Analisis Kinerja Reksa Dana
Abstract
The purpose of this research is to determine the effect of fund cash cash flow, fund size, fund age, and expense ratio variables on mutual fund performance. The population in this research is stock mutual fund products that are recorded and supervised by the OJK in 2019-2020. This research method is quantitative. The sample determination technique used purposive sampling, and produced 25 samples. The analysis technique in this study used multiple linear regression in SPSS software. The results showed that the calculated F test = 22.812 and a significance value (Sig.) = 0.000 <0.05. In conclusion, there is influence between the variables of fund cash flow, fund size, fund age, and expense ratio on the performance of mutual funds.
Keywords: Expense Ratio, Fund Age, Fund Cash Flow, Fund Size, Mutual Fund Performance
References
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Yuniningsih, Y., Widodo, S., & Nizarudin, B. (2012). An Analysis of Decision Making in the Stock Investment. Economic: Jurnal Ekonomi dan Hukum Islam, 2(1), 122–129. http://ejournal.kopertais4.or.id/tapalkuda/index.php/economic/article/view/2987
Annuru, M., Utaminingtyas, T. H., & Muliasari, I. (2020a). Pengaruh Expense ratio, Portofolio Turnover dan Fund Flow terhadap Kinerja Reksa Dana Saham Di Indonesia tahun 2015-2017. Jurnal Akuntansi, Perpajakan dan Auditing, 1(2), 234–248. http://pub.unj.ac.id/index.php/japa/article/view/96
Arief, T. (2018). Reksa Dana Saham & Pasar Uang Kian Diminati Investor. https://market.bisnis.com/read/20180201/92/733448/sucorinvest-reksa-dana-saham-pasar-uang-kian-diminati-investor
Asmoro, R. M. S., & Syaichu, M. (2022). Analisis Pengaruh Umur Reksa Dana, Tingkat Risiko, Expense ratio, Turnover Ratio, dan Market Timing Ability terhadap Kinerja Reksa Dana Saham Syariah Periode 2016-2020. Diponegoro Journal of Management, 11, 1–12. https://ejournal3.undip.ac.id/index.php/djom/article/view/33968
Asriwahyuni, I. G. A. P. (2017). Pengaruh Ukuran dan Umur pada Kinerja Reksa Dana Saham di Indonesia. E-Jurnal Akuntansi, 21(2), 1460–1487. https://ojs.unud.ac.id/index.php/Akuntansi/article/view/34241
CNBC, I. (2020). Infovesta: Awal 2020, Kinerja Reksa Dana Turun Lebih dari 20%. CnbcIndonesia.Com. https://www.cnbcindonesia.com/market/20200407174654-19-150393/infovesta-awal-2020-kinerja-reksa-dana-turun-lebih-dari-20
Dewi, H. K. (2022). Review Kinerja Indeks Saham 2021, Reksadana Mana Paling Untung? Bareksa.Com. https://www.bareksa.com/berita/reksa-dana/2022-01-03/review-kinerja-indeks-saham-2021-reksadana-mana-paling-untung
Dewi, K., & Nurwulandari, A. (2022). Pengaruh Stock Selection Skill, Market Timing Ability, dan Fund Age terhadap Kinerja Reksa Dana Saham dengan Fund Cash Flow sebagai Variabel Intervening pada Perusahaan yang Terdaftar di Otoritas Jasa Keuangan Periode 2016 – 2020. Jurnal Ilmiah Akuntansi Dan Keuangan, 5(2), 1052–1063. https://journal.ikopin.ac.id/index.php/fairvalue/article/view/1306
Dharmastuti, C. F., & Dwiprakasa, B. (2017). Karakteristik Reksa Dana dan Kinerja Reksa Dana Saham di Indonesia. Jurnal Ekonomi, 22(1), 94–116. https://doi.org/10.24912/je.v22i1.181
Chariri, A., & Ghozali, I. 2007. Teori Akuntansi. Semarang: Badan Penerbit Universitas Diponegoro
Hendrarini, H. (2011). Rasio Keuangan dan Pengaruhnya terhadap Harga Saham Perusahaan yang Terdaftar di Jakarta Islamic Index. Journal of Business and Banking, 1(1), 93. https://doi.org/10.14414/jbb.v1i2.243
Lidyah, R. (2017). Pengaruh Total Aset, Expense Ratio dan Portofolio Turnover terhadap Kinerja Reksadana Saham di Indonesia. I-Economics: A Research Journal on Islamic Economics, 3(1), 19–37. http://jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/1495
Prabowo, B. E. (2018). Analisis Pengaruh Expense ratio, Market Timing Ability, Fund age, Fund size, dan Fund cash flow terhadap Kinerja Reksa Dana Saham. Skripsi. Universitas Islam Indonesia,Yoygakarta
Savanah, A. N., & Takarini, N. (2021). Analisis Faktor-Faktor yang Mempengaruhi Minat Investasi Keuangan pada Mahasiswa Manajemen UPN “Veteran†Jawa Timur. Jurnal Sosial Ekonomi Dan Politik, 2, 84–92. http://www.jsep.sasanti.or.id/index.php/jsep/article/download/37/32
Simu, N. (2021). Kinerja Reksadana Saham di Situs Bareksa. Management & Accounting Expose, 2(2), 73–84. https://doi.org/10.36441/mae.v2i2.99
Tandelilin, E. (2017). Pasar Modal: Manajemen & Portofolio Investasi. Yogyakarta: Kanisius
Wicaksono, M. P., & Sampurno, R. D. (2017). Analisis Pengaruh Fund age, Market Timing Ability, Stock Selection Skill, Portfolio Turnover dan Fund size Terhadap Kinerja Reksadana Sayariah Periode 2013 - 2015. Diponegoro Journal of Management, 6(3), 1–11. https://ejournal3.undip.ac.id/index.php/djom/article/view/17422
Yuniningsih, Y., Widodo, S., & Nizarudin, B. (2012). An Analysis of Decision Making in the Stock Investment. Economic: Jurnal Ekonomi dan Hukum Islam, 2(1), 122–129. http://ejournal.kopertais4.or.id/tapalkuda/index.php/economic/article/view/2987
Published
2023-05-01
Section
Articles
