The Market Timing and Selectivity of Investment Funds

摘要：

　　This paper investigated the selectivity and market timing of China’s open-end funds using three type models namely T-M,H-M and three-factors model with the return data of funds from 2009 to 2011 and we showed that the funds trended to have the same investment style and did not have market timing and selectivity.

关键词： Market Timing Selectivity Investment Funds

作者: Zhong Tingyong An Ye Li Jiangna Li Yan

作者单位: School of Business,Northeast Normal University,Changchun,China,130117 School of Business,Northeast Normal University,Changchun,China,130117;Guanghua College of Changchun

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 739-744

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）