kaal:claim:2811729-019

Unconstrained mutual funds are proliferating at a significant rate, growing steadily since 2007, with the overall trend between 2010 and 2015 showing a steady increase in launches.

UMFs are proliferating at a significant rate. Figure 2 demonstrates that since 2007 the number of UMFs has grown at a steady pace. Although 2012 was a weaker year for UMF formation, the overall trend between 2010 and 2015 shows a steady increase in the launch of UMFs.

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016), IV. Data, p. 35
https://ssrn.com/abstract=2811729 · source PDF

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016). SSRN: https://ssrn.com/abstract=2811729

• fund inception data for the sample of 84 unconstrained mutual funds

empiricalsupport: evidencedempirical-evidenceprivate-funds

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