The investment decision making under uncertainty

The article deals with the decision making process in the field of capital market, concretely with open shares funds. At the beginning we choose the set of particular shares funds for future investment. The offer of funds of Investment company Ceska sporitelna is accepted by potential investor. For cut-down of extensive set of shares funds the multiple criteria evaluation method is applied. This method is based on a measurement of distance from basal and ideal alternative. Under the stochastic character of evaluation several ranking scenarios are created. The final order is stated by the assignment problem. After the fund set reduction we should select some of interactive multiple objective programming methods in order to make the final investment portfolio. In the decision making process, we take into account the DM fuzzy preferences in the sense desired values of objective functions. The applied method also includes stochastic elements leading to scenario analysis. In the end the "optimal" investment portfolio is designed.