hkr.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Smart Beta: en kvantitativ studie om hur tre Smart Beta-strategier presterar på den svenska aktiemarknaden
Kristianstad University, Faculty of Business.
Kristianstad University, Faculty of Business.
2020 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Recently, the debate on passive versus active fund management has been a major focus on

the Swedish capital market. Passive management is gaining more and more market shares.

However, theories and previous research show that Smart Beta strategies outperform their

passive benchmark index. The Smart Beta strategy is described as a hybrid between active

and passive fund management, where it takes advantage of the low management cost of

passive fund management and active fund management’s ability to select. This study

presents three new Smart Beta strategies based on the key ratios ROA, profit margin and

gross margin.

The purpose of the study is to investigate whether any of the three Smart Beta portfolios

can perform better than the Swedish market based on OMXS30 from a risk-adjusted

perspective.

Previous studies have shown that Smart Beta portfolios outperform their benchmark index.

However, this study's contributing key figures show no excess return for the investigated

period on the Swedish stock market.

Place, publisher, year, edition, pages
2020. , p. 60
Keywords [en]
Smart Beta, passive versus active management, index funds, OMXS30
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hkr:diva-21194OAI: oai:DiVA.org:hkr-21194DiVA, id: diva2:1466516
Subject / course
Banking and financing
Educational program
Degree of Bachelor of Science in Business and Economics
Supervisors
Examiners
Available from: 2020-09-16 Created: 2020-09-11 Last updated: 2020-09-16Bibliographically approved

Open Access in DiVA

fulltext(797 kB)145 downloads
File information
File name FULLTEXT01.pdfFile size 797 kBChecksum SHA-512
4f9b568845576f6982514b3345c212d77c73ba8fab35d5d9144db88993820a1de224e3455c8206a35c0d454728295919b0481677f7fca054afd42670c427ab6a
Type fulltextMimetype application/pdf

By organisation
Faculty of Business
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 145 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 216 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf