Investment Criteria for Mutual Fund Selection ; Contents; Abbreviations; Symbols; Figures; 1 Introduction; 1.1 Investments in Mutual Funds; 1.2 Remarks and Structure of the Study; 2 Mutual Funds; 2.1 Mutual Fund Basics; 2.2 Mutual Fund Functionality; 2.3 Mutual Fund Ratings; 3 Mutual Fund Performance; 3.1 What is Important about Mutual Fund Performance; 3.2 Active Investments; 3.3 Persistence in Mutual Fund Performance and Mutual Fund Ratings; 3.4 Mutual Fund Flows and Determinants; 4 Determinants and Mutual Fund Performance and (Potential) Problems; 4.1 Why Decomposing Fund Performance
4.2 Mutual Fund Fees and Expenses4.3 Board and Management Linked Parameters; 4.4 Exits in Mutual Funds; 4.5 Bank Affiliation; 4.6 Corporate Elements and Performance; 4.7 The Active Share of Mutual Funds; 4.8 Incentives in Mutual Funds; 4.9 A Cross-sectional View on Hedge Funds; 5 Mutual Fund Selection; 5.1 What Investors Really Do? -- Is Such a Behavior Rational?; 5.2 Alternative Criteria in the Mutual Fund Selection; 6 Conclusion; 7 References
