Authors :
Mahardika Agustinus
Volume/Issue :
Volume 6 - 2021, Issue 11 - November
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3rp3ekV
Abstract :
This study aims to determine the performance
comparison between sharia and conventional equity
mutual funds for the period 2016-2020 used Sharpe and
Treynor methods. The samples in this study are sharia and
conventional equity mutual funds that have managed
funds between 100-500 billion Rupiah, and managed by
the same Investment Manager. This type of research is
descriptive quantitative research with comparison. The
research method used is the Independent Sample t-Test
and Mann Whitney u-Test. Furthermore, data processing
is carried out using the Eviews 10 application. The results
showed that there was a significant difference between the
average return of sharia and conventional equity mutual
funds using the Sharpe method, while using the Treynor
method, there was no significant difference. Thus, it is
hoped that this research can be one of the considerations
for investors in choosing equity mutual funds to invest in
accordance with the risk profile and expected rate of
return of each investor.
Keywords :
Equity Mutual Funds, Independent Sample T-test, Mann Whitney U-test, Sharpe, and Treynor.
This study aims to determine the performance
comparison between sharia and conventional equity
mutual funds for the period 2016-2020 used Sharpe and
Treynor methods. The samples in this study are sharia and
conventional equity mutual funds that have managed
funds between 100-500 billion Rupiah, and managed by
the same Investment Manager. This type of research is
descriptive quantitative research with comparison. The
research method used is the Independent Sample t-Test
and Mann Whitney u-Test. Furthermore, data processing
is carried out using the Eviews 10 application. The results
showed that there was a significant difference between the
average return of sharia and conventional equity mutual
funds using the Sharpe method, while using the Treynor
method, there was no significant difference. Thus, it is
hoped that this research can be one of the considerations
for investors in choosing equity mutual funds to invest in
accordance with the risk profile and expected rate of
return of each investor.
Keywords :
Equity Mutual Funds, Independent Sample T-test, Mann Whitney U-test, Sharpe, and Treynor.