another headwind is the 0. 45% fee paid to cyb's manager.

1、

the reason: cyb doesn't invest in the chinese currency itself, but in forward contracts with various maturities.

原因在于CYB本身并不投资人民币，只投资各种期限的远期合约。

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2、

cyb's total assets rose to $760 million at the end of may from $102 million at the same point in 2009, according to morningstar.

据晨星数据，5月底CYB总资产从2009年同期的1.02亿美元增至7.60亿美元。

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3、

what factors have influenced your career choice? why do you choose cyb as your career starting point? what in cyb attracts you most?

是什么因素影响了你的职业选择？你为什么会选择中青文作为职业的起点？在中青文里什么最吸引你？

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4、

admittedly, cyb should capture any sudden rise in the yuan.

诚然，CYB应当能够把握人民币骤然升值带来的机遇。

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5、

such a condition, known as contango, would erode the etf's returns, because cyb invests exclusively in one-month forwards.

这种期货溢价的状况可能会损害CYB的回报，因为这只ETF只投资1个月远期产品。

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6、

sole distributorship and wholesale right for private publication enterprises

民营报刊企业可获总发行权和批发权

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7、

whereas party a and party b have signed the distributorship agreement (hereinafter referred to as the agreement)

鉴于甲、乙双方已于协议）；年月日签订了一份分销协议（以下简称分销

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8、

you simply direct people to 1 of 2 websites to join your distributorship as a member or customer.

您只需直接人们12网站加入您的分销作为一个会员或客户。

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9、

i offer you the sole distributorship of malco (details attached) at a basic rate of 12 percent commission.

本人提议你成为马尔科唯一的经销商拥有百分之十二的回扣（详情请见附件）。

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10、

if you entrust us with an exclusive distributorship, we will do our best to promote your products.

如若授予我方独家代理权，我方将全力推销贵公司产品。

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11、

i think the annual sale of300 pianos for a sole distributorship in canada is rather conservative.

我认为对加拿大整个地区的独家经销来说，年销售量三百架钢琴未免太保守了。

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12、

we are most delighted to be given the distributorship in greece.

我们很高兴地被授予在希腊的代理权。

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13、

the two companies are discussing the details of the distributorship agreement.

两家公司正在讨论代理权合约的细节。

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14、

but i think the annual sale of 300 pianos for a sole distributorship in canada is rather too small.

李；不过，我认为对加拿大整个地区的独家代理来说，年销售量300架钢琴未免太少了。

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15、

the obligations in this article shall survive the expiration or termination of this agreement or the distributorship .

该义务将在本合约期满、终止之后，或在经销期限以外仍保持有效。

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16、

but i think the annual sale of 300 pianos for a sole distributorship in canada is rather conservative.

不过我认为对加拿大的独家经销来说，年销售量300架钢琴未免太过保守了。

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17、

the non-exclusive distributorship rights accorded to the distributor apply to all potential customers resident in the territory.

代理经销商的非独家经销权仅适用于销售领域内的所有潜在用户。

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18、

columbia began as a family owned hat distributorship in 1938, and has grown into one of the world's largest outerwear brands.

哥伦比亚于1938年从一个家庭作坊的帽子销售商发家，现在已经成为世界上最大的户外品牌。

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19、

the company obtained the turkey distributorship of america's largest shoe store chain nine west.

年公司获得了九西土耳其经销美国最大的鞋类连锁店。

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20、

in witness whereof, the parties have caused this exclusive distributorship agreement to be signed on the date and place herein indicated.

以昭信守双方已造成这一独家经销协议的签署日期和地点在此表示。

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