摘要
交易所交易基金作为一种新型的开放式指数基金,具有独特的创新优势:对投资者而言,其流动性好、交易成本低;对基金管理公司而言,其“物物交易”的赎回方式有利于提高资金的利用率。随着各国证券市场效率的不断提高,基金业界专家对交易所交易基金的发展给予极大关注,并称之为未来基金业的发展趋势。
As a new open-end index fund,Exchange Trade Fund has special innovative advantages: for the investors, it has perfect liquidity and low transaction cost; for the fund management companies,the 'redemption in kind' will improve the utilization of the capital. With the improvement of the securities market efficiency in every country, the fund specialists are paying great attention to the development of the Exchange Trade Fund and regarding it as the trend of the future fund industry.
出处
《北方经贸》
2003年第9期81-82,共2页
Northern Economy and Trade
