The redemption mechanism of open-endfunds determines its particular liquidity risk.
开放式基金的赎回机制决定了其特殊的流动性风险。
2
This paper aims to study the liquidity risk of open-endfunds in China by empirical means on the basis of Chinese practice and foreign successful risk management experience.
We propose some effective strategies of preventing informative risk in open-endfunds based on the empirical investigation of China Stock Market and on the fractal theory in this paper.