Persistence in performance of unit trusts : Singapore

118 p.

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Bibliographic Details
Main Authors:	Ang, Kenneth Teck Kiong, Chua, Ah Peng, Phua, Kian Seah
Other Authors:	Kang Choong Seok, Joseph
Format:	Final Year Project
Published:	2014
Subjects:	DRNTU::Business::Finance::Investments
Online Access:	http://hdl.handle.net/10356/57680
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Institution:	Nanyang Technological University

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spelling	sg-ntu-dr.10356-576802023-05-19T07:23:09Z Persistence in performance of unit trusts : Singapore Ang, Kenneth Teck Kiong Chua, Ah Peng Phua, Kian Seah Kang Choong Seok, Joseph Nanyang Business School DRNTU::Business::Finance::Investments 118 p. In this study, we examine the relation between past and future fund performance. Unlike past local studies, we also investigate the relation between persistent fund performance and three other determinants: Bid-Ask Spread, Fund Type, and Management Fee. The results indicate that the size of the Bid-Ask Spread is a cause of persistence in performance. Lower Bid-Ask Spreads tend to exhibit positive fund performance persistence in the long run. The type of fund also plays an important role in persistent fund performance. Central Provident Fund (CPF)-approved funds and Singapore/Malaysia funds display significantly positive persistence in the long run. In addition, funds with low management fees demonstrate positive persistent Mind performance while those with high management fees show significantly negative persistence in performance. BUSINESS 2014-04-07T10:54:44Z 2014-04-07T10:54:44Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57680 Nanyang Technological University application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Business::Finance::Investments
spellingShingle	DRNTU::Business::Finance::Investments Ang, Kenneth Teck Kiong Chua, Ah Peng Phua, Kian Seah Persistence in performance of unit trusts : Singapore
description	118 p.
author2	Kang Choong Seok, Joseph
author_facet	Kang Choong Seok, Joseph Ang, Kenneth Teck Kiong Chua, Ah Peng Phua, Kian Seah
format	Final Year Project
author	Ang, Kenneth Teck Kiong Chua, Ah Peng Phua, Kian Seah
author_sort	Ang, Kenneth Teck Kiong
title	Persistence in performance of unit trusts : Singapore
title_short	Persistence in performance of unit trusts : Singapore
title_full	Persistence in performance of unit trusts : Singapore
title_fullStr	Persistence in performance of unit trusts : Singapore
title_full_unstemmed	Persistence in performance of unit trusts : Singapore
title_sort	persistence in performance of unit trusts : singapore
publishDate	2014
url	http://hdl.handle.net/10356/57680
_version_	1772827488364265472

Persistence in performance of unit trusts : Singapore

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