Analisis Kemampuan Stock Selection, Market Timing, Expense Ratio Dan Umur Reksa Dana Terhadap Kinerja Reksa Dana Saham Yang Terdaftar Di Bursa Efek Indonesia Periode Tahun 2013 - 2017
| Main Author: | Muavivin Abroriyah |
|---|---|
| Other Authors: | Indo Yama Nasarudin |
| Format: | bachelorThesis |
| Bahasa: | ind |
| Terbitan: |
Jakarta : Fakultas Ekonomi Dan Bisnis UIN Syarif Hidayatullah
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| Subjects: | |
| Online Access: |
http://repository.uinjkt.ac.id/dspace/handle/123456789/45431 |
Daftar Isi:
- The purpose of this study was to analyze the ability of the stock selection of an investment fund share manager in selling and buying shares at the right time (Market Timing Ability). And analyze the effect of expense ratio and age of mutual funds on the performance of equity funds listed on the indonesia stock exchange for the period 2013-2017. Mutual fund performance itself was measured using the Treynor index. The reasearch sample is conventional stock mutual funds from 2013 to 2017 using a purposive sampling method with various sampling criteria. The sample of this study was 21 conventional equity funds. The data in this study were analyzed using multiple linear regression analysis using panel data This research method using panel data analysis test that is test Chow and Lagrange multiflier Test, test classic assumptions and hypothesis testing using the F test and t test. The results of the panel data analysis shows that the model chosen is a common effect models. F test results indicate that stock selection, market timing ability, longevity fund and fund size simultaneously affect the performance of mutual fund shares. While the result of the T-test show that stock selection, market timing and expense ratios have an effect on the performance of equity funds while the age of mutual funds has no effect on the performance of equity funds