Sinclair's study in 1990 for Australian mutual funds reports negative returns for market timing.
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Q15: A criticism of Jensen's alpha is that:
A)
Q16: Past performance is not useful for funds
Q17: A portfolio with a beta of
Q18: Carhart's Alpha is a measure of
Q19: Henriksson and Merton (1981)measure market timing using
Q21: Robson (1986)examines managed funds in Australia over
Q22: The performance persistence study by Carhart in
Q23: An English survey of 2000 investors
Q24: Blake,Lehmann and Timmerman (1999)find that the _
Q25: Portfolio A has a return of
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