Research On Investment Value Of Securities Investment Fund

China ’s securities investment funds started in the late1980s, in November1992, China ’sfirst listed on the Shanghai Stock Exchange trading of securities investment funds-ZiboTownship Enterprise Investment Fund approved by the People’s Bank of China was formallyestablished, experienced20years of investment in the development of securities nearly fromscratch, from the general to mature. June7,2012, the China Securities Investment FundAssociation held the first Inaugural Annual Meeting in Beijing, when he was appointed ChairmanGuo Shuqing, the Commission published a report entitled "We need a strong wealth managementindustry " as the theme of the wonderful speech, marking China ’s fund industry after so manyyears of development, and finally move towards a new stage. But the face of the wide variety ofsecurities investment funds, the majority of small investors how to choose funds with investmentvalue, how to get excess returns before they become a major issue, the current value of theinvestment is very popular idea, investment value strategies are imported from other countriescame, the previous domestic scholars from different angles, different aspects of these theories,strategies are empirical analysis. Facts prove that these are basically in line with China ’ssecurities market,For value investors, the relationship with the market trend of changes in netfunds is an important reference for aspects of their investments.This article is mainly selected a few pieces of securities investment funds in line with theclassic value investing, represented by comparing the change in the relationship betweenlong-term trends in their average net unit sequence with the market index, which is a few piecesof the fund is to comply with the value investment philosophy, whether investment value.This paper analyzes the main method is the use of empirical analysis, qualitativeand quantitative research methods, the integrated use of knowledge in economic andfinancial areas such as investment value of China’s securities investment fundsempirical research, first introduced abroad scholars value of Investment securitiesInvestment Fund of the analysis of the literature review, including verification of thevalue of investments, compared to revenue of value investing, value investingphilosophy and other studies, followed introduces some basic concepts of the value of investment securities and investment stage Situation development Fund; empiricalresearch, the main use of the time series to examine the long-term trend movementsrelationship with the Fund’s net market finally summarize some specificrecommendations for investors.