Can Mutual Fund “Stars” Really Pick Stocks? Evidence from Taiwan’s Equity Funds Using Bootstrap Analysis
碩士 === 臺灣大學 === 國際企業學研究所 === 98 === This paper uses 192 domestic equity mutual funds as sample to examine if their investment performance comes from “luck” or otherwise. First, we use three models, namely CAPM, Fama and French`s 3-factor model and Carhart`s 4-factor model, to estimate the performanc...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/28278568419507764405 |