How Does Size Affect Mutual Fund Performance? Evidence from Mutual Fund Trades
This paper uses a unique sample of actual fund trades combined with fund portfolio holdings to investigate why larger mutual funds underperform smaller-size funds. Contrary to the idea that larger funds experience greater transaction costs, we find precisely the opposite: larger funds experience low...
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| المؤلفون الرئيسيون: | , , , |
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| التنسيق: | text |
| اللغة: | English |
| منشور في: |
Institutional Knowledge at Singapore Management University
2013
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| الموضوعات: | |
| الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/lkcsb_research_smu/154 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1260&context=lkcsb_research_smu |
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