| Abstract: | Mutual funds have already replaced traditional investments as single equity and fixed deposit, and become the first-selection investment instrument of our nationals over time. However, comply with diversification and popularity of fund investment, mutual fund selection on market is faced with the problem of numerous shares, investors are aware of the difficulty while making the choice. On the other hand, government brings into practice the? General agent system for offshore funds? on august in 2006, which will introduce more offshore funds into options, and investors also concern about that selected fund investment performance will below expectation, or even large loss. This research will differ from the traditional operation for fund. Under self-setup condition, we use?Windex? as selecting shares, a self-setup virtual funds is to inspect fund performance which could surpass feasibility on index.
This research uses?Windex ? to evaluate selecting shares as virtual funds. This is different from a tradition way. Half year of duration in this research will make review of performance. At the same period in Taiwan market, weighted share price index performance present short climb (on January in 2005, weighted share price index is 5994.23. On June in 2005, weighted index is 6241.94. Therefore, the weighted index of return is 3.83%. At the same period, 20 shares funds performance is 6.37%). The stimulated funds performance in this research is 12.42% of returns, balance on the end of June in 2005. Then inspect and analyze with T-test, as a result, it can determine that under limited time to use?Windex? as mutual funds selecting model can surpass the index, and go beyond shares average total performance. |
