... i 表示基 金的固定效应;Past Performance(历史收益)为基金i 在 t 季度的前四个季度的超额收益的均值;Fund Size(基金规模)为基金i 在t 季度的规模,由该基金 的TNA 除以样本中值后,取其对数求得,为标准化 值;Turnover ratio 为换手率,Expense ratio...
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...;由于有研究表明基金的流通股本规模和到期期限对封闭式基金的流动性影响显著(崔惠芳,2007),所以本文选取基金规模(LSIZEit)、和距离到期期限月数(LTERMit)作为控制变量。各变量的定义及说明见表1:
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With its scale being enlarged, the stock investment fund strengthens continuously in the position in the national economy.
随着证券投资基金规模化发展,基金在国民经济中的地位不断增强。
参考来源 - 我国证券投资基金业绩的评价模型与实证研究·2,447,543篇论文数据,部分数据来源于NoteExpress
关于是否扩大欧元区纾困基金规模的争论,也放大了弥漫全欧洲的困惑情绪。
The confusion across Europe was amplified by a dispute over whether to expand the size of the eurozone's bail-out fund.
该基金规模远远大于了分析师的预期,是整个行业迄今为止排名第11大的基金。
That is much larger than analysts were expecting and is the eleventh-largest fund yet raised in the industry.
欧盟财长会议于1月17日落幕,在增加7500亿欧洲稳定基金规模等问题上没有达成公司。
Euro-area finance ministers meeting late on Jan. 17 ruled out increasing the size of the 750 billion-euro EFSF for now.
Then when we look at the statistics, all we see are a lot of assets in the fund that performed well and the underperforming fund that was merged out of existence isn't there anymore.
于是当我们去查阅统计资料时,只能看到资产规模巨大且运作良好的基金,那些运作不佳的基金,随着合并与它的纪录一起消失了
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