基金

So, this thesis regard the legislation and supervision for privately offered fund as the subject investigated. And based on the investigating of overseas legislation and supervision on privately offered fund, also compared with the domestic reality of privately offered fund development situation,then make a conclusion of the main contents and recapitulative suggestion on Chinese privatelyoffered fund.

因此，本文以中国私募基金立法及监管为研究对象，在研究国外私募基金立法及监管的基础上，结合我国私募基金发展状况，提出了我国私募基金立法及监管的主要内容以及私募基金立法的框架性建议。

Announcement this week issued a new silver fund agricultural Agricole permanent and increased profits and revenue optimization Pu Silver AXA Bond Fund 2, Urawa silver optimize revenue AXA AXA issued Pu Yin second only to the fund, said goodbye to the "single fund" era, the "single-fund" the company currently only remaining farmland, a silver Agricole.

本周宣布发布了一项新的农业基金，东方汇理银常任理事国和增加利润和收入优化浦银安盛债券基金，浦银安盛优化收入浦银安盛发行的第二只基金，告别了"单只基金"的时代，"单基金"，该公司目前仅存的农田，一银汇理。

Through several major regulatory reform upon our Investment Fund Operation Model, Funds Evaluation System, Monetary Fund System and Fund Supervisal, so as to promote the healthy development of China's Securities Investment Funds.

通过对我国投资基金运行模式、基金评价体系、基金组织制度、基金监管等几个大方面的改革来促进中国证券投资基金的健康发展。

One of the factor arousing fund risks of social endowment insurance system is falseness of premium-paid base, so necessary steps should be take to assure its authenticity and avoid decrease recessively of the fund.this paper expounds the situation of fund risks of social security pension system by applying a great deal data . Then taking the current system in Zhejiang province as an example, the paper analyzes whether the current system corresponds to by mainly applying the method of game theory . Based on these detailed analysis. Meanwhile by comparing the typical pension system of other countries, the paper puts forward our target system in the future.

文章以大量数据说明当前基本养老保险基金风险的严重情况，指出基本养老保险缴费基数是导致基金风险的重要原因，然后以浙江省基本养老保险制度为例，阐述缴费基数不实的种种表现，并结合博弈论等方法分析这些因素出现的深层次原因，在此基础上，运用精算学理论揭示基本养老保险缴费基数与基金风险之间的关系，分析缴费基数不实的危害性，重点为缴费基数不实导致基金养老保险基金流失的实证分析，最后总结全文，有针对性地提出提高缴费基数真实性的政策建议。

Take Wasatch Core Growth WGROX and Brazos Microcap BJMIX, for example. Both land in the small-cap value portion of the style box. Yet Wasatch's median market cap at the end of August 2002 was over $1 billion, while Brazos' was just $384 million.

以WGROX基金和BJMIX基金来举例，这两只基金都处在风格箱的小盘价值区，然而WGROX基金在2002年8月末的中位市值超过10亿，而与此同时，BJMIX基金的中位市值只有3.84亿，其间差别甚大。

Reform the goal with development to orient according to the social security system,social security fund is it should is it give consideration to social goal,economic goal,political goal to insist on to raise for,give consideration to the long—term goal and short—term goal, realiz.e combining fairly with efficiency;The social security fund must divide the responsibility border among government,unit,individual to raise rationally,define that govemment and function of the market divide the work;Social security fund is it must pay attention to macroscopical system way choose,is it pay attention to micro technical design and application of field to want too atthe same time to raise for;Social security fund is it should take different raising the way for,raising the way for to different social security project to raise for;Social security fund is it should distinguish regular financial need raising waying,principling of raising the way for etc.different from provisional financial need to raise for.

根据社会保障制度改革与发展的目标定位，社会保障基金筹集应当坚持兼顾社会目标、经济目标和政治目标，兼顾长期目标与短期目标，实现公平与效率相结合；社会保障基金筹集必须合理划分政府和单位、个人之间的责任边界，明确政府与市场的合理职能分工；社会保障基金筹集必须重视宏观制度方式选择，同时也要重视微观领域的技术设计与应用；社会保障基金筹集应针对不同的社会保障项目采取不同筹集方式、筹集途径；社会保障基金筹集应区分经常性资金需要和临时性资金需要采取不同的筹集方式、筹集途径等原则。

This dissertation demonstrates Open-end fund on the following aspects: the origin and development, the characteristics and assorting, the concerned parties and the relationship among them, the supervision, and so on.

本文从开放式基金的起源和发展、开放式基金的特点和分类、开放式基金的当事人及其关系、开放式基金的监管几个方面来论证了开放式基金。

The results show that: 1. In the selected four funds, the theoretical risk of three funds is less than that of the actual portfolio fund, and only one fund's risk is higher than that of the actual portfolio fund; 2. It's hard to determine which combination is better between the single exponential model and Markowits'model;.3. Allowing short-selling is better than disallowing short-selling and the optimal solution can not be found under the condition of disallowing short-selling.

结果发现：(1)4只基金中有3只基金的理论模型的风险小于基金实际组合的风险，1只基金的理论模型的风险大于基金实际组合的风险；(2)单指数模型组合与Markowitz模型组合熟优熟劣难以定论；(3)允许卖空组合优于非允许卖空组合，且非允许卖空使得理论模型有时找不到最优解。

Stabilisation funds, such as Chile's Economic and Social Stabilisation Fund, smooth out the economic cycle by accumulating revenues from commodity exports when prices are high, and disbursing them when prices drop.

稳定基金，例如智利的经济和社会稳定基金。它是在农矿产品价格高的时候通过出口收入积累基金，而在价格下跌时候支出基金，这样使得经济周期更加平滑。当然还有些奇怪的基金。

O silver fund management company was established in June 2006, Cinda O silver-leading growth stock fund is the company's first fund, March 8, 2007 and commenced operation, the main investment in the direction of stocks, the ratio of investment assets of the Fund accounted for 60%~ 95%, is a typical equity fund.

银基金管理公司成立于2006年6月，信达银领先增长股票基金是该公司的第一只基金，2007年3月8日并开始运作，在股票，主要投资方向基金投资资产的比例占60％95％，是典型的股票基金。

On closer examination, though, this is not a vote for multilateralism but just the opposite.

仔细审视后我们发现，这并非是对多边主义投出的赞成票，而是恰好相反。

Uncovering their weak spots, so I can defeat them.

揭露出他们的弱点，这样我就可以打败他们了。