Evaluation of the Performance of Mutual Funds Traded on Borsa Istanbul
Abstract
The basic purpose of this study is to evaluation of the performance of mutual funds traded on Borsa Istanbul. The study has four stages. In the first stage, mutual funds returns have been calculated. In the second stage, mutual funds have been determined whether or not there is an abnormal return, in the third stage, the results have been tested statistical significance. In the fourth stage, relationship between mutual funds and BIST100 indices has been determined. In summary, there is abnormal return in the eight mutual funds which is traded in Borsa Istanbul. The abnormal return is statistically significant. In addition, there is a cointegration relationship between mutual funds and BIST100 indices in the long term.
Keywords
Kaynakça
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Ayrıntılar
Birincil Dil
Türkçe
Konular
İşletme
Bölüm
Araştırma Makalesi
Yazarlar
Yayımlanma Tarihi
1 Temmuz 2016
Gönderilme Tarihi
1 Ocak 2016
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 1970 Cilt: 8 Sayı: 3