IDEAS home Printed from https://ideas.repec.org/a/ibn/ijefaa/v9y2017i10p95-106.html
   My bibliography  Save this article

Another Look at Portfolio Turnover and Mutual Fund Performance

Author

Listed:
  • Confidence W. Amadi
  • Felicia Y. Amadi

Abstract

The objective of this study was to investigate the factors that correlated with mutual fund portfolio turnover using the variables that are associated with studies on portfolio turnover. Most studies on portfolio turnover considered it as an independent variable in explaining the performance of mutual funds. We take a different approach and treat turnover as the dependent variable. Our regression analysis show that the portfolio manager¡¯s tenure explains the variability in portfolio turnover. We also find that the one-year portfolio returns and assets under management strongly correlates with portfolio turnover.

Suggested Citation

  • Confidence W. Amadi & Felicia Y. Amadi, 2017. "Another Look at Portfolio Turnover and Mutual Fund Performance," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(10), pages 95-106, October.
    • Handle: RePEc:ibn:ijefaa:v:9:y:2017:i:10:p:95-106
    as

    Download full text from publisher

    File URL: http://ccsenet.org/journal/index.php/ijef/article/view/69868/38379
    Download Restriction: no
    File URL: http://ccsenet.org/journal/index.php/ijef/article/view/69868
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    portfolio turnover; mutual fund performance; mutual fund size; market capitalization; mutual fund style objective; mutual fund manager tenure; Sharpe ratio; Beta; standard deviation; expense ratio;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijefaa:v:9:y:2017:i:10:p:95-106. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.