摘要
基于中国当前基金市场快速发展,产品种类与数量日趋庞大的背景下,为了给投资者、监管者以及基金公司提出合理化建议与对策,本文选取中国15只股票型基金作为样本,利用DEA方法中的Malmquist指数法、Super-SBM模型对基金的绩效评价展开分析。通过研究基金的相对效率问题,为读者展示不同模型的优缺点以及使用范围,同时对15只样本基金进行合理分析并排序。最终发现,中国基金虽表现较好,但依旧存在投资集中度高、资金使用效率低等问题。
Under the background of the rapid development of Chinese current fund market and the increasing variety and quantity of products,in order to put forward reasonable suggestions and countermeasures for investors,regulators and fund companies,this paper selects 15 stock funds in Chine as samples,and uses the DEA method.Malmquist index method and Super-SBM model in the analysis of fund performance evaluation.By studying the relative efficiency of funds,it will show readers the advantages and disadvantages of different models and the scope of use,and at the same time,15 sample funds will be reasonably analyzed and ranked.In the end,it was found that although Chinese funds performed well,there were still problems such as high investment concentration and low capital utilization efficiency.
作者
高玮
GAO Wei(Qinghai University for Nationalities,Xining 810007,Qinghai,China)
出处
《江苏商论》
2022年第5期79-82,共4页
Jiangsu Commercial Forum
