Serial correlation and TEV bias in index funds
Index or passive fund managers and investors analyse the interim volatility of the difference between their fund’s returns and the index’s returns, i.e. the fund’s tracking error variance** (TEV) in order to monitor the success with which tracker funds mimic their benchmark. The objective of a passi...
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| Format: | Article |
| Language: | English |
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AOSIS
2003-06-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/681 |