This paper tries to investigate the performance of mutual funds based on criteria based on the Tehran Stock Exchange Modern portfolio theory of Sharpe Index, Modigliani, Trainer, Jensen (and ultra-modern portfolio theory) of Sorting measure the potential favorable. In this regard, considering the period between 2008 (the start of the Iran-fund) until the end of the first quarter of 2012 to evaluate the results of computed ratios, for various investment funds and their performance has been compared. The conclusion is based on the use of modem portfolio theory criteria to evaluate the performance of venture capital funds, compared with the standard modern theory of portfolio are preferred. The study is also based on the performance of mutual funds according to criteria Sharp, Modigliani,, Trainer, Sortino, Jensen's alpha potential and there is no significant difference in the two year period 2008-2010. In addition, there is no significant difference between the performance criteria trainer and Sortino funds invested in the two-year period 2010 - 2012 confirmed. But Sharp criteria, Modigliani, , Jensen's alpha potential and the performance of investment funds, there are significant differences in the two year period 2010-2012.
کلید واژگان :investment fund performance, Tehran Stock Exchange, the modern theory of high portfolio, ultra-modern portfolio theory
ارزش ریالی : 600000 ریال
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