Mutual fund performance: dividends do matter
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadata
Title
Mutual fund performance: dividends do matterDate
2015xmlui.dri2xhtml.METS-1.0.item-edition
PostprintPublisher
Taylor & FrancisBibliographic citation
DE MINGO LÓPEZ, Diego Víctor; MATALLÍN SÁEZ, Juan Carlos. Mutual fund performance: dividends do matter . Applied Economics Letters (2015), v. 22, Issue 6, pp. 455-460Type
info:eu-repo/semantics/articlePublisher version
http://www.tandfonline.com/doi/abs/10.1080/13504851.2014.948671?journalCode=rael20Version
info:eu-repo/semantics/acceptedVersionSubject
Abstract
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is used. Our empirical findings show how performance worsens when using a benchmark that includes reinvestment dividends. ... [+]
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is used. Our empirical findings show how performance worsens when using a benchmark that includes reinvestment dividends. We also find that inferences about managers’ ability related to economic states are biased by the effect of omitting dividends when selecting a benchmark. [-]
Is part of
Applied Economics Letters (2015), v. 22, Issue 6Rights
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- COFIN_Articles [215]