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A Study on Tracking Error of ETF in China

Author: ZhaoWenJuan
Tutor: FengLiCheng
School: University of Foreign Trade and Economic
Course: Finance
Keywords: Exchange-traded index funds Net tracking error Tracking deviation
CLC: F224
Type: Master's thesis
Year: 2006
Downloads: 494
Quote: 10
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Abstract


Since December 30, 2004 , China 's first ETF funds - Shanghai 50ETF its inception in the ETF gradually being the majority of the attention of investors , and is increasingly become a hot spot . This paper uses the tracking error deviation , tracking error deviation and regression analysis of the Shanghai 50ETF listed year tracking error since the performance of the empirical research concluded this year , basically reached the Shanghai 50ETF prospectus provisions investment objectives, has a more obvious advantage than other index funds . But limited to a shorter time-to-market , long-term SSE 50ETF performance remains to be proof , in the end of the article , the factors affecting the tracking error , the paper proposes a number of recommendations to improve the tracking error .

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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