id	sid	tid	token	lemma	pos
ajfa-6021	1	1	microsoft	microsoft	PROPN
ajfa-6021	1	2	word	word	NOUN
ajfa-6021	1	3	6021	6021	NUM
ajfa-6021	1	4	-	-	SYM
ajfa-6021	1	5	21654	21654	NUM
ajfa-6021	1	6	-	-	PUNCT
ajfa-6021	1	7	1	1	NUM
ajfa-6021	1	8	-	-	PUNCT
ajfa-6021	1	9	sm	sm	NOUN
ajfa-6021	1	10	-	-	PUNCT
ajfa-6021	1	11	writer2	writer2	VERB
ajfa-6021	1	12	-	-	ADJ
ajfa-6021	1	13	new	new	ADJ
ajfa-6021	1	14	asian	asian	ADJ
ajfa-6021	1	15	journal	journal	NOUN
ajfa-6021	1	16	of	of	ADP
ajfa-6021	1	17	finance	finance	PROPN
ajfa-6021	1	18	&	&	CCONJ
ajfa-6021	1	19	accounting	accounting	PROPN
ajfa-6021	1	20	issn	issn	PROPN
ajfa-6021	1	21	1946	1946	NUM
ajfa-6021	1	22	-	-	PUNCT
ajfa-6021	1	23	052x	052x	NOUN
ajfa-6021	1	24	2015	2015	NUM
ajfa-6021	1	25	,	,	PUNCT
ajfa-6021	1	26	vol	vol	NOUN
ajfa-6021	1	27	.	.	PROPN
ajfa-6021	1	28	7	7	NUM
ajfa-6021	1	29	,	,	PUNCT
ajfa-6021	1	30	no	no	INTJ
ajfa-6021	1	31	.	.	NOUN
ajfa-6021	1	32	1	1	NUM
ajfa-6021	1	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	1	34	1	1	NUM
ajfa-6021	1	35	mutual	mutual	ADJ
ajfa-6021	1	36	fund	fund	NOUN
ajfa-6021	1	37	size	size	NOUN
ajfa-6021	1	38	and	and	CCONJ
ajfa-6021	1	39	investible	investible	ADJ
ajfa-6021	1	40	decisions	decision	NOUN
ajfa-6021	1	41	of	of	ADP
ajfa-6021	1	42	variable	variable	ADJ
ajfa-6021	1	43	life	life	NOUN
ajfa-6021	1	44	insurance	insurance	PROPN
ajfa-6021	1	45	nan	nan	PROPN
ajfa-6021	1	46	-	-	PUNCT
ajfa-6021	1	47	yu	yu	PROPN
ajfa-6021	1	48	wang	wang	PROPN
ajfa-6021	1	49	associate	associate	PROPN
ajfa-6021	1	50	professor	professor	PROPN
ajfa-6021	1	51	,	,	PUNCT
ajfa-6021	1	52	department	department	NOUN
ajfa-6021	1	53	of	of	ADP
ajfa-6021	1	54	business	business	NOUN
ajfa-6021	1	55	and	and	CCONJ
ajfa-6021	1	56	tourism	tourism	NOUN
ajfa-6021	1	57	planning	planning	NOUN
ajfa-6021	1	58	ta	ta	ADP
ajfa-6021	1	59	hwa	hwa	PROPN
ajfa-6021	1	60	university	university	PROPN
ajfa-6021	1	61	of	of	ADP
ajfa-6021	1	62	science	science	NOUN
ajfa-6021	1	63	and	and	CCONJ
ajfa-6021	1	64	technology	technology	NOUN
ajfa-6021	1	65	,	,	PUNCT
ajfa-6021	1	66	hsinchu	hsinchu	PROPN
ajfa-6021	1	67	,	,	PUNCT
ajfa-6021	1	68	taiwan	taiwan	PROPN
ajfa-6021	1	69	e	e	PROPN
ajfa-6021	1	70	-	-	NOUN
ajfa-6021	1	71	mail	mail	NOUN
ajfa-6021	1	72	:	:	PUNCT
ajfa-6021	1	73	nanyu@tust.edu.tw	nanyu@tust.edu.tw	PROPN
ajfa-6021	1	74	sen	sen	PROPN
ajfa-6021	1	75	-	-	ADJ
ajfa-6021	1	76	sung	sing	VERB
ajfa-6021	1	77	chen	chen	PROPN
ajfa-6021	1	78	department	department	PROPN
ajfa-6021	1	79	of	of	ADP
ajfa-6021	1	80	risk	risk	NOUN
ajfa-6021	1	81	management	management	NOUN
ajfa-6021	1	82	and	and	CCONJ
ajfa-6021	1	83	insurance	insurance	NOUN
ajfa-6021	1	84	,	,	PUNCT
ajfa-6021	1	85	feng	feng	PROPN
ajfa-6021	1	86	-	-	PUNCT
ajfa-6021	1	87	chia	chia	PROPN
ajfa-6021	1	88	university	university	PROPN
ajfa-6021	1	89	,	,	PUNCT
ajfa-6021	1	90	taichang	taichang	PROPN
ajfa-6021	1	91	,	,	PUNCT
ajfa-6021	1	92	taiwan	taiwan	PROPN
ajfa-6021	1	93	e	e	PROPN
ajfa-6021	1	94	-	-	NOUN
ajfa-6021	1	95	mail	mail	NOUN
ajfa-6021	1	96	:	:	PUNCT
ajfa-6021	1	97	chenss@fcu.edu.tw	chenss@fcu.edu.tw	PROPN
ajfa-6021	1	98	chih	chih	PROPN
ajfa-6021	1	99	-	-	PUNCT
ajfa-6021	1	100	jen	jen	PROPN
ajfa-6021	1	101	huang	huang	PROPN
ajfa-6021	1	102	department	department	PROPN
ajfa-6021	1	103	of	of	ADP
ajfa-6021	1	104	finance	finance	NOUN
ajfa-6021	1	105	,	,	PUNCT
ajfa-6021	1	106	providence	providence	NOUN
ajfa-6021	1	107	university	university	NOUN
ajfa-6021	1	108	e	e	NOUN
ajfa-6021	1	109	-	-	NOUN
ajfa-6021	1	110	mail	mail	NOUN
ajfa-6021	1	111	:	:	PUNCT
ajfa-6021	1	112	cjh@gm.pu.edu.tw	cjh@gm.pu.edu.tw	PROPN
ajfa-6021	1	113	cheng	cheng	PROPN
ajfa-6021	1	114	-	-	PUNCT
ajfa-6021	1	115	hsin	hsin	PROPN
ajfa-6021	1	116	yen	yen	PROPN
ajfa-6021	1	117	department	department	PROPN
ajfa-6021	1	118	of	of	ADP
ajfa-6021	1	119	risk	risk	NOUN
ajfa-6021	1	120	management	management	NOUN
ajfa-6021	1	121	and	and	CCONJ
ajfa-6021	1	122	insurance	insurance	NOUN
ajfa-6021	1	123	,	,	PUNCT
ajfa-6021	1	124	feng	feng	PROPN
ajfa-6021	1	125	-	-	PUNCT
ajfa-6021	1	126	chia	chia	PROPN
ajfa-6021	1	127	university	university	PROPN
ajfa-6021	1	128	,	,	PUNCT
ajfa-6021	1	129	taichang	taichang	PROPN
ajfa-6021	1	130	,	,	PUNCT
ajfa-6021	1	131	taiwan	taiwan	PROPN
ajfa-6021	1	132	e	e	PROPN
ajfa-6021	1	133	-	-	NOUN
ajfa-6021	1	134	mail	mail	NOUN
ajfa-6021	1	135	:	:	PUNCT
ajfa-6021	1	136	d9657462@gmail.com	d9657462@gmail.com	X
ajfa-6021	1	137	received	receive	VERB
ajfa-6021	1	138	:	:	PUNCT
ajfa-6021	1	139	july	july	PROPN
ajfa-6021	1	140	23	23	NUM
ajfa-6021	1	141	,	,	PUNCT
ajfa-6021	1	142	2014	2014	NUM
ajfa-6021	1	143	accepted	accept	VERB
ajfa-6021	1	144	:	:	PUNCT
ajfa-6021	1	145	august	august	PROPN
ajfa-6021	1	146	15	15	NUM
ajfa-6021	1	147	,	,	PUNCT
ajfa-6021	1	148	2014	2014	NUM
ajfa-6021	1	149	published	publish	VERB
ajfa-6021	1	150	:	:	PUNCT
ajfa-6021	1	151	june	june	PROPN
ajfa-6021	1	152	1	1	NUM
ajfa-6021	1	153	,	,	PUNCT
ajfa-6021	1	154	2015	2015	NUM
ajfa-6021	1	155	doi:10.5296	doi:10.5296	NOUN
ajfa-6021	1	156	/	/	SYM
ajfa-6021	1	157	ajfa.v7i1.6021	ajfa.v7i1.6021	NUM
ajfa-6021	1	158	url	url	NOUN
ajfa-6021	1	159	:	:	PUNCT
ajfa-6021	1	160	http://dx.doi.org/10.5296/ajfa.v7i1.6021	http://dx.doi.org/10.5296/ajfa.v7i1.6021	NOUN
ajfa-6021	2	1	abstract	abstract	NOUN
ajfa-6021	2	2	we	we	PRON
ajfa-6021	2	3	tested	test	VERB
ajfa-6021	2	4	the	the	DET
ajfa-6021	2	5	relationship	relationship	NOUN
ajfa-6021	2	6	between	between	ADP
ajfa-6021	2	7	flow	flow	NOUN
ajfa-6021	2	8	-	-	PUNCT
ajfa-6021	2	9	return	return	NOUN
ajfa-6021	2	10	and	and	CCONJ
ajfa-6021	2	11	flow	flow	NOUN
ajfa-6021	2	12	-	-	PUNCT
ajfa-6021	2	13	fund	fund	NOUN
ajfa-6021	2	14	characteristics	characteristic	NOUN
ajfa-6021	2	15	relationship	relationship	NOUN
ajfa-6021	2	16	under	under	ADP
ajfa-6021	2	17	different	different	ADJ
ajfa-6021	2	18	fund	fund	NOUN
ajfa-6021	2	19	sizes	size	NOUN
ajfa-6021	2	20	by	by	ADP
ajfa-6021	2	21	using	use	VERB
ajfa-6021	2	22	quantile	quantile	ADJ
ajfa-6021	2	23	regression	regression	NOUN
ajfa-6021	2	24	.	.	PUNCT
ajfa-6021	3	1	we	we	PRON
ajfa-6021	3	2	found	find	VERB
ajfa-6021	3	3	that	that	SCONJ
ajfa-6021	3	4	insured	insured	ADJ
ajfa-6021	3	5	investors	investor	NOUN
ajfa-6021	3	6	’	’	PART
ajfa-6021	3	7	purchase	purchase	NOUN
ajfa-6021	3	8	-	-	PUNCT
ajfa-6021	3	9	performance	performance	NOUN
ajfa-6021	3	10	is	be	AUX
ajfa-6021	3	11	better	well	ADJ
ajfa-6021	3	12	than	than	ADP
ajfa-6021	3	13	non	non	ADJ
ajfa-6021	3	14	-	-	ADJ
ajfa-6021	3	15	insured	insured	ADJ
ajfa-6021	3	16	investors	investor	NOUN
ajfa-6021	3	17	.	.	PUNCT
ajfa-6021	4	1	we	we	PRON
ajfa-6021	4	2	found	find	VERB
ajfa-6021	4	3	that	that	SCONJ
ajfa-6021	4	4	the	the	DET
ajfa-6021	4	5	relationship	relationship	NOUN
ajfa-6021	4	6	between	between	ADP
ajfa-6021	4	7	fund	fund	NOUN
ajfa-6021	4	8	inflows	inflow	NOUN
ajfa-6021	4	9	and	and	CCONJ
ajfa-6021	4	10	fund	fund	NOUN
ajfa-6021	4	11	performance	performance	NOUN
ajfa-6021	4	12	was	be	AUX
ajfa-6021	4	13	stronger	strong	ADJ
ajfa-6021	4	14	among	among	ADP
ajfa-6021	4	15	the	the	DET
ajfa-6021	4	16	insured	insure	VERB
ajfa-6021	4	17	investors	investor	NOUN
ajfa-6021	4	18	of	of	ADP
ajfa-6021	4	19	both	both	CCONJ
ajfa-6021	4	20	large	large	ADJ
ajfa-6021	4	21	-	-	PUNCT
ajfa-6021	4	22	scale	scale	NOUN
ajfa-6021	4	23	and	and	CCONJ
ajfa-6021	4	24	small	small	ADJ
ajfa-6021	4	25	-	-	PUNCT
ajfa-6021	4	26	scale	scale	NOUN
ajfa-6021	4	27	funds	fund	NOUN
ajfa-6021	4	28	than	than	SCONJ
ajfa-6021	4	29	it	it	PRON
ajfa-6021	4	30	was	be	AUX
ajfa-6021	4	31	among	among	ADP
ajfa-6021	4	32	the	the	DET
ajfa-6021	4	33	noninsured	noninsure	VERB
ajfa-6021	4	34	investors	investor	NOUN
ajfa-6021	4	35	.	.	PUNCT
ajfa-6021	5	1	in	in	ADP
