IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v29y2022i2p135-139.html
   My bibliography  Save this article

Addressing mutual fund performance across investment styles

Author

Listed:
  • Diego Víctor de Mingo-López
  • Juan Carlos Matallín-Sáez
  • Amparo Soler-Domínguez

Abstract

The main objective of this study is to examine fund performance across different investment styles. Using a large sample of US mutual funds, we evaluate fund performance in relation to investment style. Our results show that fund performance differs across categories, with Value and SmallCap funds performing better than Growth and LargeCap funds, respectively. However, we observe notable differences in their performance distribution, since the alphas of Growth and SmallCap funds cover a range of broader intervals. Likewise, the best Growth funds and the best SmallCap funds in each month perform better than their comparable Value and LargeCap peers, respectively. In contrast, the worst Growth and SmallCap funds experience the worst performance during the sample period. These results are not driven by other performance indicators, such as fund size or portfolio expenses.

Suggested Citation

  • Diego Víctor de Mingo-López & Juan Carlos Matallín-Sáez & Amparo Soler-Domínguez, 2022. "Addressing mutual fund performance across investment styles," Applied Economics Letters, Taylor & Francis Journals, vol. 29(2), pages 135-139, January.
    • Handle: RePEc:taf:apeclt:v:29:y:2022:i:2:p:135-139
    DOI: 10.1080/13504851.2020.1861182
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2020.1861182
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2020.1861182?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:taf:apeclt:v:29:y:2022:i:2:p:135-139. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    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.