The Study On The Investment Philosophy Of Chinese Security Fund And The Volatility Of Its Holding Stocks

Security investment fund has achieved comparatively great development in China since 90's of 20th century. As an institutional investor, security investment fund plays a significant role in security market. Therefore, the study of investment philosophy and conducts will provide retail investors as well as regulation institution some useful instructions. This thesis consists of 6 chapters. The 1th chapter will explain some theories. Then in the following 3 chapters this paper analyzes the investment philosophy and the volatility characteristic of return of investment fund. In the 3th chapter this paper interprets the investment philosophy, then it makes quantitative and qualitative analysis. On the above basis it studies the volatility characteristic of return. It aims to make further appreciation of the conducts of security investment fund and finally it makes a review on the performance of investment fund as a whole. In the 6th it chapter draws a conclusion and puts up the further research direction.