fund turnover

简明释义

资金周转

英英释义

例句

1.The fund turnover in the mutual fund was higher than expected, indicating active trading.

这只共同基金的基金周转率高于预期，表明交易活跃。

2.Monitoring the fund turnover can help investors understand the fund manager's trading behavior.

监控基金周转率可以帮助投资者了解基金经理的交易行为。

3.The fund turnover rate for this ETF is relatively low, making it a good choice for long-term investors.

这只ETF的基金周转率相对较低，非常适合长期投资者。

4.A high fund turnover often suggests a more aggressive investment strategy.

高基金周转率通常意味着更激进的投资策略。

5.Investors should be aware of the fund turnover when choosing a fund, as it can affect tax liabilities.

投资者在选择基金时应该注意基金周转率，因为这可能会影响税务责任。

作文

In the world of finance, understanding various terms is crucial for making informed investment decisions. One such term that often comes up in discussions about mutual funds and investment portfolios is fund turnover. The concept of fund turnover refers to the rate at which assets within a mutual fund or investment fund are bought and sold over a specific period, typically measured annually. A high fund turnover indicates that a fund manager is frequently trading securities, while a low turnover suggests a more buy-and-hold strategy. Investors should pay close attention to fund turnover because it can significantly impact the overall performance of the fund. For instance, a high fund turnover can lead to increased transaction costs, which may eat into the returns generated by the fund. Additionally, frequent trading can trigger capital gains taxes, further diminishing an investor's profit. Therefore, understanding the implications of fund turnover is essential for anyone looking to invest in mutual funds.On the other hand, a low fund turnover might suggest a more conservative approach to investing, where the fund manager believes in holding assets for the long term. This strategy can be beneficial as it often results in lower costs and tax liabilities. However, it is important to note that a low fund turnover does not always equate to better performance. Some funds with low turnover may underperform if the underlying investments do not appreciate in value over time.Moreover, the ideal fund turnover rate can vary depending on the type of fund and the investment strategy employed. For example, actively managed funds typically have higher fund turnover rates compared to passive index funds. Active managers aim to outperform the market by frequently adjusting their portfolios based on market conditions. In contrast, passive funds aim to replicate the performance of a specific index and, therefore, have lower turnover rates.Investors should also consider their own investment goals and risk tolerance when evaluating fund turnover. A high turnover fund may be suitable for those seeking quick gains and who are willing to accept higher risks, while conservative investors might prefer a fund with a lower turnover rate that aligns with their long-term investment strategy.In conclusion, fund turnover is a critical metric that provides insight into a fund's trading activity and investment strategy. Understanding this concept allows investors to make more informed choices about where to allocate their resources. Whether one prefers a high or low fund turnover, what matters most is aligning the investment strategy with personal financial goals. By doing so, investors can navigate the complex world of finance more effectively and work towards achieving their desired financial outcomes.

在金融世界中，理解各种术语对于做出明智的投资决策至关重要。其中一个常常出现在关于共同基金和投资组合讨论中的术语是基金周转率。基金周转率的概念指的是在特定时期内（通常按年计算）共同基金或投资基金内资产的买入和卖出速度。高基金周转率表明基金经理频繁交易证券，而低周转率则表明更倾向于持有策略。投资者应该密切关注基金周转率，因为它对基金的整体表现有显著影响。例如，高基金周转率可能导致增加的交易成本，进而侵蚀基金产生的回报。此外，频繁交易可能会引发资本利得税，进一步减少投资者的利润。因此，理解基金周转率的影响对于任何希望投资共同基金的人来说都是必不可少的。另一方面，低基金周转率可能表明一种更保守的投资方式，其中基金经理相信长期持有资产。这种策略可能是有益的，因为它通常会导致较低的成本和税负。然而，需要注意的是，低基金周转率并不总是等同于更好的表现。一些低周转率的基金如果基础投资没有增值，可能会表现不佳。此外，理想的基金周转率可能因基金类型和采用的投资策略而异。例如，主动管理的基金通常比被动指数基金具有更高的基金周转率。主动经理旨在通过根据市场状况频繁调整其投资组合来超越市场。相比之下，被动基金旨在复制特定指数的表现，因此具有较低的周转率。投资者在评估基金周转率时，还应考虑自己的投资目标和风险承受能力。高周转率的基金可能适合那些寻求快速收益并愿意接受更高风险的投资者，而保守的投资者可能更喜欢与其长期投资策略相一致的低周转率基金。总之，基金周转率是一个关键指标，它提供了对基金交易活动和投资策略的洞察。理解这一概念使投资者能够更明智地选择资金分配方向。无论是偏好高还是低的基金周转率，最重要的是将投资策略与个人财务目标对齐。通过这样做，投资者可以更有效地驾驭复杂的金融世界，并努力实现他们期望的财务结果。