Journal of Applied Finance & Accounting
Vol. 7 No. 2 (2020): Publish on June 2020

THE EFFECTS OF INFLATION, RISK, AND MONEY SUPPLY ON MUTUAL FUNDS PERFORMANCE

Leonardo Cheng (Bina Nusantara University, Jl. Jalur Sutera Barat Kav.21, Alam Sutera, Tangerang, 021-2977 9100)
Kartika Dewi (Bina Nusantara University, Jl. Jalur Sutera Barat Kav.21, Alam Sutera, Tangerang, 021-2977 9100)

Article Info

Publish Date
20 Apr 2020

Abstract

This research aims to examine the effect of inflation, risk rate and money supply on the performance of stock mutual funds in the 2015-2017 period. This research uses purposive sampling and obtained 25 mutual funds stocks per year with a total sample of 75 samples. The analysis uses panel data regression with e-views version 9. The results show that inflation and money supply variable have a significant negative influence, while the risk rate variable has a significant positive influence. This shows that the performance of the stock mutual funds is influenced by macroeconomic factors such as inflation, the level of risk of each mutual fund product and the amount of money circulating in the community.

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Journal Info
Journal of Applied Finance & Accounting
Website

Abbrev

JAFA

Publisher

Universitas Bina Nusantara

Subject

Economics, Econometrics & Finance

Description

Journal of Applied Finance & Accounting (JAFA) showcases useful theoretical and methodological results with the support of interesting empirical applications in the area of Finance and Accounting. Purely theoretical and methodological research with the potential for important applications is also ...