Performance Evaluation of Mutual Funds in Egypt
Keywords:
Mutual funds, egypt, sharp model, investment return, RiskAbstract
Abstract
This paper the evaluate the performance of the Mutual funds in Egypt by assessing their ability to attract investors savings and generate profitable returns to increase the volume of investment and achieve economic benefit, using annual dataset and employing a sharp and Treynor Indexes , our results show that the return rates on the listed funds were relatively low in Egypt, but some of the funds had higher returns than government treasury bills, which averaged 9.9213. The highest rate was 21.21% and 5.5% the lower rate of return. However, a number of funds achieved negative values as their rate return was lower than the rate of return on treasury bills, and the risk indicator in the Fund was higher as Faisal Bank mutual fund, which had - 3.47% rate of return.