02827nam a22004811i 4500 000707167 CaToSAGE 20240202172917.0 20190104174335.4 m|||||o||d|||||||| cr ||||||||||| 190104r20172017enka fo 000 0|eng|d NEZPRACOVANÝ IMPORT 9781526460363 (ebook) : No price (OCoLC)1089143353 CaToSAGE eng CaToSAGE rda pn UtOrBLW HG4530 .H55 2017 332.6327 Hilario, Jan, author. Closing time / Jan Hilario, Maik Meusel, Walt Pohl, Karl Schmedders. London : Kellogg School of Management, 2017. 1 online resource : illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier SAGE Knowledge. Cases Originally Published InHilario, J., Meusel, M., Polh, W., & Schmedders, K. (2017). Closing time. 5-217-258. Evanston, IL: Kellogg School of Management at Northwestern University. Jennifer McDougall is considering investing in mutual funds for the first time, and has narrowed her options down to three: one that is domiciled in Germany, and two that are domiciled in Luxembourg. As a cautious and risk-averse investor, Jennifer has done extensive research on the three funds, and has come across a curious fact: the beta of the German fund is surprisingly low. After speaking to her financial planner, she learns there is no legal requirement in Germany for mutual funds to compute net asset values at a particular time of the day. If the German fund is closing its books in the middle of the day and its net asset values reflect its midday holdings, rather than end-of-day holdings, this could explain the low beta. Thus, the German fund might appear less risky, without actually being so. Jennifer needed to get a clearer picture of what was going on before making her decision.Using the data provided with the case, students will determine the closing time of the three funds and how that affects the beta of each. Then they must make a recommendation about which fund would be the best investment for Jennifer. Description based on XML content. elektronické knihy fd186907 czenas electronic books eczenas Mutual funds Case studies. Risk management Case studies. Meusel, Maik, author. Pohl, Walt, author. Schmedders, Karl, author. SAGE Knowledge. Cases. SAGE Knowledge https://sk.sagepub.com/cases/closing-time Plný text SBC EB NEPOSILAT EB