Tracking Error Determinants in Mutual Funds: The Case of Regional Stock Exchange in West Africa

Authors

  • MOHAMED LAMINE MBENGUE Department of Management Gaston Berger University, Saint-Louis Tel: +22177 187 03 02 Mohamed-lamine.
  • BABACAR SENE Faculty of Economic and Management Cheikh Anta Diop University Dakar
  • MAME ABDOU DIOP Department of Management Gaston Berger University Saint-Louis
  • MODOU DIENG Faculty of Economics - Management Alioune Diop University Bambey

Keywords:

Mutual fund, Tracking Error, Regional Stock Exchange (BRVM)

Abstract

The BRVM (Regional Stock Exchange in West Africa) mutual fund (MF) market has grown rapidly in recent years. The performances obtained have allowed specific financial market shares to be included in the MSCI Frontier Market Index. This promotion facilitated the visibility of the BRVM to international investors. This study is part of this dynamic and evaluates the tracking errors of MF and their determinants. Results show that entry and exit fees, management fees, strategies, valuation frequencies, and size are determinants of the tracking errors of BRVM MFs.

Published

2024-05-16

How to Cite

MOHAMED LAMINE MBENGUE, BABACAR SENE, MAME ABDOU DIOP, & MODOU DIENG. (2024). Tracking Error Determinants in Mutual Funds: The Case of Regional Stock Exchange in West Africa. Bankers, Markets & Investors, 1(176). Retrieved from https://journaleska.com/index.php/bmi/article/view/9432

Issue

No. 176 (2024): BMI

Section

Articles