INVESTMENT FUNDS – RETURNS, RISK AND FEES DEPENDENCIES IN POLAND AND UK IN 2015 Cover Image

INVESTMENT FUNDS – RETURNS, RISK AND FEES DEPENDENCIES IN POLAND AND UK IN 2015
INVESTMENT FUNDS – RETURNS, RISK AND FEES DEPENDENCIES IN POLAND AND UK IN 2015

Author(s): Alicja Fraś
Subject(s): Evaluation research, Financial Markets
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: correlation; investment funds; fees; rate of return;

Summary/Abstract: Common phenomenon is the positive relation between risk level and return. Investor would also expect that the higher the mutual fund fee, the more active is the management, so risk is increased. Then, as a payoff for higher charges and risk, he or she anticipates higher returns. It turns out that at least in Poland in 2015 rates of return did not go up as risk increased, and most risky funds lagged by 5 pp. in rates of return. Most expensive funds in Poland lost 8 pp. versus the cheapest, whereas in UK top-fees funds’ returns were 2 pp. lower.

  • Issue Year: 2018
  • Issue No: 519
  • Page Range: 63-76
  • Page Count: 14
  • Language: English
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