所有伯纳德·麦道夫的投资人除了亏钱以外，还有一个相同点：他们都不懂麦道夫的基金策略。
All of Bernie Madoff's investors have one thing in common besides losing money: they didn't understand his strategy.
经理过去按季度向投资者提供最新信息，只告知投资者基金的业绩；现在，经理煞费苦心地解释基金的策略。
Managers used to update investors quarterly only to inform them of the fund’s performance; now they take pains to explain the fund’s strategy.
原始的策略包括投资者将一半的资产投到标准普尔500指数基金(S&P 500 Index Fund)，另一半投到希尔森-雷曼中期债券指数(Shearson/Lehman INtermediate Bond Index)。
The original strategy involved investing half of an investor's assets in an S&P 500 Index fund and half in a fund mirroring the Shearson/Lehman Intermediate Bond Index.
最后，针对实证研究结果，提出提高我国基金绩效评价的策略，并从监管部门、基金管理公司、基金经理人和投资者角度提出建议。
At last, based on the empirical research result, labels the strategy about how to advance the fund performance appraisal in China, and makes the Suggestions for fund supervisor, manager and investor.
谈及投资选择﹐大部分顾问认为﹐对冲基金的基金优于单一策略基金。
When it comes to choosing products, most advisers recommend funds of hedge funds over single-strategy funds.
有些投资者用交易所交易基金来对冲股市下跌，前者在股市走低时会上涨（今年年初我采取了这一策略，但收获并不大）。
Some investors are hedging against stock declines with exchange-traded funds that rise as stock prices fall (a strategy I tried without much success earlier this year). Pimco's Mr.
有些投资者用交易所交易基金来对冲股市下跌，前者在股市走低时会上涨（今年年初我采取了这一策略，但收获并不大）。
Some investors are hedging against stock declines with exchange-traded funds that rise as stock prices fall (a strategy I tried without much success earlier this year). Pimco's Mr.
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