markets instead of bull markets. Nevertheless, only one-third of the equity mutual funds in this study can reveal the excess returns compared to benchmark. For the per- sistence of equity mutual fund
) Benchmarks: YTD 3 months 6 months 1 year Fund This HK Covered Fund is authorised and under the supervision of the Securities and Futures Commission of Hong Kong. Benchmarks Fund standard deviation Benchmark
unit investment; (7) Information on probable holding of investment units in excess of the unit holding limit, indicating the number of persons or group of persons who might hold units in excess of such
using 3 More than 80% of the funds are benchmarked to the SET Index, which is the market-value weighted index of all listed stocks in the Stock Exchange of Thailand. The second most popular benchmark is
Fund standard deviation Benchmark standard deviation Warning • Investments in the mutual fund are not deposits. • The mutual fund’s past performance does not guarantee future results. 3 years 5 years 10
supervision of [name of Home Regulator]. Benchmarks Fund standard deviation Benchmark standard deviation Warning • Investments in the mutual fund are not deposits. • The mutual fund’s past performance does not
Duration List of Fund Managers Past performance at specific periods (% per annum) YTD 3 months 6 months 1 year Benchmarks: Fund Benchmarks Peer group average Fund standard deviation Benchmark standard
& Saengchote © Fact #1: Most funds do not beat the market. Relative return = fund return – benchmark [e.g. SET TRI] Alpha = fund return – risk-adjustment [e.g. CAPM; multi-factor model] Equity Mutual Funds
(October – December 2018) and clarification of the operating result change excess 20%. Dear Sirs, We gladly inform to report our 2nd quarter performance figure during October – December 2018, ending December
the operating result change Excess 20% Dear Sirs, We would like to report financial operating result for financial year ended June 30, 2017 as followings: 1. Sales and Services revenue decreased to