Abstract:Abstract-This study adopted a simulation analysis based on back-testing historical data to evaluate the performance of a compound investment strategy which was proposed by a securities investment trust company for suggesting its customers in mutual fund investment. The compound strategy requires investors to choose a source-fund and a sub-fund or a set of sub-funds which have negative correlations or low correlations with the source-fund in their portfolio. Then we examined the performance of the strategy unde… Show more
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