Accordingly, a rational fund management company will try the best to maximize the management expenses opposite to the benefits of fund holders.

因此理性的基金管理公司必然想方设法的争取管理费用的最大化，这与持有人的利益刚好相悖。

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Establishes the strict disciplinary punishment mechanism, strengthens fund managers legal liability and further consummates the fund holders' law relief measures.

建立严格的惩戒机制，强化基金管理人的法律责任，进一步完善基金持有人的法律救济措施。

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The starting point of this chapter is to consider about a kind of model that can form strong check and balance on the fund manager, to protect the interest of fund holders.

该章的出发点是考虑一种模型设置能够对基金管理人形成强有力的制衡，以保护基金份额持有人的利益。

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Many bond fund holders only think about the yield not the potential for capital loss in bonds funds.

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Mutual fund holders only get that kind of information once every three months.

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However, bond funds carry annual expenses, upfront or back-end commission charges and, if interest rates rise, bond fund holders can lose principal.

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