ajfa-6021	5	2	addition	addition	NOUN
ajfa-6021	5	3	,	,	PUNCT
ajfa-6021	5	4	deferred	defer	VERB
ajfa-6021	5	5	compensation	compensation	NOUN
ajfa-6021	5	6	rates	rate	NOUN
ajfa-6021	5	7	also	also	ADV
ajfa-6021	5	8	influenced	influence	VERB
ajfa-6021	5	9	the	the	DET
ajfa-6021	5	10	purchases	purchase	NOUN
ajfa-6021	5	11	and	and	CCONJ
ajfa-6021	5	12	redemptions	redemption	NOUN
ajfa-6021	5	13	of	of	ADP
ajfa-6021	5	14	the	the	DET
ajfa-6021	5	15	asian	asian	ADJ
ajfa-6021	5	16	journal	journal	NOUN
ajfa-6021	5	17	of	of	ADP
ajfa-6021	5	18	finance	finance	PROPN
ajfa-6021	5	19	&	&	CCONJ
ajfa-6021	5	20	accounting	accounting	PROPN
ajfa-6021	5	21	issn	issn	PROPN
ajfa-6021	5	22	1946	1946	NUM
ajfa-6021	5	23	-	-	PUNCT
ajfa-6021	5	24	052x	052x	NOUN
ajfa-6021	5	25	2015	2015	NUM
ajfa-6021	5	26	,	,	PUNCT
ajfa-6021	5	27	vol	vol	NOUN
ajfa-6021	5	28	.	.	PROPN
ajfa-6021	5	29	7	7	NUM
ajfa-6021	5	30	,	,	PUNCT
ajfa-6021	5	31	no	no	INTJ
ajfa-6021	5	32	.	.	NOUN
ajfa-6021	5	33	1	1	NUM
ajfa-6021	5	34	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	5	35	2	2	NUM
ajfa-6021	5	36	insured	insure	VERB
ajfa-6021	5	37	investors	investor	NOUN
ajfa-6021	5	38	of	of	ADP
ajfa-6021	5	39	large	large	ADJ
ajfa-6021	5	40	-	-	PUNCT
ajfa-6021	5	41	scale	scale	NOUN
ajfa-6021	5	42	funds	fund	NOUN
ajfa-6021	5	43	.	.	PUNCT
ajfa-6021	6	1	the	the	DET
ajfa-6021	6	2	relationship	relationship	NOUN
ajfa-6021	6	3	with	with	ADP
ajfa-6021	6	4	performance	performance	NOUN
ajfa-6021	6	5	was	be	AUX
ajfa-6021	6	6	enhanced	enhance	VERB
ajfa-6021	6	7	as	as	SCONJ
ajfa-6021	6	8	purchase	purchase	NOUN
ajfa-6021	6	9	amounts	amount	NOUN
ajfa-6021	6	10	increased	increase	VERB
ajfa-6021	6	11	.	.	PUNCT
ajfa-6021	7	1	keywords	keyword	NOUN
ajfa-6021	7	2	:	:	PUNCT
ajfa-6021	7	3	mutual	mutual	ADJ
ajfa-6021	7	4	funds	fund	NOUN
ajfa-6021	7	5	,	,	PUNCT
ajfa-6021	7	6	fund	fund	NOUN
ajfa-6021	7	7	performance	performance	NOUN
ajfa-6021	7	8	,	,	PUNCT
ajfa-6021	7	9	fund	fund	NOUN
ajfa-6021	7	10	size	size	NOUN
ajfa-6021	7	11	,	,	PUNCT
ajfa-6021	7	12	investment	investment	NOUN
ajfa-6021	7	13	behavior	behavior	NOUN
ajfa-6021	7	14	,	,	PUNCT
ajfa-6021	7	15	quantile	quantile	ADJ
ajfa-6021	7	16	regression	regression	NOUN
ajfa-6021	7	17	asian	asian	ADJ
ajfa-6021	7	18	journal	journal	NOUN
ajfa-6021	7	19	of	of	ADP
ajfa-6021	7	20	finance	finance	PROPN
ajfa-6021	7	21	&	&	CCONJ
ajfa-6021	7	22	accounting	accounting	PROPN
ajfa-6021	7	23	issn	issn	PROPN
ajfa-6021	7	24	1946	1946	NUM
ajfa-6021	7	25	-	-	PUNCT
ajfa-6021	7	26	052x	052x	NOUN
ajfa-6021	7	27	2015	2015	NUM
ajfa-6021	7	28	,	,	PUNCT
ajfa-6021	7	29	vol	vol	NOUN
ajfa-6021	7	30	.	.	PROPN
ajfa-6021	7	31	7	7	NUM
ajfa-6021	7	32	,	,	PUNCT
ajfa-6021	7	33	no	no	INTJ
ajfa-6021	7	34	.	.	NOUN
ajfa-6021	7	35	1	1	NUM
ajfa-6021	7	36	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	7	37	3	3	NUM
ajfa-6021	7	38	1	1	NUM
ajfa-6021	7	39	.	.	PUNCT
ajfa-6021	8	1	introduction	introduction	NOUN
ajfa-6021	8	2	large	large	ADJ
ajfa-6021	8	3	-	-	PUNCT
ajfa-6021	8	4	scale	scale	NOUN
ajfa-6021	8	5	funds	fund	NOUN
ajfa-6021	8	6	can	can	AUX
ajfa-6021	8	7	achieve	achieve	VERB
ajfa-6021	8	8	the	the	DET
ajfa-6021	8	9	effects	effect	NOUN
ajfa-6021	8	10	of	of	ADP
ajfa-6021	8	11	economies	economy	NOUN
ajfa-6021	8	12	of	of	ADP
ajfa-6021	8	13	scale	scale	NOUN
ajfa-6021	8	14	;	;	PUNCT
ajfa-6021	8	15	that	that	PRON
ajfa-6021	8	16	is	is	ADV
ajfa-6021	8	17	,	,	PUNCT
ajfa-6021	8	18	size	size	NOUN
ajfa-6021	8	19	can	can	AUX
ajfa-6021	8	20	reduce	reduce	VERB
ajfa-6021	8	21	management	management	NOUN
ajfa-6021	8	22	costs	cost	NOUN
ajfa-6021	8	23	and	and	CCONJ
ajfa-6021	8	24	increase	increase	VERB
ajfa-6021	8	25	profits	profit	NOUN
ajfa-6021	8	26	,	,	PUNCT
ajfa-6021	8	27	causing	cause	VERB
ajfa-6021	8	28	large	large	ADJ
ajfa-6021	8	29	-	-	PUNCT
ajfa-6021	8	30	scale	scale	NOUN
ajfa-6021	8	31	funds	fund	NOUN
ajfa-6021	8	32	to	to	PART
ajfa-6021	8	33	generate	generate	VERB
ajfa-6021	8	34	fund	fund	NOUN
ajfa-6021	8	35	flows	flow	NOUN
ajfa-6021	8	36	greater	great	ADJ
ajfa-6021	8	37	than	than	ADP
ajfa-6021	8	38	those	those	PRON
ajfa-6021	8	39	of	of	ADP
ajfa-6021	8	40	small	small	ADJ
ajfa-6021	8	41	-	-	PUNCT
ajfa-6021	8	42	scale	scale	NOUN
ajfa-6021	8	43	funds	fund	NOUN
ajfa-6021	8	44	.	.	PUNCT
ajfa-6021	9	1	huang	huang	PROPN
ajfa-6021	9	2	,	,	PUNCT
ajfa-6021	9	3	wei	wei	PROPN
ajfa-6021	9	4	,	,	PUNCT
ajfa-6021	9	5	and	and	CCONJ
ajfa-6021	9	6	hong	hong	PROPN
ajfa-6021	9	7	(	(	PUNCT
ajfa-6021	9	8	2007	2007	NUM
ajfa-6021	9	9	)	)	PUNCT
ajfa-6021	9	10	stated	state	VERB
ajfa-6021	9	11	that	that	SCONJ
ajfa-6021	9	12	economies	economy	NOUN
ajfa-6021	9	13	of	of	ADP
ajfa-6021	9	14	scale	scale	NOUN
ajfa-6021	9	15	increase	increase	NOUN
ajfa-6021	9	16	fund	fund	NOUN
ajfa-6021	9	17	visibility	visibility	NOUN
ajfa-6021	9	18	,	,	PUNCT
ajfa-6021	9	19	which	which	PRON
ajfa-6021	9	20	provides	provide	VERB
ajfa-6021	9	21	services	service	NOUN
ajfa-6021	9	22	and	and	CCONJ
ajfa-6021	9	23	reduces	reduce	VERB
ajfa-6021	9	24	barriers	barrier	NOUN
ajfa-6021	9	25	to	to	ADP
ajfa-6021	9	26	investment	investment	NOUN
ajfa-6021	9	27	because	because	SCONJ
ajfa-6021	9	28	when	when	SCONJ
ajfa-6021	9	29	funds	fund	NOUN
ajfa-6021	9	30	are	be	AUX
ajfa-6021	9	31	linked	link	VERB
ajfa-6021	9	32	with	with	ADP
ajfa-6021	9	33	large	large	ADJ
ajfa-6021	9	34	fund	fund	NOUN
ajfa-6021	9	35	families	family	NOUN
ajfa-6021	9	36	,	,	PUNCT
ajfa-6021	9	37	they	they	PRON
ajfa-6021	9	38	attract	attract	VERB
ajfa-6021	9	39	an	an	DET
ajfa-6021	9	40	increased	increase	VERB
ajfa-6021	9	41	amount	amount	NOUN
ajfa-6021	9	42	of	of	ADP
ajfa-6021	9	43	net	net	ADJ
ajfa-6021	9	44	flow	flow	NOUN
ajfa-6021	9	45	.	.	PUNCT
ajfa-6021	10	1	the	the	DET
ajfa-6021	10	2	relationship	relationship	NOUN
ajfa-6021	10	3	between	between	ADP
ajfa-6021	10	4	performance	performance	NOUN
ajfa-6021	10	5	and	and	CCONJ
ajfa-6021	10	6	flow	flow	NOUN
ajfa-6021	10	7	also	also	ADV
ajfa-6021	10	8	intensifies	intensify	VERB
ajfa-6021	10	9	.	.	PUNCT
ajfa-6021	11	1	jank	jank	PROPN
ajfa-6021	11	2	and	and	CCONJ
ajfa-6021	11	3	michael	michael	PROPN
ajfa-6021	11	4	(	(	PUNCT
ajfa-6021	11	5	2013	2013	NUM
ajfa-6021	11	6	)	)	PUNCT
ajfa-6021	11	7	found	find	VERB
ajfa-6021	11	8	that	that	PRON
ajfa-6021	11	9	fund	fund	NOUN
ajfa-6021	11	10	family	family	NOUN
ajfa-6021	11	11	scale	scale	NOUN
ajfa-6021	11	12	influences	influence	VERB
ajfa-6021	11	13	the	the	DET
ajfa-6021	11	14	relationship	relationship	NOUN
ajfa-6021	11	15	between	between	ADP
ajfa-6021	11	16	flow	flow	NOUN
ajfa-6021	11	17	and	and	CCONJ
ajfa-6021	11	18	performance	performance	NOUN
ajfa-6021	11	19	;	;	PUNCT
ajfa-6021	11	20	that	that	PRON
ajfa-6021	11	21	is	is	ADV
ajfa-6021	11	22	,	,	PUNCT
ajfa-6021	11	23	large	large	ADJ
ajfa-6021	11	24	-	-	PUNCT
ajfa-6021	11	25	scale	scale	NOUN
ajfa-6021	11	26	fund	fund	NOUN
ajfa-6021	11	27	families	family	NOUN
ajfa-6021	11	28	are	be	AUX
ajfa-6021	11	29	accompanied	accompany	VERB
ajfa-6021	11	30	by	by	ADP
ajfa-6021	11	31	relatively	relatively	ADV
ajfa-6021	11	32	high	high	ADJ
ajfa-6021	11	33	redemption	redemption	NOUN
ajfa-6021	11	34	and	and	CCONJ
ajfa-6021	11	35	subscription	subscription	NOUN
ajfa-6021	11	36	rates	rate	NOUN
ajfa-6021	11	37	.	.	PUNCT
ajfa-6021	12	1	sirri	sirri	NOUN
ajfa-6021	12	2	and	and	CCONJ
ajfa-6021	12	3	tufano	tufano	ADJ
ajfa-6021	12	4	(	(	PUNCT
ajfa-6021	12	5	1998	1998	NUM
ajfa-6021	12	6	)	)	PUNCT
ajfa-6021	12	7	used	use	VERB
ajfa-6021	12	8	fund	fund	NOUN
ajfa-6021	12	9	portfolio	portfolio	NOUN
ajfa-6021	12	10	size	size	NOUN
ajfa-6021	12	11	and	and	CCONJ
ajfa-6021	12	12	hypothesized	hypothesize	VERB
ajfa-6021	12	13	that	that	SCONJ
ajfa-6021	12	14	large	large	ADJ
ajfa-6021	12	15	-	-	PUNCT
ajfa-6021	12	16	scale	scale	NOUN
