The disposition effect among mutual fund participants : a re- examination

Using information on mutual fund trades executed from 1998 to 2017 by 31,513 individual investor clients of a major Portuguese financial institution, we study the relationship between the disposition effect, financial literacy and trading experience. We find that mutual fund investors exhibit strong...

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Bibliographic Details
Main Author: Pereira, Paulo (author)
Other Authors: Mendes, Victor (author), Abreu, Margarida (author)
Format: workingPaper
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10400.5/20040
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/20040