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Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Determinants of Flows into Retail Bond Funds Xinge Zhao Financial Analysts Journal; Jul/Aug 2005; 61, 4; ABI/INFORM Global pg. 47

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Page 1: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Determinants of Flows into Retail Bond FundsXinge ZhaoFinancial Analysts Journal; Jul/Aug 2005; 61, 4; ABI/INFORM Globalpg. 47

Page 2: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 3: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 4: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 5: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 6: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 7: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 8: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 9: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 10: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 11: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 12: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

Page 13: Determinants of Flows into Retail Bond Funds Xinge Zhao ...Brothers Government/ Credit Bond Index—a weighted mar- ket average of government and investment-grade corpo- rate issues

Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.