Exchange Traded Funds – Investment Opportunities and Sourcing Potential

ABSTRACT

Recent financial innovation includes Exchange Traded Funds, Index funds, Hedge funds, Private equity, weather derivatives etc. This article attempts to study the Index Fund Investments and Exchange Traded Funds. The mean variance profile and market efficiency in the trading Gold Exchange Traded Funds have to be attain to assess whether it is an attractive to investment choice. In this study, the mean and variance of Gold Exchange Traded Funds have been studied for a period of 48 months. The objective of the study is to analyse whether the mean and variance of Gold Exchange Traded Funds are vary across various time periods and within the same category. The association between mean of various Gold Exchange Traded Funds has also been examined. The Impact of SENSEX, on movement of Gold Exchange Traded Funds has been studied. The daily mean of Gold Exchange Traded Funds has been used in the statistical analysis of mean and variance.

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