This study aims at elucidating the correlation between the education background of fund managers and their fund performance. The researchers adopt the fund performance of various fund managers in Taiwan in 2013 as the research sample. The empirical results indicate that female fund managers outperform male fund managers; fund managers who receive an overseas education outperform those who receive their education in Taiwan; those with an undergraduate degree outperform those with a graduate or postgraduate degree; those from unrelated education departments outperform those from business management departments; and fund managers with previous experience in an accounting firm perform more stably compared with those who work in other industries. Key Words: Fund Manager, Fund Performance, Educational Background.