Research on Timely Selecting Ability of Open-end Stock Fund

As an important part of fund performance evaluations,timely selecting ability of open-end fund will influence interest-re-lated subjects' decision behavior of fund investors and management companies.Applying international mature fund evaluation mod-el and newest data,the research on timely selecting ability of open-end fund showed that Chinese fund managers are inferior in pro-fessional and management ability,unable to realize fund income by perfect security selecting and market timely ability.Therefore,the measures of advancing securities market structure,training on the employees,and awareness of investment risk should be em-ployed to improve the timely selecting ability in Chinese stock fund.