GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:31 May 9, 2002 |
Chinese to English translations [PRO] Bus/Financial - Investment / Securities / securities | |||||
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| Selected response from: Donglai Lou (X) China Local time: 23:18 | ||||
Grading comment
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Summary of answers provided | ||||
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4 +2 | Hedge fund or split fund |
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3 +1 | combo fund |
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4 | Hybrid fund |
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combo fund Explanation: combination fund |
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Hedge fund or split fund Explanation: Could be one of the two. Please look at the context and see if one of them will fit in. Hedge fund: (1)a mutual fund that uses hedging practices by purchasing stocks on margin, selling short, or trading in options in an effort to maximize its profits at risk. 即多头和空头兼而有之的基金 (2)any limited partnership of investors that invests in speculative stocks. Split fund: Originated from Great Britain, mutual funds with two classes of stock, income shares and capital shares. All income of both classes is assigned to the income shares, and all the capital gains are assigned to the capital shares. 即包含两类股票的基金,一类为收益股票,往往有固定的红利,有稳定的收入,但是价格波动较小,通常增值不快。一类为增值股票,通常没有红利,仅靠股价增值赚钱。 Source: Jerry M. Rosenberg, Dictionary of Investing, John Wiley & Sons, Inc. 1993 |
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