D. Tudorache, PhD in Economics, L. Nicolescu, Doctor of Sciences (Economics), Professor Bucharest University of Economic Studies, Bucharest, Romania, L. Belascu, Doctor of Sciences (Economics), Associate Professor University Lucian Blaga of Sibiu, Sibiu, Romania THE PERFORMANCE OF MUTUAL FUNDS IN SLOVAKIA

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A good indicator for the financial markets performance in different countries is the evolution of mutual funds in terms of their inflows and outflows. The goal of the present paper is to analyse the performance of the mutual funds in Slovakia. The research objectives are twofold: to study the flows of funds into and out of mutual funds from Slovakia during the period 2007-2014 and to analyse how investors in Slovakian mutual funds behave in terms of their investment choice. The analysis focuses on identifying patterns in investors’ decision making process and on examining the similarity of their behavioural patterns with the ones identi­fied at international level.

Key words. Mutual funds, Slovakia, financial portfolio performance, emerging markets.

Date of submission 15.05.16

DOI: https://doi.org/10.17721/1728-2667.2016/188-11/5

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