Exchange traded funds : a study on the performance-flow relationship.
This paper studies the flow of funds into and out of domestic equity Exchange-Traded Funds (ETFs) in the United States. Investors use historical returns to make their decisions on fund investment or divestment. They do so asymmetrically by investing more in funds that provided superior returns in th...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/48364 |