ETF or Index Fund?
(2013) FEK591 20131Department of Business Administration
- Abstract
- The purpose of this thesis is to understand whether Exchange Traded Funds or Index Funds are superior to each other when investing in the same index. Second purpose, if it is concluded that neither is fully superior, is to understand if Exchange Traded Funds and Index Funds are perfect substitutes or complimenting each other.
The approach in this thesis is both using a quantitative data analysis through regression models and portfolio theory and completing the method with a qualitative approach to find non-quantifiable factors impacting the set out purpose.
It is concluded that ETFs and Index Funds are much more a compliment to each other than perfect substitutes. This answers the question how both so similar investment products... (More) - The purpose of this thesis is to understand whether Exchange Traded Funds or Index Funds are superior to each other when investing in the same index. Second purpose, if it is concluded that neither is fully superior, is to understand if Exchange Traded Funds and Index Funds are perfect substitutes or complimenting each other.
The approach in this thesis is both using a quantitative data analysis through regression models and portfolio theory and completing the method with a qualitative approach to find non-quantifiable factors impacting the set out purpose.
It is concluded that ETFs and Index Funds are much more a compliment to each other than perfect substitutes. This answers the question how both so similar investment products coexist and even grow simultaneously. The reason they are a compliment to each other has to do with style of investment, time horizon and size of investments. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3955006
- author
- Bootz, Carl Henrik Marcus LU
- supervisor
- organization
- alternative title
- Index investing in Sweden
- course
- FEK591 20131
- year
- 2013
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Index, ETF, exchange traded funds, börshandlade fonder, Index funds, passiv fond
- language
- English
- id
- 3955006
- date added to LUP
- 2013-08-01 11:49:37
- date last changed
- 2013-08-01 11:49:37
@misc{3955006,
abstract = {{The purpose of this thesis is to understand whether Exchange Traded Funds or Index Funds are superior to each other when investing in the same index. Second purpose, if it is concluded that neither is fully superior, is to understand if Exchange Traded Funds and Index Funds are perfect substitutes or complimenting each other.
The approach in this thesis is both using a quantitative data analysis through regression models and portfolio theory and completing the method with a qualitative approach to find non-quantifiable factors impacting the set out purpose.
It is concluded that ETFs and Index Funds are much more a compliment to each other than perfect substitutes. This answers the question how both so similar investment products coexist and even grow simultaneously. The reason they are a compliment to each other has to do with style of investment, time horizon and size of investments.}},
author = {{Bootz, Carl Henrik Marcus}},
language = {{eng}},
note = {{Student Paper}},
title = {{ETF or Index Fund?}},
year = {{2013}},
}