{"id":{"repo_id":"mit","oai_identifier":"oai:dspace.mit.edu:1721.1/104521"},"canonical_url":"https://search.dev.ndltd.org/etd/mit/oai:dspace.mit.edu:1721.1/104521","repository":{"repo_id":"mit","name":"MIT","base_url":"https://dspace.mit.edu/oai/request"},"display":{"title":"Creating custom ETFs and exploring performance versus peers and the iBoxx index","abstract":"The global financial crisis and following bond buyback actions and quantitative easing announcements by the ECB have led to strong demand for fixed income investments, particularly in Europe. This has increased demand for both active and passive fixed income funds. In this thesis, I review the Markit EUR Corporate Index, iShares (a passive index tracker fund) and several actively managed European investment grade-focused commercial bond funds. I propose new custom bond funds based on quantitative strategies using the bond constituents of Markit iBoxx index. I then compare the performance of these custom bond funds with the benchmark Markit EUR Corporate index, the passive tracker fund and the active bond funds. I highlight the strength of simple strategies which often perform at least as well as the index and the active bond funds.","abstract_html":"The global financial crisis and following bond buyback actions and quantitative easing announcements by the ECB have led to strong demand for fixed income investments, particularly in Europe. This has increased demand for both active and passive fixed income funds. In this thesis, I review the Markit EUR Corporate Index, iShares (a passive index tracker fund) and several actively managed European investment grade-focused commercial bond funds. I propose new custom bond funds based on quantitative strategies using the bond constituents of Markit iBoxx index. I then compare the performance of these custom bond funds with the benchmark Markit EUR Corporate index, the passive tracker fund and the active bond funds. I highlight the strength of simple strategies which often perform at least as well as the index and the active bond funds.","abstract_has_math":false,"creators":["Khattar, Vineet"],"institution":"Massachusetts Institute of Technology","degree_name":null,"degree_level":null,"degree_discipline":null,"degree_department":"Sloan School of Management.","school":null,"contributors":[],"advisors":["Deborah Lucas."],"committee_chairs":[],"committee_members":[],"year":2016,"date_issued":"2016","date_published":"2016","updated_at":"2026-07-22T22:20:59Z","subjects":["Sloan School of Management."],"languages":["eng"],"rights":["M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission."],"rights_urls":["http://dspace.mit.edu/handle/1721.1/7582"],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/1721.1/104521","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["Deborah Lucas."]},{"key":"dc:contributor.department","label":"Department","values":["Sloan School of Management."]},{"key":"dc:contributor.other","label":"Dc Contributor Other","values":["Sloan School of Management."]},{"key":"dc:creator","label":"Author","values":["Khattar, Vineet"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2016-09-30T19:33:38Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2016-09-30T19:33:38Z"]},{"key":"dc:date.issued","label":"Date","values":["2016"]},{"key":"dc:publisher","label":"Institution","values":["Massachusetts Institute of Technology"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Sloan School of Management."]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["eng"]},{"key":"dc:rights","label":"Dc Rights","values":["M.I.T. theses are protected by copyright. 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In this thesis, I review the Markit EUR Corporate Index, iShares (a passive index tracker fund) and several actively managed European investment grade-focused commercial bond funds. I propose new custom bond funds based on quantitative strategies using the bond constituents of Markit iBoxx index. I then compare the performance of these custom bond funds with the benchmark Markit EUR Corporate index, the passive tracker fund and the active bond funds. I highlight the strength of simple strategies which often perform at least as well as the index and the active bond funds."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["S.M. in Management Studies"]},{"key":"dc:title","label":"Title","values":["Creating custom ETFs and exploring performance versus peers and the iBoxx index"]}]}],"canonical_facts":{"dc:contributor.advisor":["Deborah Lucas."],"dc:contributor.department":["Sloan School of Management."],"dc:contributor.other":["Sloan School of Management."],"dc:creator":["Khattar, Vineet"],"dc:date.accessioned":["2016-09-30T19:33:38Z"],"dc:date.available":["2016-09-30T19:33:38Z"],"dc:date.issued":["2016"],"dc:description":["Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.","Cataloged from PDF version of thesis.","Includes bibliographical references."],"dc:description.abstract":["The global financial crisis and following bond buyback actions and quantitative easing announcements by the ECB have led to strong demand for fixed income investments, particularly in Europe. This has increased demand for both active and passive fixed income funds. In this thesis, I review the Markit EUR Corporate Index, iShares (a passive index tracker fund) and several actively managed European investment grade-focused commercial bond funds. I propose new custom bond funds based on quantitative strategies using the bond constituents of Markit iBoxx index. I then compare the performance of these custom bond funds with the benchmark Markit EUR Corporate index, the passive tracker fund and the active bond funds. I highlight the strength of simple strategies which often perform at least as well as the index and the active bond funds."],"dc:description.degree":["S.M. in Management Studies"],"dc:identifier.uri":["http://hdl.handle.net/1721.1/104521"],"dc:language.iso":["eng"],"dc:publisher":["Massachusetts Institute of Technology"],"dc:rights":["M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission."],"dc:rights.uri":["http://dspace.mit.edu/handle/1721.1/7582"],"dc:subject":["Sloan School of Management."],"dc:title":["Creating custom ETFs and exploring performance versus peers and the iBoxx index"],"dc:type":["Thesis"]},"updated_at":"2026-07-22T22:20:59Z"}