Perbandingan kinerja reksadana saham konvensional dan reksadana saham syariah di Indonesia dengan metode sharpe, treynor, jensen, rasio informasi dan roy safety first ratio

INDONESIA:

Reksadana adalah wadah yang dipergunakan menghimpun dana dari masyaratak pemodal untuk selanjutnya diinvestasi kedala portofolio Efek oleh manajer investasi. Penelitian ini bertujuan untuk menganalisi perbandingan kinerja reksadana syariah dan konvensional menggunakan metode sharpe, treynor, jensen, rasio informasi dan roy safety first ratio.

Penelitian ini, menggunakan jenis penelitian kuantitatif. Dengan menggunakan populasi 151 reksadana saham konvensional dan 14 reksadana saham syariah. Sedangkan pengambilan sample berjumlah 21 reksadana konvensional dan 7 reksadana syariah yang dilakukan denga purposive sampling. Metode pengumpulan data dalam penelitian ini adalah dokumentasi dan studi pustaka. Analisi data menggunakan metode sharpe, treynor, jensen, rasio informasi dan roy safety first ratio.

Hasil analisis perhitungan Sharpe, Treynor, Jensen, Rasio Informasi dan Roy Safety First menunjukkan bahwa reksadana saham konvensional lebih baik dari reksadana saham syariah. Setelah diuji dengan statistic independent sample test, menggunakan metode sharpe dan rasio informasi menyatakan bahwa tidak ada perbedaan antara kinerja reksadana saham konvensional dan saham syariah. Sedangkan dengan metode treynor, jensen dan roy safety first ratio menyatakan hal yang berbeda yaitu adanya perbedaan antara kinerja reksadana saham konvensional dan reksadana saham syariah.

ENGLISH:

Mutual-fund is a place used to collect funds from investors to be invested into the portfolio by investment manager. This study aimed to analyze Performance Comparison of Conventional stocks Mutual-Funds and Sharia Mutual fund in Indonesia with the method of Sharpe, Treynor, Jensen, Information Ratio and Roy Safety First Ratio

This study used the quantitative research type. By using a population of 151 conventional stock mutual-funds and 14 sharia stock mutual-funds. While sampling amounted to 21 conventional mutual funds and 7 sharia funds that done with purposive sampling. Methods of data collection in this study was documentation and literature. Data analysis used the method of Sharpe, Treynor, jensen, the information ratio and roy safety first ratio.

Calculation analysis results Sharpe, Treynor, Jensen, Information Ratio and Roy Safety First showed that conventional stock mutual-funds was better than sharia mutual-fund. Having tested with independent sample test statistics, using methods Sharpe and information ratios stated that there was no difference between the performance of conventional stock mutual funds and sharia stocks. While the method of Treynor, jensen and roy safety first ratio stated of different things that was the difference between the performance of conventional stock mutual-funds and sharia stock mutual-fund.