摘要
以中国开放式股票型和债券型基金为样本,通过对基金风格漂移程度的量化,检验基金风格漂移、资金流波动、基金规模及基金费率与基金业绩之间的关系,即可发现风格漂移的程度与基金的业绩呈正相关,但与资金流波动不相关;同时,基金规模与基金的业绩呈正相关,与费率呈负相关。
Based on the Chinese equity and bond Open-end funds for samples, after quantization of the degree of fund style drift, the paper tested the relatedness among style drift of funds, funds flow volatility, funds size, fund rates and fund performance, the results showed that the degree of style drift had a positive relationship with performance, but not related to fund flow volatility; at the same time, fund size and the performance had a positive relationship, while negatively correlated with the rate of management.
出处
《福建金融管理干部学院学报》
2008年第1期29-35,46,共8页
Journal of Fujian Institute of Financial Administrators
