search query: @indexterm DIVERSIFICATION / total: 686
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| Author: | Pennathur, A.K. Delcoure, N. Anderson, D. |
| Title: | Diversification benefits of iShares and closed-end country funds |
| Journal: | Journal of Financial Research
2002 : WINTER, VOL. 25:4, p. 541-557 |
| Index terms: | Diversification Performance appraisal Shares |
| Freeterms: | Country funds |
| Language: | eng |
| Abstract: | The performance and diversification of iShares and their rival closed-end country funds is studied from April 1996 to December 1999. International iShares are country-specific series of securities that track the price and yield of a specific Morgan Stanley Capital Internation (MSCI) country index and, presumably, should provide diversification benefits. It is demonstrated in this single-index model that iShares replicate the home index, showing some potential for diversification. |
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