我国开放式股票型基金业绩持续性的实证研究

近年来,越来越多的投资者将会把开放式基金作为其投资产品的一个重要组成部分。而对基金业绩的持续性进行评估是促进基金业健康发展的重要环节,具有非常重要的意义。本文选取了2008年9月前公开发行的122只基金作为样本,采用交叉积率和卡方检验方法对基金的业绩持续性进行实证分析,结果表明:我国开放式股票型基金的业绩一般不具有较为显著的持续性,但指数型基金一般具有较强的持续性。

Demonstrative research of China opening stock fund performance persistent

In recent years,more and more investors will be the open fund as its investment products is an important part of.On the fund performance persistence evaluation is to promote the healthy development of fund industry important segment,has very important significance.This paper selected the 2008 September before the public release 122 funds as samples,using the cross product rate and the chi-square test method of fund performance persistence empirical analysis,the results show that: On average,the performance of open-ended stock fund in China does not have significant persistence while index fund does.