accounted for 7.4 percent and 7.9 percent of total expenses respectively. The significant increase of administrative expenses was loss from equity linked swap transaction. However, this quarter, the company
the difference between the rate of return of the mutual fund and the risk-free rate, in comparison with the mutual fund’s standard deviation. The Sharpe Ratio reflects the increase in the rate of return
the difference between the rate of return of the mutual fund and the risk-free rate, in comparison with the mutual fund’s standard deviation. The Sharpe Ratio reflects the increase in the rate of return
standard deviation. The Sharpe Ratio reflects the increase in the rate of return that the mutual fund should receive to compensate the risk received by the mutual fund. A mutual fund with a higher Sharpe
in Figure 3). 6 We repeat the same analysis using annual data and the results are similar – funds on average deliver negative relative returns and alphas. 6 In other words, funds that try to increase
characteristics: (1) having deficiency in legal competency, being subject to legal action under the law governing supervision of capital market, or lacking trustworthiness as specified as prohibited characteristic
Trust were appraised by two independent appraisers, namely, Bangkok Property Appraisal Company Limited and Grand Asset Advisory Co., Ltd. using the income approach-discounted cashflow, of which details
Trust were appraised by two independent appraisers, namely, Bangkok Property Appraisal Company Limited and Grand Asset Advisory Co., Ltd. using the income approach-discounted cashflow, of which details
involves in or has an interest, whether directly or indirectly, in such mutual fund or management company in a manner that may cause unfair, non-impartial and non-independent in arranging the mutual fund
meaning as defined in the notification of the Capital Market Supervisory Board governing qualifications and prohibited characteristics of the directors and executives of securities business, or the