ajfa-6021	12	17	funds	fund	NOUN
ajfa-6021	12	18	have	have	VERB
ajfa-6021	12	19	higher	high	ADJ
ajfa-6021	12	20	visibility	visibility	NOUN
ajfa-6021	12	21	and	and	CCONJ
ajfa-6021	12	22	brand	brand	NOUN
ajfa-6021	12	23	awareness	awareness	NOUN
ajfa-6021	12	24	than	than	ADP
ajfa-6021	12	25	small	small	ADJ
ajfa-6021	12	26	-	-	PUNCT
ajfa-6021	12	27	scale	scale	NOUN
ajfa-6021	12	28	funds	fund	NOUN
ajfa-6021	12	29	do	do	VERB
ajfa-6021	12	30	.	.	PUNCT
ajfa-6021	13	1	this	this	DET
ajfa-6021	13	2	study	study	NOUN
ajfa-6021	13	3	examined	examine	VERB
ajfa-6021	13	4	whether	whether	SCONJ
ajfa-6021	13	5	large	large	ADJ
ajfa-6021	13	6	-	-	PUNCT
ajfa-6021	13	7	scale	scale	NOUN
ajfa-6021	13	8	funds	fund	NOUN
ajfa-6021	13	9	grow	grow	VERB
ajfa-6021	13	10	at	at	ADP
ajfa-6021	13	11	a	a	DET
ajfa-6021	13	12	large	large	ADJ
ajfa-6021	13	13	rate	rate	NOUN
ajfa-6021	13	14	and	and	CCONJ
ajfa-6021	13	15	exhibit	exhibit	VERB
ajfa-6021	13	16	superior	superior	ADJ
ajfa-6021	13	17	performance	performance	NOUN
ajfa-6021	13	18	.	.	PUNCT
ajfa-6021	14	1	li	li	PROPN
ajfa-6021	14	2	and	and	CCONJ
ajfa-6021	14	3	lai	lai	PROPN
ajfa-6021	14	4	(	(	PUNCT
ajfa-6021	14	5	2009	2009	NUM
ajfa-6021	14	6	)	)	PUNCT
ajfa-6021	14	7	stated	state	VERB
ajfa-6021	14	8	that	that	SCONJ
ajfa-6021	14	9	fund	fund	NOUN
ajfa-6021	14	10	scale	scale	NOUN
ajfa-6021	14	11	influences	influence	VERB
ajfa-6021	14	12	investment	investment	NOUN
ajfa-6021	14	13	performance	performance	NOUN
ajfa-6021	14	14	.	.	PUNCT
ajfa-6021	15	1	high	high	ADJ
ajfa-6021	15	2	total	total	ADJ
ajfa-6021	15	3	value	value	NOUN
ajfa-6021	15	4	of	of	ADP
ajfa-6021	15	5	net	net	ADJ
ajfa-6021	15	6	assets	asset	NOUN
ajfa-6021	15	7	in	in	ADP
ajfa-6021	15	8	a	a	DET
ajfa-6021	15	9	fund	fund	NOUN
ajfa-6021	15	10	results	result	NOUN
ajfa-6021	15	11	in	in	ADP
ajfa-6021	15	12	a	a	DET
ajfa-6021	15	13	great	great	ADJ
ajfa-6021	15	14	probability	probability	NOUN
ajfa-6021	15	15	of	of	ADP
ajfa-6021	15	16	economies	economy	NOUN
ajfa-6021	15	17	of	of	ADP
ajfa-6021	15	18	scale	scale	NOUN
ajfa-6021	15	19	.	.	PUNCT
ajfa-6021	16	1	this	this	PRON
ajfa-6021	16	2	can	can	AUX
ajfa-6021	16	3	save	save	VERB
ajfa-6021	16	4	transaction	transaction	NOUN
ajfa-6021	16	5	costs	cost	NOUN
ajfa-6021	16	6	for	for	ADP
ajfa-6021	16	7	the	the	DET
ajfa-6021	16	8	fund	fund	NOUN
ajfa-6021	16	9	.	.	PUNCT
ajfa-6021	17	1	in	in	ADP
ajfa-6021	17	2	addition	addition	NOUN
ajfa-6021	17	3	,	,	PUNCT
ajfa-6021	17	4	the	the	DET
ajfa-6021	17	5	managers	manager	NOUN
ajfa-6021	17	6	of	of	ADP
ajfa-6021	17	7	large	large	ADJ
ajfa-6021	17	8	-	-	PUNCT
ajfa-6021	17	9	scale	scale	NOUN
ajfa-6021	17	10	funds	fund	NOUN
ajfa-6021	17	11	are	be	AUX
ajfa-6021	17	12	highly	highly	ADV
ajfa-6021	17	13	likely	likely	ADJ
ajfa-6021	17	14	to	to	PART
ajfa-6021	17	15	possess	possess	VERB
ajfa-6021	17	16	sufficient	sufficient	ADJ
ajfa-6021	17	17	funding	funding	NOUN
ajfa-6021	17	18	for	for	ADP
ajfa-6021	17	19	establishing	establish	VERB
ajfa-6021	17	20	superior	superior	ADJ
ajfa-6021	17	21	portfolios	portfolio	NOUN
ajfa-6021	17	22	.	.	PUNCT
ajfa-6021	18	1	chiu	chiu	PROPN
ajfa-6021	18	2	(	(	PUNCT
ajfa-6021	18	3	2011	2011	NUM
ajfa-6021	18	4	)	)	PUNCT
ajfa-6021	18	5	presented	present	VERB
ajfa-6021	18	6	relatively	relatively	ADV
ajfa-6021	18	7	weak	weak	ADJ
ajfa-6021	18	8	evidence	evidence	NOUN
ajfa-6021	18	9	that	that	PRON
ajfa-6021	18	10	indicated	indicate	VERB
ajfa-6021	18	11	that	that	SCONJ
ajfa-6021	18	12	large	large	ADJ
ajfa-6021	18	13	scales	scale	NOUN
ajfa-6021	18	14	and	and	CCONJ
ajfa-6021	18	15	high	high	ADJ
ajfa-6021	18	16	turnover	turnover	NOUN
ajfa-6021	18	17	rates	rate	NOUN
ajfa-6021	18	18	in	in	ADP
ajfa-6021	18	19	funds	fund	NOUN
ajfa-6021	18	20	were	be	AUX
ajfa-6021	18	21	associated	associate	VERB
ajfa-6021	18	22	with	with	ADP
ajfa-6021	18	23	superior	superior	ADJ
ajfa-6021	18	24	fund	fund	NOUN
ajfa-6021	18	25	performance	performance	NOUN
ajfa-6021	18	26	.	.	PUNCT
ajfa-6021	19	1	as	as	SCONJ
ajfa-6021	19	2	funds	fund	NOUN
ajfa-6021	19	3	increase	increase	VERB
ajfa-6021	19	4	in	in	ADP
ajfa-6021	19	5	size	size	NOUN
ajfa-6021	19	6	,	,	PUNCT
ajfa-6021	19	7	their	their	PRON
ajfa-6021	19	8	likelihood	likelihood	NOUN
ajfa-6021	19	9	to	to	PART
ajfa-6021	19	10	attract	attract	VERB
ajfa-6021	19	11	professional	professional	ADJ
ajfa-6021	19	12	talent	talent	NOUN
ajfa-6021	19	13	and	and	CCONJ
ajfa-6021	19	14	enjoy	enjoy	VERB
ajfa-6021	19	15	economies	economy	NOUN
ajfa-6021	19	16	of	of	ADP
ajfa-6021	19	17	scale	scale	NOUN
ajfa-6021	19	18	increases	increase	NOUN
ajfa-6021	19	19	,	,	PUNCT
ajfa-6021	19	20	which	which	PRON
ajfa-6021	19	21	can	can	AUX
ajfa-6021	19	22	reduce	reduce	VERB
ajfa-6021	19	23	transaction	transaction	NOUN
ajfa-6021	19	24	costs	cost	NOUN
ajfa-6021	19	25	and	and	CCONJ
ajfa-6021	19	26	relatively	relatively	ADV
ajfa-6021	19	27	increase	increase	VERB
ajfa-6021	19	28	fund	fund	NOUN
ajfa-6021	19	29	performance	performance	NOUN
ajfa-6021	19	30	.	.	PUNCT
ajfa-6021	20	1	shu	shu	PROPN
ajfa-6021	20	2	et	et	PROPN
ajfa-6021	20	3	al	al	PROPN
ajfa-6021	20	4	.	.	PROPN
ajfa-6021	21	1	(	(	PUNCT
ajfa-6021	21	2	2002	2002	NUM
ajfa-6021	21	3	)	)	PUNCT
ajfa-6021	21	4	indicated	indicate	VERB
ajfa-6021	21	5	that	that	SCONJ
ajfa-6021	21	6	fund	fund	NOUN
ajfa-6021	21	7	flows	flow	NOUN
ajfa-6021	21	8	and	and	CCONJ
ajfa-6021	21	9	performance	performance	NOUN
ajfa-6021	21	10	during	during	ADP
ajfa-6021	21	11	the	the	DET
ajfa-6021	21	12	previous	previous	ADJ
ajfa-6021	21	13	period	period	NOUN
ajfa-6021	21	14	are	be	AUX
ajfa-6021	21	15	positively	positively	ADV
ajfa-6021	21	16	correlated	correlate	VERB
ajfa-6021	21	17	in	in	ADP
ajfa-6021	21	18	large	large	ADJ
ajfa-6021	21	19	-	-	PUNCT
ajfa-6021	21	20	scale	scale	NOUN
ajfa-6021	21	21	funds	fund	NOUN
ajfa-6021	21	22	.	.	PUNCT
ajfa-6021	22	1	large	large	ADJ
ajfa-6021	22	2	-	-	PUNCT
ajfa-6021	22	3	scale	scale	NOUN
ajfa-6021	22	4	funds	fund	NOUN
ajfa-6021	22	5	with	with	ADP
ajfa-6021	22	6	excellent	excellent	ADJ
ajfa-6021	22	7	investor	investor	NOUN
ajfa-6021	22	8	redemption	redemption	NOUN
ajfa-6021	22	9	performance	performance	NOUN
ajfa-6021	22	10	exhibited	exhibit	VERB
ajfa-6021	22	11	more	more	ADV
ajfa-6021	22	12	prominently	prominently	ADV
ajfa-6021	22	13	positive	positive	ADJ
ajfa-6021	22	14	correlations	correlation	NOUN
ajfa-6021	22	15	compared	compare	VERB
ajfa-6021	22	16	with	with	ADP
ajfa-6021	22	17	large	large	ADJ
ajfa-6021	22	18	-	-	PUNCT
ajfa-6021	22	19	scale	scale	NOUN
ajfa-6021	22	20	funds	fund	NOUN
ajfa-6021	22	21	with	with	ADP
ajfa-6021	22	22	dismal	dismal	ADJ
ajfa-6021	22	23	redemption	redemption	NOUN
ajfa-6021	22	24	performance	performance	NOUN
ajfa-6021	22	25	.	.	PUNCT
ajfa-6021	23	1	these	these	DET
ajfa-6021	23	2	results	result	NOUN
ajfa-6021	23	3	indicate	indicate	VERB
ajfa-6021	23	4	that	that	SCONJ
ajfa-6021	23	5	the	the	DET
ajfa-6021	23	6	investors	investor	NOUN
ajfa-6021	23	7	of	of	ADP
ajfa-6021	23	8	large	large	ADJ
ajfa-6021	23	9	-	-	PUNCT
ajfa-6021	23	10	scale	scale	NOUN
ajfa-6021	23	11	funds	fund	NOUN
ajfa-6021	23	12	prefer	prefer	VERB
ajfa-6021	23	13	to	to	PART
ajfa-6021	23	14	purchase	purchase	VERB
ajfa-6021	23	15	funds	fund	NOUN
ajfa-6021	23	16	for	for	ADP
ajfa-6021	23	17	short	short	ADJ
ajfa-6021	23	18	-	-	PUNCT
ajfa-6021	23	19	term	term	NOUN
ajfa-6021	23	20	profit	profit	NOUN
ajfa-6021	23	21	and	and	CCONJ
ajfa-6021	23	22	sell	sell	VERB
ajfa-6021	23	23	funds	fund	NOUN
ajfa-6021	23	24	that	that	PRON
ajfa-6021	23	25	do	do	AUX
ajfa-6021	23	26	achieve	achieve	VERB
ajfa-6021	23	27	short	short	ADJ
ajfa-6021	23	28	-	-	PUNCT
ajfa-6021	23	29	term	term	NOUN
ajfa-6021	23	30	profit	profit	NOUN
ajfa-6021	23	31	.	.	PUNCT
