Say the fund holds large positions in illiquid assets. The fund cannot immediately sell these assets, except at a fatal loss, so it would sell its more liquid assets.
要是这个基金持有很大的非流动性资产，这个基金就没法立刻卖掉这些资产，除非在一个致命的亏损的时刻，那么它将出售更多流动性资产。
Fund managers typically keep 20% of (unrealized) trading profits. But first they must realize that 20% by selling the liquid assets.
一般的基金经理可拿到(未实现的)交易利润的20%，但首先他们须卖出流动资产，才能实现那个20%。
With the empirical way to analysis the influence of the return of fund, dividend, asset and net value to redemption, and to study the relationship between redemption and liquid assets.
用实证方法分析了基金收益率、分红、基金规模和基金净值对赎回的影响以及基金赎回对基金流动性资产的关系。
Funds in corporate finance activities worthy of attention is always a highly liquid assets, the fund management is the core content of corporate financial management.
在企业财务活动中资金始终是一项值得高度重视的高流动性资产，因此资金管理是企业财务管理的核心内容。
Funds in corporate finance activities worthy of attention is always a highly liquid assets, the fund management is the core content of corporate financial management.
在企业财务活动中资金始终是一项值得高度重视的高流动性资产，因此资金管理是企业财务管理的核心内容。
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