International Journal of Social Science & Economic Research
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Title:
THE EFFECT OF AGE AND SIZE TO MIXED MUTUAL FUND PERFORMANCE IN INDONESIA

Authors:
PURWANTO, MUSDHOLIFAH

Abstract:
Mutual funds are other investment opportunities with measurable risk, high return and enough capital affordable to the community. Mutual funds have an investment manager with ability and knowledge which can predict the market condition in the future. This research aims to analyst how age and size of mutual fund can influence the performance of mixed mutual funds. The data that used in this research are monthly data on Net Asset Value (NAV), monthly data on SBI (Certificate of Bank Indonesia), and prospectus of 27 mixed mutual fund that were sampled. As a research methodology, we used Sharpe Index. The result of this study showed that both age and size have influence to the mixed mutual fund performance in Indonesia.

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