The second part is the analysis of liquidity risk of open-end fund.
第二部分是开放式基金流动性风险分析。
We set up a model so as to explain the discount of the closed-end fund.
建立基金定价模型，能以期对封闭式基金的折价作出合理的府释。
Therefore, it is necessary to rebuild an open-end fund consignment system.
因此，重新构建开放式基金代销系统势在必行。
The discount of closed-end fund always is one of the puzzles in financial area.
封闭式基金折价现象一直是金融领域中的一个难解之谜。
But whether closed-to-opened is the best choice which the closed-end fund expired?
但是“封转开”是否就是封闭式基金到期的最佳选择呢?。
This paper attempts to investigate the potential cause of closed-end fund discounts in China.
本文试图研究中国封闭式基金折价的潜在原因。
It is also this year, the new fund-raising end of the shortest duration.
这也是今年以来，新的筹资最短的时间结束。
It is also this year, the new fund-raising end of the shortest duration.
这也是今年以来，新的筹资最短的时间结束。
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