Chapter two mainly analyses the specialty of our open-ended fund.
第二章对我国开放式基金的赎回风险进行特殊性分析。
Firstly, it analyzes the meaning of liquidity risk of open-ended fund.
文章首先对开放式基金流动性风险的涵义做了深入地分析。
Part two analyzes the liquidity risk of the open-ended fund about redemption.
第二部分对开放式基金赎回的流动性风险加以分析。
Compared with close-ended fund, open-ended fund keep away moral hazard and adverse selection effectively.
与封闭式基金相比，开放式基金能更有效地防止逆向选择和道德风险。
The institutional defect of securities market is the exogenous reason causing liquidity risk of the open-ended fund.
证券市场制度性缺陷是开放式基金流动性风险外生性诱因。
But just because the investors can freely redeem the open-ended funds, this puts higher request to the risk management of open-ended fund too.
但是正是因为开放式基金的可自由赎回性，这也对开放式基金风险管理提出了更高的要求。
Considering some problems in our security market the paper analyses the specialty of the risk faced by our open-ended fund from three aspects.
考虑到我国证券市场中现存的一些问题，又对我国开放式基金面临的赎回风险从三个大的方面进行了特殊性分析。
Chapter three, subdivide buyer's colony of open-ended fund market through different indexes, then study how to subdivide the choice and localization of the market.
第三章，通过不同的指标对开放式基金市场购买者群体进行细分，然后研究如何进行细分市场的选择和定位。
The "open operation way" of the open-ended fund, make it face the investors' applying of purchasing and redeeming at any time, this make its liquidity risk cant be ignored.
开放式基金的“开放式”运作方式，使其要随时面对投资者的申购和赎回，这使开放式基金的流动性风险不容忽视。
Chapter two carries on environmental analysis to the open-ended fund trade from such three respects as macroscopical environment, buyer's market, competitor's environment, etc.
第二章从宏观环境、购买者市场、竞争者环境等三个方面对开放式基金行业进行环境分析。
In the second part, we discuss the formation mechanism of the open-ended fund liquidity risk, and demonstrate that the main reason of liquidity risk is the redemption of investors.
第二部分分析了开放式基金流动性风险的形成机制，论证了开放式基金投资者的赎回行为是引发流动性风险的主要原因。
Next, because a shareholder's redemption is the primary reason causing liquidity risk of open-ended fund, the thesis studies a shareholder's redeeming behavior, and makes an empirical analysis.
由于基金投资者的赎回是导致开放式基金流动性风险的主要因素，因此，接下来本文着重对投资者的赎回行为进行了研究，并进行了实证分析。
If the mobility of the open-ended fund is not good enough, then it will encounter the sudden redeeming of invenstors, which may cause the downward trend and the mobile forfeiture of the whole market.
如果开放式基金的流动性欠佳，再遭遇投资者的突然集体大额赎回，开放式基金的兑现资产则有可能造成整个市场的直线下坠，市场的流动性丧失。
The buying and redeeming of open-ended mutual fund make the size of its asset uncertain.
开放式基金的申购和赎回给其资产规模带来了不确定性。
By building a intrinsic mechanism model, this paper demonstrates that the fund managers can maximize their income by choosing the proper rate of fees and expenses of open-ended mutual funds.
通过建立内生机制模型，本文说明，基金经理通过选择一个合适的管理费率和赎回费率，可以实现个人收入的最大化。
By building a intrinsic mechanism model, this paper demonstrates that the fund managers can maximize their income by choosing the proper rate of fees and expenses of open-ended mutual funds.
通过建立内生机制模型，本文说明，基金经理通过选择一个合适的管理费率和赎回费率，可以实现个人收入的最大化。
应用推荐