我国证券投资基金非系统性风险分析

Analysis of Chinese Security Fund Nonsystematic Risk

利用威廉·夏普提出的资本资产定价模型(CAPM)对1999-2002年我国证券投资基金分散非系统性风险的效果进行实证分析,结果表明我国基金对非系统性风险的分散效果日益显著。结合证券投资基金实际情况分析成因,并从风险的角度,对我国证券投资基金的发展提出了建议。

This thesis empirically analyses the scattered effect of Chinese security fund nonsystematic risk from 1999 to 2002 based on capital asset pricing model(CAPM). The result indicates that the scattered effect is getting prominent increasingly. In addition,the cause is analyzed and the advice to the development of Chinese security fund is suggested.