Fund Age, Asset Under Management (AUM) and Past Performance on The Performance of Equity Mutual Funds (Study on Companies Registered With The Financial Services Authority for The Period 2019-2021)
Fund Age, Asset Under Management (AUM) dan Past Performance terhadap Kinerja Reksa Dana Saham (Studi Pada Perusahaan Terdaftar di Otoritas Jasa Keuangan Periode 2019-2021)
DOI:
https://doi.org/10.21070/ups.823Keywords:
fund age, asset under management, past performance, mutual fundAbstract
This study aims to examine the effect of Fund Age, Asset Under Management, and past performance on the performance of mutual funds registered with the Financial Services Authority for the 2019-2021 period. Sample selection technique using non probability sampling method with a total sample of 29 conventional mutual fund companies and Sharia mutual funds Research using quantitative research with sharpe ratio, treynor ratio and alpha jansen method. The results of this study stated that several Mutual Fund Age variables had a significant effect on Equity Fund Performance, Asset Under Management (AUM) variables had a significant effect on Equity Mutual Fund Performance and past performance variables had a significant effect on Equity Fund Performance. The benefits of this study are that investors can consider the variables of Fund Age, Asset Under Management, and past performance in determining mutual fund investments in the future.
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