Publication: Is it worth paying high fee? The evidence from bank affiliated mutual fund
dc.contributor.author | Woraphon Wattanatorn | en_US |
dc.contributor.author | Sarayut Nathaphan | en_US |
dc.contributor.author | Kedwadee Sombultawee | en_US |
dc.contributor.other | Mahidol University | en_US |
dc.contributor.other | Thammasat University | en_US |
dc.date.accessioned | 2019-08-23T10:42:21Z | |
dc.date.available | 2019-08-23T10:42:21Z | |
dc.date.issued | 2018-12-01 | en_US |
dc.description.abstract | © 2018, ASERS Publishing House. All rights reserved. This study aims to answer to a straightforward question “Is it worth paying high fee?” Based on the mutual fund industry in Thailand between 2008 and 2018, our results show that although mutual fund charges fees differ by its investment objective, we fail to find a difference in return. Further, the results show that the relationship between bank-mutual funds affect both fees and performance of funds. Our findings demonstrate that although non-bank-related funds charge significantly higher fees than bank-related funds, they generate lower return to their investors than bank-related funds. | en_US |
dc.identifier.citation | Journal of Applied Economic Sciences. Vol.13, No.7 (2018), 2107-2113 | en_US |
dc.identifier.issn | 23935162 | en_US |
dc.identifier.issn | 18436110 | en_US |
dc.identifier.other | 2-s2.0-85061947789 | en_US |
dc.identifier.uri | https://repository.li.mahidol.ac.th/handle/20.500.14594/45344 | |
dc.rights | Mahidol University | en_US |
dc.rights.holder | SCOPUS | en_US |
dc.source.uri | https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85061947789&origin=inward | en_US |
dc.subject | Business, Management and Accounting | en_US |
dc.subject | Economics, Econometrics and Finance | en_US |
dc.title | Is it worth paying high fee? The evidence from bank affiliated mutual fund | en_US |
dc.type | Article | en_US |
dspace.entity.type | Publication | |
mu.datasource.scopus | https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85061947789&origin=inward | en_US |