But even with the bond funds, those dollops would cover less than 13% of the estimated cost.

但即便如此，所有这些费用仍不足预计支出的13%。

A lot of investors, particularly in bond funds, kind of feel like they have some sort of right to know exactly what's going to happen next.

很多投资者，特别是债券基金的投资者认为他们拥有某种权利，可以知道接下来会发生什么。

On October 4th the imf sounded the alarm about open-ended bonds funds, which hold $41trn in assets, a quarter of financial assets outside the banking system.

10 月 4 日， 国际货币基金组织对开放式债券基金敲响了警钟，这些基金持有 41 万亿美元的资产， 占银行系统以外金融资产的四分之一。

One of the founders of Pimco, Mr Gross was once known as the Bond King for managing the world's largest bond fund, which had almost $300bn in assets at its peak.

格罗斯是太平洋投资管理公司(Pimco)的创始人之一，曾因管理全球最大的债券基金而被誉为“债券天王”，该基金在巅峰时期拥有近3000亿美元资产。

And I think that, again, 30 years ago, people didn't own bond funds in their portfolios, whereas now I think most people do at least know what a corporate bond is, that you're lending money to a company.

我认为，30 年前人们的投资组合中没有债券基金，而现在我认为大多数人至少知道什么是公司债券，就是把钱借给一家公司。