Marketing i Zarządzanie

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Problemy Zarządzania, Finansów i Marketingu


ISSN: 2450-775X     eISSN: 2353-2874    OAI    DOI: 10.18276/miz.2017.48-02
CC BY-SA   Open Access 

Issue archive / nr 2 (48) 2017
Racjonalność lokowania nadwyżek finansowych na rynku kapitałowym poprzez zakup jednostek uczestnictwa funduszy inwestycyjnych
(Rationality of Financial Surpluses Placement on the Capital Market through the Purchase of Investment Funds Participation Units)

Authors: Rafał Czyżycki
Uniwersytet Szczeciński, Wydział Zarządzania i Ekonomiki Usług
Keywords: return rate investment decisions efficiency investment funds rationality of behavior
Data publikacji całości:2017
Page range:10 (21-30)
Klasyfikacja JEL: E22 G11 O16
Cited-by (Crossref) ?:

Abstract

The paper presents the author's reflections on the rationality of investing in the capital market through the purchase of participation units in investment funds. Investment Funds are most often seen as professional investors, who, based on their knowledge and experience and by economies of scale, are able to achieve above-standard returns on their investments and minimize the risk associated with such investments. However, empirical studies show that while investment funds are actually able to effectively reduce the average level of risk associated with investing in the capital market, they are generally unable to generate above-average profits.
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