CAJ | 학술논문

投资者对简单易行的投资策略梦寐以求。本文在股票价格具有惯性和明星基金具有股票选择能力的现实情况下，设计了一种简单易行的克隆明星基金投资策略，并以实际的金融数据对该种投资策略的有效性进行了实证分析。结果表明：该策略能够产生较好的投资收益，投资者利用该策略进行投资是有效的。
투자자대간단역행적투자책략몽매이구。본문재고표개격구유관성화명성기금구유고표선택능력적현실정황하，설계료일충간단역행적극륭명성기금투자책략，병이실제적금융수거대해충투자책략적유효성진행료실증분석。결과표명：해책략능구산생교호적투자수익，투자자이용해책략진행투자시유효적。
Investors yearned for simple investment strategy. This paper proposes a clone star fund investment strategy based on the momentum of stock price and the stock selection ability of star funds,and makes an empirical analysis on the effectiveness of this strategy based on actual financial data. The results show that the strategy can produce better returns,it is an effective investment strategy for investors.