Text
Application of sharpe, Treynor. Jensen, information ratio, and DEA super efficiency methods to measuring performance of equity mutual funds in Indonesia for periods 2004-2005
Mutual funds products in Indonesia are growing as popular investment vehicle. The question, is mutual funds (portfolio) return after deducing all related costs still high enough to compensate investment risk? This paper try to measure Indonesian equity mutual funds performance by applying 5 different methods which are Sharpe, Treynor, Jensen, Information Ration, and DEA (Data Envelopment Analysis) Super Efficiency. Methods like Sharpe, Treynor, Jensen, and Information Ratio are common for measuring mutual funds performance but DEA Super Efficiency is relatively new. Application of DEA Super Efficiency as mutual funds performance measurement is modified from research by Wilkens et. al.. Generally Indonesian equity mutual funds performance in 2004 are better than 2005. In 2004, the best mutual funds based on all measurement methods are " Si Dana Saham" from PT. Batavia Prosperindo Aset Manajemen. And for 2005, the best mutual funds based on all measurement methods are "Platinum Saham" from PT. Platinum Assets Management..Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : Lembaga Manajemen Fakultas Ekonomi Universitas Indonesia |
|---|---|
| Edisi | - |
| Subjek | Investment Mutual funds Data envelopment analysis |
| ISBN/ISSN | 3029859 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |