TABLE 3
FROM:
The effect of distribution channels on mutual fund flows
Mikko Knuutila, Vesa Puttonen and Tom Smythe
BACK TO ARTICLETable 3. Distribution of stars among bank and non-bank managed funds
| Rating | Bank star months | % | Non-bank star months | % | Morningstar algorithm (%) |
|---|---|---|---|---|---|
| 5 | 108 | 7.32 | 182 | 19.02 | 10.00 |
| 4 | 456 | 30.92 | 265 | 27.69 | 22.50 |
| 3 | 605 | 41.02 | 273 | 28.53 | 35.00 |
| 2 | 190 | 12.88 | 173 | 18.08 | 22.50 |
| 1 | 116 | 7.86 | 64 | 6.69 | 10.00 |
| Total | 1475 | 100.00 | 957 | 100.00 | 100.00 |
