该文基于对国内外基金绩效评价最新研究成果的总结,结合因子分析法和运筹学中广泛运用的效率评价的系统分析方法-数据包络分析方法,构建了一套符合中国国情的开放式基金综合评价体系;并应用数学规划的方法,重点从收益、风险和基金经理择时与择股能力等方面,对决策单元效率绩效的有效性进行评价。最后,对其优缺点进行了简单分析。 Based on the summary of the latest research results of fund performance evaluation both at home and abroad, this paper constructs a set of open-end fund which is in line with China’s national conditions by combining with factor analysis and the systematic analysis method of efficiency evaluation widely used in operations research - data envelopment analysis Comprehensive evaluation system; and applying the method of mathematical programming, the author evaluates the effectiveness of the efficiency of the decision-making unit from the aspects of income, risk, fund manager selection timing and stock selection ability. Finally, the advantages and disadvantages of a simple analysis.