对基金业绩持续性评价是投资者进行基金投资决策的依据之一。本文选用夏普指数和詹森指数两种基金业绩衡量指标来衡量基金业绩,运用横截面回归检验法和交叉积比率检验法分别对2004—2009年持续存在的26只沪深封闭式基金周回报率进行了实证检验。结果表明,从整体上看,所考察的封闭式基金业绩具有弱反转性。 The continuous evaluation of the performance of the fund is one of the bases for investors to make fund investment decisions. In this paper, we use the Sharp Index and Jensen Index to measure the performance of the two kinds of fund performance measurement, using cross-sectional regression test and cross product ratio test, respectively, on the 2004-2009 continued existence of 26 Shanghai and Shenzhen closed-end fund weekly rate of return Conducted an empirical test. The results show that, as a whole, the performance of closed-end funds investigated has weak reversal.