ETF is configured as shown in Listing 5.
ETF的配置如清单5所示。
Some ETF firms try to replicate entire sectors with a few stocks.
一些ETF机构试图用几只股票代替整个行业。
If Treasury yields return to June levels, the ETF could double in price.
如果国债收益率回到6月的水平，ETF的价格可能上升一倍。
State Street's gold ETF has been one of the industry's most popular funds.
道富集团的黄金ETF就是业内最流行的基金。
In Europe synthetic funds make up around half of the ETF sector by assets.
在欧洲ETF行业中大约一半为混合型基金。
In the latest example, Marshall Wace, a hedge fund, is launching its own ETF.
最新的例子就是一个名为MarshallWace的避险基金推出了自己的ETF。
The BIS cites the example of an emerging-markets ETF offered by a firm called dbx-trackers.
国际清算银行引用了一个名为db x-trackers的公司提供的新兴市场ETF作为典例。
The BIS cites the example of an emerging-markets ETF offered by a firm called db x-trackers.
国际清算银行引用了一个名为db x-trackers的公司提供的新兴市场ETF作为典例。
Similarly, in case of authorization failure, you can configure ETF to serve an Access Denied page.
类似地，在授权失败的情况下，可以配置ETF来呈现一个AccessDenied页面。
Listing or trading on the SEHK does not in and of itself guarantee that a liquid market exists for an ETF.
交易所买卖基金虽然在联交所上市或买卖，但这并不保证基金必有流通市场。
Gold has retraced roughly 75% of its 2008 decline while the gold ETF has only retraced about half of its loss.
黄金已大约收复其2008年下跌的75%，而GDX只收复了约一半的损失。
Even where collateral is obtained by an ETF, it is subject to the collateral provider fulfilling its obligations.
交易所买卖基金即使取得抵押品，也需依靠抵押品提供者履行责任。
GLD, the largest American gold ETF, lost 15 per cent of its holdings to net redemptions after the November elections.
GLD是美国最大的黄金etf，该基金在11月美国大选后，持有的黄金库存由于净赎回下降了15%。
The SDR, however, is more like an exchange-traded fund (ETF) than a currency, and is not a viable alternative to the dollar.
但是，特别提款权更像是一种上市交易基金（ETF）而不是一种货币，因此它不是替代美元的一种可行选择。
The largest gold ETF holds more bullion than all the world's central Banks except those of America, France, Germany and Italy.
最大的ETF黄金持有量超过了除美国、法国、德国以及意大利以外的所有国家中央银行的黄金储量。
Therefore, the performance of the securities underlying the ETF as measured by its NAV may outperform or under-perform the index.
因此基金所持证券的表现(以资产净值量度)，可能优于或落后于有关指数。
Were a leveraged ETF to suffer huge losses, the reputation of the entire industry might be affected, particularly among private investors.
要是这种杠杆式ETF遭受了巨大的损失，整个行业的名声都有可能受到影响，特别是在私人投资者之间。
In some sectors, like emerging markets, it is easier for investors to buy and sell an ETF than to trade in the underlying illiquid assets.
在一些行业，就像新兴市场，相比在相关非流动资产中进行交易，投资者更容易购入或售出一支ETF。
For example, if a non-authenticated user attempts to access a protected resource, ETF serves the login page inviting the user to authenticate.
比如，如果一个没有进行身份验证的用户试图访问受保护的资源，ETF将显示一个登录页面要求用户进行身份验证。
"The area used for biofuels is increasing each year," says Nik Bienkowski, head of research at ETF Securities, a commodities trading firm in London.
“用来生产生物燃料的土地每年都在增加，”伦敦的商品交易公司ETF证券首席研究师Nik Bienkowski说。
Then he gives instructions that the money be used to, say, buy a broad stock-market ETF, but only when the price falls 20% or more below a recent level.
然后他会下达指令，要求这笔资金用于购买跟踪整体股市行情的交易所交易基金（ETF）等，但只有在股市较近期某个水平跌落20%或更多的时候才这样做。
Arijit Dutta, an associate director of mutual fund analysis at Morningstar, says investors should research how a particular fund or an ETF is constructed.
晨星公司(Morningstar)共同基金分析业务副主管杜塔(Arijit Dutta)说，投资者应该研究一只具体的基金或是交易所买卖基金是如何构建的。
Arijit Dutta, an associate director of mutual fund analysis at Morningstar, says investors should research how a particular fund or an ETF is constructed.
晨星公司(Morningstar)共同基金分析业务副主管杜塔(Arijit Dutta)说，投资者应该研究一只具体的基金或是交易所买卖基金是如何构建的。
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