ajfa-6021	24	1	in	in	ADP
ajfa-6021	24	2	addition	addition	NOUN
ajfa-6021	24	3	,	,	PUNCT
ajfa-6021	24	4	the	the	DET
ajfa-6021	24	5	fund	fund	NOUN
ajfa-6021	24	6	inflows	inflow	NOUN
ajfa-6021	24	7	and	and	CCONJ
ajfa-6021	24	8	outflows	outflow	NOUN
ajfa-6021	24	9	of	of	ADP
ajfa-6021	24	10	large	large	ADJ
ajfa-6021	24	11	-	-	PUNCT
ajfa-6021	24	12	scale	scale	NOUN
ajfa-6021	24	13	fund	fund	NOUN
ajfa-6021	24	14	investors	investor	NOUN
ajfa-6021	24	15	respond	respond	VERB
ajfa-6021	24	16	to	to	ADP
ajfa-6021	24	17	past	past	ADJ
ajfa-6021	24	18	returns	return	NOUN
ajfa-6021	24	19	.	.	PUNCT
ajfa-6021	25	1	this	this	PRON
ajfa-6021	25	2	indicates	indicate	VERB
ajfa-6021	25	3	that	that	SCONJ
ajfa-6021	25	4	investors	investor	NOUN
ajfa-6021	25	5	strive	strive	VERB
ajfa-6021	25	6	to	to	PART
ajfa-6021	25	7	duplicate	duplicate	VERB
ajfa-6021	25	8	previous	previous	ADJ
ajfa-6021	25	9	performance	performance	NOUN
ajfa-6021	25	10	.	.	PUNCT
ajfa-6021	26	1	however	however	ADV
ajfa-6021	26	2	,	,	PUNCT
ajfa-6021	26	3	investors	investor	NOUN
ajfa-6021	26	4	of	of	ADP
ajfa-6021	26	5	small	small	ADJ
ajfa-6021	26	6	-	-	PUNCT
ajfa-6021	26	7	scale	scale	NOUN
ajfa-6021	26	8	funds	fund	NOUN
ajfa-6021	26	9	behave	behave	VERB
ajfa-6021	26	10	differently	differently	ADV
ajfa-6021	26	11	.	.	PUNCT
ajfa-6021	27	1	the	the	DET
ajfa-6021	27	2	fund	fund	NOUN
ajfa-6021	27	3	outflows	outflow	NOUN
ajfa-6021	27	4	of	of	ADP
ajfa-6021	27	5	small	small	ADJ
ajfa-6021	27	6	-	-	PUNCT
ajfa-6021	27	7	scale	scale	NOUN
ajfa-6021	27	8	fund	fund	NOUN
ajfa-6021	27	9	investors	investor	NOUN
ajfa-6021	27	10	do	do	AUX
ajfa-6021	27	11	not	not	PART
ajfa-6021	27	12	respond	respond	VERB
ajfa-6021	27	13	to	to	ADP
ajfa-6021	27	14	past	past	ADJ
ajfa-6021	27	15	performance	performance	NOUN
ajfa-6021	27	16	.	.	PUNCT
ajfa-6021	28	1	however	however	ADV
ajfa-6021	28	2	,	,	PUNCT
ajfa-6021	28	3	when	when	SCONJ
ajfa-6021	28	4	recent	recent	ADJ
ajfa-6021	28	5	fund	fund	NOUN
ajfa-6021	28	6	performance	performance	NOUN
ajfa-6021	28	7	improves	improve	VERB
ajfa-6021	28	8	,	,	PUNCT
ajfa-6021	28	9	investors	investor	NOUN
ajfa-6021	28	10	redeem	redeem	VERB
ajfa-6021	28	11	a	a	DET
ajfa-6021	28	12	small	small	ADJ
ajfa-6021	28	13	number	number	NOUN
ajfa-6021	28	14	of	of	ADP
ajfa-6021	28	15	shares	share	NOUN
ajfa-6021	28	16	from	from	ADP
ajfa-6021	28	17	the	the	DET
ajfa-6021	28	18	fund	fund	NOUN
ajfa-6021	28	19	.	.	PUNCT
ajfa-6021	29	1	this	this	PRON
ajfa-6021	29	2	indicates	indicate	VERB
ajfa-6021	29	3	that	that	SCONJ
ajfa-6021	29	4	investors	investor	NOUN
ajfa-6021	29	5	do	do	AUX
ajfa-6021	29	6	not	not	PART
ajfa-6021	29	7	seek	seek	VERB
ajfa-6021	29	8	short	short	ADJ
ajfa-6021	29	9	-	-	PUNCT
ajfa-6021	29	10	term	term	NOUN
ajfa-6021	29	11	returns	return	NOUN
ajfa-6021	29	12	but	but	CCONJ
ajfa-6021	29	13	instead	instead	ADV
ajfa-6021	29	14	hold	hold	VERB
ajfa-6021	29	15	funds	fund	NOUN
ajfa-6021	29	16	with	with	ADP
ajfa-6021	29	17	superior	superior	ADJ
ajfa-6021	29	18	performance	performance	NOUN
ajfa-6021	29	19	.	.	PUNCT
ajfa-6021	30	1	a	a	DET
ajfa-6021	30	2	number	number	NOUN
ajfa-6021	30	3	of	of	ADP
ajfa-6021	30	4	scholars	scholar	NOUN
ajfa-6021	30	5	have	have	AUX
ajfa-6021	30	6	also	also	ADV
ajfa-6021	30	7	held	hold	VERB
ajfa-6021	30	8	that	that	SCONJ
ajfa-6021	30	9	large	large	ADJ
ajfa-6021	30	10	-	-	PUNCT
ajfa-6021	30	11	scale	scale	NOUN
ajfa-6021	30	12	funds	fund	NOUN
ajfa-6021	30	13	do	do	AUX
ajfa-6021	30	14	not	not	PART
ajfa-6021	30	15	exhibit	exhibit	VERB
ajfa-6021	30	16	a	a	DET
ajfa-6021	30	17	strong	strong	ADJ
ajfa-6021	30	18	relationship	relationship	NOUN
ajfa-6021	30	19	between	between	ADP
ajfa-6021	30	20	fund	fund	NOUN
ajfa-6021	30	21	performance	performance	NOUN
ajfa-6021	30	22	and	and	CCONJ
ajfa-6021	30	23	flow	flow	NOUN
ajfa-6021	30	24	.	.	PUNCT
ajfa-6021	31	1	banz	banz	PROPN
ajfa-6021	31	2	(	(	PUNCT
ajfa-6021	31	3	1981	1981	NUM
ajfa-6021	31	4	)	)	PUNCT
ajfa-6021	31	5	and	and	CCONJ
ajfa-6021	31	6	reinganum	reinganum	ADJ
ajfa-6021	31	7	(	(	PUNCT
ajfa-6021	31	8	1981	1981	NUM
ajfa-6021	31	9	)	)	PUNCT
ajfa-6021	31	10	were	be	AUX
ajfa-6021	31	11	the	the	DET
ajfa-6021	31	12	first	first	ADJ
ajfa-6021	31	13	to	to	PART
ajfa-6021	31	14	propose	propose	VERB
ajfa-6021	31	15	size	size	NOUN
ajfa-6021	31	16	effects	effect	NOUN
ajfa-6021	31	17	.	.	PUNCT
ajfa-6021	32	1	they	they	PRON
ajfa-6021	32	2	found	find	VERB
ajfa-6021	32	3	that	that	SCONJ
ajfa-6021	32	4	small	small	ADJ
ajfa-6021	32	5	-	-	PUNCT
ajfa-6021	32	6	scale	scale	NOUN
ajfa-6021	32	7	investment	investment	NOUN
ajfa-6021	32	8	portfolios	portfolio	NOUN
ajfa-6021	32	9	have	have	VERB
ajfa-6021	32	10	risk	risk	NOUN
ajfa-6021	32	11	-	-	PUNCT
ajfa-6021	32	12	adjusted	adjust	VERB
ajfa-6021	32	13	returns	return	NOUN
ajfa-6021	32	14	that	that	PRON
ajfa-6021	32	15	are	be	AUX
ajfa-6021	32	16	significantly	significantly	ADV
ajfa-6021	32	17	higher	high	ADJ
ajfa-6021	32	18	than	than	ADP
ajfa-6021	32	19	those	those	PRON
ajfa-6021	32	20	of	of	ADP
ajfa-6021	32	21	large	large	ADJ
ajfa-6021	32	22	-	-	PUNCT
ajfa-6021	32	23	scale	scale	NOUN
ajfa-6021	32	24	investment	investment	NOUN
ajfa-6021	32	25	portfolios	portfolio	NOUN
ajfa-6021	32	26	.	.	PUNCT
ajfa-6021	33	1	zheng	zheng	PROPN
ajfa-6021	33	2	(	(	PUNCT
ajfa-6021	33	3	1999	1999	NUM
ajfa-6021	33	4	)	)	PUNCT
ajfa-6021	33	5	indicated	indicate	VERB
ajfa-6021	33	6	that	that	SCONJ
ajfa-6021	33	7	small	small	ADJ
ajfa-6021	33	8	-	-	PUNCT
ajfa-6021	33	9	scale	scale	NOUN
ajfa-6021	33	10	funds	fund	NOUN
ajfa-6021	33	11	that	that	PRON
ajfa-6021	33	12	use	use	VERB
ajfa-6021	33	13	flow	flow	NOUN
ajfa-6021	33	14	information	information	NOUN
ajfa-6021	33	15	have	have	VERB
ajfa-6021	33	16	the	the	DET
ajfa-6021	33	17	chance	chance	NOUN
ajfa-6021	33	18	to	to	PART
ajfa-6021	33	19	achieve	achieve	VERB
ajfa-6021	33	20	positive	positive	ADJ
ajfa-6021	33	21	excess	excess	ADJ
ajfa-6021	33	22	returns	return	NOUN
ajfa-6021	33	23	.	.	PUNCT
ajfa-6021	34	1	pollet	pollet	NOUN
ajfa-6021	34	2	and	and	CCONJ
ajfa-6021	34	3	wilson	wilson	PROPN
ajfa-6021	34	4	(	(	PUNCT
ajfa-6021	34	5	2008	2008	NUM
ajfa-6021	34	6	)	)	PUNCT
ajfa-6021	34	7	indicated	indicate	VERB
ajfa-6021	34	8	that	that	SCONJ
ajfa-6021	34	9	small	small	ADJ
ajfa-6021	34	10	-	-	PUNCT
ajfa-6021	34	11	scale	scale	NOUN
ajfa-6021	34	12	funds	fund	NOUN
ajfa-6021	34	13	are	be	AUX
ajfa-6021	34	14	more	more	ADV
ajfa-6021	34	15	likely	likely	ADJ
ajfa-6021	34	16	to	to	PART
ajfa-6021	34	17	achieve	achieve	VERB
ajfa-6021	34	18	excess	excess	ADJ
ajfa-6021	34	19	returns	return	NOUN
ajfa-6021	34	20	than	than	SCONJ
ajfa-6021	34	21	large	large	ADJ
ajfa-6021	34	22	-	-	PUNCT
ajfa-6021	34	23	scale	scale	NOUN
ajfa-6021	34	24	funds	fund	NOUN
ajfa-6021	34	25	are	be	AUX
ajfa-6021	34	26	.	.	PUNCT
ajfa-6021	35	1	kao	kao	PROPN
ajfa-6021	35	2	,	,	PUNCT
ajfa-6021	35	3	chen	chen	PROPN
ajfa-6021	35	4	,	,	PUNCT
ajfa-6021	35	5	tang	tang	PROPN
ajfa-6021	35	6	,	,	PUNCT
ajfa-6021	35	7	and	and	CCONJ
ajfa-6021	35	8	tsao	tsao	PROPN
ajfa-6021	35	9	(	(	PUNCT
ajfa-6021	35	10	2005	2005	NUM
ajfa-6021	35	11	)	)	PUNCT
ajfa-6021	35	12	used	use	VERB
ajfa-6021	35	13	simulation	simulation	NOUN
ajfa-6021	35	14	analysis	analysis	NOUN
ajfa-6021	35	15	to	to	PART
ajfa-6021	35	16	investigate	investigate	VERB
ajfa-6021	35	17	the	the	DET
ajfa-6021	35	18	correctness	correctness	NOUN
ajfa-6021	35	19	of	of	ADP
ajfa-6021	35	20	mutual	mutual	ADJ
ajfa-6021	35	21	fund	fund	NOUN
ajfa-6021	35	22	performance	performance	NOUN
ajfa-6021	35	23	indicators	indicator	NOUN
ajfa-6021	35	24	and	and	CCONJ
ajfa-6021	35	25	to	to	PART
ajfa-6021	35	26	test	test	VERB
ajfa-6021	35	27	equity	equity	NOUN
ajfa-6021	35	28	funds	fund	NOUN
ajfa-6021	35	29	in	in	ADP
