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Details for article 1 of 8 found articles
| Title: |
Are mutual fund investors in jail? |
| Author: |
Alves, Carlos Mendes, Victor |
| Appeared in: |
Applied financial economics |
| Paging: | Volume 17 (2007) nr. 16 pages 1301-1312 |
| Year: |
2007-11 |
| Contents: |
The absence of investor reaction to the poor performance of mutual funds is a widely reported phenomenon. This article investigates the role of load costs as an explanation for the phenomenon and concludes that back-end load fees are an obstacle to reaction. We found evidence consistent with the hypothesis that medium and long-term investors do not react to poor performances due to the fact that they are 'imprisoned' by back-end load fees. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 1 of 8 found articles
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