Effciency of Mutual Fund and a Data Envelopment Analysis

Anna Zamojska

doi:https://doi.org/10.59139/ps.2009.03-04.4

Anna Zamojska Uniwersytet Gdański Przegląd Statystyczny. Statistical Review, vol. 56, 2009, 3-4, pages: 51-66 Published online: 31 December 2009 DOI https://doi.org/10.59139/ps.2009.03-04.4

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ARTICLE

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ABSTRACT

The paper presents an application of the DEA method to measure the efficiency of equity mutual funds on the Polish capital market. The DEA method is an alternative measure of performance of the funds. The advantage of the DEA is that this particular method does not require any assumption concerning distributions of returns. Results showed that the DEA is a simple and very useful at the same time tool for creating the ranks of funds.

KEYWORDS

DEA, Efficiency, Mutual Fund

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