Return of Mutual Funds in Spain 1991-2009 (Rentabilidad de los Fondos de Inversión en España 1991-2009) (Spanish)
23 Pages Posted: 29 Jan 2010
Date Written: January 28, 2010
Abstract
During the last 10 years (1999-2009), the average return of the mutual funds in Spain (0.85%) was smaller than the average inflation. Nevertheless, on December 31, 2009, 5.6 million investors had 163 billion euros in the 2,586 existing mutual funds. Only 1 of the 368 mutual funds with 15-year history outperformed the Spanish Index (ITBM).
Note: Downloadable document is in Spanish.
Keywords: Mutual Funds, Spain, Benchmark, Mutual Fund Performance
JEL Classification: G12, G31, M21
Suggested Citation: Suggested Citation
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