Essays about: "Index-linked notes"

Showing result 1 - 5 of 6 essays containing the words Index-linked notes.

1. 1. A Wolf In Sheep's Clothing, A study about potential closet indexing in the Swedish equity mutual fund industry.

   University essay from

   Author : Philip Dufwa; Johan Johansson; [2020-08-20]
   Keywords : Active Share; Tracking error; Fund activity; Fees; Mutual funds; Closet indexing; Index hugging;

   Abstract : We measure the activity of Swedish domiciled equity mutual funds with Sweden as geographical investment universe, by calculating their active share with respect to major market indices like OMX30 GI and OMX Small Cap TR and retrieving tracking error and r-squared from Bloomberg. Afterwards we calculate the cost to investors by comparing the cost of investing in comparable explicit index funds and the cost of the closet indexers. READ MORE

3. 2. Equity Mutual Fund Flows and Benchmark Portfolios in Sweden

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Ajla Cavkic; Samuel Makori; [2019]
   Keywords : Mutual fund; Benchmark portfolios; Equity; Business and Economics;

   Abstract : The purpose of our study is to investigate the effect of net flows to mutual funds by isolating the effects of active managed funds and index linked funds on benchmark portfolio returns. We consider factors that cause demand driven price impacts on stocks. READ MORE

4. 3. Index-Linked Mortgages in Sweden : A Study of an Alternative Mortgage Structure

   University essay from KTH/Entreprenörskap och Innovation

   Author : SABRINA CARTER; JOHANNA LARSSON; [2014]
   Keywords : Housing market; mortgages; mortgage interest rate; real estate index; real estate risk; index-linked mortgage; loan; Housing market; mortgages; mortgage interest rate; real estate index; real estate risk;

   Abstract : Households generally have little or no possibility to unload their real estate risk, which constitutes a large part of  their total portfolio risk. The aim of this study is to analyze a way for households to unload this risk through a socalled index-linked mortgage financed by a fund. READ MORE

5. 4. Seeking Active Returns - A Study of Restructing Strategies for Equity Index-Linked Notes

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Johan Edvardsson; Karl-Johan Ek; [2013-06-28]
   Keywords : Equity index-linked notes; restructuring; structured products; index-linked products; GARCH 1; 1 ; principal-protection; time series analysis;

   Abstract : Aim and purpose: The aim of the study is to examine whether an active strategy for restructuring of equity index-linked notes can generate higher returns than a passive ‘buy-and-hold’ strategy. More specifically, the purpose of the study is to examine how an active restructuring strategy, using specific variables to govern market timing, for equity index-linked notes may affect the returns over a given time period, compared with a passive ‘buy-and-hold’ strategy. READ MORE

6. 5. Swedish Breakeven Inflation (BEI) - a market based measure of inflation expectations?

   University essay from Nationalekonomiska institutionen

   Author : Jonas Calmvik; [2008]
   Keywords : Inflation-Linked Bonds; Index Linked; Swedish Bonds; Carry; CPI Seasonality; Sveriges Riksbank; SNDO; Prospera; Inflation Expectations;

   Abstract : The Fisher Equation suggests that the spread between nominal and real interest rates is equal to the inflation expectations. In Sweden, where both nominal and inflation linked bonds exist the fisher equation implies that the yield spread could provide investors and policymakers with important information about markets inflation expectations. READ MORE