100
b. Uji – t
Coefficients
a
Model Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error
Beta 1
Constant ,086
,017 5,185
,000 MarketTimingAbility
-,011 ,004
-,218 -2,878
,005 StockSelectionSkill
-,029 1,311
-,002 -,022
,983 a. Dependent Variable: KinerjaReksaDanaSaham
79
DAFTAR PUSTAKA
BUKU
Ghozali, Imam, 2006. Aplikasi Analisis Multivariate dengan Program SPSS, Badan Penerbit Universitas Diponegoro, Semarang.
Situmorang, Syafrizal Helmi dan Muslich Lutfi, 2014. Analisis Data: untuk Riset Manajemen dan Bisnis, USU Press, Medan.
Rivai, Veithzal, Andria Permata Veithzal dan Ferry N.Idroes, 2007. Bank and Financial Institution Management, PT RajaGrafindo Persada, Jakarta.
Simatupang, Mangasa, 2010. Pengetahuan Praktis Investasi Saham dan Reksa Dana, Penerbit Mitra Wacana Media, Jakarta.
Knight, John and Stephen Satchell, 2002. Performance Measurement in Finance: Firms, Funds and Managers, Elsevier Science.
Hartono, Jogiyanto, 2014. Teori Portofolio dan Analisis Investasi, Edisi Kesembilan, BPFEUGM. Yogyakarta.
Samsul, Muhamad, 2006. Pasar Modal dan Manajemen Portofolio. Erlangga, Jakarta.
Jones, P. Charles, Siddharta Utama, Budi Frensidy, Irwan Edi Eka Putra, dan Rachman Untung Budiman, 2009. Investment: Analysis and Management
An Indonesian Adaption, Jhon Wiley and Sons, Asia. Reilly, Frank K. dan Keith C. Brown, 2006. Investment Analysis and Portfolio
Management: 8th Edition, Thomson South-Western, USA.
TESIS
Putri, Rachmadini Adi, 2012. Pengukuran Kemampuan Stock Selection dan Market Timing Reksa Dana Saham di Indonesia, Tesis. Universitas
Indonesia
80
SKRIPSI
Syahid, Nur, 2015. “Analisis Pengaruh Stock Selection Skill, Market Timing Ability, Fund Longevit, Fund Cash Flow dan Fund Size terhadap Kinerja
Reksa Dana Studi Kasus: Reksa Dana Saham Periode Tahun 2010-2014”, Skripsi. Universitas Diponegoro.
Putri, Cicilia Heny Mungkas, 2014. “Analisis Pengaruh Market Timing Ability, Stock Selection Skill, Expense Ratio dan Tingkat Risiko terhadap Kinerja
Reksa Dana Saham Studi Pada Reksa Dana Saham Jenis KIK Periode 2009-2013”, Skripsi. Universitas Diponegoro.
Winingrum, Evi Putri, 2011. “Analisis Stock Selection Skills, Market Timing Ability, Size Reksa Dana, Umur Reksa Dana dan Expense Ratio Terhadap
Kinerja Reksa Dana Saham yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2006-2010”, Skripsi. Universitas Diponegoro.
Yuwono, Fajar Prasetyo, 2014. “Analisis Kinerja Reksa Dana Saham Indonesia pada Periode Kejatuhan dan Pemulihan Pasar 2008-2010”, Skripsi. Institut
Pertanian Bogor.
JURNAL
Susiana, Yosefa dan Arnold Kaudin, 2009. “Evaluasi Kinerja Reksa Dana Saham di Indonesia Tahun 2006”, Jurnal Ekonomi dan Bisnis. Vol. XV, No.1,
pp:17-33. Wahdah, Rofiqah dan Joko Hartanto, 2012. “Analisis Pengukuran Kinerja Reksa
Dana Saham di Indonesia”, Jurnal Manajemen dan Akuntansi. Vol.13, No.1, pp:73-84.
Waelan, 2008. “Kemampuan Memilih Saham dan Market Timing Manajer Investasi Reksa Dana Saham di Bursa Efek Indonesia”, Jurnal Akuntansi
dan Auditing Indonesia. Vol.12, No.2, pp:167-176 Ahmad, Manzoor dan Udayan Samajpati, 2010. “
Evaluation of Stock Selection Skills and Market Timing Abilities of Indian Fund Managers”, Management Insight.
Vol.10, No.2, pp:71-82.
Elmessearya, Mohamed, 2014. “Stock Picking and Market Timing of the Egyptian Fund Managers: Evidence from the Financial Crisis”, European
Journal of Sustainable Development, pp: 309-322.
81
Choudhary, Vikas dan Chawla, Preeti Sehgal, 2014. “Selectivity and Market Timing Ability of Fund Managers in India: An Analysis of Selected Equity
Mutual Funds”, IOSR Journal of Economics and Finance, pp: 75-83. Low, Soo-Wah, 2012. “Market Timing and Selectivity Performance: A Cross-
sectional Analysis of Malaysian Unit Trust Funds”, Prague Economic Papers, pp: 205-219.
Zabiulla, 2014. “Portofolio Strategies of Fund Managers in the Indian Capital Market”, IIMB Management Review, pp: 28-58
Chen, Dar-Hsin, Chin-Lin Chuang, Jane-Raung Lin, dan Chih-Lun Lan, 2013. “Market Timing and Stock Selection Ability of Mutual Fund Managers in
Taiwan: Applying The Traditional and Conditional Approaches”, International Research Journal of Applied Finance. Vol. IV, pp: 75-98.
Kaur, Inderjit, 2013. “Performance, Timing and Selectivity Skills of Indian Equity Mutual Funds: An Empirical Approach”, International Refereed Research
Journal. Vol. IV, pp: 87-94.
