My main findings are; (1) the alphas of Hedge fund are much higher than those of comparable mutual funds. (2) Both Hedge funds as well as Mutual Funds have outperformed benchmarks, (3) during recession or when market is down or stable, hedge funds outperform mutual funds (4) while ...
Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisonsdoi:10.1111/j.1540-6261.1987.tb02566.xThe authors' main goal in this paper is to ascertain whether conventional measures of abnormal mutual fund performance are sensitive to the benchmark chosen to measure normal...
Mutual funds and ETFs are two very different investment products. But, there are some similarities between ETFs and mutual funds as well. Moreover, ETFs are grabbing attention from mutual fund investors due to their unique features. Like they can they be traded like a common stock, very low ...
Best Infrastructure Mutual Fund Best Hybrid Mutual Fund Best Debt Mutual Fund Best Overnight Mutual Fund Best Gilt Mutual Fund Best Credit Risk Mutual Fund Top Articles Best ELSS Mutual Funds Based On 5 Year Sip Return December 2024 Decades of NIFTY 50 Performance: A Comprehensive Analysis of Ret...
Sharpe ratiois a performance metric that helps in estimating a mutual fund’s risk-adjusted returns. Risk-adjusted returns are the returns a mutual fund generates over and above the risk-free rate of return. The higher the ratio, the better the investment return in comparison to the risk. A...
Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons The authors' main goal in this paper is to ascertain whether conventional measures of abnormal mutual fund performance are sensitive to the benchmark chosen to measure normal performance. They employ the standard ...
The results are obtained on the basis of comparison with crisil and value research rating system. Our results provide practical application for investor to choose the best fund among all. It also help fund manager in better management of funds. 展开 ...
Mutual fund performance and the incentive to invest in active management It is well known that within US domestic equity mutual funds, actively managed funds significantly underperform index funds. However, this comparison ignores the fact that mutual funds targeted at different types of investors charg...
In doing so, the first items presented are the overall descriptive statistics for a sample of FOFs in comparison to traditional mutual funds and a summary of the relevant risk-adjusted performance data for these funds. Further analyses within the FOFs' sample consider the impact of ...
内容提示: Mutual fund performance, board compensation, board fund holdings and manager turnover Eric Fricke* January 17, 2006 *Eric Fricke is a Ph.D. student at Smeal College of Business, Pennsylvania State University. I am grateful for guidance from Michelle Lowry and Laura Field and for help...