〔紧急求助〕哪位好心的英语牛人，能把我的中文论文摘要翻译成英文，十分着急，万分感谢

Question

论文马上就要定稿了，我快急死了，请英语好的帮我把中文摘要翻译成英文，万分感谢

中文摘要

随着股权分置改革的顺利展开，中国股市在沉寂多年后启动了一波前所未有的大牛市行情，居民投资热情持续高涨，证券市场规模不断扩大，随着牛市格局不断向纵深发展，各类型投资者争相入市，而以机构投资者为代表的中国基金业也取得了跨越式的大发展，不论在基金规模和数量上都出现了质的飞跃，至2007年末期中国证券投资基金市场已成立364只各类型证券投资基金，基金净值达到3.275万亿元，为2006年底的3.82倍。

在短短两年半的时间中，中国股市从998点上涨到6124点的高度，涨幅超过五倍，在外部投资环境不断向好的背景下，证券投资基金依靠先进的投资理念，专业化的管理团队，完善的风险控制措施，给投资者带来了丰厚的利润，取得了令人满意的业绩回报，与此同时，证券投资基金绩效研究成为各方关注的焦点，证券投资基金的业绩差异性，与证券市场的相互依存关系，业绩波动性特征都是投资者所关注的，本文将主要围绕投资基金的评级和绩效进行分析和研究。

第一部分：对证券投资基金进行概述：主要阐述什么是证券投资基金，证券投资基金所具有的特点，投资基金的分类和不同类型投资基金的比较。

第二部分：我国投资基金市场回顾与前景展望：对2007年我国投资基金市场进行回顾，并对2008年我国投资基金市场前景进行展望。

第三部分：证券投资基金绩效评估：任何基金评级的基础是基金分类，对国内外基金评级机构和评级方法进行介绍，重点介绍晨星基金评级，引用最新晨星公司对我国证券投资基金的评级数据加以说明。

第四部分：用统计数据对证券投资基金绩效进行实证分析，并最终得出三方面结论：第一，基金业绩表现不具有长期稳定性特征，在某一时段里业绩出色的基金，未必在另一时段也同样出色。第二，证券投资基金业绩波动与所投资市场存在高度正相关性。第三，在上升行情中除少数基金外绝大多数基金难以跑赢同期指数获得超额收益，但在下跌行情中基金可以取得超过指数的收益。

Answer 1

Chinese Summary

With the split share structure reform, the smooth start in China's stock market after many years of silence started the wave of unprecedented bull market prices, investment enthusiasm of residents to continue to grow, stock markets have been expanding, with the pattern of the bull market continued to develop in depth, all types of investment The market to compete, and to institutional investors as the representative of the Chinese fund industry has made great development in leaps and bounds, both in size and number of funds on both a qualitative leap in late 2007 to securities investment fund market in China has The establishment of 364 different types of securities investment funds, the net value of the Fund reached 3.275 trillion yuan, 3.82 times the end of 2006.

In a short period of time in two and a half years, from China's stock market rose 998 points to 6124 at the height, or more than five-fold in the external investment environment to keep good background, securities investment funds rely on advanced investment concepts, professional Management team, a sound risk control measures, to bring investors a handsome profit and achieved satisfactory results return, at the same time, the Securities Investment Fund Performance of the parties become the focus of attention, securities investment funds, the performance difference , And the interdependence of the securities market, the volatility of performance characteristics are of concern to investors, the paper will mainly focus on investment funds and rating performance analysis and research.

Part I: the Securities Investment Fund. Overview: What is the main on securities investment funds, securities investment funds which have the characteristics of investment funds and the classification of different types of investment funds comparison.

Part Two: China's Investment Fund Market Review and Prospects: The 2007 China's investment fund market were reviewed, and in 2008 China's investment fund market prospects outlook.

Part III: Securities Investment Fund Performance Evaluation: Any fund rating is based on the classification of domestic and foreign fund rating agencies and rating methods, focus on Morningstar fund rating company Morningstar cited as China's securities investment funds on the ratings data to be Note.

Part IV: The statistical data on the performance of securities investment funds empirical analysis and, ultimately, come to three conclusions: first, the fund performance does not have long-term stability characteristics, in a certain time, the outstanding performance of the Fund, may not be in another An equally good time. Secondly, the performance of securities investment funds by the investment market fluctuations and there is a high degree of correlation. Thirdly, the rise in prices in addition to a small number of funds, the vast majority of index funds to outperform the same period was over-income, but in dropped prices of index funds can be made over the proceeds.