characteristics of mutual fund

... than half of their household financial assets invested in mutual funds (Figure 6) Mutual fund owning households often hold more than one mutual fund In 2011, the median number of mutual funds owned ... Annual Mutual Fund Shareholder Tracking Survey Retirement Saving Is Often the Goal of Mutual Fund Investors Mutual fund owning households have a variety of financial goals for their mutual fund ... Annual Mutual Fund Shareholder Tracking Survey FIGURE Equity Funds Are the Most Commonly Owned Type of Mutual Fund Percentage of U.S households owning mutual funds, 2011 81 63 44 52 Equity funds...

Ngày tải lên: 19/02/2014, 15:20

... Mutual Funds Regulations4 1.1.3 All offer documents (ODs) of Mutual Fund schemes shall be filed with SEBI in terms of the Regulations5 1.1.3.1 Filing of Draft SID: a Draft SID of schemes of Mutual ... elaborated below: 1.11.1.1 Type of a scheme a Open ended/Close ended/Interval scheme b Sectoral Fund/ Equity Fund/ Balance Fund/ Income Fund/ Debt Fund/ Index Fund/ Any other type of Fund 1.11.1.2 Investment ... Clause (d) of sub-regulation (15) of Regulation 18 of SEBI (Mutual Funds) Regulations, 1996 15 Master Circular for Mutual Funds CHAPTER CONVERSION AND CONSOLIDATION OF SCHEMES AND LAUNCH OF ADDITIONAL...

Ngày tải lên: 19/02/2014, 09:20

... Former Fund Owners Have Mixed Impressions of the Mutual Fund Industry Familiarity with mutual fund companies Percentage of respondents who previously owned funds, 2011 Impression of mutual fund ... Viewed Mutual Fund Industry More Favorably Older Shareholders Viewed Mutual Fund Industry More Favorably Percentage of mutual fund shareholders familiar with mutual fund companies by age of head of ... Ownership of Mutual Funds Inside and Outside Retirement Plans Number and percentage of U.S households, 1998–2011 Share of U.S households Percent Own mutual funds Own mutual funds Own mutual funds...

Ngày tải lên: 19/02/2014, 09:20

... Former Fund Owners Have Mixed Impressions of the Mutual Fund Industry Familiarity with mutual fund companies Percentage of respondents who previously owned funds, 2012 Impression of mutual fund ... Ownership of Mutual Funds by Individual Investors Millions of individual U.S investors owning mutual funds, 1997–2012 Mutual fund owners per household  Millions of individuals owning mutual funds ... Seasoned Shareholders Viewed Mutual Fund Industry More Favorably Percentage of mutual fund shareholders familiar with mutual fund companies by year of first mutual fund purchase, 2012 Very favorable...

Ngày tải lên: 19/02/2014, 09:20

... OBJECTIVES OF THE STUDY: To evaluate and compare the performance of equity diversified mutual fund schemes of selected companies To compare the performance of equity diversified mutual fund schemes of ... measure with a sample of 269 open ended schemes (out of total schemes of 433) The results of performance measures suggest that most of the mutual fund schemes in the sample of 58 were able to satisfy ... prudential and UTI Mutual fund has lower level of risk compare to HDFC and Reliance mutual fund Beta is less than one to all selected mutual fund companies which means the funds are less volatile...

Ngày tải lên: 19/02/2014, 15:20

... somewhat Funds of funds are mutual funds that invest in other mutual funds The market for funds of funds has expanded considerably in recent years By the end of 2010, there were 966 funds of funds with ... Approximately 85 percent of the assets of funds of funds are in hybrid funds of funds, which are funds that invest in a mix of stock, bond, and hybrid mutual funds Figure 10 Money Market Funds Waived an ... References Stock funds includes both equity mutual funds and balanced/ hybrid mutual funds Balanced and hybrid funds that are funds of funds are analyzed separately along with all funds of funds in the...

Ngày tải lên: 19/02/2014, 15:20

... and iMoneyNet Funds of Funds Funds of funds are mutual funds that invest in other mutual funds.7 The market for funds of funds has expanded considerably in recent years By the end of 2011, there ... target date funds of funds account for 58 percent of the total number and 57 percent of the total assets of funds of funds From 2005 to 2011, the average expense ratio of funds of funds fell from ... there were 1,047 funds of funds with more than $1,046 billion in assets (Figure 12) Approximately 89 percent of the assets of funds of funds are in hybrid funds of funds, which are funds that invest...

