Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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C: FINANCE1QN19
The number of mutual funds that were professionally managed is on the rise. Consequently, the importance of evaluating the performance of mutual funds has also increased. Investors prefer investing in such stocks that have performed better compared to other alternatives since investors always like to choose fund managers on a comparative basis. This study has endeavoured to address this issue by measuring the performance of mutual funds managed by ICB (Investment Corporation of Bangladesh) through Treynor Index, Sharpe Index, Jensen Alpha, and Fama Decomposition. This study has found that the performance of ICB mutual funds is satisfactory in the context of mutual funds sector of Bangladesh. However, there remain several shortcomings in managing the portfolios by the portfolio managers of ICB. Much of the underperformance of ICB mutual funds is attributable to the bureaucratic systems and structural rigidity of ICB.
Abu Bakar Seddeke. 2016. \u201cEvaluation of Portfolio Performance of the Investment Corporation of Bangladeshas Mutual Funds\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C6): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 102
Country: Bangladesh
Subject: Global Journal of Management and Business Research - C: Finance
Authors: Abu Bakar Seddeke, Mahbubur Rahman (PhD/Dr. count: 0)
View Count (all-time): 147
Total Views (Real + Logic): 3752
Total Downloads (simulated): 1852
Publish Date: 2016 06, Tue
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The number of mutual funds that were professionally managed is on the rise. Consequently, the importance of evaluating the performance of mutual funds has also increased. Investors prefer investing in such stocks that have performed better compared to other alternatives since investors always like to choose fund managers on a comparative basis. This study has endeavoured to address this issue by measuring the performance of mutual funds managed by ICB (Investment Corporation of Bangladesh) through Treynor Index, Sharpe Index, Jensen Alpha, and Fama Decomposition. This study has found that the performance of ICB mutual funds is satisfactory in the context of mutual funds sector of Bangladesh. However, there remain several shortcomings in managing the portfolios by the portfolio managers of ICB. Much of the underperformance of ICB mutual funds is attributable to the bureaucratic systems and structural rigidity of ICB.
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