maximum tracking error

简明释义

最大跟踪误差

英英释义

例句

1.The fund manager aims to keep the maximum tracking error 最大跟踪误差 below 2% to ensure performance consistency.

基金经理旨在将最大跟踪误差 maximum tracking error 控制在2%以下，以确保业绩一致性。

2.Investors should be aware of the maximum tracking error 最大跟踪误差 when evaluating index funds.

投资者在评估指数基金时应注意最大跟踪误差 maximum tracking error。

3.Our analysis shows that the maximum tracking error 最大跟踪误差 has increased due to market volatility.

我们的分析表明，由于市场波动，最大跟踪误差 maximum tracking error 已经增加。

4.A lower maximum tracking error 最大跟踪误差 indicates that the fund is closely following its benchmark.

较低的最大跟踪误差 maximum tracking error 表明该基金与基准的跟踪非常紧密。

5.The maximum tracking error 最大跟踪误差 for this ETF is set at 1.5%, which is competitive in the market.

该ETF的最大跟踪误差 maximum tracking error 设置为1.5%，在市场上具有竞争力。

作文

In the world of finance and investment, the term maximum tracking error refers to the greatest difference between the performance of an investment portfolio and the performance of a benchmark index. This concept is crucial for investors who want to understand how closely their investments mirror the market or a specific index. A low maximum tracking error indicates that the portfolio is closely following its benchmark, while a high maximum tracking error suggests significant deviations from the benchmark's performance. Understanding maximum tracking error is essential for various types of investors, particularly those who invest in index funds or exchange-traded funds (ETFs). These investment vehicles aim to replicate the performance of a specific index, such as the S&P 500. Investors often choose these funds because they offer diversification and lower fees compared to actively managed funds. However, it is important for investors to be aware of the maximum tracking error, as it provides insight into how well the fund is achieving its objective. For instance, if an investor holds an ETF that tracks the S&P 500 and notices a maximum tracking error of 2%, this means that at any given time, the ETF's return could differ from the S&P 500's return by up to 2%. While this may seem acceptable for some investors, others may prefer a fund with a lower tracking error, as it indicates a more precise tracking of the index. The maximum tracking error can be influenced by several factors, including management fees, trading costs, and the timing of trades. For example, if an ETF has high management fees, it may struggle to keep pace with its benchmark, leading to a higher maximum tracking error. Additionally, if the fund manager makes trades that do not align perfectly with the index, this can also contribute to tracking error. Investors should also consider the context of the maximum tracking error when evaluating a fund. A fund that has a tracking error of 3% during a stable market may be seen differently than one with the same tracking error during a volatile market. In turbulent times, even small deviations from a benchmark can be magnified, leading to greater concerns about the fund's performance. Moreover, understanding maximum tracking error can help investors make informed decisions about risk. A fund with a high tracking error may present more risk, as it suggests that the fund's performance is less predictable compared to its benchmark. Conversely, a low tracking error might indicate a more stable investment, but it could also mean that the fund is not taking advantage of potential opportunities for higher returns. In conclusion, the concept of maximum tracking error is vital for investors looking to gauge how well their portfolios are performing relative to a benchmark. By understanding this metric, investors can make better-informed decisions regarding their investment strategies and risk tolerance. Whether investing in index funds, ETFs, or other investment vehicles, being aware of the maximum tracking error can lead to more effective portfolio management and ultimately, better financial outcomes.

在金融和投资的世界中，术语最大跟踪误差指的是投资组合的表现与基准指数的表现之间的最大差异。这个概念对于希望了解其投资与市场或特定指数的紧密程度的投资者至关重要。低最大跟踪误差表明投资组合紧密跟随其基准，而高最大跟踪误差则暗示与基准表现存在显著偏差。理解最大跟踪误差对于各种类型的投资者都很重要，特别是那些投资于指数基金或交易所交易基金（ETF）的人。这些投资工具旨在复制特定指数的表现，例如标准普尔500指数。投资者通常选择这些基金，因为它们提供多样化和相较于主动管理基金更低的费用。然而，投资者必须意识到最大跟踪误差，因为它提供了有关基金实现目标的洞察。例如，如果投资者持有一只跟踪标准普尔500指数的ETF，并注意到其最大跟踪误差为2%，这意味着在任何给定时刻，该ETF的回报可能与标准普尔500的回报相差最多2%。虽然这对一些投资者来说似乎可以接受，但其他人可能更喜欢低跟踪误差的基金，因为这表明该基金更精确地跟踪该指数。最大跟踪误差可能受到多个因素的影响，包括管理费用、交易成本和交易时机。例如，如果一只ETF的管理费用高，它可能难以跟上其基准，从而导致更高的最大跟踪误差。此外，如果基金经理进行的交易与指数不完全一致，这也可能导致跟踪误差。投资者在评估基金时还应考虑最大跟踪误差的背景。在稳定市场中，跟踪误差为3%的基金可能与在波动市场中具有相同跟踪误差的基金被视为不同。在动荡时期，即使是小的基准偏差也可能被放大，从而引发对基金表现的更大担忧。此外，理解最大跟踪误差可以帮助投资者做出关于风险的明智决策。跟踪误差高的基金可能呈现出更多风险，因为这表明该基金的表现相对于基准的可预测性较低。相反，低跟踪误差可能表明一种更稳定的投资，但这也可能意味着该基金未能利用潜在的更高回报机会。总之，最大跟踪误差的概念对于希望评估其投资组合相对于基准表现的投资者至关重要。通过理解这一指标，投资者可以在投资策略和风险承受能力方面做出更好的决策。无论是投资于指数基金、ETF还是其他投资工具，了解最大跟踪误差都可以导致更有效的投资组合管理，最终实现更好的财务结果。