Abstract:

 The selection, employment and decruitment of fund manager must be based on his past performance Quality control chart is used to evaluate fund manager of portfolio investment By dynamically calculating upper limit and lower limit, fund manger can be categorized as competent one and incompetent one This method can avoid the shortcoming of other methods which don’t consider the fund manager’s past performance The research can accurately identify the cause of the fund manager’s good performance, which has great value to fund company

Key words: fund manager, performance evaluation, quality control chart