• Title/Summary/Keyword: Fund

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Implementation of Fund Recommendation System Using Machine Learning

  • Park, Chae-eun;Lee, Dong-seok;Nam, Sung-hyun;Kwon, Soon-kak
    • Journal of Multimedia Information System
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    • v.8 no.3
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    • pp.183-190
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    • 2021
  • In this paper, we implement a system for a fund recommendation based on the investment propensity and for a future fund price prediction. The investment propensity is classified by scoring user responses to series of questions. The proposed system recommends the funds with a suitable risk rating to the investment propensity of the user. The future fund prices are predicted by Prophet model which is one of the machine learning methods for time series data prediction. Prophet model predicts future fund prices by learning the parameters related to trend changes. The prediction by Prophet model is simple and fast because the temporal dependency for predicting the time-series data can be removed. We implement web pages for the fund recommendation and for the future fund price prediction.

The Future Direction of Health Promotion Fund (국민건강증진기금 중장기 운용 방향)

  • Lee, Ju-Yul;Jeong, Ae-Suk;Kim, Hyun-Jeong
    • Korean Journal of Health Education and Promotion
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    • v.24 no.4
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    • pp.201-217
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    • 2007
  • This study reviews the amount and expenditures in national health promotion fund from 1997 to 2006, to analyse the problems and provide the future direction of health promotion fund programs. This study suggested the guide for future plans and the scope and contents of health promotion fund programs, priority and fund budgetary allocation, and operation organization. It is needed to revise health promotion law and enforcement decree of the health promotion act. The fund should be used in limited 9 areas related to healthy life activities: (1)Anti-smoking actions, (2)To support activities leading to a healthy life, (3)Public health education and development of materials, (4)Investigation and research regarding community health matters, (5)Public nutrition management activities, (6)Oral health management activities, (7)Physical exercises for health promotion, (8)Foundation related to supporting healthy life style practice society, (9)Expenses necessary for the management and operation of the fund. And also, in order to improve the performance of health promotion, it is considered to reform the operation system including organization.

Function of Fund Distributor and Appropriateness of Sales Fees in Funds (펀드 판매사의 역할과 판매 보수의 적정성 : 한국의 주식형 펀드를 대상으로)

  • Won, Seung-Yeon
    • The Korean Journal of Financial Management
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    • v.26 no.1
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    • pp.31-64
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    • 2009
  • This paper evaluates the role of fund distributors and the appropriateness of sales fees in funds by the empirical analysis of Korean equity funds. The empirical results are summarized as follows. First, this paper shows that the funds with higher sales fees do not have better performance. Rather, the higher sales fees cause the returns of funds to decrease in Korean equity funds. Second, it is not confirmed that both banks and securities firms, as fund distributors, contribute to the better performance of funds. Especially, the banks gave more negative influence on the performance of funds by imposing higher sales fees in funds than the securities firms. The empirical results suggest that the sales fees of funds are unduly imposed in comparison to the function of fund distributors and therefore, the structure of fund fees should be improved for the benefit of fund investors.

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Does Village Fund Transfer Address the Issue of Inequality and Poverty? A Lesson from Indonesia

  • ARHAM, Muhammad Amir;HATU, Rauf
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.433-442
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    • 2020
  • This study investigates the impact of fiscal transfer, specifically the Village Fund Transfer, on rural income inequality and rural poverty. Studies on fiscal transfer offers contrasting outcomes, some argues that fiscal transfer suppresses wealth disparity, while others argue that it tends to widen disparity. This study employs descriptive analysis in estimating the elasticity of income inequality and poverty rate before and after the Village Fund Transfer. It develops multiple regressions model on panel datasets of 33 provinces in Indonesia before and after the implementation of Village Fund Transfer. This study suggests that the elasticity of income inequality is higher after the implementation of village fund transfer. Rural poverty tends to decline annually, however, the elasticity changes is lower after the implementation of village fund transfer. Furthermore, this study suggests that village fund transfer is insignificant in coping with the issue of income inequality, while education and the level of labor productivity of agricultural sector appears to be the determinant factor in tackling the issue of income inequality in the rural areas. This study further reveals the significance of village fund transfer in suppressing the rural poverty rate. This study also highlights the significance of human resources quality and agricultural sector in reducing poverty rate in rural areas.

A Study on Current Status and Improvement Plans of Ecosystem Conservation Fund Return Projects (생태계보전협력금 반환사업의 추진 현황과 개선 과제)

