The Effect of Awarded Fund on Funds Among the Same Fund Family
Autor: | Lin ,Hsiao-Ching, 林曉菁 |
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Rok vydání: | 2015 |
Druh dokumentu: | 學位論文 ; thesis |
Popis: | 103 By collecting Taiwanese equity funds data from 2009 to 2014, this study investigates whether the awarded funds between 2009 and 2013 have spillover effect on the subscription ratio and redemption ratio of funds among the same fund family. The results indicate that funds among fund family with awarded funds have higher subscription ratio and net subscription ratio, except redemption ratio, and the awarded funds indeed have spillover effect. In addition, the spillover effect could affect the 6-monthcumulative subscription ratio after the announcement of awarded fund. However, the persistence of spillover effect is shorter than 1 year. |
Databáze: | Networked Digital Library of Theses & Dissertations |
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