The Determinants of Mutual Fund Performance – The Offshore Funds in Taiwan

碩士 === 國立高雄應用科技大學 === 金融系金融資訊碩士在職專班 === 105 === The purpose of this thesis is to investigate the determinants of offshore mutual fund performance, the study samples are offshore mutual funds approved by the competent authority between year 2000 to 2015, and use Regression Analysis to understand the...

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Bibliographic Details
Main Authors: CHEN,CHUN-MEI, 陳春美 
Other Authors: CHENG, YEN-SHIN
Format: Others
Language:zh-TW
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/97535739510308784699
Description
Summary:碩士 === 國立高雄應用科技大學 === 金融系金融資訊碩士在職專班 === 105 === The purpose of this thesis is to investigate the determinants of offshore mutual fund performance, the study samples are offshore mutual funds approved by the competent authority between year 2000 to 2015, and use Regression Analysis to understand the determinants that affect offshore mutual fund performance. Empirical results are as follows: the relationship between the determinants such as “distribution yield”, “history of establishment”, “fund asset size” and the fund performance are positive relationship. The custodian fee and fund performance are opposite relationship, between “management fee”, “sales fee” and the fund performance are positive relationship. The performance of fund’s remuneration of fund types are roughly small equity funds are better than equity funds, equity funds are better than balanced funds, balanced funds are better than bond funds, but the long-term performance of fund’s remuneration shows the bond type is better than the balanced funds.