Lecture18231024

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School
University of Illinois, Urbana Champaign **We aren't endorsed by this school
Course
FIN 511
Subject
Finance
Date
Oct 24, 2023
Pages
34
Uploaded by MasterArtPartridge34 on coursehero.com
Performance Persistence Hedge Strategies FIN 511: Investments Joshua M. Pollet Lecture 18 Pollet FIN 511
Performance Persistence Hedge Strategies Administration I Assignment 6 is due before next class at 9:00am I Read BKM Chapter 26 (Hedge Fund Overview) Pollet FIN 511
Performance Persistence Hedge Strategies Update for average performance I Figure 4.4 of BKM uses data from 1971 through 2015. I °return on diversi±ed equity funds was below the return on the Wilshire 5000 index in 27 of the 45 years from 1971 to 2015.² I °The average annual return on the index was 12.1%, which was 1% greater than that of the average mutual fund.² Pollet FIN 511
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