ANALISIS PENGARUH STOCK SELECTION SKILL, MARKET TIMING ABILITY, DAN FUND LONGEVITY TERHADAP KINERJA REKSA DANA SAHAM SYARIAH

Dina Aulia Rachmah, Asrid Juniar

Abstract


This study aims to analyze the effect of Stock Selection Skill, Market Timing Ability, and Fund Longevity on shariah mutual funds performance. The population in this study is shariah mutual  funds  companies registered in BAPEPAM  for the period of 2013-2015. The type of this research is descriptive with quantitative approach.  The sampling method used in this study was purposive sampling method. Based on predetermined criteria, 9 mutual funds companies were selected as samples. Data analysis methods used in this study were descriptive statistical analysis, classical assumption test, and multiple linear regression analysis with hypothesis testing using SPSS 21 program.  The results show that stock selection skill and market timing ability have no effect on mutual funds performance while fund longevity has positive effect on mutual funds performance.

Keywords : Stock Selection Skill, Market Timing Ability, Fund Longevity, Mutual  Funds Performance


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