While most of the closed-end funds in our country are in discounted presently, and the open-end funds have higher deal cost and higher liquidity risk than the closed-end ones.

• 而我国目前上市的封闭式基金大多存在折价现象，而且与封闭式基金相比，开放式基金有着较高的交易成本和较高的流动性风险。