The size conundrum: Exploring the size and scale of Philippine mutual funds
Mutual funds are pool of investments from investors who share a common financial goal. This type of investment makes money when a security can pay the dividends and interests associated to the fund, or when a security rises in value. In the Philippines, there are currently four basic types of mutual...
Saved in:
Main Authors: | , , , |
---|---|
Format: | text |
Language: | English |
Published: |
Animo Repository
2016
|
Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/8501 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | De La Salle University |
Language: | English |
id |
oai:animorepository.dlsu.edu.ph:etd_bachelors-9146 |
---|---|
record_format |
eprints |
spelling |
oai:animorepository.dlsu.edu.ph:etd_bachelors-91462021-08-20T06:45:19Z The size conundrum: Exploring the size and scale of Philippine mutual funds Bernales, Christine Marie E. Combenido, Nicole Anne B. Torda, Andre' Dominique Trinidad, Franco Luis Mutual funds are pool of investments from investors who share a common financial goal. This type of investment makes money when a security can pay the dividends and interests associated to the fund, or when a security rises in value. In the Philippines, there are currently four basic types of mutual funds, namely: balanced, bond, money market and equity funds. This study would focus on the last mentioned type of mutual fund, the equity fund. Fund size, economies of scale and diseconomies of scale are issues that could impact the performance of mutual funds. This paper aims to study the effects of the aforementioned factors on six active equity mutual funds in the Philippines for the period 2008-2015. The results show that the performance of mutual funds are not dependent on the size of the fund, rather it depends on how long it has been in the industry since fund age and the management age are the most significant variables in the study. Moreover, it depends on the approach of the fund manager and his intentions to invest the money in either small to big caps, high or low book market stocks, or winner or loser stocks. 2016-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/8501 Bachelor's Theses English Animo Repository Mutual funds--Philippines Stocks--Philippines |
institution |
De La Salle University |
building |
De La Salle University Library |
continent |
Asia |
country |
Philippines Philippines |
content_provider |
De La Salle University Library |
collection |
DLSU Institutional Repository |
language |
English |
topic |
Mutual funds--Philippines Stocks--Philippines |
spellingShingle |
Mutual funds--Philippines Stocks--Philippines Bernales, Christine Marie E. Combenido, Nicole Anne B. Torda, Andre' Dominique Trinidad, Franco Luis The size conundrum: Exploring the size and scale of Philippine mutual funds |
description |
Mutual funds are pool of investments from investors who share a common financial goal. This type of investment makes money when a security can pay the dividends and interests associated to the fund, or when a security rises in value. In the Philippines, there are currently four basic types of mutual funds, namely: balanced, bond, money market and equity funds. This study would focus on the last mentioned type of mutual fund, the equity fund.
Fund size, economies of scale and diseconomies of scale are issues that could impact the performance of mutual funds. This paper aims to study the effects of the aforementioned factors on six active equity mutual funds in the Philippines for the period 2008-2015.
The results show that the performance of mutual funds are not dependent on the size of the fund, rather it depends on how long it has been in the industry since fund age and the management age are the most significant variables in the study. Moreover, it depends on the approach of the fund manager and his intentions to invest the money in either small to big caps, high or low book market stocks, or winner or loser stocks. |
format |
text |
author |
Bernales, Christine Marie E. Combenido, Nicole Anne B. Torda, Andre' Dominique Trinidad, Franco Luis |
author_facet |
Bernales, Christine Marie E. Combenido, Nicole Anne B. Torda, Andre' Dominique Trinidad, Franco Luis |
author_sort |
Bernales, Christine Marie E. |
title |
The size conundrum: Exploring the size and scale of Philippine mutual funds |
title_short |
The size conundrum: Exploring the size and scale of Philippine mutual funds |
title_full |
The size conundrum: Exploring the size and scale of Philippine mutual funds |
title_fullStr |
The size conundrum: Exploring the size and scale of Philippine mutual funds |
title_full_unstemmed |
The size conundrum: Exploring the size and scale of Philippine mutual funds |
title_sort |
size conundrum: exploring the size and scale of philippine mutual funds |
publisher |
Animo Repository |
publishDate |
2016 |
url |
https://animorepository.dlsu.edu.ph/etd_bachelors/8501 |
_version_ |
1772834726193659904 |