Research On Optimization Of Fund Intelligent Investment Strategy Based On Objective Orientation

Fund fixed investment law(referred to as fixed investment fund),the earliest from people’s reflection on timing and long-term investment demand,later with the development of this investment behavior,to the United States in the 1950 s,evolved into our familiar fixed investment strategy(API).Because the plan is easy to execute and easy to understand,it was quickly applied to invest in various fund products.Fund investment has entered the Chinese market since 2005,and has been recognized and participated by the majority of domestic investors.Major fund companies and other financial institutions have also launched investment products,gradually becoming one of the important investment and financing methods,especially in the case of large market fluctuations,fund investment can easily obtain considerable returns.Look from broad sense,there is more than regular intervals in fixed amount to fund is cast surely,can also be based on having a regular change in the form of investment,the investment,investment to optimize parameters,such as,to meet the different needs of investors,at the same time,data analysis,the rapid development of computer technology also provides a practice foundation parameters optimization,Fund intelligent investment strategy based on different parameters optimization direction is gradually known by investors.Intelligent cast surely strategy on the market of the common fund,the so-called intelligent cast surely,primarily through investment in order to optimize the direction and set up the control indicators,through the judgment deviation degree to adjust the investment size,this method does promote the development of the fund to be cast surely,but too much subjective factors,the control indicators are set by human,specific numerical setting and no unified conclusion;And the focus on all the process of regulation and ignore the establishment of investment objectives,traditional funds passively accept the outcome of the status quo has not been changed.Based on investment objectives and results-oriented,this paper designs a target-oriented fund intelligent investment strategy,which not only considers the change of investment amount in the investment process,but also considers the final investment result.Firstly,this paper introduces the research background,significance and main research methods of fund investment,combs the research history of fund investment at home and abroad,and explains the concept and theoretical basis of fund investment.Then,from January 2015 to January 2020 as the investigation period,randomly selected two index funds,two stock funds and six balanced funds as the target funds,using the traditional fund investment strategy and three mainstream intelligent fund investment methods for performance back test comparative analysis.It is found that the intelligent investment strategy of the mainstream fund does have optimization effect compared with the traditional fund investment,but there are still problems such as too strong subjective factors and lack of investment objectives.Then,based on these two problems,this paper puts forward the intelligent investment optimization strategy of target-oriented fund,and designs the asset target method and growth target method.In the investment process,the investment target is used as the reference value to dynamically adjust the investment amount.The same six funds were used for performance back test,and the results were compared with traditional fund investment and mainstream fund intelligent investment strategy.The final conclusion shows that the target-based intelligent fund investment strategy has further optimization effect compared with the mainstream intelligent fund investment strategy.Among them,the growth target method has better effect than the asset target method,and the optimization effect of return and risk is more obvious,and the application scope is wider.