基于风格分析的基金业绩评价  

Evaluating the performance of the mutual funds based on the style analysis

作　　者：苏志鹏[1] 杨辉耀[1] 

机构地区：[1]广州大学金融证券研究所,广东广州510405

出　　处：《广州大学学报（自然科学版）》2005年第3期230-233,共4页Journal of Guangzhou University:Natural Science Edition

摘　　要：风格分析是基金业绩评价的重要组成部分.通过提出一个新的风格分类方法和改进原有的基金业绩评价模型,研究了国内20个基金的风格和业绩之间的关系.研究结果表明:小市值类基金的业绩最好,投资小市值成长类股票是最优的投资策略.Style analysis is a very important component of evaluating performance of mutual funds. Through presenting a new method of style analysis and improving the previous model of evaluating performance of funds in this paper, we study the relationship between style and performance of 20 funds in our country. The research result shows that the best performance is small size funds and the optimal investment strategy is investing the small size-growth stocks.

关 键 词：业绩评价 基金 风格 评价模型 分类方法 组成部分 研究结果 投资策略 股票 

分 类 号：F275[经济管理—企业管理] F832.5[经济管理—国民经济]