Analisis Exchange Traded Fund (ETF) Sebagai Alternatif Investasi Periode Januari 2008 - April 2009 Di Bursa Efek Indonesia

Alitha, Nurul (2010) Analisis Exchange Traded Fund (ETF) Sebagai Alternatif Investasi Periode Januari 2008 - April 2009 Di Bursa Efek Indonesia. S1 thesis, STIE Indonesia Banking School.

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Abstract

This research is talking about Exchange Traded Fund (ETF) as an instrument of investment in Indonesian Stock Exchange (IDX). ETFis a mutual fund that trades like a stock. The objectives of this research are to find out the benefits and weaknesses of ETF, to compare the performance between ETF and its reference index, and also to compare the return and risk of ETF with conventional mutual funds. The main objects of this research are two types of ETF that exist in IDX, called R-LQ45X and R-ABFII. Index LQ-45 and iBoxx ABF Indonesia Index as the reference index, Manulife Saham Andalan mutual funds (RDS MSA) and Schroder Dana Mantap Plus II mutual funds (RDPT SDMP II) as benchmark to conventional mutual funds in measuring return and risk of each investment in the period of January 2008 until April 2009. The method used is library research to secondary data that were collected from official institution, newspaper and internet. This research also use Independent Samples t-Test with α=0.05 to know the significant differences of average return between ETFs and conventional mutual funds. The results show that the performance of ETFs are can not exceed the markets performance. Either R-LQ45X and R-ABFII, their performance are lower than conventional mutual funds. The results from Independent Samples t-Test show that there is no significant differences of average return between R-LQ45X and RD MSA also R-ABFII and RD SDMP II. Keywords: ETF, mutual fund, return, risk.

Item Type: Thesis (S1)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: KODEPRODI61201#Manajemen
Depositing User: Mrs. Deli Apsa
Date Deposited: 11 Nov 2020 02:04
Last Modified: 11 Nov 2020 02:04
URI: http://repository.ibs.ac.id/id/eprint/1700

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