ajfa-6021	35	30	the	the	DET
ajfa-6021	35	31	taiwanese	taiwanese	ADJ
ajfa-6021	35	32	fund	fund	NOUN
ajfa-6021	35	33	market	market	NOUN
ajfa-6021	35	34	.	.	PUNCT
ajfa-6021	36	1	they	they	PRON
ajfa-6021	36	2	found	find	VERB
ajfa-6021	36	3	that	that	SCONJ
ajfa-6021	36	4	because	because	SCONJ
ajfa-6021	36	5	the	the	DET
ajfa-6021	36	6	taiwanese	taiwanese	ADJ
ajfa-6021	36	7	fund	fund	NOUN
ajfa-6021	36	8	market	market	NOUN
ajfa-6021	36	9	is	be	AUX
ajfa-6021	36	10	small	small	ADJ
ajfa-6021	36	11	,	,	PUNCT
ajfa-6021	36	12	funds	fund	NOUN
ajfa-6021	36	13	should	should	AUX
ajfa-6021	36	14	focus	focus	VERB
ajfa-6021	36	15	on	on	ADP
ajfa-6021	36	16	small	small	ADJ
ajfa-6021	36	17	caps	cap	NOUN
ajfa-6021	36	18	as	as	ADP
ajfa-6021	36	19	investment	investment	NOUN
ajfa-6021	36	20	targets	target	NOUN
ajfa-6021	36	21	,	,	PUNCT
ajfa-6021	36	22	and	and	CCONJ
ajfa-6021	36	23	the	the	DET
ajfa-6021	36	24	asian	asian	ADJ
ajfa-6021	36	25	journal	journal	NOUN
ajfa-6021	36	26	of	of	ADP
ajfa-6021	36	27	finance	finance	PROPN
ajfa-6021	36	28	&	&	CCONJ
ajfa-6021	36	29	accounting	accounting	PROPN
ajfa-6021	36	30	issn	issn	PROPN
ajfa-6021	36	31	1946	1946	NUM
ajfa-6021	36	32	-	-	PUNCT
ajfa-6021	36	33	052x	052x	NOUN
ajfa-6021	36	34	2015	2015	NUM
ajfa-6021	36	35	,	,	PUNCT
ajfa-6021	36	36	vol	vol	NOUN
ajfa-6021	36	37	.	.	PROPN
ajfa-6021	36	38	7	7	NUM
ajfa-6021	36	39	,	,	PUNCT
ajfa-6021	36	40	no	no	INTJ
ajfa-6021	36	41	.	.	NOUN
ajfa-6021	36	42	1	1	NUM
ajfa-6021	36	43	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	36	44	4	4	NUM
ajfa-6021	36	45	subsequent	subsequent	ADJ
ajfa-6021	36	46	scale	scale	NOUN
ajfa-6021	36	47	effects	effect	NOUN
ajfa-6021	36	48	will	will	AUX
ajfa-6021	36	49	result	result	VERB
ajfa-6021	36	50	in	in	ADP
ajfa-6021	36	51	enhanced	enhanced	ADJ
ajfa-6021	36	52	investment	investment	NOUN
ajfa-6021	36	53	performance	performance	NOUN
ajfa-6021	36	54	.	.	PUNCT
ajfa-6021	37	1	chen	chen	PROPN
ajfa-6021	37	2	,	,	PUNCT
ajfa-6021	37	3	hung	hung	PROPN
ajfa-6021	37	4	,	,	PUNCT
ajfa-6021	37	5	and	and	CCONJ
ajfa-6021	37	6	lee	lee	PROPN
ajfa-6021	37	7	(	(	PUNCT
ajfa-6021	37	8	2001	2001	NUM
ajfa-6021	37	9	)	)	PUNCT
ajfa-6021	37	10	found	find	VERB
ajfa-6021	37	11	a	a	DET
ajfa-6021	37	12	negative	negative	ADJ
ajfa-6021	37	13	correlation	correlation	NOUN
ajfa-6021	37	14	between	between	ADP
ajfa-6021	37	15	fund	fund	NOUN
ajfa-6021	37	16	scale	scale	NOUN
ajfa-6021	37	17	and	and	CCONJ
ajfa-6021	37	18	performance	performance	NOUN
ajfa-6021	37	19	.	.	PUNCT
ajfa-6021	38	1	however	however	ADV
ajfa-6021	38	2	,	,	PUNCT
ajfa-6021	38	3	they	they	PRON
ajfa-6021	38	4	also	also	ADV
ajfa-6021	38	5	indicated	indicate	VERB
ajfa-6021	38	6	that	that	SCONJ
ajfa-6021	38	7	the	the	DET
ajfa-6021	38	8	scale	scale	NOUN
ajfa-6021	38	9	of	of	ADP
ajfa-6021	38	10	asset	asset	NOUN
ajfa-6021	38	11	management	management	NOUN
ajfa-6021	38	12	companies	company	NOUN
ajfa-6021	38	13	is	be	AUX
ajfa-6021	38	14	positively	positively	ADV
ajfa-6021	38	15	associated	associate	VERB
ajfa-6021	38	16	with	with	ADP
ajfa-6021	38	17	performance	performance	NOUN
ajfa-6021	38	18	.	.	PUNCT
ajfa-6021	39	1	this	this	PRON
ajfa-6021	39	2	implies	imply	VERB
ajfa-6021	39	3	that	that	SCONJ
ajfa-6021	39	4	managers	manager	NOUN
ajfa-6021	39	5	find	find	VERB
ajfa-6021	39	6	large	large	ADJ
ajfa-6021	39	7	-	-	PUNCT
ajfa-6021	39	8	scale	scale	NOUN
ajfa-6021	39	9	funds	fund	NOUN
ajfa-6021	39	10	to	to	PART
ajfa-6021	39	11	have	have	AUX
ajfa-6021	39	12	decreased	decrease	VERB
ajfa-6021	39	13	operating	operating	NOUN
ajfa-6021	39	14	flexibility	flexibility	NOUN
ajfa-6021	39	15	,	,	PUNCT
ajfa-6021	39	16	leading	lead	VERB
ajfa-6021	39	17	to	to	ADP
ajfa-6021	39	18	inefficiency	inefficiency	NOUN
ajfa-6021	39	19	,	,	PUNCT
ajfa-6021	39	20	which	which	PRON
ajfa-6021	39	21	results	result	VERB
ajfa-6021	39	22	in	in	ADP
ajfa-6021	39	23	unsatisfactory	unsatisfactory	ADJ
ajfa-6021	39	24	performance	performance	NOUN
ajfa-6021	39	25	.	.	PUNCT
ajfa-6021	40	1	therefore	therefore	ADV
ajfa-6021	40	2	,	,	PUNCT
ajfa-6021	40	3	in	in	ADP
ajfa-6021	40	4	this	this	DET
ajfa-6021	40	5	study	study	NOUN
ajfa-6021	40	6	,	,	PUNCT
ajfa-6021	40	7	we	we	PRON
ajfa-6021	40	8	used	use	VERB
ajfa-6021	40	9	fund	fund	NOUN
ajfa-6021	40	10	scale	scale	NOUN
ajfa-6021	40	11	to	to	PART
ajfa-6021	40	12	analyze	analyze	VERB
ajfa-6021	40	13	the	the	DET
ajfa-6021	40	14	fund	fund	NOUN
ajfa-6021	40	15	subscription	subscription	NOUN
ajfa-6021	40	16	and	and	CCONJ
ajfa-6021	40	17	redemption	redemption	NOUN
ajfa-6021	40	18	behavior	behavior	NOUN
ajfa-6021	40	19	of	of	ADP
ajfa-6021	40	20	investors	investor	NOUN
ajfa-6021	40	21	.	.	PUNCT
ajfa-6021	41	1	we	we	PRON
ajfa-6021	41	2	further	far	ADV
ajfa-6021	41	3	explored	explore	VERB
ajfa-6021	41	4	fund	fund	NOUN
ajfa-6021	41	5	flow	flow	NOUN
ajfa-6021	41	6	and	and	CCONJ
ajfa-6021	41	7	fund	fund	NOUN
ajfa-6021	41	8	performance	performance	NOUN
ajfa-6021	41	9	by	by	ADP
ajfa-6021	41	10	dividing	divide	VERB
ajfa-6021	41	11	funds	fund	NOUN
ajfa-6021	41	12	into	into	ADP
ajfa-6021	41	13	large	large	ADJ
ajfa-6021	41	14	-	-	PUNCT
ajfa-6021	41	15	scale	scale	NOUN
ajfa-6021	41	16	and	and	CCONJ
ajfa-6021	41	17	small	small	ADJ
ajfa-6021	41	18	-	-	PUNCT
ajfa-6021	41	19	scale	scale	NOUN
ajfa-6021	41	20	funds	fund	NOUN
ajfa-6021	41	21	.	.	PUNCT
ajfa-6021	42	1	in	in	ADP
ajfa-6021	42	2	this	this	DET
ajfa-6021	42	3	study	study	NOUN
ajfa-6021	42	4	,	,	PUNCT
ajfa-6021	42	5	we	we	PRON
ajfa-6021	42	6	used	use	VERB
ajfa-6021	42	7	the	the	DET
ajfa-6021	42	8	tej	tej	PROPN
ajfa-6021	42	9	database	database	NOUN
ajfa-6021	42	10	to	to	PART
ajfa-6021	42	11	seek	seek	VERB
ajfa-6021	42	12	explanatory	explanatory	ADJ
ajfa-6021	42	13	variables	variable	NOUN
ajfa-6021	42	14	for	for	ADP
ajfa-6021	42	15	exploring	explore	VERB
ajfa-6021	42	16	whether	whether	SCONJ
ajfa-6021	42	17	the	the	DET
ajfa-6021	42	18	characteristics	characteristic	NOUN
ajfa-6021	42	19	of	of	ADP
ajfa-6021	42	20	multiple	multiple	ADJ
ajfa-6021	42	21	groups	group	NOUN
ajfa-6021	42	22	of	of	ADP
ajfa-6021	42	23	domestic	domestic	ADJ
ajfa-6021	42	24	stock	stock	NOUN
ajfa-6021	42	25	funds	fund	NOUN
ajfa-6021	42	26	resulted	result	VERB
ajfa-6021	42	27	in	in	ADP
ajfa-6021	42	28	various	various	ADJ
ajfa-6021	42	29	investment	investment	NOUN
ajfa-6021	42	30	behaviors	behavior	NOUN
ajfa-6021	42	31	because	because	SCONJ
ajfa-6021	42	32	of	of	ADP
ajfa-6021	42	33	varying	vary	VERB
ajfa-6021	42	34	levels	level	NOUN
ajfa-6021	42	35	of	of	ADP
ajfa-6021	42	36	risk	risk	NOUN
ajfa-6021	42	37	.	.	PUNCT
ajfa-6021	43	1	we	we	PRON
ajfa-6021	43	2	divided	divide	VERB
ajfa-6021	43	3	investors	investor	NOUN
ajfa-6021	43	4	into	into	ADP
ajfa-6021	43	5	overall	overall	ADJ
ajfa-6021	43	6	stock	stock	NOUN
ajfa-6021	43	7	fund	fund	NOUN
ajfa-6021	43	8	investors	investor	NOUN
ajfa-6021	43	9	(	(	PUNCT
ajfa-6021	43	10	group	group	NOUN
ajfa-6021	43	11	a	a	NOUN
ajfa-6021	43	12	)	)	PUNCT
ajfa-6021	43	13	,	,	PUNCT
ajfa-6021	43	14	insured	insure	VERB
ajfa-6021	43	15	investors	investor	NOUN
ajfa-6021	43	16	(	(	PUNCT
ajfa-6021	43	17	group	group	NOUN
ajfa-6021	43	18	b	b	PROPN
ajfa-6021	43	19	)	)	PUNCT
ajfa-6021	43	20	,	,	PUNCT
ajfa-6021	43	21	and	and	CCONJ
ajfa-6021	43	22	noninsured	noninsure	VERB
ajfa-6021	43	23	investors	investor	NOUN
ajfa-6021	43	24	(	(	PUNCT
ajfa-6021	43	25	group	group	NOUN
ajfa-6021	43	26	c	c	PROPN
ajfa-6021	43	27	)	)	PUNCT
ajfa-6021	43	28	.	.	PUNCT
ajfa-6021	44	1	this	this	DET
ajfa-6021	44	2	paper	paper	NOUN
ajfa-6021	44	3	is	be	AUX
ajfa-6021	44	4	divided	divide	VERB
ajfa-6021	44	5	into	into	ADP
ajfa-6021	44	6	five	five	NUM
ajfa-6021	44	7	sections	section	NOUN
ajfa-6021	44	8	.	.	PUNCT
ajfa-6021	45	1	in	in	ADP
