Have a personal or library account? Click to login
Tracking Accuracy of Large and Small-CAP ETFS: an Empirical Analysis Of The Istanbul Stock Exchange Cover

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 2011

References

  1. 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): 104-122.10.1016/j.intfin.2004.12.006
  2. 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.
  3. 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.
  4. 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.
  5. 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 11th National Finance Symposium, Zonguldak, Turkey, October.
  6. Khorana, A., E. Nelling and J. J. Trester. 1998. The emergence of country index funds. Journal of Portfolio Management 24 (4): 78-84.10.3905/jpm.1998.409651
  7. 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.
  8. 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): 83-98.10.1111/j.1475-6803.2001.tb00819.x
  9. Pennathur, A. K., N. Delcoure and D. Anderson. 2002. Diversification benefits of iShares and closed-end country funds. Journal of Financial Research 25 (4): 541-557.10.1111/1475-6803.00036
  10. Rompotis, G. G. 2005. An Empirical Comparing Investigation on Exchange Traded Funds and Index Funds Performance. Working paper, SSRN_ID903110_code628063.
  11. http://www.cnnturk.com
  12. http://www.djist.com
  13. http://www.imkb.gov.tr
  14. http://www.smist.com
Language: English
Page range: 107 - 112
Published on: Jun 3, 2011
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2011 M. Kayali, Seyfettin Unal, published by University of Sarajevo
This work is licensed under the Creative Commons License.

Volume 4 (2009): Issue 1 (April 2009)