Title

Emerging market mutual funds: Recent trends in performance, expenses, composition and growth

Date of this Version

12-20-2012

Document Type

Journal Article

Publication Details

Citation only

Bertin, W.J., Prather, L., & Woo, L. (2012). Emerging market mutual funds: Recent trends in performance, expenses, composition and growth. Academy of Taiwan Business Management Review, 8(3), 95-100. ISSN: 1813:0534

Access the journal

2012 HERDC submission. FoR code: 150201

© Copyright Taiwan Institute of Business Administration, 2012

ISSN

1813-0543

Abstract

Emerging market mutual funds are a rapidly growing mutual fund category. This growth is most likely due to their impressive realized returns, although their returns may be quite volatile. This study reports on emerging market mutual funds' characteristics and performance relative to domestic and international equity mutual funds and also details the significant growth in these funds. We further consider the investment allocations of the three categories of funds among developing versus mature markets. Our results suggest that the superior performance of emerging market mutual funds more than adequately compensates for their higher risk, and thus provides a sound justification for their rapid growth in recent years.

This document is currently not available here.

Share

COinS
 

This document has been peer reviewed.