基金規模影響要素之探討

Abstract

夲篇的研究目的是探討基金類型、投資地區與歷史績效對於基金規模發展的影響。從過去研究中，我們發現著重歷史績效為切入點所忽略的考量，進而推論基金規模才是基金產業中發展差異化的最終結果，因此，在本篇的實證研究中，以基金規模為被解釋變數，欲試圖找出影響基金規模的重要因素，而這些會影響基金規模的重要因素中，很可能在未來基金產業的服務與基金商品的設計方面，帶給研究者與基金從業人員一些啟發。本篇從實證研究中發現，募集資金前即設定完成的基金類型與投資地區，以及後來與基金規模相互影響的歷史績效，分別都與基金規模有顯著關係。

The research goal is to explore the fund types, investment districts and the historical achievements regarding the fund scale development. Studied from the past, we discovered emphatically the historical achievements for cut into the consideration which an institute neglected, then the deduction fund scale was the development difference final outcome in the fund industry. Therefore, in this empirical research, the fund scale is treated as dependent variable, attempts to discover the important attributes which influence fund scale; but these important attributes can affect the fund scale, very possibly to bring some inspirations to the researcher and fund industry staffs in future fund industry service and fund commodity design aspect. This discovered from the research that hypothesis completes with the fund types and investment districts before raising a fund, as well as afterwards the historical achievements which mutually affected with the fund scale, the distinction all has with the fund scale reveals the relations.