ANALISIS KINERJA REKSADANA KONVENSIONAL DAN SYARIAH SEBELUM DAN SESUDAH IMPLEMENTASI IFRS

Chairinissa Hanifa; Suratno; Muhammad Yusuf

Chairinissa Hanifa sekolah Pascasarjana Universitas Pancasila
Suratno Sekolah Pascasarjana Universitas Pancasila
Muhammad Yusuf Sekolah Pascasarjana Universitas Pancasila

Keywords: conventional stock mutual funds, mutual funds islamic stocks, methods of Sharpe, Treynormethods, methods Jensen.

Abstract

This study aims to analyze whether there are differences between the performance of Conventional and
Islamic Mutual Funds before and after the implementation of IFRS in Indonesia as measured by mutual
fund returns, market returns, risk-free investment levels, and mutual fund risk levels using comparative
analysis of Sharpe, Treynor and Jensen. The analytical method used is two different test methods on average
Wilcoxon Signed Rank Test, with IBM SPSS version 22 and Sharpe, Treynor and Jensen methods to rank
the best mutual funds. Based on the results of data analysis comparing the performance of conventional
and sharia mutual funds before and after the implementation of IFRS results obtained varied from the
Sharpe, Treynor and Jensen methods. But overall it can be concluded that there are differences between
the performance of conventional and sharia mutual funds before and after the implementation of IFRS.