| The so called investment style of open-end fund means the invest idea in constructing the investment portfolio different invest inflict different invest decision which not only effect the performance of the fund in the capital market but also give a impressive effect to the operation as well as offering a science condition for accurate the fund objectively.With the deepening development of China's capital market and enrichment of financial investment instruments, the fund, which plays an important role for its large scale, has been more and more mature both in the diversity of products and the industry's rules and regulations. And the product diversity is closely related to a variety of fund investment styles which provides so many choices to the investors.However, though investors have a lot of choices according the variety of investment styles,the investment style drift and similarity make the choices meaningless finally. From the perspective of the overall market it also increases the market risk for the greater uncertainty, which does bad for the capital market.This paper will do comparative analysis on the different period of the sample by qualitative and quantitative methods, form conclusions, explain it from different perspectives and provide some related suggestions. |
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