ajfa-6021	45	2	addition	addition	NOUN
ajfa-6021	45	3	to	to	ADP
ajfa-6021	45	4	the	the	DET
ajfa-6021	45	5	introduction	introduction	NOUN
ajfa-6021	45	6	,	,	PUNCT
ajfa-6021	45	7	we	we	PRON
ajfa-6021	45	8	define	define	VERB
ajfa-6021	45	9	variable	variable	ADJ
ajfa-6021	45	10	definitions	definition	NOUN
ajfa-6021	45	11	and	and	CCONJ
ajfa-6021	45	12	introduce	introduce	VERB
ajfa-6021	45	13	the	the	DET
ajfa-6021	45	14	research	research	NOUN
ajfa-6021	45	15	sample	sample	NOUN
ajfa-6021	45	16	,	,	PUNCT
ajfa-6021	45	17	research	research	NOUN
ajfa-6021	45	18	period	period	NOUN
ajfa-6021	45	19	and	and	CCONJ
ajfa-6021	45	20	range	range	NOUN
ajfa-6021	45	21	,	,	PUNCT
ajfa-6021	45	22	and	and	CCONJ
ajfa-6021	45	23	our	our	PRON
ajfa-6021	45	24	methodology	methodology	NOUN
ajfa-6021	45	25	.	.	PUNCT
ajfa-6021	46	1	we	we	PRON
ajfa-6021	46	2	then	then	ADV
ajfa-6021	46	3	explore	explore	VERB
ajfa-6021	46	4	the	the	DET
ajfa-6021	46	5	responses	response	NOUN
ajfa-6021	46	6	of	of	ADP
ajfa-6021	46	7	various	various	ADJ
ajfa-6021	46	8	groups	group	NOUN
ajfa-6021	46	9	of	of	ADP
ajfa-6021	46	10	domestic	domestic	ADJ
ajfa-6021	46	11	stock	stock	NOUN
ajfa-6021	46	12	fund	fund	NOUN
ajfa-6021	46	13	investors	investor	NOUN
ajfa-6021	46	14	with	with	ADP
ajfa-6021	46	15	investment	investment	NOUN
ajfa-6021	46	16	-	-	PUNCT
ajfa-6021	46	17	linked	link	VERB
ajfa-6021	46	18	insurance	insurance	NOUN
ajfa-6021	46	19	policies	policy	NOUN
ajfa-6021	46	20	toward	toward	ADP
ajfa-6021	46	21	varying	vary	VERB
ajfa-6021	46	22	levels	level	NOUN
ajfa-6021	46	23	of	of	ADP
ajfa-6021	46	24	fund	fund	NOUN
ajfa-6021	46	25	risk	risk	NOUN
ajfa-6021	46	26	.	.	PUNCT
ajfa-6021	47	1	finally	finally	ADV
ajfa-6021	47	2	,	,	PUNCT
ajfa-6021	47	3	we	we	PRON
ajfa-6021	47	4	present	present	VERB
ajfa-6021	47	5	our	our	PRON
ajfa-6021	47	6	conclusion	conclusion	NOUN
ajfa-6021	47	7	.	.	PUNCT
ajfa-6021	48	1	2	2	X
ajfa-6021	48	2	.	.	X
ajfa-6021	48	3	variable	variable	ADJ
ajfa-6021	48	4	definitions	definition	NOUN
ajfa-6021	48	5	&	&	CCONJ
ajfa-6021	48	6	research	research	NOUN
ajfa-6021	48	7	purposes	purpose	NOUN
ajfa-6021	48	8	we	we	PRON
ajfa-6021	48	9	used	use	VERB
ajfa-6021	48	10	net	net	ADJ
ajfa-6021	48	11	inflows	inflow	NOUN
ajfa-6021	48	12	and	and	CCONJ
ajfa-6021	48	13	net	net	NOUN
ajfa-6021	48	14	outflows	outflow	NOUN
ajfa-6021	48	15	as	as	ADP
ajfa-6021	48	16	dependent	dependent	ADJ
ajfa-6021	48	17	variables	variable	NOUN
ajfa-6021	48	18	.	.	PUNCT
ajfa-6021	49	1	the	the	DET
ajfa-6021	49	2	in	in	ADP
ajfa-6021	49	3	low	low	ADJ
ajfa-6021	49	4	,	,	PUNCT
ajfa-6021	49	5	is	be	AUX
ajfa-6021	49	6	equal	equal	ADJ
ajfa-6021	49	7	purchase	purchase	NOUN
ajfa-6021	49	8	,	,	PUNCT
ajfa-6021	49	9	divided	divide	VERB
ajfa-6021	49	10	by	by	ADP
ajfa-6021	49	11	total	total	ADJ
ajfa-6021	49	12	net	net	ADJ
ajfa-6021	49	13	assets	asset	NOUN
ajfa-6021	49	14	,	,	PUNCT
ajfa-6021	49	15	and	and	CCONJ
ajfa-6021	49	16	out	out	ADV
ajfa-6021	49	17	low	low	ADJ
ajfa-6021	49	18	,	,	PUNCT
ajfa-6021	49	19	is	be	AUX
ajfa-6021	49	20	equal	equal	ADJ
ajfa-6021	49	21	redemption	redemption	NOUN
ajfa-6021	49	22	,	,	PUNCT
ajfa-6021	49	23	divided	divide	VERB
ajfa-6021	49	24	by	by	ADP
ajfa-6021	49	25	total	total	ADJ
ajfa-6021	49	26	net	net	ADJ
ajfa-6021	49	27	assets	asset	NOUN
ajfa-6021	49	28	,	,	PUNCT
ajfa-6021	49	29	.	.	PUNCT
ajfa-6021	50	1	in	in	ADP
ajfa-6021	50	2	low	low	ADJ
ajfa-6021	50	3	,	,	PUNCT
ajfa-6021	50	4	expresses	express	VERB
ajfa-6021	50	5	the	the	DET
ajfa-6021	50	6	inflow	inflow	NOUN
ajfa-6021	50	7	of	of	ADP
ajfa-6021	50	8	fund	fund	NOUN
ajfa-6021	50	9	i	i	PRON
ajfa-6021	50	10	during	during	ADP
ajfa-6021	50	11	month	month	NOUN
ajfa-6021	50	12	t.	t.	X
ajfa-6021	50	13	out	out	ADP
ajfa-6021	50	14	low	low	ADV
ajfa-6021	50	15	,	,	PUNCT
ajfa-6021	50	16	expresses	express	VERB
ajfa-6021	50	17	the	the	DET
ajfa-6021	50	18	outflow	outflow	NOUN
ajfa-6021	50	19	of	of	ADP
ajfa-6021	50	20	fund	fund	NOUN
ajfa-6021	50	21	i	i	PRON
ajfa-6021	50	22	during	during	ADP
ajfa-6021	50	23	month	month	NOUN
ajfa-6021	50	24	t.	t.	PROPN
ajfa-6021	50	25	ℎ	ℎ	PROPN
ajfa-6021	50	26	,	,	PUNCT
ajfa-6021	50	27	is	be	AUX
ajfa-6021	50	28	the	the	DET
ajfa-6021	50	29	subscription	subscription	NOUN
ajfa-6021	50	30	amount	amount	NOUN
ajfa-6021	50	31	of	of	ADP
ajfa-6021	50	32	fund	fund	NOUN
ajfa-6021	50	33	i	i	PRON
ajfa-6021	50	34	during	during	ADP
ajfa-6021	50	35	month	month	NOUN
ajfa-6021	50	36	t.	t.	PROPN
ajfa-6021	50	37	,	,	PUNCT
ajfa-6021	50	38	is	be	AUX
ajfa-6021	50	39	the	the	DET
ajfa-6021	50	40	redemption	redemption	NOUN
ajfa-6021	50	41	amount	amount	NOUN
ajfa-6021	50	42	of	of	ADP
ajfa-6021	50	43	fund	fund	NOUN
ajfa-6021	51	1	i	i	PRON
ajfa-6021	51	2	during	during	ADP
ajfa-6021	51	3	month	month	NOUN
ajfa-6021	51	4	t.	t.	PROPN
ajfa-6021	51	5	total	total	ADJ
ajfa-6021	51	6	net	net	ADJ
ajfa-6021	51	7	assets	asset	NOUN
ajfa-6021	51	8	,	,	PUNCT
ajfa-6021	51	9	is	be	AUX
ajfa-6021	51	10	the	the	DET
ajfa-6021	51	11	fund	fund	NOUN
ajfa-6021	51	12	assets	asset	NOUN
ajfa-6021	51	13	of	of	ADP
ajfa-6021	51	14	fund	fund	NOUN
ajfa-6021	51	15	i	i	PRON
ajfa-6021	51	16	during	during	ADP
ajfa-6021	51	17	month	month	NOUN
ajfa-6021	51	18	t	t	PROPN
ajfa-6021	51	19	–	–	PUNCT
ajfa-6021	51	20	1	1	X
ajfa-6021	51	21	.	.	PUNCT
ajfa-6021	52	1	the	the	DET
ajfa-6021	52	2	calculation	calculation	NOUN
ajfa-6021	52	3	for	for	ADP
ajfa-6021	52	4	this	this	PRON
ajfa-6021	52	5	was	be	AUX
ajfa-6021	52	6	.	.	PUNCT
ajfa-6021	53	1	=	=	PRON
ajfa-6021	53	2	ln	ln	ADJ
ajfa-6021	53	3	(	(	PUNCT
ajfa-6021	53	4	net	net	ADJ
ajfa-6021	53	5	asset	asset	NOUN
ajfa-6021	53	6	value	value	NOUN
ajfa-6021	53	7	of	of	ADP
ajfa-6021	53	8	fund	fund	NOUN
ajfa-6021	53	9	i	i	PRON
ajfa-6021	53	10	during	during	ADP
ajfa-6021	53	11	period	period	NOUN
ajfa-6021	53	12	t	t	PROPN
ajfa-6021	53	13	)	)	PUNCT
ajfa-6021	53	14	.	.	PUNCT
ajfa-6021	54	1	according	accord	VERB
ajfa-6021	54	2	to	to	ADP
ajfa-6021	54	3	the	the	DET
ajfa-6021	54	4	research	research	NOUN
ajfa-6021	54	5	background	background	NOUN
ajfa-6021	54	6	and	and	CCONJ
ajfa-6021	54	7	motivation	motivation	NOUN
ajfa-6021	54	8	,	,	PUNCT
ajfa-6021	54	9	the	the	DET
ajfa-6021	54	10	research	research	NOUN
ajfa-6021	54	11	purposes	purpose	NOUN
ajfa-6021	54	12	of	of	ADP
ajfa-6021	54	13	this	this	DET
ajfa-6021	54	14	study	study	NOUN
ajfa-6021	54	15	are	be	AUX
ajfa-6021	54	16	as	as	SCONJ
ajfa-6021	54	17	follows	follow	VERB
ajfa-6021	54	18	:	:	PUNCT
ajfa-6021	54	19	(	(	PUNCT
ajfa-6021	54	20	a	a	X
ajfa-6021	54	21	)	)	PUNCT
ajfa-6021	54	22	to	to	PART
ajfa-6021	54	23	explore	explore	VERB
ajfa-6021	54	24	the	the	DET
ajfa-6021	54	25	relationship	relationship	NOUN
ajfa-6021	54	26	between	between	ADP
ajfa-6021	54	27	fund	fund	NOUN
ajfa-6021	54	28	inflows	inflow	NOUN
ajfa-6021	54	29	and	and	CCONJ
ajfa-6021	54	30	the	the	DET
ajfa-6021	54	31	relationship	relationship	NOUN
ajfa-6021	54	32	between	between	ADP
ajfa-6021	54	33	flow	flow	NOUN
ajfa-6021	54	34	-	-	PUNCT
ajfa-6021	54	35	return	return	NOUN
ajfa-6021	54	36	and	and	CCONJ
ajfa-6021	54	37	flow	flow	NOUN
ajfa-6021	54	38	-	-	PUNCT
ajfa-6021	54	39	fund	fund	NOUN
ajfa-6021	54	40	characteristics	characteristic	NOUN
ajfa-6021	54	41	relationship	relationship	NOUN
ajfa-6021	54	42	under	under	ADP
ajfa-6021	54	43	different	different	ADJ
ajfa-6021	54	44	fund	fund	NOUN
ajfa-6021	54	45	sizes	size	NOUN
ajfa-6021	54	46	;	;	PUNCT
ajfa-6021	54	47	(	(	PUNCT
ajfa-6021	54	48	b	b	X
ajfa-6021	54	49	)	)	PUNCT
ajfa-6021	54	50	to	to	PART
ajfa-6021	54	51	explore	explore	VERB
ajfa-6021	54	52	the	the	DET
ajfa-6021	54	53	relationship	relationship	NOUN
ajfa-6021	54	54	between	between	ADP
ajfa-6021	54	55	fund	fund	NOUN
ajfa-6021	54	56	outflows	outflow	NOUN
ajfa-6021	54	57	and	and	CCONJ
