ANALISIS PENGARUH STOCK SELECTION SKILL, MARKET TIMING ABILITY, DAN FUND LONGEVITY TERHADAP KINERJA REKSA DANA SAHAM SYARIAH

Abstract

This study aims to analyze the effect of Stock Selection Skill, Market Timing Ability, and Fund Longevity
on shariah mutual funds performance. The population in this study is shariah mutual funds companies
registered in BAPEPAM for the period of 2013-2015. The type of this research is descriptive with
quantitative approach. The sampling method used in this study was purposive sampling method. Based
on predetermined criteria, 9 mutual funds companies were selected as samples. Data analysis methods
used in this study were descriptive statistical analysis, classical assumption test, and multiple linear
regression analysis with hypothesis testing using SPSS 21 program. The results show that stock selection
skill and market timing ability have no effect on mutual funds performance while fund longevity has
positive effect on mutual funds performance.