[Retracted] Cluster-Based Mutual Fund Classification and Price Prediction Using Machine Learning for Robo-Advisors

Table 4

Classification result of subclasses in categories 1 and 10.

Category	Subcategory	Share of stocks (%)	Share of bond (%)	Number of holders	Ratio of institutional investors (%)	Style
1	1	6	105	33689	65	Primary bond
	2	0	110	4019	97	Pure bond
	3	0	121	8	100	Institution customized bond
10	1	23	80	14744	90	Secondary bond
	2	78	11	71462	38	Low dividend stock
	3	23	76	14411	71	New stock