Approaches to the Mutual Funds Ratings Formation

Student: Dukova Valeriia

Faculty: International College of Economics and Finance

Educational Programme: Financial Economics (Master)

Year of Graduation: 2018

The research provided into this project suggests the approach to construct the rating for mutual funds based on the widespread Morningstar methodology, its extension by way of the multifactorial Carhart model, and not so common for mutual funds sphere a discrete choice model. As long as the first two stages mainly cover the methods for the rating construction, the last one allows estimating the rating influence on the investors’ decision making procedure and total welfare.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses