Analysis of Mutual Funds in Emerging Markets

In the thesis we are interested in the analysis of the Chapter 2 (Investments) is devoted to the detailed history of collective investment and to the basement of investment fund behaviour. We speek about the advantages and disadvantages of the investments to mutual funds and we shortly speak also about institutional protection of investors. To our case study, we have chosen mutual funds held by the CSOB Asset Management Company, and by the Franklin Templeton Investments. Both funds are investing on emerging markets of Latin America. In chapter 3 (Theoretical Basements) we start with explaining the terms used by the remaining parts of the thesis. We shortly speak about the net asset value and how it is employed, and continue with comparing various investments through p. a. measure. In the next part of the chapter we explain through the term of the net present value how to incorporate the influence of the inflation rate into comparing the gains. Chapter 4 (Analysis of Selected Funds) describes the behaviour of the one-shot and per regular basis investments, first on the longtime horizon from year 2001 to 2012. We conclude that on this long-term basis the one-shot investment acquire greater profit. Next we are describing situation of investments through the financial crisis in 2008 where the regular investments was definitely more efficient. Last studied case is the investment at the bottom of the crisis where the both investment concepts are evaluated as profitable, the one-shot one having of course better returns. In the last section of the chapter 4 we analyze the results of our computation, compare all investments cases at different phases of the market situation and conclude about their advantages and issues