ERDEM, Orhan; ÖZTÜRKKAL, Belma - In: Iktisat Isletme ve Finans 27 (2012) 321, pp. 39-56
This is an analysis of the mutual funds in Turkey with respect to their risk-altering behavior. Using the monthly … returns and volatilities of 133 funds from 2002 to 2007, we divide each year in two parts and check whether or not the funds … sufficient evidence that the funds which have lower/higher performance in the first part of the year have higher/lower risk …