Optimum : Jurnal Ekonomi dan Pembangunan
Vol 9, No 2 (2019)

KINERJA REKSA DANA DI INDONESIA DITINJAU DARI PEMILIHAN SAHAM, DAN TINGKAT RISIKO

Diyan Lestari (Institut Teknologi dan Bisnis Kalbis)



Article Info

Publish Date
01 Sep 2019

Abstract

Mutual fund is a pool investment which combines many investment products. It is managed by investment manager. It can be stock, bond, and other investment products. Currently, there is positve trend of mutual fund performance in Indonesia. It can be concluded that Indonesian tend to realize the positive impact of mutual fund investment which has relatively fix returns compare to other investment products. However, the stability of economic and political condition in Indonesia also drive the positive trend of mutual fund investment. Every investors want to gain optimal return. They will observe the mutual fund which has the maximum return. To predict mutual fund performance, many studies consider threee measurement which is Sharpe, Tryenor amd Jensen. This study aims to examine the mutual fund performace based on stock selection, and risk consideration.. This study use pool regression to analyze the data. The result shows that risk level do not effect the mutual fund performance, while stock selection effect the mutual fund performance.

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Journal Info

Abbrev

OPTIMUM

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JURNAL OPTIMUM adalah jurnal Fakultas Ekonomi dan Bisnis Universitas Ahmad Dahlan Yogyakarta yang terbit dua kali dalam satu tahun yaitu setiap Maret dan September. Jurnal OPTIMUM memuat artikel penelitian bidang Ekonomi Pembangunan, Manajemen, dan Akuntansi yang ditulis oleh dosen, alumni, ...