• Business
  • Published 2005

On the Ability of Security Selecting and Market Timing of Open-end Funds in China

@inproceedings{Kuixi2005OnTA,
  title={On the Ability of Security Selecting and Market Timing of Open-end Funds in China},
  author={Xiao Kui-xi},
  year={2005}
}
We study the ability of security selecting and market timing of equity open-end funds in our country by the use of parameter methods. Open-end funds revealed strong ability of security selecting but poor market timing ability in 2003, they showed the ability of market timing to a certain extent but negative ability of security selecting in the first half year of 2004. The analysis based on the annals of the funds in 2003 shows that they forecasted the trend of the security market of 2004 high… CONTINUE READING