Title: THE INFLUENCE OF SOME VARIABLES ON THE PERFORMANCE OF FIXED INCOME MUTUAL FUNDS
Author: Hariany Idris
Item Type : Thesis (Thesis)
Affiliations: Master of Management Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
Mutual funds are a forum for collecting funds from the investing public to be reinvested in securities portfolios by investment managers, and kept by custodian banks. So this forum functions to collect funds first, after that these funds are used to buy a portfolio of securities. This research aims to analyze the influence of total asset turnover, load - no load status, expense ratio, and quick ratio on the financial performance of fixed income mutual funds. The research was conducted on 14 RDPTs that met the proposed sample requirements and over a 2 year period. The analysis model that suits the objectives of this research is multiple linear regression and is carried out with the help of the SAS computer program. The research results show that total asset turnover, no load status, expense ratio and quick ratio simultaneously have a significant effect on the performance of fixed income mutual funds with a contribution of 44.88%. This research also shows that total asset turnover has a partial and significant positive effect on the performance of fixed income mutual funds, besides that it was also found that the expense ratio has a partial and significant negative effect on the performance of fixed income mutual funds, as for the load - no load and quick status variables. The partial ratio has no effect on the performance of fixed income mutual funds
Keywords: MUTUAL FUNDS; INVESTMENT
Sources: http://repository.unair.ac.id/34816/
