An examination of the operational efficiency of mutual funds.
A pre-determined percentage of the assets of mutual funds is extracted from each portfolio's value on a daily basis to cover operating expenses. The nature of the relationship between these fund operating expenses and fund size is the focus of this dissertation. A negative relationship is shown to exist between mutual fund operating expense percentages and mutual fund size.
Authors: | Zera, Stephen Paul. |
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Institutions: | Florida Atlantic University |
Subject: | Finance |
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