How to profit from mutual fund performance persistence?
This thesis demonstrates that mutual fund performance persistence can be profitably exploited with a simple investment strategy. Funds are invested based on the top decile of an ex-ante raw returns rank. Strategy was tested under diverse circumstances and in different fund categories. It is demonstr...
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| Format: | masterThesis |
| Language: | eng |
| Published: |
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.14/11863 |
| Country: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/11863 |