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The performance of mutual funds in Bolivia (2012-2016)

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  • Vargas Sanchez, Alejandro

Abstract

One of the central issues in the portfolio management process, is the task of evaluating the return and risk of an investment. This paper presents for the first time a measurement of the performance achieved by the Mutual Funds in Bolivia. The research uses public information obtained from the Supervision Authority of the Financial System for the period 2012 to 2016. The chosen method is based on the application of performance indicators and the econometric estimation of the market model, in this way the Mutual Funds are plotted according to their equilibrium level stated by the Securities Market Line. Based on the results, it was possible to identify the Mutual Funds that accomplish the best performance.

Suggested Citation

  • Vargas Sanchez, Alejandro, 2018. "The performance of mutual funds in Bolivia (2012-2016)," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 36(1), December.
    • Handle: RePEc:rce:rvceco:33851
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    References listed on IDEAS

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    More about this item

    Keywords

    INVESTMENT; MARKET STRUCTURE; FINANCING; FINANCIAL MARKETS; INVERSIÓN; ESTRUCTURA DE MERCADO; FINANCIACIÓN; MERCADO FINANCIERO;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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