China Index Structured Fund Performance And Its Influencing Factors

In 2007, China’s first grade fund market. Unlike ordinary classification Fund Fund Fund uses hierarchical structure of the characteristics to create a suitable degree of investment risk preferences of different groups of the new type of investment fund products. This paper selected 15 Index Fund stock for the study were its A shares and B shares were Performance Index, yields Factors volatility and performance impact.We find that, First, the performance of the Fund’s Class A classification convergence and maintained at a relatively constant rate of return range, grade B class overall absolute return fund performance is not optimistic, only half beat the broader market index, and between different grade class B fund performance gap is large; second, continuous grading and classification Fund Class A Class B fund yields equally strong volatility; third, grade A class of fund performance with its own premium rate discount, premium or discount rate and the overall market index was significantly positively correlated with turnover amount, purchase rate, redemption rates and the mother NAV no significant correlation; grade class B fund performance with its own premium or discount rate, the overall premium or discount rate, the mother NAV, market index and price leverage significant positive correlation with turnover significant negative correlation with the purchase rate and redemption rate was not significantly correlated; fourth, the market slump period, A class of fund performance and their premium or discount rate, the overall premium or discount rate and the market index was significantly positively correlated with turnover, purchase rate, redemption return rate and net parent fund is still no significant correlation; grade class B fund performance with its own premium or discount rate, the overall premium or discount rate, the net value of the parent fund, the market index and price leverage significant positive correlation with turnover, subscription rates and foreclosure return rate was not significantly correlated.