Performance evaluation of bond funds and money market funds in Malaysia
This study focuses on the research of bond funds and money market funds in Malaysia due to the lack of research regarding these two funds. It evaluates the performance and differences of bond funds versus money market funds in Malaysia by using Sharpe ratio, Treynor ratio and Jensen’s Alpha as it is...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English English |
| Published: |
Academic Inspired Network
2023
|
| Subjects: | |
| Online Access: | https://eprints.ums.edu.my/id/eprint/38426/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/38426/2/FULL%20TEXT.pdf https://eprints.ums.edu.my/id/eprint/38426/ http://dx.doi.org/10.55573/IJAFB.085105 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.ums.eprints.38426 |
|---|---|
| record_format |
eprints |
| spelling |
my.ums.eprints.384262024-03-01T07:29:25Z https://eprints.ums.edu.my/id/eprint/38426/ Performance evaluation of bond funds and money market funds in Malaysia Aminah Shari Pang, Joo Vee Choo, Qin Jing Chin, Dominic Shien Piaw Lee, Pei Chi Leong, Wei Zee HG1501-3550 Banking HG4501-6051 Investment, capital formation, speculation This study focuses on the research of bond funds and money market funds in Malaysia due to the lack of research regarding these two funds. It evaluates the performance and differences of bond funds versus money market funds in Malaysia by using Sharpe ratio, Treynor ratio and Jensen’s Alpha as it is widely used by scholars to evaluate the performance of mutual funds. The collection period of our data is from 1st January 2012 until 30th April 2020. Our findings showed that in terms of Sharpe ratio, bond funds perform better than money market funds. Meanwhile for both Treynor ratio and Jensen’s Alpha, money market funds perform better than bond funds. Overall, our findings suggest that money market funds have a better performance as compared to bond funds. Academic Inspired Network 2023-11 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/38426/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/38426/2/FULL%20TEXT.pdf Aminah Shari and Pang, Joo Vee and Choo, Qin Jing and Chin, Dominic Shien Piaw and Lee, Pei Chi and Leong, Wei Zee (2023) Performance evaluation of bond funds and money market funds in Malaysia. International Journal of Accounting, Finance and Business (IJAFB), 8. pp. 47-62. http://dx.doi.org/10.55573/IJAFB.085105 |
| institution |
Universiti Malaysia Sabah |
| building |
UMS Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Malaysia Sabah |
| content_source |
UMS Institutional Repository |
| url_provider |
http://eprints.ums.edu.my/ |
| language |
English English |
| topic |
HG1501-3550 Banking HG4501-6051 Investment, capital formation, speculation |
| spellingShingle |
HG1501-3550 Banking HG4501-6051 Investment, capital formation, speculation Aminah Shari Pang, Joo Vee Choo, Qin Jing Chin, Dominic Shien Piaw Lee, Pei Chi Leong, Wei Zee Performance evaluation of bond funds and money market funds in Malaysia |
| description |
This study focuses on the research of bond funds and money market funds in Malaysia due to the lack of research regarding these two funds. It evaluates the performance and differences of bond funds versus money market funds in Malaysia by using Sharpe ratio, Treynor ratio and Jensen’s Alpha as it is widely used by scholars to evaluate the performance of mutual funds. The collection period of our data is from 1st January 2012 until 30th April 2020. Our findings showed that in terms of Sharpe ratio, bond funds perform better than money market funds. Meanwhile for both Treynor ratio and Jensen’s Alpha, money market funds perform better than bond funds. Overall, our findings suggest that money market funds have a better performance as compared to bond funds. |
| format |
Article |
| author |
Aminah Shari Pang, Joo Vee Choo, Qin Jing Chin, Dominic Shien Piaw Lee, Pei Chi Leong, Wei Zee |
| author_facet |
Aminah Shari Pang, Joo Vee Choo, Qin Jing Chin, Dominic Shien Piaw Lee, Pei Chi Leong, Wei Zee |
| author_sort |
Aminah Shari |
| title |
Performance evaluation of bond funds and money market funds in Malaysia |
| title_short |
Performance evaluation of bond funds and money market funds in Malaysia |
| title_full |
Performance evaluation of bond funds and money market funds in Malaysia |
| title_fullStr |
Performance evaluation of bond funds and money market funds in Malaysia |
| title_full_unstemmed |
Performance evaluation of bond funds and money market funds in Malaysia |
| title_sort |
performance evaluation of bond funds and money market funds in malaysia |
| publisher |
Academic Inspired Network |
| publishDate |
2023 |
| url |
https://eprints.ums.edu.my/id/eprint/38426/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/38426/2/FULL%20TEXT.pdf https://eprints.ums.edu.my/id/eprint/38426/ http://dx.doi.org/10.55573/IJAFB.085105 |
| _version_ |
1793154682480230400 |
| score |
13.211869 |