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J4  2004, Vol. 1 Issue (3): 304-    DOI:
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A New Approach to Evaluating Fund Performance and its Empirical Study
 JIANG Chong-Hui, MA Yong-Kai
University of Electronic Science and Technology of China, Chengdu,China

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Abstract  

Using the relative effective ratio- η coefficient,the Benchmark-Efficient Frontier Methodology developed by Matthew&Richard has been improved.Computing the η coefficient and information ratio, we rank the performance of fifty-two closed-end funds in China were ranked.The obtained rank of the two methods were consistent and reliable.The relationship among the fund performance,fund size and fund age. The result showed there was no significant correlation in them.

Key wordscoefficient;information ratio      fund performance      fund size      fund age     
Received: 16 July 2004     
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JIANG Chong-Hui
MA Yong-Kai
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JIANG Chong-Hui,MA Yong-Kai. A New Approach to Evaluating Fund Performance and its Empirical Study[J]. J4, 2004, 1(3): 304-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2004/V1/I3/304
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