摘要
本文主要应用国外证券投资基金业绩评价中比较普遍采用的单因素业绩评价模型对我国的证券投资基金业绩进行实证研究。实证研究的结果表明:从整体来看,没有充分的证据表明我国封闭式证券投资基金的业绩超越了基准指数的表现,并对这一现象进行了简要的分析。
The article mainly use evaluate model of mutual funds on Chinese securities market, try to do some empirical research of Chinese closedend funds. The result of the study indicate that, on average, there is no evidence shows Chinese closedend funds exceed the benchmark, in other words, Chinese closedend funds did not overperform the aggregate market. This conclusion is consistent to most western mature market. At last, the author gives some explanations on this phenomenon.
出处
《华东经济管理》
2003年第5期110-112,共3页
East China Economic Management
