The redemption mechanism of open-end funds determines its particular liquidity risk.

开放式基金的赎回机制决定了其特殊的流动性风险。

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This paper aims to study the liquidity risk of open-end funds in China by empirical means on the basis of Chinese practice and foreign successful risk management experience.

本文从我国证券市场实际情况出发，在借鉴国内外经验和研究成果的基础上，对中国开放式基金的流动性风险进行实证研究。

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Based on the risk characteristics faced by open-end funds, this paper studied the no-load and load funds' optimal holding scale of risky assets, and developed the relevant models.

基于开放式基金面临的风险特征，分别对无负载基金和负载基金风险资产最佳持有规模问题进行了研究，并建立了相应的模型。

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He recommends lower-cost, open-end funds when no similar closed-end looks worth buying.

FORBES: When to buy a closed-end

After all, loans remain one of the few asset classes that offer retail investors relatively wide distributions, with open-end funds paying yields of 4.5-5% and closed-end funds that use leverage paying 6-7%.

FORBES: Loan Market Technicals Cool In Late September, But Tone Stays Strong

Open-end mutual funds trade directly with investors, creating and destroying shares as needed to account for investments and withdrawals.

FORBES: Magazine Article