48. 然而，设立并管理机构间集合基金本身也会造成额外的交易费用。因此，如果此类基金过多，却又无法吸引足够的资源以产生充分的规模经济，就会导致效率下降、资源碎片化程度加重。
48. The set-up and administration of inter-agency pooled funds, however, come with additional transaction costs. Consequently, if there are too many such funds and they do not attract sufficient resources to generate adequate economies of scale, they can lead to decreased efficiency and the further fragmentation of resources.