Bond Fund Versus Islam Bond Fund: A Comparison of the Performance of Fixed Income Funds in Malaysia

• Main Authors: Aminah Shari, Mohd Zulkarnain Bahrun
• Format: Article
• Language: English; English
• Published: Human Resource Management Academic Research Society 2023
• Subjects: BP1-68 General; HG3810-4000 Foreign exchange. International finance. International monetary system
• Online Access: https://eprints.ums.edu.my/id/eprint/38424/1/ABSTRACT.pdf; https://eprints.ums.edu.my/id/eprint/38424/2/FULL%20TEXT.pdf; https://eprints.ums.edu.my/id/eprint/38424/; http://dx.doi.org/10.6007/IJARAFMS/v13-i3/18903
• Institution: Universiti Malaysia Sabah

This study examines 43 bond funds and 24 Islamic bond funds in Malaysia from 1 August 2016 to 30 July 2021. This study analyses the performance of fixed income fund portfolios using risk-adjusted models: Treynor ratio, Sharpe ratio, and Jensen alpha. The Wilcoxon signed rank test was done on the top...