dc.contributor.author | Rauland, Anette Eriksen | |
dc.contributor.author | Shalak, Alexandra | |
dc.date.accessioned | 2021-10-21T12:55:15Z | |
dc.date.available | 2021-10-21T12:55:15Z | |
dc.date.issued | 2021 | |
dc.identifier.uri | https://hdl.handle.net/11250/2824545 | |
dc.description | Masteroppgave(MSc) in Master of Science in Finance/(Financial Economics) - Handelshøyskolen BI, 2021 | en_US |
dc.description.abstract | Our thesis examines the nancial performance of open-ended mutual
funds with a Morningstar Sustainability rating from January
2015 to December 2020. We use four di erent factor models to
investigate whether the hypothesis that SRI funds o er protection
during times of crisis, such as the COVID-19 pandemic. We distribute
the funds based on their level of sustainable investments
to see what level of ESG-risk is most pro table on a risk-adjusted
basis. Our results indicate that sustainable mutual funds underperform
the market portfolio during non-crisis and crisis times,
although less in times of crisis. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Handelshøyskolen BI | en_US |
dc.subject | finans | en_US |
dc.subject | financial economics | en_US |
dc.subject | finance | en_US |
dc.title | Do Sustainable Mutual Funds Offer Protection in Times of Market Instability? | en_US |
dc.type | Master thesis | en_US |