查询词典 allocation of funds

The unitized funds are valued based on the market value of the assets of the unitized funds, including any income accrued to the unitized funds, less any mortgages or other liabilities relating to the investments of the unitized funds.

单位基金根据其拥有资产的市值而估值，包括单位基金的应计收益，扣减任何按揭或与单位基金投资有关的负债。

We also find that among the three investment strategies we discussed – the momentum strategy, buying the top or the bottom decile portfolio of funds, adopting the momentum strategy gets a better Sharpe ratio if the emerging market, energy, and mineral funds are not considered. For the portfolio of emerging market, energy, and mineral funds, it is with better performance for the strategies of buying the top or the bottom decile portfolio of funds.

最后，以Sharpe ratio为比较各投资策略在各投资分类的基准，采取动能策略操作基金，在移除新兴、能源、矿业基金之投资组合中有较高的报酬；又以买入形成期表现最好及买入形成期表现最差的基金为操作策略时，在新兴、能源、矿业基金这一分类出现较佳之绩效。

This paper analyses the homogenous tendency of open-end fund at first,pointing out that unperfect development of market and investors' immature investment opinions is the origin of such phenomena. Secondly,having compared the fund sizes and purchase fee rates of 25 open-end funds in China,conclude that there are problems of diseconomy of scale and indistinctive relativity between fees and achievement in Chinese open-end funds. Then this paper introduces benefit and cost function to analyze the problem of lack of motivation and constrain mechanism towards fund managers because of unreasonable fees in China. Thirdly,this paper analyze funds managers' normal hazards by static game model,and then points out fund managers have serious tunneling behaviors in Chinese open-end fund industry. In the end,this paper analyzes the causes of liquidity risk of open-end fun and the particularity of liquidity risk of open-end fund in China,and concludes that liquidity risk in Chinese open-end fund industry is higher through calculating the rates of share change and comparing the portfolio selections of top 20 open-end funds in China.

本文首先分析了我国目前存在的基金产品同质化现象，指出市场发展的不完善以及投资者投资理念的不成熟是同质化的根源所在；其次对比了我国现有的25只开放式基金的规模和申购费率，得出了我国开放式基金存在着规模效应不明显以及基金业绩与费率相关性不强的问题，并引入效益函数和成本函数分析了由于我国开放式基金费率不合理引发的基金管理者激励约束机制缺失的问题；再次，应用静态博弈模型分析了基金管理人面临的道德风险，指出目前我国开放式基金由于监管机制脆弱而存在着较为严重的管理者利益输送行为；最后，分析了开放式基金流动性风险的形成原因以及我国基金市场流动性风险的特殊性，并通过计算目前我国基金资产规模前20位的开放式基金的份额变动率以及比较它们的投资组合结构，得出了目前我国开放式基金流动性风险偏大的结论。

In the third quarter invested a total of 10 money market funds, which includes Jingshun money market funds, money market funds to build the letter, letter, such as money market funds 10, the investment amount 620 million yuan.

第三季度投入了10货币市场基金，包括景顺货币市场基金，货币市场的资金用于建设的信，信如货币市场基金10，其中，投资额6.20亿元。

Demands on bond funds, money market funds, fund of funds and guaranteed funds are increasing

值的50%。市场对债券基金、货币市场基金、基金的基金以及保证

Think , essential points messenger our country education reform of investment and financing systems gets the main body of a book expect effect, to must carry out reformation on budgetary allocations currently in effect system , enlarge investment in higher education by state revenue and expenditure first; Need to expand the higher education funds source channel secondly , encourage an institute to raise funds from many channels , build the fine mechanism ensuring that educational appropriations increases by steadily; Third needs to reform now available cost compensating mechanism, charging perfecting higher education system,Draw the advanced experience that higher education cost compensates abroad, the science sum perfects the tuition fee system using our country especially; Fourth is going to reinforce the operation managing and having an effect to higher education funds supervision , to improve fund sigmatism efficiency , applies the modern finance implement to raise funds and by being innovative.

