The ideal thing would be, that the mutual fund does these calculations and it puts it all together for you.

最理想的情况是，共同基金做这些计算，然后为你把这些计算汇总起来。

Now, I haven't defined mutual fund yet.

现在我还没有给共同基金下一个定义。

You see mutual fund advertisements everywhere.

而共同基金的广告你却随处可见。

Simplicity - Buying a mutual fund is easy!

简单-购买共同基金是非常容易的！

You can make money from a mutual fund in three ways.

你可以以三种方式从共同基金中赚钱。

A mutual fund is a collection of stocks and bonds.

基金是股票和债券的集合。

You can then sell your mutual fund shares for a profit.

你可以通过抛售你的共同基金股份来获利。

Mutual fund investors waited and waited for a rebound to come.

共同基金投资者们一直等着市场的反弹的到来。

I have one final question, just about the mutual fund industry.

我最后还有个问题，是关于共同基金产业。

The minimum for its diversified-arbitrage mutual fund is $5,000.

AQR最小的多元套利共同基金为5000美元。

How is Bruce Berkowitz making your mutual fund managers look bad?

布鲁斯•伯考维茨(Bruce Berkowitz)如何令你的共同基金经理们看起来很差劲？

You can, check out the details in the Mutual Fund Basics tutorial.

你可以在基金基础教程中查阅更多详细信息。

Moreover, most mutual fund investors weren't selling out along the way.

此外，大多数共同基金投资者没有一路卖出。

Much of it lies in how mutual fund managers are compensated and judged.

很大程度上依赖于共同基金经理的补偿和判断。

Unlike units in a conventional mutual fund, ETFs can be traded all day long.

不像传统的共同基金单位，ETF可以整日交易。

Most importantly, the fees are far less than the cost of the average mutual fund.

最重要的是，费用比平均的基金要少。

In April, Permal Group, a fund of hedge funds, launched a tactical-allocation mutual fund.

4月，对冲基金公司佩莫尔集团发行策略性分配的共同基金。

In June, Bull Path Capital Management converted a long-short equity hedge fund into a mutual fund.

六月，牛线资产管理公司将长短仓对冲基金转为共同基金。

In short, investors often force their mutual fund managers to buy expensive stocks and sell cheap ones.

短期来看，事实上，投资者经常强迫他们的共同基金经理买入高价股票而低价卖出。

Setting up a registered and approved mutual fund vehicle in the EU, however, would be perfectly acceptable.

然而，在欧盟地区设立一个注册并经核准的共同基金机构是完全可行的。

While mutual fund expense ratios and trading commissions may not seem like much, they add up over time.

一直以来，互惠基金的费用比率和交易现金总计也不多。

Diversification - By owning shares in a mutual fund instead of owning individual stocks or bonds, your risk is spread out.

多元化-拥有共同基金股份比起单独拥有股票或者债券来说，你的风险被分散了。

As co-chief investment officer, he manages PIMCO Total Return, the world’s largest mutual fund with $234 billion of assets.

作为联席执行官，他管理的是PIMCO完全回报（Total Return）部分，这是世界上最大的共同基金，拥有资产2340亿美元。

You put the money into an account, like a stock mutual fund, that gives you 10% per year interest on average and presto.

你把钱存入帐户，好比是一个开放式股票基金，每年平均给你10%的现利。

The 1.3% increase in fourth-quarter net worth included gains in corporate equities, household real estate, and mutual fund shares.

第四季度家庭净值1.3%的增长中包括企业股票、家庭房地产和共同基金持股的收益。

The mutual fund he manages, Jubak Global Equity fund (JUBAX), may or may not now own positions in any stock mentioned in this post.

他管理的共同基金祖巴克环球股票基金可能或没有进入文中提及的股票。