The Performance Of Malaysian Unit Trusts In The Period 1988-1992

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Date
1994-06
Authors
SIEW JOO, EWE
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Abstract
This dissertation is concerned with investigating the risk adjusted return and risk of Malaysian unit trusts from 1988 to 1992. Using Jensen Measure (Jensen,1968) and Sharpe Index (Sharpe,1966),we found that (1) the average risk adjusted return of Malaysian unit trusts was less than those of stock market as a whole and (2) the average risk of unit trusts in Malaysia was lower than those of market portfolios.
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The Performance Of Malaysian Unit Trusts , In The Period 1988-1992
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