Racjonalność lokowania nadwyżek finansowych na rynku kapitałowym poprzez zakup jednostek uczestnictwa funduszy inwestycyjnych
Rationality of Financial Surpluses Placement on the Capital Market through the Purchase of Investment Funds Participation Units

Summary/Abstract: The paper presents the author's reflections on the rationality of investing in the capital market through the purchase of participation units in investment funds. Investment Funds are most often seen as professional investors, who, based on their knowledge and experience and by economies of scale, are able to achieve abovestandard returns on their investments and minimize the risk associated with such investments. However, empirical studies show that while investment funds are actually able to effectively reduce the average level of risk associated with investing in the capital market, they are generally unable to generate above-average profits.

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