因?yàn)?/c>美國(guó)的資金在流出，其中一部分就流進(jìn)了原油交易所基金。
In products labelled as ETFs, at least 80% of the portfolio must comprise securities matching the fund's name.
正如ETFs一樣產(chǎn)品貼上標(biāo)簽，至少80%的資產(chǎn)組合必須包含證券以此來(lái)契合基金的名稱(chēng)。
But if markets keep rising, ETFs may be to the next generation of day-traders what dotcom stocks were in the late 1990s.
但是如果市場(chǎng)持續(xù)上漲，ETF很可能成為類(lèi)似九十年代網(wǎng)絡(luò)股的下一個(gè)日內(nèi)交易品種。
Portfolios are rebalanced throughout the day so ETFs trade at or close to the net value of their assets, unlike many mutual funds.
不同于共同基金，投資組合通過(guò)ETF得到了再次組合，也更接近于他們的資產(chǎn)凈值。
"One of the challenges in Asian markets is a lack of familiarity with ETFs, so investor education is the key, " Mr Good says.
高磊表示：“亞洲市場(chǎng)的一個(gè)挑戰(zhàn)是對(duì)ETF不熟悉，所以投資者教育是關(guān)鍵。”
If active ETFs can be made to work, and receive the SEC's blessing, they could take the business to a new level.
如果活躍ETF能夠解決這個(gè)問(wèn)題，并且得到美國(guó)證監(jiān)會(huì)的批準(zhǔn)，他們就能開(kāi)創(chuàng)一個(gè)全新的局面。
One of the goals of the SFC is to make all ETFs more comparable with each other, regardless of their underlying assets.
香港證監(jiān)會(huì)的一個(gè)目標(biāo)，是提高所有ETF之間的可比性，而不管它們的標(biāo)的資產(chǎn)是什么。
Some of the biggest ETF traders are firms that try to profit from discrepancies between prices of ETFs and the stocks that they track.
ETF的最大交易商中，有一些公司會(huì)試圖從ETF與其所追蹤股票的價(jià)格差中獲利。
Another problem lies in the existence of leveraged ETFs, where losses as well as profits can be magnified.
還有一個(gè)問(wèn)題來(lái)源于杠桿ETFs的存在，它們的損失或者收益將被放大。
Investors can buy the shares of producers, but underlying commodity prices often perform better, so ETFs should be considered, if available.
投資者可以買(mǎi)入石墨礦業(yè)公司的股票，但石墨的價(jià)格表現(xiàn)往往優(yōu)于石墨股，所以如果可能的話，可以考慮買(mǎi)入相關(guān)ETF。
The complex inner workings of these funds, known as leveraged ETFs, leads them to buy when markets are up and sell when they're down.
這些被稱(chēng)作杠桿ETF基金（leveragedETFs）復(fù)雜的內(nèi)部運(yùn)作機(jī)制導(dǎo)致它們在市場(chǎng)上漲時(shí)買(mǎi)入股票，在市場(chǎng)下跌時(shí)賣(mài)出股票。
That surpassed purchases made by ETFs and surprised analysts, who until now had no clear insight into the size of China's buying.
這超過(guò)了交易所交易基金的購(gòu)買(mǎi)規(guī)模，令分析師感到意外，他們直到現(xiàn)在都對(duì)中國(guó)的購(gòu)買(mǎi)規(guī)模沒(méi)有一個(gè)清晰的認(rèn)識(shí)。
Institutional investors report using ETFs to make tactical adjustments, equities cash and for transitions.
機(jī)構(gòu)投資者報(bào)告稱(chēng)，它們使用ETF是為了進(jìn)行戰(zhàn)術(shù)調(diào)整、將現(xiàn)金股本化以及從事交易。
Many advisers recommend against oil ETFs, which suffer from a market malady known as 'contango. '
許多投資顧問(wèn)都不推薦投資石油類(lèi)ETF，因?yàn)?/c>它們會(huì)受到“期貨溢價(jià)”這一市場(chǎng)弊病的影響。
After considerable debate, they decided to cancel trades in stocks and ETFs that had fallen or risen 60% or more.
