Determinants of management expense ratio for Canadian mutual funds

Show simple item record

dc.contributor.advisor Chandler, Vincent
dc.coverage.spatial Canada
dc.creator Parmar, Manbir Kaur
dc.date.accessioned 2016-01-15T15:44:55Z
dc.date.available 2016-01-15T15:44:55Z
dc.date.issued 2015
dc.identifier.uri http://library2.smu.ca/xmlui/handle/01/26450
dc.description 1 online resource (vi, 32 p.) : col. ill.
dc.description Includes abstract.
dc.description Includes bibliographical references (p. 29-32).
dc.description.abstract This study examines how the management expense ratio varies across bank and non-bank financial institutions. The dataset containing 10,818 Canadian mutual funds is built from the Fundata website. While determining expenses other factors that were considered are: size and age of the fund, its asset classes, the geographical allocation of its securities, risk adjusted return and mutual fund versus ETF. The main findings are that banks charge lower MERs than non-bank financial institutions, probably because of economies of scope; larger funds benefit from economies of scale and charge a lower MER; older funds charge a higher MER; funds that give higher net return have a lower MER; equity funds are more expensive and ETFs are cheaper as compared to mutual funds. en_CA
dc.language.iso en en_CA
dc.publisher Halifax, N.S. : Saint Mary's University
dc.title Determinants of management expense ratio for Canadian mutual funds en_CA
dc.type Text en_CA
thesis.degree.name Master of Finance
thesis.degree.level Masters
thesis.degree.discipline Sobey School of Business
thesis.degree.grantor Saint Mary's University (Halifax, N.S.)


Files in this item

 
 

This item appears in the following Collection(s)

Show simple item record