SITUS WWW World Wide Web
Erna, J. 2014. Kinerja reksa dana saham 2013 minus 3,66.
http:ekbis.sindonews.com : Fenomena Kinerja Reksa Dana Saham
Astria, Riendy, 2015. Imbal Hasil Reksa Dana 2015 Diprediksi Turun.
http:market.bisnis.com : Fenomena Kinerja Reksa Dana Saham Sukiwan, Maggie Quesada, 2015, Kinerja Reksa Dana Saham Paling Buruk
http:bisniskeuangan.kompas.com : Fenomena Kinerja Reksa Dana Saham
Astria, Riendy, 2015. Januari 2015, Kinerja Reksa Dana Di Bawah Indeks,
http:market.bisnis.com : Fenomena Kinerja Reksa Dana Saham aria.bapepam.go.id : Data Nilai Aktiva Bersih Reksa Dana Saham.
bi.go.id : Data Suku Bunga Bank Indonesia BI rate. finance.yahoo.com : Data Indeks IHSG.
http:www.bareksa.comiddatareksadana109panin-dana-prima : Profil Panin Dana Prima
http:www.bareksa.comiddatareksadana108panin-dana-maksima : Profil Panin Dana Maksima
82
http:www.bareksa.comiddatamutualfund11axa-citradinamis : Profil AXA Citra Dinamis
http:www.bareksa.comiddatareksadana105aberdeen-indonesia-equity-fund : Profil Aberdeen Indonesia Equity Fund
http:www.bareksa.comiddatamutualfund23bni-am-dana-berkembang : Profil Bni Reksadana Berkembang
http:www.bareksa.comiddatareksadana26bnp-paribas-infrastruktur-plus :
Profil Bnp Paribas Insfrastruktur Plus http:www.bareksa.comiddatamutualfund25bnp-paribas-ekuitas : Profil Pnb
Paribas Ekuitas http:www.bareksa.comiddatamutualfund29bnp-paribas-pesona : Profil Pnb
Paribas Pesona http:www.bareksa.comiddatamutualfund31bnp-paribas-solaris : Profil Bnp
Paribas Solaris http:www.bareksa.comiddatamutualfund39dana-ekuitas-andalan : Profil
Dana Ekuitas Andalan http:www.bareksa.comiddatamutualfund40dana-ekuitas-prima : Profil Dana
Ekuitas Prima http:www.bareksa.comiddatamutualfund16batavia-dana-saham
: Profil Batavia Dana Saham
http:www.bareksa.comiddatamutualfund18batavia-dana-saham-optimal Batavia Dana Saham Optimal
http:www.bareksa.comiddatamutualfund35cimb-principal-equity-aggressive : Profil Cimb-Principal Equity Aggressive
http:www.bareksa.comiddatamutualfund119rencana-cerdas : Profil Rencana Cerdas
http:www.bareksa.comiddatamutualfund62grow-2-prosper : Profil Grow-2- Prosper
http:www.bareksa.comiddatamutualfund51emco-growth-fund : Profil Emco Growth Fund
83
http:www.bareksa.comiddatamutualfund58first-state-indoequity-value- select-fund : Profil First State Indoequity Value Select Fund
http:www.bareksa.comiddatamutualfund57first-state-indoequity-sectoral- fund : Profil First State Indoequity Sectoral Fund
http:www.bareksa.comiddatamutualfund54first-state-indoequity-dividend- yield-fund : Profil Fs Indoequity Dividend Yield Fund
http:www.bareksa.comiddatamutualfund61maybank-gmt-dana-ekuitas :
Profil Maybank Gmt Dana Ekuitas http:www.bareksa.comiddatamutualfund68lautandhana-equity
: Profil Lautandhana Equity
http:www.bareksa.comiddatamutualfund98mnc-dana-ekuitas : Profil Mnc Dana Ekuitas
http:www.bareksa.comiddatamutualfund75mandiri-investa-atraktif : Profil Mandiri Investa Atraktif
http:www.bareksa.comiddatamutualfund79mandiri-investa-ugm-endowment- plus : Profil Mandiri Investa Ugm Endowment Plus
http:www.bareksa.comiddatamutualfund85manulife-dana-saham : Profil Manulife Dana Saham
http:www.bareksa.comiddatamutualfund88manulife-saham-andalan : Profil Manulife Saham Andalan
http:www.bareksa.comiddatamutualfund116pratama-saham : Profil Pratama Saham
http:www.bareksa.comiddatareksadana131schroder-dana-prestasi-plus :
Profil Schroder Dana Prestasi Plus http:www.bareksa.comiddatareksadana129schroder-dana-istimewa : Profil
Schroder Dana Istimewa http:www.bareksa.comiddatamutualfund134simas-danamas-saham : Profil
Simas Danamas Saham http:www.bareksa.comiddatamutualfund138syailendra-equity-opportunity-
Fund : Profil Syailendra Equity Opportunity Fund http:www.bareksa.comiddatareksadana143trim-kapital : Profil Trim Kapital
84
http:www.bareksa.comiddatamutualfund144trim-kapital-plus : Profil Trim Kapital Plus
http:www.bpam.co.idAjaxprestasi.php : Penghargaan Yang Diraih Reksa Dana Di Indonesia
http:m.bola.viva.co.idnewseead294294-17-reksa-dana-terbaik-selama-2011 : Penghargaan Yang Diraih Reksa Dana Di Indonesia
http:www.beritasatu.cominvestasi-portofolio169806-daftar-pemenang-reksa- dana-terbaik-2014-versi-majalah-investor.html : Penghargaan Yang Diraih
Reksa Dana Di Indonesia
30
BAB III METODE PENELITIAN
3.1 Jenis Penelitian
Kategori