本文认为，要使我国教育投融资体制改革取得预期成效，首先必须对现行的财政拨款制度进行改革，加大国家财政对高等教育的投入；其次要扩大高等教育经费的来源渠道，鼓励高等院校从多渠道筹措资金，建立保证教育经费稳步增长的良好机制；第三要改革现有的成本补偿机制，完善高等教育的收费制度，借鉴国外高等教育成本补偿的先进经验，使我国的学费制度更科学和完善；第四要加强对高等教育经费的监督管理和有效运作、提高资金的使用效率，并通过创新运用现代金融工具筹措资。

Said that to implement the proactive fiscal policy, governments at all levels must properly carry out their duties to raise funds, by adjusting the expenditure structure, the general expenditure compression, clearing the stock of capital, merging special funds, and concentrate surplus, a new financial and transfer payments by the volume of funds, local bonds issued for a variety of methods to raise funds through multiple channels to increase government input, with the central input to form a concerted effort to strengthen the overall size of government investment.

黄锦生说，落实积极的财政政策，各级政府要切实履行筹集资金的职责，通过调整支出结构，压缩一般性支出，清理存量资金，归并专项资金，集中超收收入、新增财力和转移支付增量资金，争取发行地方债券等多种方式，多渠道筹集资金增加政府投入，与中央投入形成合力，壮大政府性投资总体规模。

By using all of the above actions, the best benefits can finally be perused. For most of construction enterprises that have the funds problem, to clear up the old debt is their first step, so as to making full use of the funds and guarantee the enterprise's strength. The enterprise with powerful strength will have more opportunities to choose the superior projects, which has a comparative advantage on the cost control and a well credit standing on the recycling of the project funds. Then more funds the enterprise will have and the strength is powered at the same time. On this benign circle, the enterprise's benefit is surly guarantied. What's more, it will set up a bright flag in the comparatively confused construction profession market.

对于大多数被资金困扰的建筑施工企业而言，清理旧帐是第1步，用活资金，保证实力；实力有了，就有更多的机会选择质优工程；对于质优工程，成本相对来说比较好控制，而且工程款的回收也有保障；然后就有更多的资金，更好的实力……在企业实现自身良性循环的同时，效益当然有保障，更重要的是给相对比较混乱的建筑施工行业市场树立1面鲜明的旗帜。

By using all of the above actions, the best benefits can finally be perused. For most of construction enterprises that have the funds problem, to clear up the old debt is their first step, so as to making full use of the funds and guarantee the enterprise's strength. The enterprise with powerful strength will have more opportunities to choose the superior projects, which has a comparative advantage on the cost control and a well credit standing on the recycling of the project funds. Then more funds the enterprise will have and the strength is powered at the same time. On this benign circle, the enterprise's benefit is surly guarantied. What's more, it will set up a bright flag in the comparatively confused construction profession market.

对于大多数被资金困扰的建筑施工企业而言，清理旧帐是第一步，用活资金，保证实力；实力有了，就有更多的机会选择质优工程；对于质优工程，成本相对来说比较好控制，而且工程款的回收也有保障；然后就有更多的资金，更好的实力……在企业实现自身良性循环的同时，效益当然有保障，更重要的是给相对比较混乱的建筑施工行业市场树立一面鲜明的旗帜。

Article 384 Any State functionary who, by taking advantage of his position, misappropriates public funds for his own use or for conducting illegal activities, or misappropriates a relatively large amount of public funds for profit-making activities, or misappropriates a relatively large amount of public funds and fails to return it after the lapse of three months, shall be guilty of misappropriation of public funds and shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years.

第三百八十四条国家工作人员利用职务上的便利，挪用公款归个人使用，进行非法活动的，或者挪用公款数额较大、进行营利活动的，或者挪用公款数额较大、超过三个月未还的，是挪用公款罪，处五年以下有期徒刑或者拘役；情节严重的，处五年以上有期徒刑。

Lucie knew everyone who mattered, from the cynical and cunning Talleyrand to t he egotistical Chateaubriand.

露丝很熟悉那些举足轻重的人物，无论是愤世嫉俗、老奸巨猾的塔列兰，还是傲慢自大的夏多布里昂。

This thesis studies sentential final "Le" in Chinese.

本篇论文主要探讨汉语句末「了」的时间解释。