THE EFFECT OF SOME VARIABLES ON THE PERFORMANCE OF FIXED INCOME MUTUAL FUNDS

Amount: THE EFFECT OF SOME VARIABLES ON THE PERFORMANCE OF FIXED INCOME MUTUAL FUNDS

Authors: Daily Idris

Item Type: Thesis

Memberships: Master of Management Study Program, Faculty of Economics and Business Universitas Airlangga Surabaya, Indonesia

Publisher: Airlangga University

Abstract

Mutual funds are a forum for collecting funds from the investor community to be reinvested in securities portfolios by investment managers, and kept by custodian banks. So this container serves to collect funds first, after that the funds are used to buy securities portfolios. This study aims to analyze the effect of total asset turnover, load - no load status, expense ratio, and quick ratio on the financial performance of fixed income mutual funds. The study was conducted on 14 RDPT that met the requirements of the proposed sample and with a period of 2 years. The analytical model that is suitable for the purpose of this study is multiple linear regression and was carried out with the help of the computer SAS program. The results showed that total asset turnover, load no load status, expense ratio and quick ratio simultaneously had a significant effect on the performance of fixed income mutual funds with a contribution of 44,88%. This study also shows that total asset turnover has a positive partial and significant effect on the performance of fixed income mutual funds, besides that it was also found that the expense ratio has a partial and negative effect on the performance of fixed income mutual funds, as for the load - no load and quick status variables. ratio partially does not affect the performance of fixed income mutual funds

Keywords: MUTUAL FUNDS; INVESTMENTS

sources: http://repository.unair.ac.id/34816/