Performance Comparison of Mutual Funds in Different Stocks in Taiwan

• Main Authors: HSIAO,HSIU-CHING, 蕭銹菁
• Other Authors: WANG,JEN-HUNG
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/38815921539519172959

碩士 === 世新大學 === 財務金融學研究所(含碩專班) === 105 === In the face of aging in Taiwan's population structure, the average life expectancy has increased year by year, the old age is higher than the year-on-year, the old age annuity reform, the interest rate for many years to maintain low-cost environment, price inflation, wage freeze and other unfavorable factors, how to create wealth, The old age pension is the serious problem that everyone today needs to face. The purpose of this study is to explore the performance and comparison of performance of mutual funds in different regional equity funds. The investment area is divided into Asian market, global market; the subject is divided into equity funds; performance comparison period is divided into one month, three months, six months, nine months, one year and five period; fund net information statistics for the near 10 years (January 2007 ~ December 2016) a total of 120 months at the end of the monthly remuneration information, and according to the Asian market (stock funds -54 file),the global market(stock funds -63 file) and other funds to do different period Performance indicators ~ average reward,Jensen ratio,Treynor Ratio,Sharpe Ratio and other indicators to assess and test the differences between the performance of each fund. The following is the preliminary conclusion 1.Whether the Asian Equity Fund or the Global Equity Fund has a positive return on average for one month, three months, six months, nine months, one year, and so on. 2.In addition to the Treynor ratio indicators during the period of 3 months, 6 months, 9 months,one year，it appears a significant difference for Asian Equity Funds Compared to the global equity funds in the performance indicators ,There was no significant difference in the mean value of the rest of the average reward,the Jensen ratio indicator and the Sharpe ratio indicator during the other peroids.