OCENA EFEKTYWNOŚCI FUNDUSZY TOWAROWYCH NA PRZYKŁADZIE FUNDUSZY METALI SZLACHETNYCH
EFFICIENCY OF THE COMMODITY FUNDS ON THE EXAMPLE OF PRECIOUS METALS
Author(s): Urszula GierałtowskaSubject(s): Economy, Evaluation research, Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: commodity ETFs; precious metals; tracking error; passive management funds;
Summary/Abstract: The purpose of this article is to characterize commodity ETFs and assessment of their efficiency. Commodity ETF is a new financial instrument on capital market. The basic advantages of ETF are: high liquidity, simplicity and clarity of the instrument, low cost. Commodity ETFs are the most popular means of adding commodity exposure into traditional portfolios of investors. This article is limited only to the analysis of the largest group of commodity ETFs – precious metals funds. The research in the capital market was carried in the period 2009 – I half of 2015.
Journal: Studia i Prace WNEIZ US
- Issue Year: 2015
- Issue No: 42/1
- Page Range: 181-201
- Page Count: 21
- Language: Polish
