Do Sustainable Mutual Funds Offer Protection in Times of Market Instability?

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