Securities Investment Fund Transactions Empirical Research

Since the 1860s, securities investment funds in the country's financial market has been rapid development.China's fund development process can be divided into two phases.Before 1997, China's fund in its infancy, the period of supervision is not enough, the fund market is more confusing.After 1997, along with the "Interim Measures for Securities Investment Fund Management," the issue, China's securities investment funds started on the right track.Since the last since the 1980s, more and more scholars began to study the herd behavior of financial markets and feedback behavior. Along with people understanding the nature of financial markets deepening financial market herd behavior and feedback behavior started to become a very real sense of direction.Now the Chinese stock market in the securities investment fund is the largest institutional investors and the market plays an important role.In China, the securities investment fund research, help to explore the development of the road fund could help authorities understand the securities market, the overall state of the funds to improve the system, help to fund investors to provide accurate and comprehensive information to make the right The decision could help the fund management company's ongoing product innovation to maintain its leading position in the market.In China, the securities investment fund research, help to explore the development of the road fund could help authorities understand the securities market, the overall state of the funds to improve the system, help to fund investors to provide accurate and comprehensive information to make the right The decision could help the fund management company's ongoing product innovation to maintain its leading position in the market. In this paper, the end of 2007 to 2009 between the China Securities Investment Fund's investment behavior for the study, the purpose is to analyze the behavior of securities investment funds herd behavior and feedback, and securities investment funds for investment behavior problems are given appropriate recommendations, to contribute to China's securities investment market healthy and rapid development.