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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Mariia Chukhlantseva
Influence of Trading Activity of Mutual Funds on their Efficiency
2018
In this master's thesis, the author was made the analysis of the implicit trading activity of mutual investment funds of the Russian Federation. The author has studied two different approaches to the quantitative measurement of this indicator: through the difference between the actual yield of the fund and the yield of the hypothetical portfolio (Return Gap) and the percentage of deviation from the structure of the exchange index (Active Share). Based on the results of a number of nonparametric tests, the author came to the conclusion that these coefficients can be applied on Russian data. Both coefficients showed their statistical significance and their difference from 0.

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