基金投资行为与基金绩效相关性研究——基于风险与收益匹配视角

Research on the Correlation between Fund Investment Behavior and Fund Performance:Based on the Perspective of Matching Risk and Return

随着国民经济的发展,人们投资意识逐步提高,我国的证券投资基金行业取得了巨大发展。当前,基金的份额和管理的资产越来越庞大,已成为证券市场上主力机构投资者。从风险与收益相匹配的角度,选取我国证券市场上的开放式股票基金作为样本,对我国基金投资行为和基金绩效的关系展开研究,发现满足风险与收益匹配原则的投资行为对基金绩效有显著的正向影响。

With the development of the national economy and the improvement of people's investment awareness,China's securities investment funds have achieved tremendous development.The number of fund shares issued and the number of assets under management are increasing,and they have become the main institutional investors in the securities market.From the perspective of matching risk and income,this paper selects open-end stock funds in China's securities market as a sample to study the relationship between fund i nvestment behavior and fund pe rformance in China.The study finds that China's securities investment behavior has a significant positive impact on fund performance.