Based On The DEA Model Of Chinese Investment Fund Performance Evaluation Research

Accompanied by the rapid development of the global economy, the financial of Chinese market growing day by day. As leader of one of the investment fund industry plays an extremely important role. The types and scale of Chinese investment fund are increasingly rich, influence in the financial markets as a whole continue to enhance. Specialized financial investment philosophy of cultivating a growing number of professional market participants:Adopted specialized methods for evaluating the performance of the market watchdog finds deficiencies in management. The investors find the right ways of using professional performance evaluation method for investment products. Effective performance evaluation of fund managers use models to help himself found weakness in the operation, after improvements to achieve high yields. Therefore, an efficient securities investment funds performance evaluation methods have become a target for the entire market, Therefore, an efficient securities investment funds performance evaluation methods have become a target for the entire market, is an important tool needed for all market participants.This paper through the study of theoretical knowledge and practical analysis method of combining, which can find scientific, accurate evaluation of fund performance evaluation methods—DEA model.It's divided into5parts totally, First of all, First describe the research methods and significance of this document and of the domestic and foreign study on evaluation methods of the Fund made a presentation. Second, make a brief account of development on the classification and characteristics of securities investment funds, investment funds in our country; and explain the significance of investment fund performance evaluation. Third, describes the development of the DEA model, and chose the methods for performance evaluation of the theoretical basis of this paper. Combine the environment of market and select a valid input-output decision marketing environmental analysis parameters, then by calculating to get the final result. Multi-angle analysis on the calculation results, including analysis of overall analysis, liquidity, efficiency analysis, comprehensive pure technical efficiency analysis, analysis of scale and super efficiency DEA efficiency analysis model. Risk metrics to validate the analysis results. End by analyzing the results of the advantages and shorteomings of DEA method and look forward to the future development of the investment fund market in China.