The liquidity lack of fund market is the main reason that cause the discount of closed-end fund of our country.

基金市场流动性的缺失是造成目前我国封闭式基金深度折价交易现象的主要原因。

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The discount of closed-end fund always is one of the puzzles in financial area.

封闭式基金折价现象一直是金融领域中的一个难解之谜。

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However, because of the special operation environment, China closed-end fund discount has its own characteristics different from that of foreign countries, which deserve further research.

而我国的封闭式基金因为运行环境的特殊性，存在着许多有别于国外封闭式基金的特点，值得深入的研究。

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The best site I have found for data on closed-end funds is the Closed End Fund Center, and I have inserted their data into this chart.

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Like a mutual fund, a closed-end fund is a pool of investments.

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The gurus also made a big buy into the Templeton Dragon Fund, a closed-end fund that invests primarily in the equities of Chinese companies.

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