Criteria for Mutual Fund Selection

Moshe Levy () and Richard Roll ()
Additional contact information
Moshe Levy: Hebrew University of Jerusalem
Richard Roll: Emeritus, UCLA

Chapter Chapter 2 in Mutual Fund Selection, 2024, pp 9-31 from Springer

Abstract: Abstract Assuming that the return characteristics of funds are known, i.e. for the time being putting aside the problem of estimation error, what is the best way to rank funds? The main alternative criteria are reviewed. We argue that the Sharpe ratio provides the ranking that is most closely aligned with investors’ preferences.

Keywords: Sharpe ratio; Jensen’s alpha; Treynor index; Geometric mean; Morningstar ratings; Lipper ratings (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-69758-6_2

Ordering information: This item can be ordered from
http://www.springer.com/9783031697586

DOI: 10.1007/978-3-031-69758-6_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().