Positive Analysis on Management Fee of Investment Fund

The study is based on the data of issued funds collected from 2000 to 2003.Multiple linear regression method is used to analyze the relevance among annual fund management fee,fund performance and scale.The findings show that fund performance and scale are main factors of influencing fund management fee in 2000 and 2001;Since the Securities Supervisory Commissions stopped picking up the performance remuneration for all funds in 2002,the influences between fund performance and fund management fee were not apparent;Even it presents a strange phenomenon that the coefficience of the fund income is negative.