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Does mutual fund disclosure at banks matter? Evidence from a survey of investors

โœ Scribed by Gordon J. Alexander; Jonathan D. Jones; Peter J. Nigro

Book ID
114348119
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
103 KB
Volume
41
Category
Article
ISSN
1062-9769

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Using survey data on a random sample of 2000 mutual fund investors, we classify investors by their level of financial literacy and their place of mutual fund purchase. After using a probit model to separately estimate the determinants of an investor's choice of distribution channel and level of fina