关键词:证券投资基金,产品设计,产品创新,衍生产品
ABSTRACT
This essay firstly analyzes the elements of mutual fund development,
which includes types, investment strategies, fee structures and etc. Then it
introduces the development of overseas mutual fund industry and treats it
as a comparison to review the development and current situation of
mutual fund industry in China. Also, in this essay, the connection among
mutual funds, index, distribution channel and market supervision is
elaborated and the difference between unit investment trust and collective
investment scheme issued by securities company is indicated. Based on
the analysis mentioned above, it points out the necessity, the principle
and the trend of innovation in mutual funds’ product development. At last,
this essay specifies the real utilization of innovation in China’s mutual
fund market, concludes that mutual fund’s innovation should be enforced
from the perspective of target investment instruments, marketing and etc
and also illustrates that one of the most important factors of mutual fund
development is to combine with the prevailing relevant regulations
regarding derivatives investment of mutual fund.
KEY WORDS: Mutual fund , product development, innovation,
derivatives