A short guide to Argentina's Mutual Funds Industry Analysis
In this short tutorial, we will guide you on calculating ranks of YTD Total Returns* for different funds and management companies.* Alphacast hosts a number of daily updated datasets of Argentinas Mutual Funds Industry. Two weeks ago we began publishing detailed datasets for based on CAFCI daily reports, mostly in these two repositories (1 and 2 ). Data covers Assets Under Management (AUM) by Fund, Detailed Portfolio by Fund, Price and Subscription Effect by Fund and Class (Data and Calculation) and Metadata per Fund and per Asset. Calculating the total return of each Fund Subsegment (Clase) Price, quantities, and AUM data from CAFCI are provided for each subsegment of each fund (Clase A - B - C, etc). We will begin by calculating a measure of total return for each class. You can see this pipeline for a working example of this section. The first steps load and filter the data that we will be using. We will be working with data from the dataset Financial - Argentina - Fondos Comunes de Inversion - 2022 from CAFCI. The next two steps calculate the contribution of the "price effect" and "subscription effect" to the daily change in the fund AUM. Basically,...