The Empirical Study On The Evaluation Methods Of Chinese Mutual Funds

The securities investment funds started in our country in March 1998 set up from the first batch of fund management Company. The mainland investment funds industry development has experienced three stages: the fund experiment site stage, the old fund cleaning up standard stage and the marketability approximately develops stage. The open style funds development was in recent years swift and violent. The fund achievements appraisal is an important link of fund investment. On the one hand because the achievements appraise may help the investor to choose the appropriate fund; On the other hand the achievements appraisal also is helpful to the specialized fund investment organization operation ability promotion. Therefore chooses the suitable fund appraisal tools are very important to the investor. The fund achievements appraisal, named fund rating, the academic circles and the practical realm has the mature quantification target system and the model regarding this. This article will use the single factor target method and the union real diagnosis based risk adjustment foundation performs to analyze, and attempted give some comment. But the knowledge level of the author is limited, the study on these problems is not deep enough, even perhaps some deviation exists yet in the understanding of some questions. Please every teacher makes comments to weak points.