Evaluation of Performance and Efficiency of Polish Open-End Mutual Funds under High Volatility Environment in Financial Markets

Theoretical background: Retail investors in the financial market have nowadays access to a wide range of investment products. One types such products are open-end funds, which by design asset masses managed professional entities. Open-end funds became one more popular instruments that retail customers purchase. Purpose article: This article aims at determining efficiency mutual as measured rate return. An important point study is determine whether with lower total risk standard deviation achieved losses. Research methods: The research method an analysis performance twenty Polish open-ended three different time horizons, using classic fund measures adjusted for negative returns, i.e. Sharpe, Treynor and Jensen alpha indicators well Israelsen ratios Main findings: It has been observed high volatility had direct impact on returns these funds. When comparing ratio values it appears some analysed equity performed better than, example, stable growth In case stock market, both long short term, did not bring value relation incurred than balanced or even particularly noticeable three-year annual results. because diversification fully work seen since beginning 2022 mostly due falling prices debt securities caused interest increases. also contributes interpretation Sharpe similar rates return measured, may be best compare prioritizes does consider