Tracking Accuracy of Large and Small-CAP ETFS: an Empirical Analysis Of The Istanbul Stock Exchange
By: M. Kayali and Seyfettin Unal
Open Access
|Jun 2011References
- Harper, J. T., J. Madura and O. Schnusenberg. 2006. Performance comparison between exchange-traded funds and closed-end country funds. Journal of International Financial Markets, Institutions and Money 16 (2): 104-122.
- Iseri, M. and Z. Aktas. 2006. Ulkemizde yatirim araclari icinde yeni bir alternatif: Borsa yatirim fonlari. Finans-Politik ve Ekonomik Yorumlar 43 (502): 53-64.
- Kayali, M. M. 2007a. Pricing efficiency of exchange traded funds in Turkey: Early evidence from the Dow Jones Istanbul 20. International Research Journal of Finance and Economics 10: 14-23.
- Kayali, M. M. 2007b. Do Turkish Spiders confuse bulls and bears?: The case of Dow Jones Istanbul 20. Investment Management and Financial Innovations 4 (3): 72-79.
- Kayali, M. M. 2007c. Mispricing in exchange traded funds and arbitrage opportunities: The case of Dow Jones Istanbul 20. Paper to be presented at the 11National Finance Symposium, Zonguldak, Turkey, October.
- Khorana, A., E. Nelling and J. J. Trester. 1998. The emergence of country index funds. Journal of Portfolio Management 24 (4): 78-84.
- Kuo, T. W. and C. Mateus. 2006. The Performance and Persistence of Exchange-Traded Funds: Evidence for iShares MSCI country-specific ETFs. European Financial Management Association 2007 Annual Meetings, June 27-30, 2007, Vienna, Austria.
- Patro, D. K. 2001. Market segmentation and international asset prices: Evidence from the listing of World Equity Benchmark Shares. Journal of Financial Research 24 (1): 83-98.
- Pennathur, A. K., N. Delcoure and D. Anderson. 2002. Diversification benefits of iShares and closed-end country funds. Journal of Financial Research 25 (4): 541-557.
- Rompotis, G. G. 2005. An Empirical Comparing Investigation on Exchange Traded Funds and Index Funds Performance. Working paper, SSRN_ID903110_code628063.
Language: English
Page range: 107 - 112
Published on: Jun 3, 2011
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year
Keywords:
Related subjects:
© 2011 M. Kayali, Seyfettin Unal, published by University of Sarajevo
This work is licensed under the Creative Commons License.