尽管7月从股票型基金中撤出的资金达到1987年10月以来的最高水平，但7月基金份额的销售并不像某行业协会此前估计的那么低。
Even though more money was removed out of stock funds in July as in any month since October 1987, sales of fund shares in July were not as low as an industry trade group had previously estimated.
大型基金在建仓时必须有耐心。
一些大型基金的赞助商在推动其它想法。
小型基金同样可以繁荣。
在欧洲ETF行业中大约一半为混合型基金。
In Europe synthetic funds make up around half of the ETF sector by assets.
在由中立的风险，人们应该买指数基金或平衡型基金。
At risk by neutral people should buy index funds or balanced funds.
俄罗斯和伊朗是则稳定型基金，用来对抗能源价格波动性。
Russia and Iran have stabilisation funds, to counter the volatility of energy prices.
每次看你的股票或者股票型基金的时候，你可能会感到痛苦。
Every time you check your stocks or stock mutual funds, you're going to feel the pain.
为了保持“风格的纯粹性”，小股型基金常常只持有少数大公司股票。
To preserve their 'style purity,' small-stock funds rarely own more than a handful of big stocks.
“商业地产不是这次危机的中心，”德国一个大型基金的经理人这样说。
"Commercial real estate was not at the heart of the crisis," says a big fund manager in Germany.
在晨星公司所称的“保守配置型基金”中，每年大约存在0.3%的缺口。
The gap in what Morningstar calls the "Conservative allocation fund" is 0.3% per year.
虽然我不认为这会导致一家大型基金倒闭，但可能导致一些小型基金破产。
I don't think it is going to bring down a big fund but it will probably bring down some small ones.
ABS喜欢将资金配置给新的小型基金，因为它相信，这些基金更渴望成功。
ABS prefers to allocate to new and smaller funds because it believes they are hungrier for success.
相对于契约型基金的固有缺陷而言，公司型基金有契约型基金无可比拟的制度优势。
Being used as comparison, the contractual fund contains inborn defects. The corporate fund contains more system advantages.
大型基金经常努力寻找获得特大收益的方法，因为他们太大了，从而不能灵活地进出市场。
Giant funds often struggle to find ways to produce outsize returns, because they are too big to move nimbly in and out of markets.
往往对股权资产组合规模有个自然限制：如果资产规模过大，那就有点类似昂贵的指数型基金。
Often, there is a natural limit to the size of equity portfolios: if they become too big they start to resemble expensive index funds.
你不必放弃做一个积极型投资者，但要考虑放弃选个股，换一些更简单的选择，如指数型基金。
You don't have to give up being an active investor. But consider ditching individual stocks in favor of easier choices like index funds.
伞型基金是一种适应新兴市场特征的基金结构形式，正渐渐成为国际基金市场上的主流品种。
Umbrella fund is a fund framework which ADAPTS to new market character. It will become main fund in international fund market.
但是，中国今年迄今已批准成立了50只新基金，比去年全年还多，而且其中多数是股票型基金。
Yet some 50 new funds have been approved so far this year, more than were approved in the whole of last year. The vast majority of these are equity-focused.
公司型基金现已成为世界基金组织模式的主流形式，而我国到目前为止全是单一的契约型基金。
The corporate fund has become now the main form of mutual fund in the world. But contractual fund is the only form in our country.
复制型基金完全复制策略下的跟踪误差要比增强型指数基金非完全复制策略下的跟踪误差要小；
The track error of copy fund in complete copy strategy is smaller than that of reinforced fund in incomplete copy strategy.
奇怪的是，每逢这些股票的回报有可能变得非常高的时刻，它们都会被多数小企业型基金强力抛售。
Ironically, at the very moment when their returns are likely to be highest, these stocks get forcibly dumped by most small-company mutual funds.
与之相比，指数型共同基金的平均费用率是78个基点，而主动型基金的费用几乎是ETF的两倍。
By contrast, the average expenses of index-tracking mutual funds were 78 basis points, and actively managed funds had expenses almost twice as high.
库夫尔塞勒表示，洛希尔的传统型基金今年遭遇赎回之痛，尽管7月份以来资金流动已经趋于稳定。
Rothschild's traditional funds have suffered from redemptions this year, although flows have stabilised since July, says Mr Couvrecelle.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
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