Actively Managed Equity Mutual Fund Performance Relative to Benchmarks
- They Shoot, They SCR. Israelsen, Craig L.; Sturiale, John // Financial Planning;Nov2002, Vol. 32 Issue 11, p41
Explains the Sturiale Consistency Ratio (SCR), which is used to identify equity mutual funds that consistently beat their benchmarks. Algorithm for the SCR; Elements of fund performance assessed by the SCR; Interpretation of the results.
- Socially screened funds hold their own. Kennedy, Mike // Pensions & Investments;11/12/2001, Vol. 29 Issue 23, p24
Reports the move of socially equity investments in outperforming its benchmark in the third quarter for 2001 in the United States. Reference to the data from the Social Investment Forum, a non-profit organization promoting socially responsible investing; Number of mutual funds outperformed the...
- The evaluation of the performance of UK American unit trusts. Fletcher, Jonathan // International Review of Economics & Finance;1999, Vol. 8 Issue 4, p455
This article examines the performance of 85 UK unit trusts with North American investment objectives between January 1985 and December 1996 using unconditional and conditional performance measures. The paper finds that, on average, the trusts register insignificant performance to each of the...
- 14% of funds now on Bestinvest's dog list. Ellul, Joanne // Money Marketing;9/1/2011, p7
The article reports on the Spot the Dog list released by Bestinvest showing that 94 of the 682 funds, or almost 14%, have failed to beat their benchmark index in each of the last three years while underperforming the index by at least 10% in Great Britain.
- Are mutual fund managers selecting the right benchmark index? Costa, Bruce A.; Jako, Keith // Financial Services Review;Summer2011, Vol. 20 Issue 2, p129
In this paper, we determine index suitability for mutual funds that specify the S&P 500 as their performance benchmark. Using a four-factor model, we calculate factor Ioadings for mutual funds and their benchmark index and measure deviations with respect to the risk factors in the model. We sort...
- Underweight. // Essential Finance;2003, p301
A definition of the term "underweight" is presented. It refers to the degree to which a fund manager may hold fewer shares in its fund than that stock's weighting in a particular index or other benchmark. It demonstrates that a manager may also be underweight, or overweight, in a particular...
- What's an appropriate benchmark? // Financial Planning;Feb98, Vol. 28 Issue 2, p160
Investigates appropriate benchmarks for the evaluation of mutual fund performance. Appropriateness of applying Standard & Poor's 500 to every category of fund; Comparison of mutual funds against indexes comprised of individual stocks; Importance of considering the goals and objectives of the...
- Henderson prepares for market turn. Hughes, Frances // Fund Strategy;10/27/2008, p10
The article reports on the preparation of Tim Stevenson, manager of Henderson Eurotrust PLC, for market turns in Great Britain. Its annual results indicated a 4.35 percent decrease in value over one year, compared with a .76 percent decline in its benchmark in the Financial Times and the London...
- Markets Bounce off Spring Lows. // Money;Aug2012, Vol. 41 Issue 7, p99
This article presents graphs and charts on the Standard & Poor's (S&P) 500 index, the benchmarks from the economic sectors and financial indexes, and the rate of return on the largest mutual funds for the four weeks ending in June 20, 2012, following economic growth in the U.S and Europe.