MFLINKS

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Overview

MFLINKS has been developed with Professor Russ Wermers (University of Maryland's Robert H. Smith School of Business) as a contributor and ongoing consultant to the project. A good example of how MFLINKS can be used is his article, "Mutual Fund Performance: An Empirical Decomposition into Stock-Picking Talent, Style, Transactions Costs, and Expenses" (Journal of Finance, 2000) that decomposes mutual fund performance into its various components based upon actual holdings.