Empirical Research on Securities Selection and Market Timing Ability of Chinese Open-end Funds

摘要：

Using T-M model,H-M single factor model and their expanded models,this paper empirically analyses the securities selection and market timing ability of Chinese Open-end Funds and draws the conclusion that a majority of the Chinese open-end funds have the characteristics of specialty financing with a certain of securities selection and market timing ability but not significant.

关键词： Open-end funds Securities selection Market timing ability

作者: Xiaofeng Zhang Ling Lv Tian Liu Rui Zhang

作者单位: School of Economics & Management,Changsha University of Science & Technology,Hunan Province,P.R.China,410076

会议类型: 国际会议

会议名称: The 2008 International Conference on Business Intelligence and Financial Engineering(BIFE 2008)(商业智能和金融工程国际会议)

会议地点: 长沙

会议语种:英文

页码: 714-720

在线出版日期: 2008-10-28（万方平台首次上网日期，不代表论文的发表时间）