Publication:
Is it worth paying high fee? The evidence from bank affiliated mutual fund

dc.contributor.authorWoraphon Wattanatornen_US
dc.contributor.authorSarayut Nathaphanen_US
dc.contributor.authorKedwadee Sombultaweeen_US
dc.contributor.otherMahidol Universityen_US
dc.contributor.otherThammasat Universityen_US
dc.date.accessioned2019-08-23T10:42:21Z
dc.date.available2019-08-23T10:42:21Z
dc.date.issued2018-12-01en_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.citationJournal of Applied Economic Sciences. Vol.13, No.7 (2018), 2107-2113en_US
dc.identifier.issn23935162en_US
dc.identifier.issn18436110en_US
dc.identifier.other2-s2.0-85061947789en_US
dc.identifier.urihttps://repository.li.mahidol.ac.th/handle/20.500.14594/45344
dc.rightsMahidol Universityen_US
dc.rights.holderSCOPUSen_US
dc.source.urihttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85061947789&origin=inwarden_US
dc.subjectBusiness, Management and Accountingen_US
dc.subjectEconomics, Econometrics and Financeen_US
dc.titleIs it worth paying high fee? The evidence from bank affiliated mutual funden_US
dc.typeArticleen_US
dspace.entity.typePublication
mu.datasource.scopushttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85061947789&origin=inwarden_US

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