2010年8月31日 星期二

財經常用語01

編號單字中譯說明Wikipedia 或 Investopedia
001open-end Fund開放式(型)基金

開放式基金(Open-end Fund),顧名思義是指基金發行的單位數目並不固定,沒有到期期限,買賣價格是以基金的每股淨資產值(NAV)計算,認購或贖回時需要收取費用。

An open-end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts with a closed-end fund, which typically issues all the shares it will issue at the outset, with such shares usually being tradeable between investors thereafter.
http://en.wikipedia.org/wiki/Open-end_fund
002Commingled Funds混合基金集中投資者資金的資產,由資產管理公司,來組織、管理這個基金,並獲取管理費用。

A fund consisting of assets from several accounts that are blended together. Investors in commingled fund investments benefit from economies of scale, which allow for lower trading costs per dollar of investment, diversification and professional money management.

Sometimes called a "pooled fund."

http://www.investopedia.com/terms/c/commingledfund.asp

003Private Placement私募將新發行證券直接銷售給,沒有經過公開發售程序。

The sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market.

http://www.investopedia.com/terms/p/privateplacement.asp


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