mutual fundmomentum strategiesThe innovation in our paper is to look at the idiosyncratic risk of mutual fund in addition to the volatility of mutual fund returns. If idiosyncratic risk candoi:10.2139/ssrn.1340785Jia Hui LinMin-Hsien Chiang
Types of Risks Involved in Mutual Fund Investment? All investments carry some degree of risk. Though mutual fund is considered a diversified investment vehicle, it does not eliminate the risk completely. Still the risk involved in investing through the mutual fund will be much less than that when...
mutual fund共同基金—portfolio投资组合—risk风险—___认购unit16investors投资者issuing bonds发行债券princ
This study aims to know the effect of Leverage and Asset Prices on Mutual Fund Risk. This research was conducted at equity mutual fund companies listed in OJK for the period 2018-2019. This study used purposive sampling with a total sample of 23 equity mutual funds. The type of data used...
mutual fund ratingsIn the mutual funds industry the rating process is very important, and Morningstar is surely the most influential international rating agency. In this work we consider the problem of evaluating if the risk component is adequately accounted for in the Morningstar rating. To face...
This paper examines the agency conflict between mutual fund investors and mutual fund companies. Investors would like the fund company to use its judgment to maximize risk-adjusted fund returns. A fund company, however, in its desire to maximize its value as a concern has an incentive to take...
False discoveries in mutual fund performance: Measuring luck in estimated alphas. Journal of Finance 65(1), 179-216. Benjamini, Y. and Y. Hochberg (1995). Controlling the false discovery rate: a practical and powerful approach to multiple testing. Journal of the Royal Statistical Society Series...
Mutual fund investors should avoidactively managedfunds with high R-squared ratios, which are generally criticized by analysts as being "closet"index funds. In such cases, it makes little sense to pay higher fees for professional management when you can get the same or better results from an in...
Mutual funds are now the preferred way for individual investors and many institutions to participate in capital markets, and their popularity has increased demand for evaluations of fund performance. Many business publications now rank mutual funds according to their performance, and information services ...
For example, in addition to wanting to know whether a mutual fund beat the S&P 500, we also want to know its comparative risk. One measure for this isbeta. Also called market risk, beta is based on the statistical property ofcovariance. A beta greater than 1 indicates more risk than the...