Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
En analys av svenska fonders prestationer och deras samband med avgifter
University West, Department of Economics and IT, Divison of Law, Economics, Statistics and Politics.
University West, Department of Economics and IT, Divison of Law, Economics, Statistics and Politics.
2015 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [sv]

I denna uppsats analyseras prestationerna av tjugo stycken fonder som investerar i aktier på den svenska marknaden. Studien grundar sig på månadsdata för perioden 2010-2015 vilket resulterar i 60 observationer för respektive fond. Vi använder oss av den välkända modellen Capital Asset Price Model samt Jensens alfa och Sharpekvoten för att analysera fondernas prestationer. Utöver detta så undersöks även sambandet mellan fondernas avkastning och avgifter med hjälp av deras korrelationskoefficienter. Resultaten indikerar på att fonderna i genomsnitt har överpresterat marknaden, detta kunde dock inte fastställas på grund av icke signifikanta värden. Vi finner också ett negativt samband mellan fondernas avkastning och deras avgifter, dock har även resultaten av korrelationen visat sig vara icke signifikanta och går därmed inte att fastställa fullt ut.

Abstract [en]

In this paper we study the performance of twenty mutual funds on the Swedish market for the period 2010-2015. The data on which the study was based on is monthly and therefore include 60 observations for each mutual fund. We use Capital Asset Price Model, Jensen's alpha and the Sharpe ratio to estimate the performance of these funds. In addition to this we also study the relation between fees and performance using correlation coefficient. The result indicates that on average the funds have outperformed the market but it turned out to be non-significant and therefore we cannot rely on that conclusion. We also find a negative relationship between mutual fund fees and their performance, but this result is also non-significant.

Place, publisher, year, edition, pages
2015. , 27 p.
Keyword [en]
Swedish mutual funds, Mutual fund performance, fees, CAPM, Jensen’s Alpha
Keyword [sv]
Svenska fonder, avkastning, avgifter, CAPM, Jensens Alfa
National Category
Economics
Identifiers
URN: urn:nbn:se:hv:diva-8152Local ID: NAX500OAI: oai:DiVA.org:hv-8152DiVA: diva2:854850
Subject / course
Nationalekonomi
Educational program
Mäklarekonom
Supervisors
Examiners
Available from: 2015-09-21 Created: 2015-09-18 Last updated: 2015-09-21Bibliographically approved

Open Access in DiVA

No full text

By organisation
Divison of Law, Economics, Statistics and Politics
Economics

Search outside of DiVA

GoogleGoogle Scholar

Total: 262 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf