Mr Major said risk appetite was looking increasingly fragile and fund managers who reached their benchmark return might well be inclined to "park" some capital in precious metal ETFs.
梅杰表示，风险偏好看上去日趋脆弱，已经实现基准回报率的基金经理，很可能倾向于把一部分资金“存放于”贵金属ETF中。
Mr Major said risk appetite was looking increasingly fragile and fund managers who reached their benchmark return might well be inclined to “park” some capital in precious metal ETFs.
梅杰表示，风险偏好看上去日趋脆弱，已经实现基准回报率的基金经理，很可能倾向于把一部分资金“存放于”贵金属ETF中。
There are leveraged ETFs which offer a geared return on a given index, inverse ETFs which aim to go down when a benchmark goes up (and vice versa) and, inevitably, leveraged inverse ETFs.
也有杠杆式EFTs，在给定的指数上提供一个反向的收益，使ETFs逆转，即当基准上升时EFTs有下降的趋势（反之亦然），不可避免地，举债经营逆转ETFs。
These funds do not own assets like shares or bonds; instead they arrange a derivative deal with an investment bank, which guarantees to deliver the return of the targeted benchmark.
这些基金不拥有股票或债券类的资产，但它们能和投行进行衍生交易，投行则担保将目标标准点的收益传到账上。
The bank agrees to pay the provider an amount equal to the return on the chosen benchmark, say an emerging-markets index; the provider hands over cash in return.
银行同意付给提供者一笔与基准选择带来的收益相同金额基金。 提供者返还现金。
However, if the swap counterparty defaults on its obligations, the ETFs might face a loss failing to track the return of the benchmark index.
然而，如果掉期对手方未能履行其责任，交易所买卖基金可能面临亏损，未能跟踪基准指数的回报。
That handed Deng and his fellow investors an annualised return of 40 per cent, more than 13 times the benchmark one-year deposit rate, according to the website.
这使得邓邦富和其他的投资者年华收益率达到了40%，比一年期存款基准利率高了13倍之多。
We firmly allow art to return to life, we hope to provide customers with another reference and discussion of the road, in order to establish industry benchmark.
我们坚定地让艺术回归生活，我们希望为客户提供另外一条可供参考和探讨的路，以此来建立行业标杆。
We firmly allow art to return to life, we hope to provide customers with another reference and discussion of the road, in order to establish industry benchmark.
我们坚定地让艺术回归生活，我们希望为客户提供另外一条可供参考和探讨的路，以此来建立行业标杆。
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