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ETF or Index Fund?

Bootz, Carl Henrik Marcus LU (2013) FEK591 20131
Department 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:
author
Bootz, Carl Henrik Marcus LU
supervisor
organization
alternative title
Index investing in Sweden
course
FEK591 20131
year
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},
  keyword      = {Index,ETF,exchange traded funds,börshandlade fonder,Index funds,passiv fond},
  language     = {eng},
  note         = {Student Paper},
  title        = {ETF or Index Fund?},
  year         = {2013},
}