Empirical studies of momentum and contrarian strategies in the Chinese closed-end fund

This paper researched the investment strategies of closed mutual funds in China according to contrarian investment strategy and momentum trading strategy. At first, a number of empirical assumptions, and the establishment of related model for the overall sample of closed-end funds in China, such factors as the size of momentum branch inversion strategy some empirical research on closed-end funds at the same time a measure of performance. Finally, empirical results of China´s securities investment funds made to promote the China Securities Investment Fund of the healthy growth.