메뉴 건너뛰기




Volumn 27, Issue 7, 2003, Pages 1245-1271

Should you carry the load? A comprehensive analysis of load and no-load mutual fund out-of-sample performance

Author keywords

Load adjusted returns; Loads; Mutual funds; Out of sample performance

Indexed keywords


EID: 0038692370     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0378-4266(02)00256-X     Document Type: Article
Times cited : (23)

References (18)
  • 1
    • 0038017982 scopus 로고    scopus 로고
    • An anatomy of Morningstar ratings
    • Blume M.E. An anatomy of Morningstar ratings Financial Analysts Journal 54 2 1998 19-27
    • (1998) Financial Analysts Journal , vol.54 , Issue.2 , pp. 19-27
    • Blume, M.E.1
  • 4
    • 0001551506 scopus 로고    scopus 로고
    • Risk taking by mutual funds as a response to incentives
    • Chevalier J. Ellison G. Risk taking by mutual funds as a response to incentives Journal of Political Economy 105 6 1997 1167-1200
    • (1997) Journal of Political Economy , vol.105 , Issue.6 , pp. 1167-1200
    • Chevalier, J.1    Ellison, G.2
  • 5
    • 0038694429 scopus 로고    scopus 로고
    • The performance of global bond mutual funds
    • Detzler M.L. The performance of global bond mutual funds Journal of Banking and Finance 23 8 1999 1195-1217
    • (1999) Journal of Banking and Finance , vol.23 , Issue.8 , pp. 1195-1217
    • Detzler, M.L.1
  • 6
    • 84986522921 scopus 로고
    • Investment performance of international mutual funds
    • Droms W.G. Walker D.A. Investment performance of international mutual funds Journal of Financial Research 18 1 1994 1-14
    • (1994) Journal of Financial Research , vol.18 , Issue.1 , pp. 1-14
    • Droms, W.G.1    Walker, D.A.2
  • 7
    • 0010858944 scopus 로고    scopus 로고
    • The persistence of risk-adjusted mutual fund performance
    • Elton E.J. Gruber M.J. Blake C.R. The persistence of risk-adjusted mutual fund performance Journal of Business 69 2 1996 133-157
    • (1996) Journal of Business , vol.69 , Issue.2 , pp. 133-157
    • Elton, E.J.1    Gruber, M.J.2    Blake, C.R.3
  • 9
    • 21144474059 scopus 로고
    • Efficiency with costly information: A reinterpretation of evidence from managed portfolios
    • Elton E.J. Gruber M.J. Das S. Hlavka M. Efficiency with costly information: A reinterpretation of evidence from managed portfolios Review of Financial Studies 6 1 1993 1-22
    • (1993) Review of Financial Studies , vol.6 , Issue.1 , pp. 1-22
    • Elton, E.J.1    Gruber, M.J.2    Das, S.3    Hlavka, M.4
  • 10
    • 0038356089 scopus 로고
    • Are load mutual funds worth the price?
    • Fortin R. Michelson S.E. Are load mutual funds worth the price? Journal of Investing 4 3 1995 89-94
    • (1995) Journal of Investing , vol.4 , Issue.3 , pp. 89-94
    • Fortin, R.1    Michelson, S.E.2
  • 11
    • 84971947408 scopus 로고
    • A study of monthly mutual fund returns and performance evaluation techniques
    • Grinblatt M. Titman S. A study of monthly mutual fund returns and performance evaluation techniques Journal of Financial and Quantitative Analysis 29 3 1994 419-444
    • (1994) Journal of Financial and Quantitative Analysis , vol.29 , Issue.3 , pp. 419-444
    • Grinblatt, M.1    Titman, S.2
  • 12
    • 0039056269 scopus 로고    scopus 로고
    • Another puzzle: The growth in actively managed mutual funds
    • Gruber M.J. Another puzzle: The growth in actively managed mutual funds Journal of Finance 51 3 1996 783-810
    • (1996) Journal of Finance , vol.51 , Issue.3 , pp. 783-810
    • Gruber, M.J.1
  • 13
    • 0002311906 scopus 로고
    • Efficiency with costly information: A study of mutual fund performance 1965-1984
    • Ippolito R.A. Efficiency with costly information: A study of mutual fund performance 1965-1984 Quarterly Journal of Economics 104 1 1989 1-23
    • (1989) Quarterly Journal of Economics , vol.104 , Issue.1 , pp. 1-23
    • Ippolito, R.A.1
  • 14
    • 0000486548 scopus 로고
    • The performance of mutual funds in the period 1945-1964
    • Jensen M. The performance of mutual funds in the period 1945-1964 The Journal of Finance 23 1968 389-416
    • (1968) The Journal of Finance , vol.23 , pp. 389-416
    • Jensen, M.1
  • 15
    • 0038694428 scopus 로고    scopus 로고
    • To load or not to load? A study of marketing and distribution charges of mutual funds
    • Kihn J. To load or not to load? A study of marketing and distribution charges of mutual funds Financial Analysts Journal 52 3 1996 28-36
    • (1996) Financial Analysts Journal , vol.52 , Issue.3 , pp. 28-36
    • Kihn, J.1
  • 16
    • 0038694431 scopus 로고    scopus 로고
    • Morningstar Principia Manual, Morningstar Publications, Chicago, IL
    • Morningstar Principia Manual, 1998. Morningstar Publications, Chicago, IL
    • (1998)
  • 18
    • 0001752951 scopus 로고
    • Mutual fund performance
    • Sharpe W. Mutual fund performance Journal of Business 39 1 1966 119-138
    • (1966) Journal of Business , vol.39 , Issue.1 , pp. 119-138
    • Sharpe, W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.