| In recent years, to invest mutual fund has become one of the most popular choices for the Chinese investors. Mutual fund developed rapidly in China. But the superficial prosperity of the mutual fund cannot conceal the internal self-contradict of its development. Hence, the study on the conditions and environment of the mutual fund, such as security market ,is very necessary. Under the background, the thesis putting angle of view on Mutual fund and Security market' system concert.In the theory study part, we indicated: Mutual fund and Security market' system have good concerted, Mutual fund and Security market' system concert acquitted the communion of capital and information. The appearance of mutual fund is the result ofthe changing from the old shared beliefs of investment to the new one, and the derivation from financial intermedium in the condition of market failure.As financial intermedium, mutual fund and market are not only competing with each other, but also commensal.Mutual fund with the characteristic of muti-investment behavior in theory may not affect the stability of the security market, because its effect on the security market is conditionalIn the demonstration part, through selecting the specific exponents of Shanghai and Shenzhen Security Market, all weekly yields of mutual fund in specific periods, etc., through variable's Pearson analyses and regress analyses, the positive analysis of the coordination of Chinese mutual fund and Security Market Demonstrates that this coordination is not ideal generally. The Positive analysis of the coordination of Chinese mutual fund and Security Market demonstrates that this coordination is not ideal generally. On condition that the market characteristic ofmutual fund is made clear, mutual fund can develop conceitedly and healthily by developing security market, increasing market efficiency, providing more fund, improving fund management, standardizing relative system of privately offered funds and so on. And optimizin the market environment to develop mutual fund.On condition that the market characteristic ofmutual fund is made clear, mutual fund can develop concertedly and healthily by developing security market, increasing market efficiency, providing more fund, imProving fund management, standardizing relative system of privately offered funds and is on, and optimizing the market environment to develop mutual fund. |