结合开放式基金的运作特点及中国现实证券市场的制度环境 ,对现阶段中国推出开放式基金的风险进行了若干探讨 ,认为在现阶段推出开放式基金应做以下三方面的制度创新 :融资制度创新、金融衍生品创新和基金评级体系的创新。This article probes into several issues of the risk of open up fund developed in China at present by combining its operational features and its institutional environment of security markets,and thinks that three institutional innovations should be made first if the open up fund is developed at present:financing system,financial derivation and fund rating
