Mutual Funds: Portfolio Structures, Analysis, Management, and Stewardship

Providing a balance of theory and application, this authoritative book will enable you to evaluate the various performance and risk attributes of mutual funds. It covers a broad range of topics, including understanding the advantages and disadvantages of mutual funds, evaluating stock/bond allocations within fund portfolios, assessing fund diversification risk, measuring fund returns and risk, and making fund buy/sell decisions.

While informative chapters combine clear summaries of existing research with practical guidelines for mutual fund analysis, step-by-step decision checklists guide you through the selection of various mutual funds.

• Puts the risks and rewards of mutual fund investing in perspective
• Skillfully examines how to select and evaluate the best mutual funds
• Outlines mutual fund service advantages and disadvantages
• Discusses the long- and short-term effectiveness of mutual funds

Covering major theoretical and management issues in mutual fund analysis and portfolio management, this book is an authoritative guide.