TITLE

Does the Turnover of an Equity Mutual Fund Matter?

AUTHOR(S)
Peterson, James D.; Riepe, Mark W.
PUB. DATE
August 2007
SOURCE
Journal of Financial Planning;Aug2007, Vol. 20 Issue 8, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the relationship between an equity fund's turnover and performance. Studies have suggested an inverse relationship, that higher turnover correlates with reduced performance when the two are measured contemporaneously. The authors suggest the relationship is not so simple. They argue turnover should be measured against future performance, and that other variables need to be taken into account as well. Moreover, some variables may not have a linear relationship with performance, and not all variables may not be relevant to all types of stock funds.
ACCESSION #
26087924

 

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