The Study on Mutual Funds’ Performance in the Different Business Cycle Stage

• Main Authors: Hsiu-Chen Lin, 林秀蓁
• Other Authors: Yu- Min Chang
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/70601613333427606084

碩士 === 樹德科技大學 === 金融系碩士班 === 103 === Under different business cycle stage, the study used four types: stock funds,bond funds, money market funds and REITs funds, that Investors should be how to choose. To enable investors to make maximize return on investors'' risk to a minimum. In this paper, twelve were selected mutual funds as a study. The results show that stock funds the best performance of the other funds. The stock funds has repeatedly warned readers that high returns come with high risk. Next, the finding shows that, stock funds demonstrate the best performance of all type funds during the business cycle expansions. Third, the finding shows that, bond funds own the best performance of all type funds during the business cycle recession. To provide investors with risk aversion is well ahead of the purpose of this study