Another Look at Portfolio Turnover and Mutual Fund Performance
-
Published:2017-09-02
Issue:10
Volume:9
Page:95
-
ISSN:1916-9728
-
Container-title:International Journal of Economics and Finance
-
language:
-
Short-container-title:IJEF
Author:
Amadi Confidence W.,Amadi Felicia Y.
Abstract
The objective of this study was to investigate the factors that correlated with mutual fund portfolio turnover using the variables that are associated with studies on portfolio turnover. Most studies on portfolio turnover considered it as an independent variable in explaining the performance of mutual funds. We take a different approach and treat turnover as the dependent variable. Our regression analysis show that the portfolio manager’s tenure explains the variability in portfolio turnover. We also find that the one-year portfolio returns and assets under management strongly correlates with portfolio turnover.
Publisher
Canadian Center of Science and Education
Subject
Energy Engineering and Power Technology,Fuel Technology
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献