The formation of an integral portfolio of assets and liabilities for mutual funds taking into account the risk
Date
2003Author
Rutkauskas, Aleksandras Vytautas
Tamošiūnienė, Rima
Kucko, Irena
Metadata
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This article examines the origin and rapid development of mutual funds, discusses the main advantages and disadvantages and analyses management and risk issues. Attention is focused upon the formation of an integral portfolio of assets and liabilities and the probability of the selection of different types of funds according to desired profitability and acceptable risk. A solution is arrived at by determining the whole complex of possible portfolios, looking for an efficiency zone and selecting the optimal portfolio.