The bachelor thesis focuses on the comparison of the profitability of selected collective investment funds in the context of the development of the Economic cyckle in the Czech republic. The thesis is devoted to financial market and the structure of the collective investment funds. It also focuses of Economic cycle, which, through main information about this problem, distribution and other regulations. Bachelor thesis also delas with financial market regulation in Czech republic. This work is based on analysis and comparison of the profitability of selected collective investment funds and economic cycle. The result is to valorize the link between the profitability of these funds and the economic cycle of the Czech republic
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