Tracking Error in Index Funds

The present research investigates the tracking error in UAE index funds and explores the tracking error related models. Five tracking models were used and divided into two major types. The first type is the Quadratic tracking Error Model which extensively studied by (Roll, 1992) and included one mod...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hasan, Abdel Salam Abu (author)
منشور في: 2011
الموضوعات:
الوصول للمادة أونلاين:http://bspace.buid.ac.ae/handle/1234/102
الوسوم: إضافة وسم
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author Hasan, Abdel Salam Abu
author_facet Hasan, Abdel Salam Abu
author_role author
dc.creator.none.fl_str_mv Hasan, Abdel Salam Abu
dc.date.none.fl_str_mv 2011-04
2013-05-20T12:50:51Z
2013-05-20T12:50:51Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 70048
http://bspace.buid.ac.ae/handle/1234/102
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv index funds
United Arab Emirates (UAE)
quadratic tracking error model
mean absolute deviation Tracking Error Model
Emirates Securities Market (ESM)
Net Asset Values (NAVs)
dc.title.none.fl_str_mv Tracking Error in Index Funds
dc.type.none.fl_str_mv Dissertation
description The present research investigates the tracking error in UAE index funds and explores the tracking error related models. Five tracking models were used and divided into two major types. The first type is the Quadratic tracking Error Model which extensively studied by (Roll, 1992) and included one model. The second type is the Mean Absolute Deviation Tracking Error Models and covers four models. Mean Absolute Deviation Tracking Error Model is following linear programming methods (Rudolf, Hurgen, & Heinz, 1999). The empirical data were collected from Emirates Securities Market (ESM). Four major funds have been studied and analyzed. Tracking error models have been implemented on the funds using the historical net asset values (NAVs). Each model has been implemented separately on each fund to investigate the effect on the percentage of the differences between the fund’s returns and benchmark’s returns.
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network_acronym_str budr
network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/102
publishDate 2011
publisher.none.fl_str_mv The British University in Dubai (BUiD)
repository.mail.fl_str_mv
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spelling Tracking Error in Index FundsHasan, Abdel Salam Abuindex fundsUnited Arab Emirates (UAE)quadratic tracking error modelmean absolute deviation Tracking Error ModelEmirates Securities Market (ESM)Net Asset Values (NAVs)The present research investigates the tracking error in UAE index funds and explores the tracking error related models. Five tracking models were used and divided into two major types. The first type is the Quadratic tracking Error Model which extensively studied by (Roll, 1992) and included one model. The second type is the Mean Absolute Deviation Tracking Error Models and covers four models. Mean Absolute Deviation Tracking Error Model is following linear programming methods (Rudolf, Hurgen, & Heinz, 1999). The empirical data were collected from Emirates Securities Market (ESM). Four major funds have been studied and analyzed. Tracking error models have been implemented on the funds using the historical net asset values (NAVs). Each model has been implemented separately on each fund to investigate the effect on the percentage of the differences between the fund’s returns and benchmark’s returns.The British University in Dubai (BUiD)2013-05-20T12:50:51Z2013-05-20T12:50:51Z2011-04Dissertationapplication/pdf70048http://bspace.buid.ac.ae/handle/1234/102enoai:bspace.buid.ac.ae:1234/1022021-10-07T12:29:16Z
spellingShingle Tracking Error in Index Funds
Hasan, Abdel Salam Abu
index funds
United Arab Emirates (UAE)
quadratic tracking error model
mean absolute deviation Tracking Error Model
Emirates Securities Market (ESM)
Net Asset Values (NAVs)
title Tracking Error in Index Funds
title_full Tracking Error in Index Funds
title_fullStr Tracking Error in Index Funds
title_full_unstemmed Tracking Error in Index Funds
title_short Tracking Error in Index Funds
title_sort Tracking Error in Index Funds
topic index funds
United Arab Emirates (UAE)
quadratic tracking error model
mean absolute deviation Tracking Error Model
Emirates Securities Market (ESM)
Net Asset Values (NAVs)
url http://bspace.buid.ac.ae/handle/1234/102