ajfa-6021	54	58	the	the	DET
ajfa-6021	54	59	relationship	relationship	NOUN
ajfa-6021	54	60	between	between	ADP
ajfa-6021	54	61	flow	flow	NOUN
ajfa-6021	54	62	-	-	PUNCT
ajfa-6021	54	63	return	return	NOUN
ajfa-6021	54	64	and	and	CCONJ
ajfa-6021	54	65	flow	flow	NOUN
ajfa-6021	54	66	-	-	PUNCT
ajfa-6021	54	67	fund	fund	NOUN
ajfa-6021	54	68	characteristics	characteristic	NOUN
ajfa-6021	54	69	relationship	relationship	NOUN
ajfa-6021	54	70	under	under	ADP
ajfa-6021	54	71	different	different	ADJ
ajfa-6021	54	72	fund	fund	NOUN
ajfa-6021	54	73	sizes	size	NOUN
ajfa-6021	54	74	.	.	PUNCT
ajfa-6021	55	1	3	3	X
ajfa-6021	55	2	.	.	X
ajfa-6021	55	3	methodology	methodology	NOUN
ajfa-6021	55	4	3.1	3.1	NUM
ajfa-6021	55	5	quantile	quantile	ADJ
ajfa-6021	55	6	regression	regression	NOUN
ajfa-6021	55	7	quantile	quantile	ADJ
ajfa-6021	55	8	regression	regression	NOUN
ajfa-6021	55	9	(	(	PUNCT
ajfa-6021	55	10	qr	qr	NOUN
ajfa-6021	55	11	)	)	PUNCT
ajfa-6021	55	12	is	be	AUX
ajfa-6021	55	13	a	a	DET
ajfa-6021	55	14	type	type	NOUN
ajfa-6021	55	15	of	of	ADP
ajfa-6021	55	16	regression	regression	NOUN
ajfa-6021	55	17	analysis	analysis	NOUN
ajfa-6021	55	18	used	use	VERB
ajfa-6021	55	19	in	in	ADP
ajfa-6021	55	20	econometrics	econometric	NOUN
ajfa-6021	55	21	.	.	PUNCT
ajfa-6021	56	1	whereas	whereas	SCONJ
ajfa-6021	56	2	the	the	DET
ajfa-6021	56	3	ordinary	ordinary	ADJ
ajfa-6021	56	4	least	least	ADJ
ajfa-6021	56	5	squares	square	NOUN
ajfa-6021	56	6	(	(	PUNCT
ajfa-6021	56	7	ols	ol	NOUN
ajfa-6021	56	8	)	)	PUNCT
ajfa-6021	56	9	results	result	NOUN
ajfa-6021	56	10	in	in	ADP
ajfa-6021	56	11	estimates	estimate	NOUN
ajfa-6021	56	12	that	that	PRON
ajfa-6021	56	13	approximate	approximate	VERB
ajfa-6021	56	14	the	the	DET
ajfa-6021	56	15	conditional	conditional	ADJ
ajfa-6021	56	16	mean	mean	NOUN
ajfa-6021	56	17	of	of	ADP
ajfa-6021	56	18	the	the	DET
ajfa-6021	56	19	response	response	NOUN
ajfa-6021	56	20	variable	variable	NOUN
ajfa-6021	56	21	given	give	VERB
ajfa-6021	56	22	certain	certain	ADJ
ajfa-6021	56	23	values	value	NOUN
ajfa-6021	56	24	of	of	ADP
ajfa-6021	56	25	the	the	DET
ajfa-6021	56	26	predictor	predictor	NOUN
ajfa-6021	56	27	variables	variable	NOUN
ajfa-6021	56	28	,	,	PUNCT
ajfa-6021	56	29	qr	qr	PROPN
ajfa-6021	56	30	aims	aim	VERB
ajfa-6021	56	31	at	at	ADP
ajfa-6021	56	32	estimating	estimate	VERB
ajfa-6021	56	33	either	either	CCONJ
ajfa-6021	56	34	the	the	DET
ajfa-6021	56	35	conditional	conditional	ADJ
ajfa-6021	56	36	median	median	NOUN
ajfa-6021	56	37	or	or	CCONJ
ajfa-6021	56	38	other	other	ADJ
ajfa-6021	56	39	quantiles	quantile	NOUN
ajfa-6021	56	40	of	of	ADP
ajfa-6021	56	41	the	the	DET
ajfa-6021	56	42	response	response	NOUN
ajfa-6021	56	43	variable	variable	NOUN
ajfa-6021	56	44	(	(	PUNCT
ajfa-6021	56	45	koenker	koenker	NOUN
ajfa-6021	56	46	and	and	CCONJ
ajfa-6021	56	47	bassett	bassett	PROPN
ajfa-6021	56	48	,	,	PUNCT
ajfa-6021	56	49	1978	1978	NUM
ajfa-6021	56	50	)	)	PUNCT
ajfa-6021	56	51	.	.	PUNCT
ajfa-6021	57	1	qr	qr	PROPN
ajfa-6021	57	2	is	be	AUX
ajfa-6021	57	3	also	also	ADV
ajfa-6021	57	4	known	know	VERB
ajfa-6021	57	5	as	as	ADP
ajfa-6021	57	6	percentile	percentile	ADJ
ajfa-6021	57	7	regression	regression	NOUN
ajfa-6021	57	8	because	because	SCONJ
ajfa-6021	57	9	it	it	PRON
ajfa-6021	57	10	can	can	AUX
ajfa-6021	57	11	be	be	AUX
ajfa-6021	57	12	used	use	VERB
ajfa-6021	57	13	to	to	PART
ajfa-6021	57	14	estimate	estimate	VERB
ajfa-6021	57	15	the	the	DET
ajfa-6021	57	16	percentile	percentile	NOUN
ajfa-6021	57	17	of	of	ADP
ajfa-6021	57	18	the	the	DET
ajfa-6021	57	19	independent	independent	ADJ
ajfa-6021	57	20	variable	variable	PROPN
ajfa-6021	57	21	y	y	PROPN
ajfa-6021	57	22	based	base	VERB
ajfa-6021	57	23	on	on	ADP
ajfa-6021	57	24	the	the	DET
ajfa-6021	57	25	dependent	dependent	ADJ
ajfa-6021	57	26	variable	variable	NOUN
ajfa-6021	57	27	x.	x.	NOUN
ajfa-6021	57	28	based	base	VERB
ajfa-6021	57	29	on	on	ADP
ajfa-6021	57	30	the	the	DET
ajfa-6021	57	31	given	give	VERB
ajfa-6021	57	32	percentiles	percentile	NOUN
ajfa-6021	57	33	,	,	PUNCT
ajfa-6021	57	34	the	the	DET
ajfa-6021	57	35	estimated	estimate	VERB
ajfa-6021	57	36	parameter	parameter	NOUN
ajfa-6021	57	37	values	value	NOUN
ajfa-6021	57	38	of	of	ADP
ajfa-6021	57	39	various	various	ADJ
ajfa-6021	57	40	groups	group	NOUN
ajfa-6021	57	41	can	can	AUX
ajfa-6021	57	42	be	be	AUX
ajfa-6021	57	43	obtained	obtain	VERB
ajfa-6021	57	44	.	.	PUNCT
ajfa-6021	58	1	asian	asian	ADJ
ajfa-6021	58	2	journal	journal	PROPN
ajfa-6021	58	3	of	of	ADP
ajfa-6021	58	4	finance	finance	PROPN
ajfa-6021	58	5	&	&	CCONJ
ajfa-6021	58	6	accounting	accounting	PROPN
ajfa-6021	58	7	issn	issn	PROPN
ajfa-6021	58	8	1946	1946	NUM
ajfa-6021	58	9	-	-	PUNCT
ajfa-6021	58	10	052x	052x	NOUN
ajfa-6021	58	11	2015	2015	NUM
ajfa-6021	58	12	,	,	PUNCT
ajfa-6021	58	13	vol	vol	NOUN
ajfa-6021	58	14	.	.	PROPN
ajfa-6021	58	15	7	7	NUM
ajfa-6021	58	16	,	,	PUNCT
ajfa-6021	58	17	no	no	INTJ
ajfa-6021	58	18	.	.	NOUN
ajfa-6021	58	19	1	1	NUM
ajfa-6021	58	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	58	21	5	5	NUM
ajfa-6021	58	22	the	the	DET
ajfa-6021	58	23	qr	qr	NOUN
ajfa-6021	58	24	estimates	estimate	NOUN
ajfa-6021	58	25	are	be	AUX
ajfa-6021	58	26	more	more	ADV
ajfa-6021	58	27	robust	robust	ADJ
ajfa-6021	58	28	against	against	ADP
ajfa-6021	58	29	outliers	outlier	NOUN
ajfa-6021	58	30	in	in	ADP
ajfa-6021	58	31	the	the	DET
ajfa-6021	58	32	response	response	NOUN
ajfa-6021	58	33	measurements	measurement	NOUN
ajfa-6021	58	34	.	.	PUNCT
ajfa-6021	59	1	however	however	ADV
ajfa-6021	59	2	,	,	PUNCT
ajfa-6021	59	3	the	the	DET
ajfa-6021	59	4	main	main	ADJ
ajfa-6021	59	5	attraction	attraction	NOUN
ajfa-6021	59	6	of	of	ADP
ajfa-6021	59	7	qr	qr	NOUN
ajfa-6021	59	8	goes	go	VERB
ajfa-6021	59	9	beyond	beyond	ADP
ajfa-6021	59	10	that	that	PRON
ajfa-6021	59	11	.	.	PUNCT
ajfa-6021	60	1	in	in	ADP
ajfa-6021	60	2	practice	practice	NOUN
ajfa-6021	60	3	we	we	PRON
ajfa-6021	60	4	often	often	ADV
ajfa-6021	60	5	prefer	prefer	VERB
ajfa-6021	60	6	using	use	VERB
ajfa-6021	60	7	different	different	ADJ
ajfa-6021	60	8	measures	measure	NOUN
ajfa-6021	60	9	of	of	ADP
ajfa-6021	60	10	central	central	ADJ
ajfa-6021	60	11	tendency	tendency	NOUN
ajfa-6021	60	12	and	and	CCONJ
ajfa-6021	60	13	statistical	statistical	ADJ
ajfa-6021	60	14	dispersion	dispersion	NOUN
ajfa-6021	60	15	to	to	PART
ajfa-6021	60	16	obtain	obtain	VERB
ajfa-6021	60	17	a	a	DET
ajfa-6021	60	18	more	more	ADV
ajfa-6021	60	19	comprehensive	comprehensive	ADJ
ajfa-6021	60	20	analysis	analysis	NOUN
ajfa-6021	60	21	of	of	ADP
ajfa-6021	60	22	the	the	DET
ajfa-6021	60	23	relationship	relationship	NOUN
ajfa-6021	60	24	between	between	ADP
ajfa-6021	60	25	variables	variable	NOUN
ajfa-6021	60	26	.	.	PUNCT
ajfa-6021	61	1	koenker	koenker	NOUN
ajfa-6021	61	2	and	and	CCONJ
ajfa-6021	61	3	bassett	bassett	PROPN
ajfa-6021	61	4	(	(	PUNCT
ajfa-6021	61	5	1982	1982	NUM
ajfa-6021	61	6	)	)	PUNCT
ajfa-6021	61	7	concluded	conclude	VERB
ajfa-6021	61	8	that	that	SCONJ
ajfa-6021	61	9	qr	qr	PROPN
ajfa-6021	61	10	possesses	possess	VERB
ajfa-6021	61	11	robustness	robustness	NOUN
ajfa-6021	61	12	because	because	SCONJ
ajfa-6021	61	13	under	under	ADP
ajfa-6021	61	14	given	give	VERB
ajfa-6021	61	15	regression	regression	NOUN
ajfa-6021	61	16	parameters	parameter	NOUN
ajfa-6021	61	17	,	,	PUNCT
ajfa-6021	61	18	the	the	DET
ajfa-6021	61	19	signs	sign	NOUN
ajfa-6021	61	20	of	of	ADP
ajfa-6021	61	21	the	the	DET
ajfa-6021	61	22	residuals	residual	NOUN
ajfa-6021	61	23	remain	remain	VERB
ajfa-6021	61	24	unchanged	unchanged	ADJ
ajfa-6021	61	25	during	during	ADP
ajfa-6021	61	26	estimation	estimation	NOUN
ajfa-6021	61	27	,	,	PUNCT
ajfa-6021	61	28	suppressing	suppress	VERB
ajfa-6021	61	29	the	the	DET
