Mutual funds (mutual funds) as part of the financial system are an important economic function as they allow collectively investment in an instruments of the stock market and make a profit on the combined assets of the funds and distribute it among the investors in proportion to the number of units. Mutual funds can accumulate in the economy means a large number of investors who do not have sufficient resources (Benzm, 2003).
Formation of the market of mutual funds began in early 1990s and continues today. Statistical analysis of the mutual fund market is ...