Mutual funds v/s Index funds: are index funds (passive investment strategy) a better investment option than mutual funds (active investment strategy), in terms of providing higher risk-adjusted returns.

Abstract This study examines the performance of forty UK unit trusts over a period of five years from September 2002 to August 2008. The performance of these trusts is examined in terms of their selectivity abilities and timing abilities. The study employs Sharpe ratio, Treynor ratio and Jensen...

Full description

Bibliographic Details
Main Author: Kapur, Chetan
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Online Access:https://eprints.nottingham.ac.uk/21623/