A survey on Malaysian mutual funds performance / Ahmad Akmal Ahmad Sukaimi

This research report is written to explain and examine the performance of the Malaysian mutual funds. The survey will consist of mutual funds available in Malaysia, which is classify in Conventional and Islamic mutual funds. The objective of this research is to identify whether the Islamic mutual fu...

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Bibliographic Details
Main Author: Ahmad Sukaimi, Ahmad Akmal
Format: Thesis
Language:English
Published: 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/59276/1/59276.pdf
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Summary:This research report is written to explain and examine the performance of the Malaysian mutual funds. The survey will consist of mutual funds available in Malaysia, which is classify in Conventional and Islamic mutual funds. The objective of this research is to identify whether the Islamic mutual fund's performance can outperform Conventional mutual fund after the crisis. The survey will be using the data available from year 2004-2006 for before the crisis performance, 2007-2008 during the crisis, and 2009-2016 for after the financial crisis performance. According to Mansor and Bhatti (2011) research from 1996 to 2009, on average the Islamic portfolio provide slightly less return compared to Conventional portfolio. However, the Islamic portfolio is riskier than Conventional portfolio. Furthermore, the Islamic mutual fund was found to have better performance than Conventional mutual fund only in a bearish market or during the global financial crisis (Mansor, 2012). During the study, the researcher found that the Islamic mutual funds did outperform the Conventional funds during the crisis period 2007-2008, but after the crisis period ends, the Conventional funds outperform the Islamic funds back.