The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian

In this paper an attempt is made to evaluate the performance of Islamic and Conventional unit trust fund in Malaysia. Unit trust fund in Malaysia is an investment vehicle created by asset management companies specializing in pooling savings from both retail and institutional investors. Individual in...

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Main Author:	Balian, Nurul Ashikin
Format:	Thesis
Language:	English
Published:	2011
Subjects:	Investment companies Investment trusts Mutual funds
Online Access:	https://ir.uitm.edu.my/id/eprint/93744/1/93744.pdf
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id	my-uitm-ir.93744
record_format	uketd_dc
spelling	my-uitm-ir.937442024-04-17T03:40:26Z The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian 2011 Balian, Nurul Ashikin Investment companies. Investment trusts. Mutual funds In this paper an attempt is made to evaluate the performance of Islamic and Conventional unit trust fund in Malaysia. Unit trust fund in Malaysia is an investment vehicle created by asset management companies specializing in pooling savings from both retail and institutional investors. Individual investors seeking liquidity, portfolio diversification and investment expertise are increasingly analyzes the performance of Islamic and conventional unit trust in Malaysia. Therefore, this paper investigates the unit trust potential in Malaysia by examining the performance of such funds by focusing on more aggressive equity types of fund by analyzing their risk and return. This is done by measuring the performance of unit trust, which is Net Asset Value (NAV) of ten unit trust funds and the prices on market portfolio or Kuala Lumpur Composite Index (KLCI). Based on the ten unit trust under studied over the monthly period of 2001 until 2010 using the method used by Sharpe, Treynor and Jensen, the researchers are able to formulate explicit measures of a portfolio’s performance on the dimensions of risk and return. The results had shown that, return for Conventional unit trust is higher than Islamic unit trust. Then, in term of risk, the study found Islamic unit trust is more risky compared to Conventional unit trust. At the same time, Conventional unit trust is better than Islamic unit trust when the measurement of Sharpe Index, Treynor Index, and Jensen Alpha Index were used and analysed. 2011 Thesis https://ir.uitm.edu.my/id/eprint/93744/ https://ir.uitm.edu.my/id/eprint/93744/1/93744.pdf text en public degree Universiti Teknologi MARA, Terengganu Faculty Of Business Management Wan Mahmood, Wan Mansor
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Wan Mahmood, Wan Mansor
topic	Investment companies Investment trusts Mutual funds
spellingShingle	Investment companies Investment trusts Mutual funds Balian, Nurul Ashikin The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
description	In this paper an attempt is made to evaluate the performance of Islamic and Conventional unit trust fund in Malaysia. Unit trust fund in Malaysia is an investment vehicle created by asset management companies specializing in pooling savings from both retail and institutional investors. Individual investors seeking liquidity, portfolio diversification and investment expertise are increasingly analyzes the performance of Islamic and conventional unit trust in Malaysia. Therefore, this paper investigates the unit trust potential in Malaysia by examining the performance of such funds by focusing on more aggressive equity types of fund by analyzing their risk and return. This is done by measuring the performance of unit trust, which is Net Asset Value (NAV) of ten unit trust funds and the prices on market portfolio or Kuala Lumpur Composite Index (KLCI). Based on the ten unit trust under studied over the monthly period of 2001 until 2010 using the method used by Sharpe, Treynor and Jensen, the researchers are able to formulate explicit measures of a portfolio’s performance on the dimensions of risk and return. The results had shown that, return for Conventional unit trust is higher than Islamic unit trust. Then, in term of risk, the study found Islamic unit trust is more risky compared to Conventional unit trust. At the same time, Conventional unit trust is better than Islamic unit trust when the measurement of Sharpe Index, Treynor Index, and Jensen Alpha Index were used and analysed.
format	Thesis
qualification_level	Bachelor degree
author	Balian, Nurul Ashikin
author_facet	Balian, Nurul Ashikin
author_sort	Balian, Nurul Ashikin
title	The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
title_short	The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
title_full	The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
title_fullStr	The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
title_full_unstemmed	The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian
title_sort	performance of islamic and conventional unit trust in malaysia / nurul ashikin balian
granting_institution	Universiti Teknologi MARA, Terengganu
granting_department	Faculty Of Business Management
publishDate	2011
url	https://ir.uitm.edu.my/id/eprint/93744/1/93744.pdf
_version_	1804889898967105536

The performance of Islamic and conventional unit trust in Malaysia / Nurul Ashikin Balian

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