This is a kind of mutual fund. Mutual funds invest money from many people.

这是一种同基金。同基金用许多人的钱投资。

" Options" ? I'm not a mutual fund, Rex.

选择？Rex，我可不是一个有基金。

Exchange-traded funds (ETFS) and mutual funds automatically track indices of shares and bonds.

交易所交易基金和同基金自动跟踪股票和债券的指数。

The formula I see that is predominant in the world is that every day millions of people get up, and go to work, earn money, pay bills, balance checkbooks, buy some mutual funds, and go back to work.

在我看来，这是一个统治着全世界的模式：每天千百万人起床、上班、挣钱、支付账单、平衡支票簿、购买同基金，然工作。

And those are the biggest advantages for ETFs over mutual funds.

这些是 ETF 基金相对于公募基金的最大优势。

Just buy mutual funds. There's nothing wrong with mutual funds.

以就买同基金吧 肯定不乱子。

Today Boston caters to finance and banking, education, and medicine, with some of the top international mutual fund and insurance companies, world-renowned educational institutes, and state-of-the-art medical centers and schools.

今天波士顿以财政、金融、教育和医学为重点，有一些首屈一指的同基金和保险公司、世界知名的教育机构、最先进的医学中心和学校都在这里。

There's a lot of ways to store your moolah, from the mattress to mutual funds, gold bars or Venmo, but I'm willing to bet good money that your money is just, like, numbers in some computer database.

有很多方法可以存储你的钱，从床垫到同基金、金条或 Venmo（注：小额支付款项的软件），但我敢打赌，你的钱只是一些计算机数据库中的数字。

Much of the island's debt is held by individual American investors. They got possession of it through ownership of shares in mutual funds and other investments.

该的大部分债务由美个人投资者所有，他们通过拥有公基金和其他投资的股份拥有这些债务。

Historically, asset managers have made a bunch of money on active mutual funds, where they can generally charge some of their higher fees.

从历史上看，资产管理公司在主动型同基金上赚得盆满钵满，因为他们通常可以收取一些较高的费用。

RAY DALIO: So it's a structure within which investors can do all different things, like a mutual fund.

在这种结构中，投资者可以做各种不同的事情，比如同基金。

Like mutual funds, ETFs invest in a range of stocks, bonds, and commodities, which helps spread the overall risk.

与同基金一样，交易所交易基金投资于一系列股票、债券和大宗商品，这有助于分散整体风险。

The humble mutual fund came of age in the 1970s after two decades of middle-class prosperity in America.

20世纪70年代，美中产活跃了二十年，不起眼的同基金成熟起来。

Another problem is competing with superstars such as Mr Zhang, who often manage money for giant mutual funds.

另一个难题是与像张坤这样的超级明星们竞争，他们大多为大型同基金管理资金。

One friend said he put money into a mutual fund that held stock in communications companies.

一位朋友说，他把钱投进了一只同基金，该基金持有通信公司的股票。

Who's doing all this lending? Well, there are banks, mutual funds, pension funds and the like.

那谁会提供贷款？银行、同基金、养老基金等等。

The prize is access to a pot of money worth 120trn yuan ($18.8trn), which includes investments made by everyone from the average saver to the ultra-rich in mutual funds, trusts, wealth and other asset-management products.

进入中资产管理行业的好处是能接触到其中120万亿元人民币（18.8万亿美元）的巨额资金，包括从普通储户到超级富豪的各色人等对同基金、信托产品、理财以及其他资产管理产品的投资。

An index ETF is going to allow me to do that at almost any dollar amount, compared to an index mutual fund, which may have a $2,000 minimum, or $1,000 minimum.

指数 ETF 将允许我购买任何数量的份额，相比之下，指数公募基金的最低价格可能是 2000 美元，也可能是 1000 美元。

So Rob Arnott interestingly, is not a traditional ETF manager or even a mutual fund manager.

有趣的是，罗布·阿诺特并不是传统的 ETF 经理，甚至不是同基金经理。

They go out to, you know, big hedge funds, big mutual funds, asset managers, and they ultimately raise the cash from them to finance the debt package.

他们会大型对冲基金、大型同基金、资产管理公司，从这些公司筹集现金来为债务融资。