Open AccessOpen-end Mutual Fund Analysis—Take ChinaAMC Large Cap Select Fund as Example
Author(s) -
Xin Yuan
Publication year - 2019
Publication title -
finance and market
Language(s) - English
Resource type - Journals
ISSN - 2424-8401
DOI - 10.18686/fm.v4i2.1611
Subject(s) - index fund , business , sovereign wealth fund , investment fund , target date fund , fund administration , manager of managers fund , mutual fund , open end fund , closed end fund , income fund , investment management , finance , asset management , china , economics , institutional investor , corporate governance , microeconomics , geography , market liquidity , incentive , archaeology
ChinaAMC Large Cap Select Fund (fund code 000011) was created in 2004. Due to its good performances, it attracted a lot of investors’ attentions. First of all, its fund manager, China Asset Management Co., Ltd, is a prestigious brand as recognized by domestic and global investors. So it obtained a high acceptance from the public. Second, in the past 15 years, the growth rates of Large Cap Select Fund were always higher than SSE Composite Index, and the trend of growth was relative stable. In addition, its annualized returns were often higher than other companies in a similar industry.