指数化投资

作为新一代的指数化投资基金，ETFs是近10年来国际投资市场中最主要同时也是最重要的金融产品创新之一。

As a newly emerged indexing investment funds , ETFs is among the major and most important new financial products in the international investment market in the last ten years .

随着指数化投资的增长，准确理解指数化投资的经济影响变得越来越重要。

The growing importance of indexing makes an understanding of its economic consequences an important question .

最后，以对ETF基金未来的发展作为结尾，指数化投资必将成为未来基金业发展的一个重要方向。

Finally , by will take the ending to the ETF fund future development , the exponentiate investment will will certainly into a future investment funds industry development important direction .

指数化投资理论与实践及我国的借鉴

On the Index - based Investment Theory and Its Practice

基于免疫记忆克隆算法的指数化投资组合优化构建策略

Optimal Portfolio Selection for Index Investing Based on Immune Memory Clonal Algorithm

指数化投资对成分股票定价的影响

The Effect of Index Investing on the Stock Prices

指数化投资中复制方法的比较分析

A Comparative Analysis of Replication Method of Index Investment

指数化投资及其在我国的适用性研究

Analysis on the Applicability of Index Investment in China

指数化投资理论、方法及实证研究

A Theoretical and Empirical Research on Indexing

指数化投资的风险评估与预测：基于中国指数基金的实证研究

Risk evaluation and prediction of indexing : Based on an empirical study of Chinese index funds

在客户的心目中，看起来2008年似乎证明了指数化投资的优势。

It looks as though 2008 confirmed the case for index investing in consumers ' minds .

因此论文提出基于数据挖掘的5种指数化投资优化方法。

Therefore , this dissertation summarizes 5 kinds of optimized index investment based on data mining .

他相信，在低效、不成熟的大中华市场，积极投资管理会比指数化投资带来更大的回报。

He believed " inefficient , immature " Chinese markets rewarded active investment management rather than indexation .

文章首先分析了指数化投资产生的理论原因，进而考察国外指数基金的规模业绩。

First this dissertation introduces the theory of index fund , the scale and yield of foreign ones .

进一步讲，指数化投资的需求冲击是持久的，对股票价格形成了持久的压力。

Furthermore , demand shocks can be permanently incorporated in asset prices , which give stock price permanent pressure .

加拿大养老保险基金会中投资部独立，采用指数化投资，免受了政治干预的伤害。

The investment department of Canada Pension Plan which adopts index investment model is independent and avoids polity intervention damage .

试图分析指数化投资在我国的适用性，并提出相应的建议和对策。

This paper aims to analyze the applicability of index investment in China and propose some advices to improve the applicability .

通过只有两种股票的简化模型，我们证明了指数化投资对成分股票定价存在持久的影响。

With a simple model which have two sorts of shares , we demonstrate that index investing have permanent effect on stock prices .

我们对证券基金的指数化投资、资产配置、风格投资和动量投资了比较。

We compare index investing , asset allocation , style investing and momentum investing of funds between two countries and find some similarities and difference .

答：大量研究显示，指数化投资的收益高于80%的主动型投资经理。因此被动投资对于绝大多数投资者而言是最佳选择。

There are plenty of studies that show that index investing outperforms 80 per cent of active managers , so passive investing is the best way for most investors .

最后，对基于数据挖掘的5种方法从不同指标角度分析指数化投资得出的结论也不一致，这也验证了数据挖掘方法不能单纯的比较孰优孰劣的结论。

Finally , we conclude the different consult from various indicators based on data mining methods and also verify the data mining method can not simply compare which one is better .

随着指数化投资的发展，新型指数化投资产品的不断涌现，进一步丰富了指数化投资的内涵与深度，为投资者提供了种类繁多且简便易行的选择。

With indexing investment development , the new products are emerging to further enrich the content and depth of indexing investment , and provide investors with a variety of user-friendly options .

指数化投资选择市场指数代替市场投资组合作为投资对象，是一种有效分散投资风险、获得市场平均收益的投资方式，在股票市场效率越来越高的今天，受到了广大投资者的欢迎。

Thereby , as an efficient way of dispersing risk and obtaining market-average income , investing according to the index is warmly welcomed by numerous investors as stock market efficiency improving everyday .

因此近几年来指数化投资方式获得了巨大发展，进行指数投资的目的是复制目标指数，以获得市场平均收益率水平。

Therefore the indexing investment has grown very fast in the recent years . The goal of indexing investment is to copy the target index and to get the average market return rate .

在介绍国内外指数化投资优化的文献基础上，发现在海量的历史数据信息中找到更有用和有效的指数跟踪信息和模式，成为指数化投资研究的新方向。

We present domestic and foreign optimized index investment literatures , and discover that more useful and effective index tracking information and patterns in mass historical data become new research direction of index investment .

它采取完全被动的指数化投资策略，跟踪、拟合某一具有代表性的标的指数，从而有效地规避个股投资的非系统性风险，力求获得和该指数相近的收益率。

It follows passive investment tactic of stock index completely , try to follow and fit a certain representative index , to evade non-system risk of single stock investment effectually , and to gain the same yield as the index .

在指数化投资研究领域引入数据挖掘的相关理论方法，一方面可以为投资决策提供重要的创新解决手段，另一方面，也为数据挖掘的研究与应用开辟一个新的领域。

We introduce the theory of data mining methods into index investment research , on the one hand data mining provides innovative solutions for decision-making investment , on the other hand the application for data mining opens up a new field .

第二部分分析了积极型、消极型投资风格的不同，并介绍了指数化投资策略，最后指出，根据目前状况，个人账户养老金投资主要应该采取积极投资方式，注重上市公司的投资价值。

Part two Have analyze the difference of styles of investment , has introduced the investment tactics of the indexation , point out according to state at present , personal account pension investment should take the positive investment , pay attention to the investment value of the listed company .

在被动投资策略部分对被动投资进行概述，并详细介绍了被动投资的三大理论溯源，即现代资产组合理论、资本资产定价理论、有效市场理论，以及指数化投资的动因和优势。

In part of passive investment strategy summarize passive investment , and introduces in detail the three major theoretical origin of passive investment , namely the modern portfolio theory , capital asset pricing theory , efficient market theory , as well as the index of the investment motivation and advantages .

指数化类型投资行为的存在性研究

Research on the Exist of Index Style Investing