open-end助记

Jensen ratio is significantly greater than zero. It shows that the performances of the open-end funds in China are better than benchmark of the market. In the other hand, it reflects that our security market is not high efficient.

Jensen指数结果显著大于零表明我国开放式基金基本取得了超过市场基准的收益，战胜了市场，但也在一定程度上反映了我国证券市场效率还不够高。

Sixth, Based on the conclusions from the fund management sector management and two levels of government regulation, we proposed liquidity risk management measures for open-end funds.

第六，根据研究结论从基金管理公司和政府监管部门两个层面，提出开放式基金流动性风险管理的对策措施。

Furthermore, Based on the classification of open-end fund assets in our country, the part discusses assets clear-out strategy of open-end fund liquidity risk management.

另外，本章在对资本市场资产分类的基础上，探讨了开放式基金流动性风险管理的资产出清策略。