Profitability of Sector Mutual Funds and ETFs during Market Development
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F18%3A43913920" target="_blank" >RIV/62156489:43110/18:43913920 - isvavai.cz</a>
Výsledek na webu
<a href="https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf" target="_blank" >https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Profitability of Sector Mutual Funds and ETFs during Market Development
Popis výsledku v původním jazyce
Paper is focused on the profitability of investment into IT, finance, healthcare and consumer goods oriented active and passive mutual funds and ETFs and its profit/loss on growing, stagnant and decreasing market. Attention is also focused on purpose to set a recommendation for investors what instrument bring higher return/lower loss on growing or decreasing market and if investor can expect different results according to the sector orientation, like what sector is more sensitive on bullish or bearish trend. Our result show that ETF nor passive mutual funds wasn't able to beat the market, where sector index brings in all situations better results than these investments. On bearish trend all sector ETFs and passive mutual funds bring same results as sector index, better results bring only active managed mutual funds. The lowest loss during this period brings healthcare active managed mutual funds. On bullish/stagnant market was pretty the situation the same, but on the growing market passive funds and ETF are more profitable than active mutual funds.
Název v anglickém jazyce
Profitability of Sector Mutual Funds and ETFs during Market Development
Popis výsledku anglicky
Paper is focused on the profitability of investment into IT, finance, healthcare and consumer goods oriented active and passive mutual funds and ETFs and its profit/loss on growing, stagnant and decreasing market. Attention is also focused on purpose to set a recommendation for investors what instrument bring higher return/lower loss on growing or decreasing market and if investor can expect different results according to the sector orientation, like what sector is more sensitive on bullish or bearish trend. Our result show that ETF nor passive mutual funds wasn't able to beat the market, where sector index brings in all situations better results than these investments. On bearish trend all sector ETFs and passive mutual funds bring same results as sector index, better results bring only active managed mutual funds. The lowest loss during this period brings healthcare active managed mutual funds. On bullish/stagnant market was pretty the situation the same, but on the growing market passive funds and ETF are more profitable than active mutual funds.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
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OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
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Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2018
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
European Financial Systems 2018: Proceedings of the 15th International Scientific Conference
ISBN
978-80-210-8980-8
ISSN
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e-ISSN
neuvedeno
Počet stran výsledku
10
Strana od-do
629-638
Název nakladatele
Masarykova univerzita
Místo vydání
Brno
Místo konání akce
Brno
Datum konání akce
25. 6. 2018
Typ akce podle státní příslušnosti
WRD - Celosvětová akce
Kód UT WoS článku
000462948800081