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Greene et al., 2002 - Google Patents

The dilution impact of daily fund flows on open-end mutual funds

Greene et al., 2002

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Document ID
10604849567368677159
Author
Greene J
Hodges C
Publication year
Publication venue
Journal of Financial Economics

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Snippet

We examine how mutual fund flows that are correlated with subsequent fund returns can have a dilution impact on the performance of open-end funds. Active trading of open-end funds has a meaningful economic impact on the returns of passive, nontrading …
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