Ngày tải lên: 19/02/2014, 15:20

... accounted for 24 percent of the U.S mutual fund assets Bond funds (22 percent) and hybrid funds (6 percent) held the remainder of total U.S mutual fund assets Figure (2): Percentage of total net assets, ... part of the fund In other words, each unit represents the investors’ ownership of the fund s assets and the revenue of such assets 1-3- Operational Structure of Mutual Funds in Iran The funds ... performance of Balanced Mutual Funds, whether micro, small, medium or large sized funds Nevertheless, Lin et al., (2011) investigated how the characteristics of mutual fund managers influenced their funds’...

Ngày tải lên: 16/03/2014, 17:20

... Exchange Board of India (iii) communicate to SEBI, the status of implementation of the provisions of this circular, as applicable Mutual Funds / AMCs are directed to create wide publicity of the scheme ... exercise of the powers conferred by Section 11 (1) of Securities and Exchange Board of India Act, 1992, Section 19 of the Depositories Act, 1996 and the Regulation 77 of SEBI (Mutual Funds) Regulations, ... section of the Securities and Exchange Board of India Act, 1992 (15 of 1992); “depository” means a company as defined in clause (e) of sub-section (1) of section of the Depositories Act, 1996 (22 of...

Ngày tải lên: 16/03/2014, 17:20

... fund- level observation For fund age, we use the oldest of all share classes 2384 Unobserved Actions of Mutual Funds Table Summary statistics Mean Number of distinct mutual funds 2543 Number of ... in the Mutual Fund Industry: A Case Study of S&P 500 Index Funds Quarterly Journal of Economics 119:303–56 Jensen, M C 1968 The Performance of Mutual Funds in the Period 1945–1964 Journal of Finance ... statistics for the sample of equity mutual funds over the period 1984 to 2003 The number of funds ranges from 244 (January 1984) to 1816 (April 2002) The vast majority of mutual funds in our sample...

Ngày tải lên: 30/03/2014, 12:20

... of the size of the fund industry across the world B Description of the World Fund Industry Table I provides a description of the size of the mutual fund industry across the world at the end of ... U.S., which has the largest fund industry in terms of the share of assets held, is also the largest in terms of the number of available mutual funds (8,307 funds at the end of 2001) France and Korea ... explosion of the mutual fund industry and an attendant expansion of academic research on this topic However, while the fund industry has grown all around the world, academic studies of mutual funds...

Ngày tải lên: 30/03/2014, 12:20

... some key characteristics of our sample of funds compared to the population of funds in Center for Research in Sector Price (CRSP), which fall into each of the four categories of stock funds that ... data, on average 57% of the fund years have complete monthly data, and 96% of the fund years are not missing more than months Less than 1% of the funds have only months of monthly data in any ... include not only holdings of traded equity but also holdings of bonds, options, futures, preferred stock, other mutual funds, nontraded equity, and cash Studies of mutual fund behavior from the...

Ngày tải lên: 30/03/2014, 15:20

... Market Fund / Wells Fargo Funds Trust Heritage Money Market Fund / Wells Fargo Funds Trust HSBC Prime Money Market Fund / HSBC Funds ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund ... Investor Money Fund / Charles Schwab Family of Funds Schwab Money Market Fund / Charles Schwab Family of Funds Schwab Retirement Advantage Money Fund / Charles Schwab Family of Funds Schwab Value ... Schwab Family of Funds Schwab Money Market Fund / Charles Schwab Family of Funds Schwab Retirement Advantage Money Fund / Charles Schwab Family of Funds Schwab Value Advantage Money Fund / Charles...

Ngày tải lên: 19/02/2014, 15:20

... Introduction Types of Funds Classes of Shares Mutual Fund Accounts Distributions by Funds Taxation of Mutual Funds Mutual Fund Expenses ... the management ability of the open-end investment company TYPES OF FUNDS The main types of mutual funds offered to investors include • Growth funds • Sector funds • Income funds Open-End Investment ... of Finance Mutual Fund Advisor Course Series and Series 63 Test Preparation John Wiley & Sons, Inc Boston Institute of Finance Mutual Fund Advisor Course Boston Institute of Finance Mutual Fund...

