FACTORS INFLUENCING THE SUCCESS OF TRIGGER FUND
Keywords:
Trigger Fund, Logistic Regression, Macroeconomic FactorsAbstract
The trigger fund has been gaining in popularity during the past years. This study aims to examine factors affecting the success of trigger funds in Thailand during 16 March 2004 to 9 June 2016. The parameters used in this study are fund size, SET index, consumer price index, manufacturing index, and exchange rate (USD/Baht). The study uses binary logistic regression analysis. The results found that factors influencing the success of trigger funds are SET index, SET index-Squared, and consumer price index. Other factors do not affect the success of the trigger funds.
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