But beta can be obtained at very low cost via index-tracking funds. Why pay hedge-fund prices?

但是贝塔可以通过指数追踪基金以很低的成本取得，那为什么还要付给对冲基金如此高昂的价格呢？

youdao

Technically speaking, the report does not deal with the influence of speculators on commodity markets but with the role of index-tracking funds.

从技术上来说，此份报告并没有对投机者在商品市场上的影响进行分析，而是对指数跟踪资金在供应需要中起的作用进行分析。

youdao

But as fast as the assets of ETFs and index-tracking mutual funds are growing, another section of the industry seems to be flourishing even faster.

但是随着ETFs和指数追踪共同基金的资产不断壮大，这个行业的另一部分似乎也开始以更快的速度迅速成长。

youdao

Not only was he saving his clients money, the index-tracking ETFs performed better as well, he said.

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These include low cost index-tracking choices for those who do not think that they can pick a better-than-average investment manager.

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Traditional mutual funds tend to be actively managed, while ETFs adhere to a passive index-tracking strategy, and therefore have lower expense ratios.

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