  • Cho, Dong-Gil;Kim, Sang-Wook
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.13 no.3
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    • pp.63-72
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    • 2010
  • This study was conducted to investigate the current status and the improvement plans of the ecosystem conservation fund return projects. In 2007, there was a reformation of the ecosystem conservation fund system but the fund return projects were not vitalized up until now. In this study, 35 of ongoing and finished fund return projects were investigated on their types, sites, costs, local governments, and time required to return the fund. Through the on-site survey of 9 finished projects (4 biotope, 2 corridor and 3 natural conservation facility projects), construction and management conditions were investigated. The main findings are as follows: Among the five fund return types, 17 cases were biotope restoration projects, 4 cases were ecological corridor projects, and 1 case was a nature replacement project. In the case of project sites, there were 14 cases near schools and public facilities, 8 cases near rivers or streams, and 2 cases near ponds or wetlands. For the construction costs, there were 19 cases (65% of all the projects) that cost less than 300 million won. In terms of the involvement of the local government, most of the fund return projects were concentrated in Gyeonggi province and Ulsan city, and there were some local governments outside of these regions that did not carry out any return projects at all. Lastly, in the case of fund return time required, 35% of the fund returns were completed within 5 months, but the overall average fund return time was 9.8 months. In respond to the above study results, the improvement plans to encourage fund return projects are as follows: To diversify return types and sites, piloting and modeling projects for the representative types and sites should be preceded. To emerge from customary small-scaled projects, incentives to encourage large-scale and ecological networking projects should be considered. In addition, in order to write up business plans for the fund return projects, long-term investigations of at least 2 seasons from spring to fall are necessary. Finally, for the continuous management and maintenance of the ecological fund return sites, easier way for the citizens to actively participate in the projects should be incorporated.

A Study on Lottery Fund Usage for Expanding Libraries and Promoting Reading Culture (도서관 확충과 독서문화 진흥을 위한 복권기금의 활용방안에 관한 연구)

  • Choi, Yong-Gwan
    • Journal of Korean Library and Information Science Society
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    • v.35 no.4
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    • pp.377-400
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    • 2004
  • Lottery fund which amounts 1 trillion 4,004 billion in m, has been used for establishing libraries and buying books as well as other materials. In this regard, it is important to know exact present conditions and characteristics of lottery fund and seek for the need to increase lottery fund for expanding libraries as well as promoting reading culture Also this study suggest the way how lottery fund can be used for library as an opportunity for solving the Pending issues that libraries has delayed for want of funds.

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Current Status of National Health Promotion Fund in Korea (국민건강증진기금 현황)

  • Kim, Juyeong;Lee, Joo Eun;Park, Eun-Cheol
    • Health Policy and Management
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    • v.27 no.4
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    • pp.366-371
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    • 2017
  • The National Health Promotion Fund has grown as the increase of tax on tobacco consumption, but more than half of the fund was spent on health insurance supporting. It is important to use the fund appropriately to keep legitimacy and sustainability of health promotion. Therefore, services regarding health promotion should be a priority in spending health promotion fund, and operation system should be established to manage and administer the fund properly.

A Study on Securing the Funds Liquidity of Construction Phase (건설공사단계의 자금 유동성 확보 방안에 관한 연구)

  • Je, Yeong-Deuk;Lee, Sang-Beom;Song, Ho-San
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.69-70
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    • 2011
  • During the financial crisis in the late 1990s, we witnessed the large corporations failing at one moment. It is clear that the debt-dependant size augmentation and duplicate investment, and the failure in fund liquidity adjustment were the greatest causes rather than the long-term strategic advantage. Such fact, however, has led to the introduction of advanced financial techniques and security/management of fund liquidity. In order to propose a method to secure fund liquidity at the construction level, this study considers the documentational/precedent studies on project financing among fund procurement methods. And the fund liquidity status at construction level is investigated domestically/internationally to analyze the fund flow. Finally, the actual data is used to analyze progress rate and sales rate to end with the proposal of the method to secure fund liquidity in the progression of this study.

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Disapproval Judgment System of Research Fund Execution Details Based on Artificial Intelligence

  • Kim, Yongkuk;Juan, Tan;Jung, Hoekyung
    • Journal of information and communication convergence engineering
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    • v.19 no.3
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    • pp.142-147
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    • 2021
  • In this paper, we propose an intelligent research fund management system that applies artificial intelligence technology to an integrated research fund management system. By defining research fund management rules as work rules, a detection model learned using deep learning is designed, through which the disapproval status is presented for each research fund usage history. The disapproval detection system of the RCMS implemented in this study predicts whether the newly registered usage details are recognized or disapproved using an artificial intelligence model designed based on the use of an 8.87 million research fund registered in the RCMS. In addition, the item-detail recommendation system described herein presents the usage details according to the usage history item newly registered by the artificial intelligence model through a correlation between the research cost usage details and the item itself. The accuracy of the recommendation was shown to be 97.21%.

A Study of Constructing Index Fund using Wavelet Analysis (웨이블릿 기법을 이용한 인덱스 펀드 구성에 관한 연구)

  • Cho, He Youn
    • The Journal of Information Systems
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    • v.18 no.3
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    • pp.351-373
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    • 2009
  • An index fund is a collective investment scheme that aims to replicate the movements of an index of a specific financial market regardless of market conditions. An index fund is a popular investment alternative because it is much cheaper to run than an active fund and it performs better than actively managed funds. This paper illustrates the usefulness of wavelet analysis in constructing an index fund. The wavelet analysis can decompose the time series data in frequency domain as well as in time domain. The major findings of this paper are as follows. First, the beta coefficient that represents the systematic risk has the scale dependent property. This result can provide important information to the investors with various investment time frequency. Investors can use the betas corresponding to their investment frequencies among the various scale betas estimated by wavelet analysis. Second, we can find the usefulness of wavelet analysis in constructing index fund because the wavelet technique gives less tracking error(difference between the index performance and the index fund performance) than the traditional constructing techniques. The result of this study implies that the wavelet techniques can be an important analytic method to the other financial markets such as option market, futures market, bond markets and currency market.

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