证券基金淘汰与反淘汰问题的初步研究

Tentative Study on Elimination and Anti-Elimination of Securities Fund

我国证券投资基金在经历了初期“繁荣”之后,目前已进入市场化淘汰时期。文章首先指出我国证券基金逐渐露出的若干淘汰信号,进而从内外部(即主客观)两大方面分别审视其淘汰成因,最后落脚到详尽拟定反淘汰对策上来。文章首开证券基金淘汰与反淘汰问题的研究,不仅是为理论创新,更是为它的可持续发展提供实践依据。

Securities investment fund in China has entered the period of market elimination after experiencing initial ＂boom.＂ This paper discusses in the first place the signs of elimination that begin to loom large before our securities fund, and then examines the cause of elimination from internal and external （subjective and objective viewpoints） perspectives and ends with an detailed anti-elimination strategy. Being the first of its kind in dealing with elimination and anti-elimination of securities fund, the present paper provides a practical base not only for theoretical innovation but also for its sustained development.