Based On Dea Model Of China's Securities Investment Fund Performance Evaluation

This paper would use theory and mathematical model to do the following analysis:Firstly, it introduces the definition and characteristics of securities investment fund and the recent developing status of securities investment fund both internal and foreign.Secondly, the securities investment fund performance evaluation method is comprehensive presented, and based on comparison of those methods. We chose DEA as the model to evaluate Chinese securities investment fund followed by the mathematical describing.Thirdly, DEA model for securities fund performance evaluation are established, and mathematical analysis are given. It aims to establish DEA model on the basis of analysis of Chinese recent status, and to do mathematical analysis using the index we have chosen. As a result, the performance of majority of securities investment fund exceeded the average of the market; what's more, it has positive relations with market combination. The profits of securities investment fund come mainly from choice of appropriate stocks. It resists the speculation and stabilizes the stock market.Last, based on above analysis, we have compared the performance of Chinese securities fund and put forward the method of improving the performance of securities investment fund, the policy suggestions on how to stabilize the mutual fund development are given.