配置型基金

振荡周期内配置型基金与中小板ETF基金业绩差异不大。最后结合实证研究的结果和相关原因的分析，分别从投资者角度和管理层角度给出相关建议。

There is no significant difference in performance between asset-allocation fund and SME ETF during the Oscillation cycle . Finally , combined with empirical research results and related analysis , the dissertation put forward some proposal from investor point of view and financial regulator point of view .

配置型基金资产配置管理研究

Research on the Asset Allocation Management of the Asset Allocation Fund

配置型基金具有一定的选股能力但无显著的择时能力。

Sample asset-allocation fund has certain stock-selection ability but no significant timing ability .

最后，选取二十只配置型基金，提取近一年的相关数据进行了实证分析。

Finally , the allocation of only 20 investments funds data from the past year is related to the empirical analysis .

最后得出的结论如下：（1）配置型基金风险调整后收益率的排名与净值收益率排名差异不大。

The conclusions are as follows : ( 1 ) there is little difference between rankings based on risk-adjusted return and rankings based on pure return .