小盘股基金:海外运作经验及其借鉴  

Overseas Experience of Managing Small-size Investment Fund

作　　者：李刚[1] 

机构地区：[1]深圳证券交易所博士后工作站

出　　处：《证券市场导报》2005年第4期21-26,共6页Securities Market Herald

摘　　要：小盘股基金是海外基金行业一支活跃的力量,在追求高收益的竞争中,形成了其独到的运作经验。本文对海外小盘股基金的收益、资产规模、持股集中度、换手率、行业组合、选股特征、信息披露等基金运作的全部过程进行了研究。在我国刚刚推出了中小企业板之际,发展我国的小盘股基金,对促进多层次资本市场的建立和发展具有现实意义。Small-size investment fund is a vital force in overseasfund industry. Unique experience is developed in seeking for highreturn. This paper is a full-scale study of small-size fund withrespect to its profitability, asset scale, equity concentration,turnover ratio, industry portfolio, stock pick and disclosure. At thetakeoff of the SME Board, cultivation of small-size investmentfund has immediate significance to facilitate construction of amulti-layer capital market.

关 键 词：运作经验 小盘股 海外 多层次资本市场 借鉴 中小企业板 基金行业 资产规模 行业组合 基金运作 信息披露 高收益 集中度 换手率 持股 选股 

分 类 号：F426.84[经济管理—产业经济] F832.51