Real Example Analysis Of The Open-Ended Fund Operation Conditions Of Our Country

With the fast development of the economy of our country, the personal deposits of our country have already topped the high point of 10,000 billion yuan, the ability to bear of fund risk is bad, expect to be able to have a kind of lower risk, income high investment tool let investment their relatively, obviously, this of our country security investment fund, especially the extensive development of the open-ended fund has offered the sufficient capital source. But prerequisite, security investment fund can bring for their risk relatively lower really, investment repayment than the national debt, height of bank account of the income. This text is after the open-ended fund has gone through the winding development of two years, performance of open-ended fund carry on real example analyse , examine if it manage money matters, evade function of risk to make the investment to play to 2003.This dissertation is divided into five major parts according to the need for studying besides introduction.The part of the introduction introduces the open development course both at home and abroad mainly, and then point out research background , research approach and train of thought of this text.First part Namely chapter one, on the basis of characteristic of the open-ended fund of the introduction, have classified the open-ended fund that nowadays the forest and forest are always total, carry on concrete contrast analyse with close-ended fund , then point out the influence that the open-ended fund brings to security market of our country.Second part Is it establish open-ended fund performance assess principle of index to recommend at first, then the investment securities combinatorial theory classical to the west has explained, pointed out their application situations in practice briefly , combine risk , income , mobility situation of existence of open- ended fund find out the rational assessment index and probe into their application situations in China.The third part Choose the sample and sample one according to the research need and actual conditions of China. Use the western theory recommended above and assess the index to analyse the real example to the operation conditions of the open-ended fund of our country at present, among them appraise to the income , risk separately , then analyse theincome situation after the risk is adjusted, and draw the conclusion.The fourth part Analyse through above-mentioned real examples , have found out the open-ended fund performance and external factor and inside factor operated of our country of influencing . It is of low quality that there are listed companies in the external factor, investor's structure is unreasonable, but investment channels too little, supervise to do one's best etc.; Inside factor have fund Company lack normal company administration structure, outstanding managerial talent too little, is it is it spend getting high to concentrate on to hold share.The fifth part Is it protect the healthy development of open-ended fund of our country to the fourth influence factor of part tactics gone on to need change to put forward.