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  • 學位論文

基金規模影響要素之探討

Determinants of Mutual Fund Size in Taiwan

指導教授 : 黃達業

摘要


夲篇的研究目的是探討基金類型、投資地區與歷史績效對於基金規模發展的影響。從過去研究中,我們發現著重歷史績效為切入點所忽略的考量,進而推論基金規模才是基金產業中發展差異化的最終結果,因此,在本篇的實證研究中,以基金規模為被解釋變數,欲試圖找出影響基金規模的重要因素,而這些會影響基金規模的重要因素中,很可能在未來基金產業的服務與基金商品的設計方面,帶給研究者與基金從業人員一些啟發。本篇從實證研究中發現,募集資金前即設定完成的基金類型與投資地區,以及後來與基金規模相互影響的歷史績效,分別都與基金規模有顯著關係。

關鍵字

基金規模 虛擬變數

並列摘要


The research goal is to explore the fund types, investment districts and the historical achievements regarding the fund scale development. Studied from the past, we discovered emphatically the historical achievements for cut into the consideration which an institute neglected, then the deduction fund scale was the development difference final outcome in the fund industry. Therefore, in this empirical research, the fund scale is treated as dependent variable, attempts to discover the important attributes which influence fund scale; but these important attributes can affect the fund scale, very possibly to bring some inspirations to the researcher and fund industry staffs in future fund industry service and fund commodity design aspect. This discovered from the research that hypothesis completes with the fund types and investment districts before raising a fund, as well as afterwards the historical achievements which mutually affected with the fund scale, the distinction all has with the fund scale reveals the relations.

並列關鍵字

Mutual fund Fund size

參考文獻


Ang, James S. and et al.(1998), “Mutual fund manager’s efforts and performance”, Journal of Investing, winter, pp68-75.
Carlson, R. S. (1970), “Aggregate Performance of Mutual fund:1948-1967”, Journal of Financial and Quantitative Analysis, 5, pp1-31.
Collins, Sean and Phillip Mack(1997), “The Optimal Amount of Assets under Management in the Mutual Fund Industry”, Financial Analysts Journal, Sep/Oct, pp67-73.
Grinblatt, Mark and Sheridan Titman(1989), “Mutual Fund Performance: An Analysis of Quarterly Portfolio Holding”, Journal of Business, 62, pp393-416.
Grinblatt, Mark, and Sheridan Titman(1994), “A study of monthly mutual fund returns and performance evaluation techniques”, Journal of financial and quantitative analysis, 29, pp419-443.

被引用紀錄


孫立穎(2016)。不同風險等級的共同基金規模與績效之相關性探討〔碩士論文,國立臺灣大學〕。華藝線上圖書館。https://doi.org/10.6342/NTU201603121
邱佳璇(2009)。從投資人觀點與誘因契約結構探討基金經理人從眾行為〔碩士論文,國立臺灣大學〕。華藝線上圖書館。https://doi.org/10.6342/NTU.2009.10026

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