We set up a model so as to explain the discount of the closed-end fund.

建立基金定价模型，能以期对封闭式基金的折价作出合理的府释。

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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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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 Swiss Helvetia Fund (SWZ) is a closed-end fund composed primarily of Swiss stocks.

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It could be an issue, however, for a stock, bond, ETF, or closed-end fund that is not frequently traded.

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