In other words, if a fund liquidated all profits, the supposed 20% taken out first would actually be larger than 20% of the total realized profit.

换句话说，如果一个基金要偿付所有利润，首先要拿出的20%可能比实现利润总额的20%要多。

youdao

In other words, the fund was not simply tracking the subprime markets: it was doing better, presumably because it was buying highly rated securities.

换言之，这只基金不是在简单地跟踪次级抵押市场：它做的更好，想必是因为该基金购买的是评级较高的证券。

youdao

Yet unlike the victors of the second world war it remains, in the words of Constanze Stelzenmüller of the German Marshall Fund, a "self-shackled republic".

如德国马歇尔基金会的康斯坦斯•斯坦米勒女士所说，德国仍是一个自我克制的国家，这点较其他二战胜利国有所不同。

youdao

In other words, the Iman Fund has underperformed the market for nearly 9 years.

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He's a former chairman of the NASDAQ Stock Exchange, and he was arrested Thursday after confessing that his investment fund was, to use his words, one big lie.

NPR: Client Learns Madoff Returns Worthless

There were, in other words, many reasons why mutual-fund executives turned a blind eye to such practices.

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