第五条基金合同应当约定基金运作方式。
Article 5 a fund contract shall stipulate the operation method of the fund.
基金运作方式可以采用封闭式、开放式或者其他方式。
第五条基金合同应当约定基金运作方式。基金运作方式可以采用封闭式、开放式或者其他方式。
Article 5 in a fund contract the mode of operation of the fund shall be specified. There may be closed-end funding, open-end funding and other modes.
如果我们真的想要将有潜力的新药从死亡之谷挽救出来，那就需要学术界，国家卫生研究院和疾病基金会改变他们的运作方式。
If we are serious about rescuing potential new drugs from the valley of death, then academia, the NIH, and disease foundations will have to change how they operate.
开放式基金的“开放式”运作方式，使其要随时面对投资者的申购和赎回，这使开放式基金的流动性风险不容忽视。
The "open operation way" of the open-ended fund, make it face the investors' applying of purchasing and redeeming at any time, this make its liquidity risk cant be ignored.
它与公募基金相比，具有非公开发行、运作方式灵活、设立成本低廉等优点。
Comparing with public funds, private placement funds have many advantages, such as non-public offering, flexible mode of operation, low-establish cost.
它与公募基金相比，具有非公开发行、运作方式灵活、设立成本低廉等优点。
Comparing with public funds, private placement funds have many advantages, such as non-public offering, flexible mode of operation, low-establish cost.
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