個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Note on the Evaluation of Mutual Fund Performance
內容大綱
In this note, several measures to evaluate the performance of a mutual fund are discussed, including Sharpe Ratio, Treynor Ratio, Jensen’s Measure, and Modigliani’s Measure. It is well known that investors can increase expected returns by assuming higher risk, and hence performance measures must incorporate the concept of risk.
學習目標
This note is useful for teaching the common methods of measuring mutual fund performance.