Effects of closed-end fund size on performance

被引：0
|
作者：
Feng Junlian [1 ]
Chen Jianguang [1 ]
机构：
[1] HuNan Univ, Inst higher Educ, Coll Business Management, Changsha 410082, Hunan, Peoples R China
来源：
PROCEEDINGS OF THE 2006 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING | 2006年
关键词：
funds; performance evaluation; size;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the returns of all 54 closed-end funds in China from 2000-2005, to determine whether or nor the size of a fund has an effect on its performance. The results in this paper suggest that the size of a closed-end fund has no impact on its performance. We therefore believe that investors wishing to incorporate closed-end funds in their portfolios should not necessarily be concerned with the size of a closed-end fund, but rather with various measures of its performance, such as risk-adjusted returns.
引用
收藏
页码：730 / 732
页数：3
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