| During the recent30years, the financial market in China has enlargedsharply. At the same time, as an important part in our capital market, thesunshine private funds have a very high speed development, especially fromthe bull market in the year of2007.The sunshine private funds increased theinvestment way in china and show the high vitality of the China financialmarket.As the number of the sunshine private funds increased sharply, theinvestors are more and more concerned about the performance of the funds,and how to evaluate the system of the product of the sunshine private funds isimportant. This thesis wants to do this system evaluation on the basis offinancial theory research at China and abroad. This thesis uses the sharp ratio,yield return and the down side risk to evaluate the stability and theprofitability of the sunshine private funds. At the same time this thesis usesthe T-M, the model and the C-L model to evaluate the security selectionability and the market timing ability of the manager of the sunshine privatefunds. |
