| The liquidity crisis of the open-end fund has been known for several years, and as a factor affecting the liquidity of fund, the asset allocation is came to the theory and the fund managers'attention. Thus, author will do the research point at assets allocation fund in china which is been established for at least 2 years, and wanted reference the improved experience of the countries or areas whose fund market are developed, especially the asset allocation fund. In this paper, the author analyzed the relationship from the point of asset allocation in asset allocation fund. After analyzed the affect factor about the asset allocation fund, the author got a conclusion that the asset allocation fund didn't have evidence advantages about asset allocation in our country. At last, in order to improve the allocation efficiency, the paper gives some suggestion to the asset allocation fund for good liquidity management. |