跳至主要内容

Index Fund Factor: The View beyond the Wall

Read full paper at:
http://www.scirp.org/journal/PaperInformation.aspx?PaperID=49178#.VJJsGcnQrzE

Author(s)
Index funds are those funds that seek to track the returns of the market benchmarks, such as the Wilshire 5000 and S & P 500 Index. Although many fund managers claim to outperform the market through experience and forecasting, a combination of cost savings, diversification and longevity had helped to keep index funds’ returns float to the top rankings. By using simple quantitative evidence, this paper explained in plain language how investing in index funds can help investors get ahead of the majority of fund managers in terms of consistent returns. The paper equally explained why index funds are likely to continue to outperform not only the average mutual funds but also the conventional stocks and bonds, both in the bull and bear markets.
Cite this paper
Ojih, J. (2014) Index Fund Factor: The View beyond the Wall. Open Journal of Social Sciences, 2, 193-198. doi: 10.4236/jss.2014.29033. 
 

[1] The Economist (2013) The Spanish Economy. http://www.economist.com/news/europe/21578394-spains-pain-likely-continue-despite-some-promising-reforms-unless-new-sources-growth
[2] The Economist (2013) Cyprus. http://www.economist.com/news/leaders/21576676-outlook-cyprus-dire-time-think-again-about-reunification-divided-they-fall
[3] The Economist (2013) European Economy Guide., http://www.economist.com/blogs/graphicdetail/2013/07/european-economy-guide
[4] Kurtz, A. (2013) U.S. Economy Looks Weaker as GDP Is Revised. CNN Money. http://money.cnn.com/2013/06/26/news/economy/gdp-revisions/index.html
[5] Pareto, C. (2009) Investment Facts: What Is an Index Fund? Comment on the U-Tube. http://www.youtube.com/watch?v=h9pwCfPdRMI
[6] Silverblatt, R. (2012) Index Funds Still Beat Most Managers. U.S. News Money. http://money.usnews.com/money/personal-finance/mutual-funds/articles/2012/10/12/study-active-funds-consistently-fail-to-beat-benchmarks
[7] Evans, E.R. and Malkiel, B. (1999) The Index Fund Solution: A Step-By-Step Investor’s Guide. Simon & Schuster, New York.
[8] Morningstar (2013) Morningstar Investing Glossary. http://www.morningstar.com/InvGlossary/expense_ratio.aspx
[9] Bogle, J. (2007) The Little Book of Common Sense Investing. Wiley, Hoboken.
[10] Wild, R. (2009) Index Investing for Dummies. Wiley, Hoboken.
[11] Schoenfeld, S. (2011) Active Index Investing: Maximizing Portfolio Performance and Minimizing Risks. Wiley, Hoboken..
[12] Vanguard Research (2013) The Case for Index Fund Investing. https://personal.vanguard.com/pdf/s296.pdf
[13] Markowitz, H. (1952) Portfolio Selection. The Journal of Finance, 7, 77-91.
[14] Siegel, J.G. and Shim, J.K. (2007) Financial Management. McGraw-Hill, New York.                                                      eww141218lx
标签：

评论

发表评论

此博客中的热门博文

A Comparison of Methods Used to Determine the Oleic/Linoleic Acid Ratio in Cultivated Peanut (Arachis hypogaea L.)

Cultivated peanut ( Arachis hypogaea L.) is an important oil and food crop. It is also a cheap source of protein, a good source of essential vitamins and minerals, and a component of many food products. The fatty acid composition of peanuts has become increasingly important with the realization that oleic acid content significantly affects the development of rancidity. And oil content of peanuts significantly affects flavor and shelf-life. Early generation screening of breeding lines for high oleic acid content greatly increases the efficiency of developing new peanut varieties. The objective of this study was to compare the accuracy of methods used to classify individual peanut seed as high oleic or not high oleic. Three hundred and seventy-four (374) seeds, spanning twenty-three (23) genotypes varying in oil composition (i.e. high oleic (H) or normal/not high oleic (NH) inclusive of all four peanut market-types (runner, Spanish, Valencia and Virginia), were individually tested ...
发表评论
阅读全文

Location Optimization of a Coal Power Plant to Balance Costs against Plant’s Emission Exposure

Fuel and its delivery cost comprise the biggest expense in coal power plant operations. Delivery of electricity from generation to consumers requires investment in power lines and transmission grids. Placing a coal power plant or multiple power plants near dense population centers can lower transmission costs. If a coalmine is nearby, transportation costs can also be reduced. However, emissions from coal plants play a key role in worsening health crises in many countries. And coal upon combustion produces CO 2 , SO 2 , NO x , CO, Metallic and Particle Matter (PM10 & PM2.5). The presence of these chemical compounds in the atmosphere in close vicinity to humans, livestock, and agriculture carries detrimental health consequences. The goal of the research was to develop a methodology to minimize the public’s exposure to harmful emissions from coal power plants while maintaining minimal operational costs related to electric distribution losses and coal logistics. The objective was...
发表评论
阅读全文

Evaluation of the Safety and Efficacy of Continuous Use of a Home-Use High-Frequency Facial Treatment Appliance

At present, many home-use beauty devices are available in the market. In particular, many products developed for facial treatment use light, e.g., a flash lamp or a light-emitting diode (LED). In this study, the safety of 4 weeks’ continuous use of NEWA TM , a high-frequency facial treatment appliance, every alternate day at home was verified, and its efficacy was evaluated in Japanese individuals with healthy skin aged 30 years or older who complained of sagging of the facial skin.  Transepidermal water loss (TEWL), melanin levels, erythema levels, sebum secretion levels, skin color changes and wrinkle improvement in the facial skin were measured before the appliance began to be used (study baseline), at 2 and 4 weeks after it had begun to be used, and at 2 weeks after completion of the 4-week treatment period (6 weeks from the study baseline). In addition, data obtained by subjective evaluation by the subjects themselves on a visual analog scale (VAS) were also analyzed. Fur...
发表评论
阅读全文