Effect of Characteristics Factors on The Performance of Equity Funds
碩士 === 朝陽科技大學 === 財務金融系碩士班 === 98 === Most of the investment because of limited funds, and in the face of the type and number range of mutual funds, how to choose a good fund performance is investor goal. In this study, in March 2004 to September 2009 between the stock market during the study period...
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ndltd-TW-098CYUT53040462015-10-13T18:35:38Z http://ndltd.ncl.edu.tw/handle/53416116151905540963 Effect of Characteristics Factors on The Performance of Equity Funds 基金特性因子對股票型基金績效的影響 Ting-yuan Hsu 許婷媛 碩士 朝陽科技大學 財務金融系碩士班 98 Most of the investment because of limited funds, and in the face of the type and number range of mutual funds, how to choose a good fund performance is investor goal. In this study, in March 2004 to September 2009 between the stock market during the study period, due to the occurrence of subprime mortgages, so in March 2004 to September 2008 to do it again, and by using 75 open-ended equity mutual fund for the study sample, the use of Carhart (1997) four-factor model to measure fund performance, fund characteristics of the relationship between factors on the performance. The results showed that the number of months and the investment trust fund set up fees for the storage rate and the fund performance was a significant negative correlation, while the other fund size, fund beneficiaries, fund expense ratio and fund managers buy and sell all turnover rate was positively correlated with fund performance. Cheng-Yih Hong Jeng -Jii Wang 洪振義 王正己 2010 學位論文 ; thesis 48 zh-TW |
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碩士 === 朝陽科技大學 === 財務金融系碩士班 === 98 === Most of the investment because of limited funds, and in the face of the type and number range of mutual funds, how to choose a good fund performance is investor goal. In this study, in March 2004 to September 2009 between the stock market during the study period, due to the occurrence of subprime mortgages, so in March 2004 to September 2008 to do it again, and by using 75 open-ended equity mutual fund for the study sample, the use of Carhart (1997) four-factor model to measure fund performance, fund characteristics of the relationship between factors on the performance. The results showed that the number of months and the investment trust fund set up fees for the storage rate and the fund performance was a significant negative correlation, while the other fund size, fund beneficiaries, fund expense ratio and fund managers buy and sell all turnover rate was positively correlated with fund performance.
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author2 |
Cheng-Yih Hong |
author_facet |
Cheng-Yih Hong Ting-yuan Hsu 許婷媛 |
author |
Ting-yuan Hsu 許婷媛 |
spellingShingle |
Ting-yuan Hsu 許婷媛 Effect of Characteristics Factors on The Performance of Equity Funds |
author_sort |
Ting-yuan Hsu |
title |
Effect of Characteristics Factors on The Performance of Equity Funds |
title_short |
Effect of Characteristics Factors on The Performance of Equity Funds |
title_full |
Effect of Characteristics Factors on The Performance of Equity Funds |
title_fullStr |
Effect of Characteristics Factors on The Performance of Equity Funds |
title_full_unstemmed |
Effect of Characteristics Factors on The Performance of Equity Funds |
title_sort |
effect of characteristics factors on the performance of equity funds |
publishDate |
2010 |
url |
http://ndltd.ncl.edu.tw/handle/53416116151905540963 |
work_keys_str_mv |
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