在中国加入WTO的背景下,开放式基金成为中国基金业的主要发展方向之一。作为一个金融创新品种,开放式基金作为机构投资者将会促进我国证券市场的健康发展,但同时基金业也是高风险行业。文章探讨了运用Hurst指数计量开放式基金系统性风险的方法,并就现阶段我国开放式基金应对风险的对策提出了几点政策建议。 Under the background of China’s accession to the WTO, open-end funds have become one of the main development directions of China’s fund industry. As a financial innovation, open-end funds as institutional investors will promote the healthy development of China’s securities market, but at the same time, the fund industry is also a high-risk industry. The paper discusses the method of using Hurst index to measure systematic risk of open-end fund and puts forward some policy suggestions on how to deal with the risk of open-end fund in our country.