Influencing Factors of Change Rate of Individually Held Fund Units in Equity Funds

Funds are one of the most actively traded instruments in China’s security market, and individual investors main force fund purchases. A study factors affecting change rate individually held units equity funds is conducive to healthy operation funds. This article uses panel model annual data 120 from 2017 2021 as a sample finds that negatively correlated with performance, investment concentration establishment year. also quadratic segmented regressions relationships between performance dependent variables use them basis analyze causes "redemption anomalies".