在經(jīng)過(guò)長(zhǎng)時(shí)間爭(zhēng)論后，他們決定將價(jià)格漲跌達(dá)到或超過(guò)60%的股票和ETF交易取消。
He adds that the growth of ETFs has been a key driver in this process.
他補(bǔ)充稱(chēng)，ETF的發(fā)展是這一過(guò)程中的關(guān)鍵驅(qū)動(dòng)力。
After all, "exotic" ETFs are still a small proportion of the overall market, and the instrument is not as inherently risky as, say, CDOs.
畢竟，“標(biāo)新立異”的ETF仍只占據(jù)整體市場(chǎng)的一小部分，而且這一工具本身也沒(méi)有CDO等那么大的風(fēng)險(xiǎn)。
Just because these ETFs have experienced dramatic declines does not mean that they are bound for a rally.
然而，這三種基金的大幅下降并不意味著它們就一定要回升。
The problem is not on the same scale: synthetic ETFs and ETNs are a small proportion of the industry.
問(wèn)題嚴(yán)重程度有所不同：綜合型ETFs和ETNs是該行業(yè)的一小部分。
This could turn out to be another special quality of ETFs.
做空肯定需要一種特殊的ETF產(chǎn)品做配合。
The simple lesson in this exercise is to look at the portfolios of your mutual funds and ETFs.
此次我得到的教訓(xùn)很簡(jiǎn)單：查看你的共同基金和ETF的投資組合。
ETFs are securities that resemble mutual funds but trade like stocks, and are commonly designed to replicate the movement of an index.
ETF是一種類(lèi)似共同基金但卻像股票那樣進(jìn)行交易的證券，通常旨在復(fù)制某種指數(shù)的走勢(shì)。
However, in a sign of returning confidence in global markets, investors have returned to ETFs en masse.
不過(guò)，投資者已大規(guī)模返回ETF，表明全球市場(chǎng)信心正在回升。
A linked problem is the tendency for ETFs to be the main way in which investors seek exposure to some asset classes, notably gold.
由此牽出的問(wèn)題是，ETFs會(huì)成為投資者尋求曝露一些資產(chǎn)類(lèi)別的主要方式的趨勢(shì)，特別是黃金。
The surge of interest in gold ETFs has been encouraged by (and may have in turn contributed to) a rise in the bullion price.
金塊價(jià)格的上升也使人們對(duì)黃金交易所買(mǎi)賣(mài)基金興趣激增（或者反這亦然）。
Worse still, investment banks may have an incentive to establish ETNs and synthetic ETFs as a cheap way of financing their assets.
更糟的是，這還可能誘發(fā)投行設(shè)立ETNs和綜合型ETFs以達(dá)到低成本融資的目的。
I trade ETFs but with only a very small portion of my personal wealth.
我也買(mǎi)賣(mài)交易所交易基金，不過(guò)只占我個(gè)人資產(chǎn)的很小一部分。
One of the biggest changes brought by ETFs has been the promotion of "fundamental indices" .
ETF帶來(lái)的最大變化之一，是“基本面指數(shù)”的推廣。
Due to their liquidity and trading flexibility, ETFs are quickly becoming the favorite vehicles for building investments in precious metals.
由于其流動(dòng)性和交易的靈活性，上市交易基金（ETF）正迅速成為深受青睞的投資貴金屬的工具。
However, the growing popularity of what are called synthetic ETFs is causing particular worries.
但日益受到歡迎的合成型ETF，目前特別引起擔(dān)憂。
Second semester: investing -- stocks, bonds, foreign currencies, mutual funds, ETFs, precious metals, real estate.
第二學(xué)期：投資——股票、債券、外匯、共同基金、交易所交易基金（ETFs），貴金屬、不動(dòng)產(chǎn)。
英 
