Mutual Fund Derivative Use Revealed
The paper studies fund derivative use and its impact on performance using new SEC data, revealing that despite small portfolio weights, derivatives significantly contribute to fund returns, with most funds using derivatives to amplify rather than hedge equity returns.
Featured in No. 38 on 21 Feb 2024 ·
- Released
- 3 Oct 2022
- First featured
- No. 38 · 21 Feb 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 2
- Identifier
- SSRN 4732904
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