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| dc.contributor.author | Meyer, Margaret C.
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| dc.date.accessioned | 2007-09-18T11:40:16Z | |
| dc.date.available | 2007-09-18T11:40:16Z | |
| dc.date.issued | 1998-09 | |
| dc.description.abstract | The purpose of this study was to determine whether any persistence of performance existed in the unit trust industry in South Africa over the ten-year period from July 1985 to June 1995. Calculations were done over different time periods (one-, two- and four-year periods) and using different definitions of superior performance (positive Jensen alphas or winner/loser phenomena). Results of nominal returns and risk-adjusted returns were also compared. Results obtained show that persistence in performance does exist, but that it is more of a 'loser' phenomenon than a 'winner' phenomenon. | en |
| dc.format.extent | 751887 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.identifier.citation | Meyer, MC 1998, 'The persistence of unit trust performance for the period July 1985-June 1995', South African Journal of Business Management, vol. 29, no. 3, pp. 100-108. [http://www.journals.co.za/ej/ejour_busman.html] | en |
| dc.identifier.issn | 0378-9098 | |
| dc.identifier.uri | http://hdl.handle.net/2263/3508 | |
| dc.language.iso | en | en |
| dc.publisher | Association for Professional Managers in South Africa | en |
| dc.rights | Association for Professional Managers in South Africa | en |
| dc.subject | South African unit trust industry | en |
| dc.subject | Unit trust performance | en |
| dc.subject.lcsh | Mutual funds -- South Africa | |
| dc.title | The persistence of unit trust performance for the period July 1985-June 1995 | en |
| dc.type | Article | en |
