Cover Image

Effect of macroeconomic factors on selective mutual fund performance in Malaysia

The purpose of the study is to analyze and understand the factors that influence the mutual funds’ performance in Malaysia and allows stakeholders to have a better understanding on the factors affecting their performance. The 10 underperforming open-end funds in Malaysia from year 2009 to 2018 is ex...

Full description

Saved in:
Bibliographic Details
Main Authors: Khoo, Yee Chien, Chang, Ting Xuan, Hooi, Yee Pheng, Ng, Kah Hei, Soo, Sheng Mei
Format: Final Year Project / Dissertation / Thesis
Published: 2020
Subjects:
HG Finance
Online Access:http://eprints.utar.edu.my/4001/1/fyp_FN_2020_KYC_%2D_1603858.pdf
http://eprints.utar.edu.my/4001/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-utar-eprints.4001
record_format eprints
spelling my-utar-eprints.40012021-03-10T11:48:27Z Effect of macroeconomic factors on selective mutual fund performance in Malaysia Khoo, Yee Chien Chang, Ting Xuan Hooi, Yee Pheng Ng, Kah Hei Soo, Sheng Mei HG Finance The purpose of the study is to analyze and understand the factors that influence the mutual funds’ performance in Malaysia and allows stakeholders to have a better understanding on the factors affecting their performance. The 10 underperforming open-end funds in Malaysia from year 2009 to 2018 is examined. Mutual fund has played an important role in Malaysian economy, there is a risk that the investor will lose their money if the mutual funds they have invested are not performing and highly correlated with macroeconomic factors. Therefore, the relationship of between interest rate, exchange rate, inflation rate, gross domestic product, money supply and performance of selective mutual fund performance in Malaysia will be examined. Panel regression is applied for this research and the Pool Ordinary Least Square had been conducted in this research. To execute the statistics results were Jarque-Bera test, multicollinearity, heteroskedasticity, autocorrelation, as well as hypothesis testing. The result found out there are significant relationship between exchange rate, inflation rate, gross domestic product and money supply with selective mutual fund performance and interest rate is the only independent variables has insignificant relationship with selective mutual funds’ performance in Malaysia. This research was provided the benefit to the society such as financial investors, investment advisor and financial professional, policy maker and financial market regulator as well as corporate. 2020-04-23 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/4001/1/fyp_FN_2020_KYC_%2D_1603858.pdf Khoo, Yee Chien and Chang, Ting Xuan and Hooi, Yee Pheng and Ng, Kah Hei and Soo, Sheng Mei (2020) Effect of macroeconomic factors on selective mutual fund performance in Malaysia. Final Year Project, UTAR. http://eprints.utar.edu.my/4001/
institution Universiti Tunku Abdul Rahman
building UTAR Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tunku Abdul Rahman
content_source UTAR Institutional Repository
url_provider http://eprints.utar.edu.my
topic HG Finance
spellingShingle HG Finance
Khoo, Yee Chien
Chang, Ting Xuan
Hooi, Yee Pheng
Ng, Kah Hei
Soo, Sheng Mei
Effect of macroeconomic factors on selective mutual fund performance in Malaysia
description The purpose of the study is to analyze and understand the factors that influence the mutual funds’ performance in Malaysia and allows stakeholders to have a better understanding on the factors affecting their performance. The 10 underperforming open-end funds in Malaysia from year 2009 to 2018 is examined. Mutual fund has played an important role in Malaysian economy, there is a risk that the investor will lose their money if the mutual funds they have invested are not performing and highly correlated with macroeconomic factors. Therefore, the relationship of between interest rate, exchange rate, inflation rate, gross domestic product, money supply and performance of selective mutual fund performance in Malaysia will be examined. Panel regression is applied for this research and the Pool Ordinary Least Square had been conducted in this research. To execute the statistics results were Jarque-Bera test, multicollinearity, heteroskedasticity, autocorrelation, as well as hypothesis testing. The result found out there are significant relationship between exchange rate, inflation rate, gross domestic product and money supply with selective mutual fund performance and interest rate is the only independent variables has insignificant relationship with selective mutual funds’ performance in Malaysia. This research was provided the benefit to the society such as financial investors, investment advisor and financial professional, policy maker and financial market regulator as well as corporate.
format Final Year Project / Dissertation / Thesis
author Khoo, Yee Chien
Chang, Ting Xuan
Hooi, Yee Pheng
Ng, Kah Hei
Soo, Sheng Mei
author_facet Khoo, Yee Chien
Chang, Ting Xuan
Hooi, Yee Pheng
Ng, Kah Hei
Soo, Sheng Mei
author_sort Khoo, Yee Chien
title Effect of macroeconomic factors on selective mutual fund performance in Malaysia
title_short Effect of macroeconomic factors on selective mutual fund performance in Malaysia
title_full Effect of macroeconomic factors on selective mutual fund performance in Malaysia
title_fullStr Effect of macroeconomic factors on selective mutual fund performance in Malaysia
title_full_unstemmed Effect of macroeconomic factors on selective mutual fund performance in Malaysia
title_sort effect of macroeconomic factors on selective mutual fund performance in malaysia
publishDate 2020
url http://eprints.utar.edu.my/4001/1/fyp_FN_2020_KYC_%2D_1603858.pdf
http://eprints.utar.edu.my/4001/
_version_ 1695535847823114240
score 13.211869

Similar Items