TABLE OF CONTENTS

STATEMENT OF FREE PLAGIARISM

TABLE OF CONTENTS
i
LISTS OF TABLES
ii
ABSTRACT
iii
CHAPETER 1 INTRODUCTION
1.1 Research Background
1
1.2 Problem Statement
3
1.3 Research Objectives
4
1.4 Research Questions
4
1.5 Significance of the Study
5
CHAPTER 2 LITERATURE REVIEW
2.1 Previous Studies
6
2.2 Formulated Hypotheses
8
CHAPTER 3 RESEARCH METHODOLOGY
3.1

Instrument
9
3.2 Sampling and Data collection
9
3.3 Statistical Analysis
10
3.4 Measurement of performance
10
3.4.1 Sharpe and Adjusted Sharpe Performance Model
10

3.4.2

Treynor Performance Model

11
3.4.3 Jensen and Adjusted Jensen Performance Model
11
3.4.4 Measurement of Risk and Diversification Model
12
3.5 Summary of Performance Model Measurement
12
3.6 Theoretical Framework of the Research
14
3.7 Demand of Unit Trust
15
3.8 Impact of Unit Trust
15
3.9 Advance in Technology
15
CHAPTER 4 ANALYSIS AND DISCUSSION
4.1 Primary Data Analysis
16
4.2 Performance Measurement
18
4.3 Implication
19
CHAPTER 5 CONCLUSION AND RECOMMENDATION
5.1 Conclusion
5.2 Recommendation
21
REFERENCES

21