Efektywność wybranych FIO rynku akcji w latach 2003-2011
The efficiency of selected open-end mutual funds in the stock market in years 2003-2011
Author(s): Paweł JamrózSubject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: efficiency; mutual funds; stock exchange
Summary/Abstract: The aim of the article is evaluation of investment efficiency of open-end mutual funds in the stock market. The research was led using Sharpe, Treynor and Jensen's ratios for 15 equity open-end mutual funds between January 2003 and December 2011. The ranking of funds for boom and recession periods at the Warsaw Stock Exchange has been constructed on the basis of appointed ratios.
Journal: Finanse, Rynki Finansowe, Ubezpieczenia
- Issue Year: 2013
- Issue No: 63
- Page Range: 193-206
- Page Count: 14
