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This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find that investors punish bad performance by selling their shares, but also have a tendency to sell winners. Investors in large fund families show higher sales and redemption...
Persistent link: https://www.econbiz.de/10008666514
Persistent link: https://www.econbiz.de/10009733290
This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find that investors punish bad performance by selling their shares, but also have a tendency to sell winners. Investors in large fund families show higher sales and redemption...
Persistent link: https://www.econbiz.de/10012989248
This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find that investors punish bad performance by selling their shares, but also have a tendency to sell winners. Investors in large fund families show higher sales and redemption...
Persistent link: https://www.econbiz.de/10003967206
Persistent link: https://www.econbiz.de/10011637148
Persistent link: https://www.econbiz.de/10013432828
This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find that investors punish bad performance by selling their shares, but also have a tendency to sell winners. Investors in large fund families show higher sales and redemption...
Persistent link: https://www.econbiz.de/10013141827
Persistent link: https://www.econbiz.de/10000678772
Vor der Unternehmenssteuerreform 2008/2009 war bei der Besteuerung von Aktienfonds das Transparenzprinzip weitestgehend …Before the corporate tax reform in Germany in 2008, taxation of equity funds was based on the principle of transparency …
Persistent link: https://www.econbiz.de/10003873000