Abstract: Mutual funds are other investment opportunities with measurable risk, high return and enough
capital affordable to the community. Mutual funds have an investment manager with ability and
knowledge which can predict the market condition in the future. This research aims to analyst
how age and size of mutual fund can influence the performance of mixed mutual funds. The data
that used in this research are monthly data on Net Asset Value (NAV), monthly data on SBI
(Certificate of Bank Indonesia), and prospectus of 27 mixed mutual fund that were sampled. As a
research methodology, we used Sharpe Index. The result of this study showed that both age and
size have influence to the mixed mutual fund performance in Indonesia. |