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An individual level analysis of the mutual fund investment decision

Publication ,  Journal Article
Capon, N; Fitzsimons, GJ; Prince, RA
Published in: Journal of Financial Services Research
January 1, 1996

This study investigates the manner in which consumers make investment decisions for mutual funds. Investors report that they consider many nonperformance related variables. When investors are grouped by similarity of investment decision process, a single small group appears to be highly knowledgeable about its investments. However, most investors appear to be naive, having little knowledge of the investment strategies or financial details of their investments. Implications for mutual fund companies are discussed. © 1996 Kluwer Academic Publishers.

Duke Scholars

Published In

Journal of Financial Services Research

DOI

ISSN

0920-8550

Publication Date

January 1, 1996

Volume

10

Issue

1

Start / End Page

59 / 82

Related Subject Headings

  • Finance
  • 3502 Banking, finance and investment
  • 3501 Accounting, auditing and accountability
  • 1502 Banking, Finance and Investment
  • 1501 Accounting, Auditing and Accountability
 

Citation

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Capon, N., Fitzsimons, G. J., & Prince, R. A. (1996). An individual level analysis of the mutual fund investment decision. Journal of Financial Services Research, 10(1), 59–82. https://doi.org/10.1007/BF00120146
Capon, N., G. J. Fitzsimons, and R. A. Prince. “An individual level analysis of the mutual fund investment decision.” Journal of Financial Services Research 10, no. 1 (January 1, 1996): 59–82. https://doi.org/10.1007/BF00120146.
Capon N, Fitzsimons GJ, Prince RA. An individual level analysis of the mutual fund investment decision. Journal of Financial Services Research. 1996 Jan 1;10(1):59–82.
Capon, N., et al. “An individual level analysis of the mutual fund investment decision.” Journal of Financial Services Research, vol. 10, no. 1, Jan. 1996, pp. 59–82. Scopus, doi:10.1007/BF00120146.
Capon N, Fitzsimons GJ, Prince RA. An individual level analysis of the mutual fund investment decision. Journal of Financial Services Research. 1996 Jan 1;10(1):59–82.
Journal cover image

Published In

Journal of Financial Services Research

DOI

ISSN

0920-8550

Publication Date

January 1, 1996

Volume

10

Issue

1

Start / End Page

59 / 82

Related Subject Headings

  • Finance
  • 3502 Banking, finance and investment
  • 3501 Accounting, auditing and accountability
  • 1502 Banking, Finance and Investment
  • 1501 Accounting, Auditing and Accountability