Ngày tải lên: 22/02/2014, 06:20

... BOND FUND OF AMERICA CLASS A A 097873103 ABNDX FRONT END NON-NTF N/A AMERICAN FUNDS Y 250 50 250 4:00 PM AMERICAN BOND FUND OF AMERICA CLASS B B 097873202 BFABX BACK END NON-NTF N/A AMERICAN FUNDS ... END NON-NTF N/A AMERICAN FUNDS AMERICAN GROWTH FUND OF AMERICA CLASS B B 399874205 AGRBX BACK END NON-NTF N/A AMERICAN FUNDS N 250 50 250 4:00 PM AMERICAN GROWTH FUND OF AMERICA CLASS C C 399874304 ... INCOME FUND OF AMERICA CLASS C C 453320301 IFACX BACK END NON-NTF N/A AMERICAN FUNDS Y 250 50 250 4:00 PM AMERICAN INCOME FUND OF AMERICA CLASS R1 R1 453320871 RIDAX NON-NTF N/A AMERICAN FUNDS...

Ngày tải lên: 07/03/2014, 08:20

... of fund i over quarter t, Manager Skilli,t-1 is the 12-month moving average of the monthly return gap measure for fund i as of the end of quarter t-1, Expensei,t is the annual expense ratio of ... ratio of fund i during quarter t; Turnoveri,t is the portfolio turnover of fund i during quarter t, Sizei,t is the size of fund i measured as the logarithm of total assets at the end of quarter ... Jegadeesh, and Russ Wermers, 2000, The value of active mutual fund management: An examination of the stockholdings and trades of fund managers, Journal of Financial and Quantitative Analysis 35,...

Ngày tải lên: 07/03/2014, 13:20

... growth funds, growth midcap funds, growth and income funds, growth funds, and small company growth funds) Our sample of French mutual funds has an exception from other European mutual funds, ... larger funds and fund families, index funds, funds of funds, guaranteed funds, and funds that require a higher minimum investment Geranio and Zanotti (2005) conducted research on Italian Funds ... the before-fee performance estimation of European funds Our sample universe is comprised of equity mutual funds of France which is one of the most important funds markets in Europe Our primary...

Ngày tải lên: 16/03/2014, 17:20

... mutual funds are performed at mutual fund level Nazir et.al (2010) assessed determinants of mutual fund growth focusing on equity funds in Pakistan Analysis of Thai mutual fund industry and competitive ... compositions of major category of Thai mutual fund, fixed income and equity funds, based on types of products Equity mutual funds can be categorized into two major types as shown in Panel A of Table ... type of equity mutual fund does not provide tax benefit by which investors are subjected to dividend tax earned from equity mutual funds Funds categorized as the first type of equity mutual funds...

Ngày tải lên: 16/03/2014, 17:20

... Introduction Types of Funds Classes of Shares Mutual Fund Accounts Distributions by Funds Taxation of Mutual Funds Mutual Fund Expenses ... the management ability of the open-end investment company TYPES OF FUNDS The main types of mutual funds offered to investors include • Growth funds • Sector funds • Income funds Open-End Investment ... of Finance Mutual Fund Advisor Course Series and Series 63 Test Preparation John Wiley & Sons, Inc Boston Institute of Finance Mutual Fund Advisor Course Boston Institute of Finance Mutual Fund...

Ngày tải lên: 23/03/2014, 12:20

... timing ability of Mutual fund manager They had used 57 open-ended Mutual funds during the period of 1953-1962 They found no evidence that the investment managers of any of the 57 Mutual funds had ... Investment management of Mutual funds His main emphasis was to evaluate the performance of Mutual fund schemes and test the market timing abilities of mutual funds manager over a period of April 1, 1994 ... Timing Ability of Mutual Funds by using different types of schemes OBJECTIVE OF THE STUDY The main objective of the present study is to test the market timing abilities of the Mutual funds managers...

Ngày tải lên: 23/03/2014, 12:21