CD Skripsi
Analisis Perbandingan Reksa Dana Konvensional Dan Reksa Dana Syariah Menggunakan Metode Risk Adjusted Return Yang Terdaftar Di Otoritas Jasa Keuangan
              ABSTRACT
The main objective of this study is to determine and analyze the differences in performance between conventional mutual funds and sharia mutual funds using the Risk Adjusted Return method, namely Sharpe, Jensen, Treynor, MSquare and Information Ratio. The population in this study were all conventional mutual funds and sharia mutual funds that were officially registered with the Financial Services Authority (OJK) and active during the 2020-2022 research period. The sampling technique was based on several considerations (purposive sampling) and obtained 40 mutual fund samples, 20 conventional mutual funds and 20 sharia mutual funds. This study uses non-parametric analysis, by conducting the Kolmogorov Smirnov test for normality testing and a difference test using the Mann-Whitney test. The results of the Mann-Whitney test show that there is a difference between the performance of conventional mutual funds and the performance of sharia mutual funds using the Sharpe and MSquare ratio methods, but there is no difference between the performance of conventional mutual funds and the performance of sharia mutual funds using the Treynor, Jensen, and Information Ratio methods.
Keywords: Conventional Mutual Funds, Sharia Mutual Funds, Sharpe Ratio, Jensen Ratio, Trenor Ratio, MsQuare Ratio, and Information Ratio.            
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