper displays the related basic concepts of investing funds and the theoretical bases of investment risk management .

投资者的流动性是影响开放式证券投资基金业绩的重要因素，流动性风险也是开放式基金管理过程中的主要风险之一。

The liquidity of investors is a great influence on the performance of open-end securities investment funds , liquidity risk is also one of the major risk in open-end funds management .

因此，系统地研究开放式证券投资基金投资风险的相关理论，提出控制投资风险的相应对策，对于发展我国开放式证券投资基金将具有重大的意义。

So , systematically researching into the theory of investment risk of open-end securities investing funds and putting forward to the preventing countermeasures to investment risk will have great significance and practical values .

开放式证券投资基金以其便于投资、专家管理、分散风险和规模经济的独特优势，已成为风靡全球的新兴投资方式。

With the investing convenient , managing by the experts and running in scale , the open-end securities investing funds have become a new investing way , which is popular all over the world .

本文从基金管理人的角度，结合我国投资基金的实际情况，对开放式证券投资基金的投资风险控制进行了深入系统的研究。

Behalf on the manager of funds , this paper discusses the investment risk management of open-end securities investing funds deeply and systematically , together with the real circulation of investing funds in our country .

开放式证券投资基金作为证券投资基金中的一种，在数量和募集规模上分别达到了基金总量的70%和80%，占据主导地位。

As one of the types of security funds , open-ended security funds of which the volume and circulation respectively reach to 70 % and 80 % of security funds ' , now dominate the fund industry .

最早的开放式证券投资基金（以下简称开放式基金）诞生于1924年的美国，发展至今已成为世界各国基金运作的基本形式之一。

The earliest Open-end Fund was born in the USA in 1924 . Over the period of time of its development , it has become one of the most common types of mutual fund throughout the world .

自2001年我国开放式证券投资基金诞生以来，由于申购、赎回机制的存在，使基金管理公司面临很大的营销压力。

Since 2001 , after the open-ended fund coming into being , fund companies are confronted with sale market pressure resulting form selling and redeeming mechanism . The scale of the open-ended fund is decided by market .

我国从推出开放式证券投资基金至今还只有两年时间，然而其发展异常迅速，在我国金融市场上的影响力日益显著。

It is only two years from the first open-end fund being launched in China , hut it grows very quickly . The open-end fund are playing a more and more important role in Chinese capital market .

最近几年，随着我国开放式证券投资基金业迅速繁荣，国内学者对基金绩效评价的方法进行了积极的理论探索和实证研究，但总体而言，还处于较为落后的状态。

In recent years , with the rapid progress of the open-end investment funds in China , domestic scholars are exploring the theory and empirical research on fund performance evaluation methods . However , the research is still backward .

文章针对开放式证券投资基金的申购、赎回机制，给出了一种确定基金预留现金比例系数的方法，为开放式基金公司的良性运作提供了一个参考。

In this paper , based on the purchasing and redeeming mechanism of open_end securities investment funds , a method of ascertaining the obligated cash proportion coefficient is presented and a reference for the fine operation of open_end investment company is offered .

开放式基金是证券投资基金的一种。

The open-end fund is one of the investment funds .

开放式基金是中国证券投资基金未来发展的方向，第4章从信息经济学和功能观点的角度给出了这种发展趋势的经济解释。

The open-end fund is the direction of the development of Chinese security investment funds in the future . From the view of information economics and the functional perspective , the author gives economic explanation to this developmental trend .