Truth in Mutual Fund Advertising : Evidence on Future Performance and Fund Flows
نویسندگان
چکیده
participants at the workshops at Tulane University and the annual Financial Management Association meetings, two anonymous referees and many of our colleagues for helpful comments at various stages of this research. We also thank Lipper Analytical Services, Inc. for providing data on monthly total net assets and returns, and thank Mark Carhart for data on factor returns to estimate four-factor models.
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