Mutual Funds

3 Credits · Level: Graduate

Over $25 trillion is invested US registered mutual funds. Yet, most mutual fund investors lack an understanding of the basic statistics used to evaluate fund performance. Nor are most mutual fund investors aware of the latest academic research related to the models used to evaluate fund performance and various metrics used to predict future fund performance. This Intensive Learning Experience (ILE) will expose students to the latest academic research related to mutual fund performance. Upon completion of the ILE, students should be able to - Calculate popular mutual fund statistics that are frequently used by the mutual fund community - Understand the strengths and weaknesses of the most popular statistics commonly used by practitioners to evaluate mutual fund performance - Use more advanced mutual fund metrics and models which have been developed by academics and practitioners to evaluate mutual fund performance Note: the ILE is not intended for those students who are interested in starting their own mutual fund.