The advent of LOFs and ETFs adds new members to the fund family.

上市开放式基金(LOFs)与交易所交易基金(ETFs)的出现打破了长期以来所形成的“封闭式基金”与“开放式基金”的二元结构.

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These commissions make it expensive to invest periodically in gold ETFs.

佣金使得定期投资黄金交易所买卖基金变得成本较高.

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Investors may buy inverse ETFs to hedge market risks.

买进反向ETF可规避市场风险.

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Gold ETFs basically aim to track the daily spot price of gold.

黄金交易所买卖基金主要旨在跟踪黄金每日现货价格.

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