ajfa-6021	61	30	influence	influence	NOUN
ajfa-6021	61	31	on	on	ADP
ajfa-6021	61	32	estimated	estimate	VERB
ajfa-6021	61	33	values	value	NOUN
ajfa-6021	61	34	when	when	SCONJ
ajfa-6021	61	35	extrema	extrema	NOUN
ajfa-6021	61	36	occur	occur	VERB
ajfa-6021	61	37	in	in	ADP
ajfa-6021	61	38	the	the	DET
ajfa-6021	61	39	samples	sample	NOUN
ajfa-6021	61	40	.	.	PUNCT
ajfa-6021	62	1	lee	lee	PROPN
ajfa-6021	62	2	and	and	CCONJ
ajfa-6021	62	3	saltoglu	saltoglu	PROPN
ajfa-6021	62	4	(	(	PUNCT
ajfa-6021	62	5	2001	2001	NUM
ajfa-6021	62	6	)	)	PUNCT
ajfa-6021	62	7	considered	consider	VERB
ajfa-6021	62	8	the	the	DET
ajfa-6021	62	9	primary	primary	ADJ
ajfa-6021	62	10	advantage	advantage	NOUN
ajfa-6021	62	11	of	of	ADP
ajfa-6021	62	12	qr	qr	NOUN
ajfa-6021	62	13	to	to	PART
ajfa-6021	62	14	be	be	AUX
ajfa-6021	62	15	its	its	PRON
ajfa-6021	62	16	ability	ability	NOUN
ajfa-6021	62	17	to	to	PART
ajfa-6021	62	18	yield	yield	VERB
ajfa-6021	62	19	superior	superior	ADJ
ajfa-6021	62	20	statistics	statistic	NOUN
ajfa-6021	62	21	using	use	VERB
ajfa-6021	62	22	empirical	empirical	ADJ
ajfa-6021	62	23	quantiles	quantile	NOUN
ajfa-6021	62	24	.	.	PUNCT
ajfa-6021	63	1	the	the	DET
ajfa-6021	63	2	concept	concept	NOUN
ajfa-6021	63	3	of	of	ADP
ajfa-6021	63	4	qr	qr	PROPN
ajfa-6021	63	5	proposed	propose	VERB
ajfa-6021	63	6	by	by	ADP
ajfa-6021	63	7	koenker	koenker	NOUN
ajfa-6021	63	8	and	and	CCONJ
ajfa-6021	63	9	bassett	bassett	PROPN
ajfa-6021	63	10	(	(	PUNCT
ajfa-6021	63	11	1978	1978	NUM
ajfa-6021	63	12	)	)	PUNCT
ajfa-6021	63	13	was	be	AUX
ajfa-6021	63	14	based	base	VERB
ajfa-6021	63	15	on	on	ADP
ajfa-6021	63	16	least	least	ADJ
ajfa-6021	63	17	absolute	absolute	ADJ
ajfa-6021	63	18	deviation	deviation	NOUN
ajfa-6021	63	19	(	(	PUNCT
ajfa-6021	63	20	lad	lad	NOUN
ajfa-6021	63	21	)	)	PUNCT
ajfa-6021	63	22	.	.	PUNCT
ajfa-6021	64	1	an	an	DET
ajfa-6021	64	2	increasing	increase	VERB
ajfa-6021	64	3	number	number	NOUN
ajfa-6021	64	4	of	of	ADP
ajfa-6021	64	5	scholars	scholar	NOUN
ajfa-6021	64	6	have	have	AUX
ajfa-6021	64	7	recently	recently	ADV
ajfa-6021	64	8	adopted	adopt	VERB
ajfa-6021	64	9	qr	qr	NOUN
ajfa-6021	64	10	models	model	NOUN
ajfa-6021	64	11	to	to	PART
ajfa-6021	64	12	analyze	analyze	VERB
ajfa-6021	64	13	financial	financial	ADJ
ajfa-6021	64	14	data	datum	NOUN
ajfa-6021	64	15	.	.	PUNCT
ajfa-6021	65	1	chen	chen	PROPN
ajfa-6021	65	2	and	and	CCONJ
ajfa-6021	65	3	huang	huang	PROPN
ajfa-6021	65	4	(	(	PUNCT
ajfa-6021	65	5	2011	2011	NUM
ajfa-6021	65	6	)	)	PUNCT
ajfa-6021	65	7	used	use	VERB
ajfa-6021	65	8	qr	qr	PROPN
ajfa-6021	65	9	to	to	PART
ajfa-6021	65	10	examine	examine	VERB
ajfa-6021	65	11	the	the	DET
ajfa-6021	65	12	relationship	relationship	NOUN
ajfa-6021	65	13	between	between	ADP
ajfa-6021	65	14	fund	fund	NOUN
ajfa-6021	65	15	governance	governance	NOUN
ajfa-6021	65	16	and	and	CCONJ
ajfa-6021	65	17	performance	performance	NOUN
ajfa-6021	65	18	.	.	PUNCT
ajfa-6021	66	1	the	the	DET
ajfa-6021	66	2	explained	explain	VERB
ajfa-6021	66	3	variable	variable	NOUN
ajfa-6021	66	4	was	be	AUX
ajfa-6021	66	5	defined	define	VERB
ajfa-6021	66	6	as	as	ADP
ajfa-6021	66	7	,	,	PUNCT
ajfa-6021	66	8	which	which	PRON
ajfa-6021	66	9	can	can	AUX
ajfa-6021	66	10	include	include	VERB
ajfa-6021	66	11	fund	fund	NOUN
ajfa-6021	66	12	flow	flow	NOUN
ajfa-6021	66	13	,	,	PUNCT
ajfa-6021	66	14	inflow	inflow	NOUN
ajfa-6021	66	15	,	,	PUNCT
ajfa-6021	66	16	outflow	outflow	NOUN
ajfa-6021	66	17	,	,	PUNCT
ajfa-6021	66	18	and	and	CCONJ
ajfa-6021	66	19	fund	fund	NOUN
ajfa-6021	66	20	performance	performance	NOUN
ajfa-6021	66	21	,	,	PUNCT
ajfa-6021	66	22	was	be	AUX
ajfa-6021	66	23	defined	define	VERB
ajfa-6021	66	24	as	as	ADP
ajfa-6021	66	25	the	the	DET
ajfa-6021	66	26	vectors	vector	NOUN
ajfa-6021	66	27	of	of	ADP
ajfa-6021	66	28	the	the	DET
ajfa-6021	66	29	explanatory	explanatory	ADJ
ajfa-6021	66	30	variables	variable	NOUN
ajfa-6021	66	31	,	,	PUNCT
ajfa-6021	66	32	and	and	CCONJ
ajfa-6021	66	33	t	t	PROPN
ajfa-6021	66	34	was	be	AUX
ajfa-6021	66	35	defined	define	VERB
ajfa-6021	66	36	as	as	ADP
ajfa-6021	66	37	the	the	DET
ajfa-6021	66	38	number	number	NOUN
ajfa-6021	66	39	of	of	ADP
ajfa-6021	66	40	sample	sample	NOUN
ajfa-6021	66	41	observations	observation	NOUN
ajfa-6021	66	42	(	(	PUNCT
ajfa-6021	66	43	kuan	kuan	PROPN
ajfa-6021	66	44	,	,	PUNCT
ajfa-6021	66	45	2003	2003	NUM
ajfa-6021	66	46	)	)	PUNCT
ajfa-6021	66	47	.	.	PUNCT
ajfa-6021	67	1	in	in	ADP
ajfa-6021	67	2	a	a	DET
ajfa-6021	67	3	linear	linear	ADJ
ajfa-6021	67	4	model	model	NOUN
ajfa-6021	67	5	for	for	ADP
ajfa-6021	67	6	a	a	DET
ajfa-6021	67	7	given	give	VERB
ajfa-6021	67	8	weight	weight	NOUN
ajfa-6021	67	9	of	of	ADP
ajfa-6021	67	10	(	(	PUNCT
ajfa-6021	67	11	0	0	X
ajfa-6021	67	12	<	<	X
ajfa-6021	67	13	<	<	X
ajfa-6021	67	14	1	1	NUM
ajfa-6021	67	15	)	)	PUNCT
ajfa-6021	67	16	,	,	PUNCT
ajfa-6021	67	17	the	the	DET
ajfa-6021	67	18	objective	objective	ADJ
ajfa-6021	67	19	function	function	NOUN
ajfa-6021	67	20	of	of	ADP
ajfa-6021	67	21	the	the	DET
ajfa-6021	67	22	th	th	PROPN
ajfa-6021	67	23	quantile	quantile	ADJ
ajfa-6021	67	24	regression	regression	NOUN
ajfa-6021	67	25	is	be	AUX
ajfa-6021	67	26	estimated	estimate	VERB
ajfa-6021	67	27	to	to	PART
ajfa-6021	67	28	be	be	AUX
ajfa-6021	67	29	the	the	DET
ajfa-6021	67	30	weighted	weight	VERB
ajfa-6021	67	31	average	average	ADJ
ajfa-6021	67	32	absolute	absolute	ADJ
ajfa-6021	67	33	error	error	NOUN
ajfa-6021	67	34	.	.	PUNCT
ajfa-6021	68	1	;	;	PUNCT
ajfa-6021	68	2	=	=	PUNCT
ajfa-6021	68	3	∑	∑	PUNCT
ajfa-6021	68	4	−	−	PROPN
ajfa-6021	69	1	′	′	NUM
ajfa-6021	70	1	+	+	CCONJ
ajfa-6021	70	2	1	1	NUM
ajfa-6021	70	3	−	−	NOUN
ajfa-6021	70	4	∑	∑	NOUN
ajfa-6021	70	5	−	−	PROPN
ajfa-6021	70	6	′	′	NUM
ajfa-6021	70	7	:	:	PUNCT
ajfa-6021	70	8	′	′	NUM
ajfa-6021	70	9	:	:	PUNCT
ajfa-6021	71	1	′	′	NOUN
ajfa-6021	71	2	.when	.when	X
ajfa-6021	71	3	is	be	AUX
ajfa-6021	71	4	smaller	small	ADJ
ajfa-6021	71	5	(	(	PUNCT
ajfa-6021	71	6	greater	great	ADJ
ajfa-6021	71	7	)	)	PUNCT
ajfa-6021	71	8	than	than	ADP
ajfa-6021	71	9	0.5	0.5	NUM
ajfa-6021	71	10	,	,	PUNCT
ajfa-6021	71	11	the	the	DET
ajfa-6021	71	12	weight	weight	NOUN
ajfa-6021	71	13	of	of	ADP
ajfa-6021	71	14	the	the	DET
ajfa-6021	71	15	positive	positive	ADJ
ajfa-6021	71	16	error	error	NOUN
ajfa-6021	71	17	of	of	ADP
ajfa-6021	71	18	the	the	DET
ajfa-6021	71	19	objective	objective	ADJ
ajfa-6021	71	20	function	function	NOUN
ajfa-6021	71	21	is	be	AUX
ajfa-6021	71	22	smaller	small	ADJ
ajfa-6021	71	23	(	(	PUNCT
ajfa-6021	71	24	greater	great	ADJ
ajfa-6021	71	25	)	)	PUNCT
ajfa-6021	71	26	,	,	PUNCT
ajfa-6021	71	27	whereas	whereas	SCONJ
ajfa-6021	71	28	that	that	PRON
ajfa-6021	71	29	of	of	ADP
ajfa-6021	71	30	the	the	DET
ajfa-6021	71	31	negative	negative	ADJ
ajfa-6021	71	32	error	error	NOUN
ajfa-6021	71	33	is	be	AUX
ajfa-6021	71	34	comparatively	comparatively	ADV
ajfa-6021	71	35	greater	great	ADJ
ajfa-6021	71	36	(	(	PUNCT
ajfa-6021	71	37	smaller	small	ADJ
ajfa-6021	71	38	)	)	PUNCT
ajfa-6021	71	39	.	.	PUNCT
ajfa-6021	72	1	therefore	therefore	ADV
ajfa-6021	72	2	,	,	PUNCT
ajfa-6021	72	3	this	this	DET
ajfa-6021	72	4	quantile	quantile	NOUN
ajfa-6021	72	5	is	be	AUX
ajfa-6021	72	6	located	locate	VERB
ajfa-6021	72	7	in	in	ADP
ajfa-6021	72	8	the	the	DET
ajfa-6021	72	9	left	left	ADJ
ajfa-6021	72	10	(	(	PUNCT
ajfa-6021	72	11	right	right	ADJ
ajfa-6021	72	12	)	)	PUNCT
ajfa-6021	72	13	portion	portion	NOUN
ajfa-6021	72	14	of	of	ADP
ajfa-6021	72	15	the	the	DET
ajfa-6021	72	16	distribution	distribution	NOUN
ajfa-6021	72	17	.	.	PUNCT
ajfa-6021	73	1	when	when	SCONJ
ajfa-6021	73	2	=	=	PROPN
ajfa-6021	73	3	0.5	0.5	NUM
ajfa-6021	73	4	,	,	PUNCT
ajfa-6021	73	5	the	the	DET
ajfa-6021	73	6	weights	weight	NOUN
ajfa-6021	73	7	of	of	ADP
ajfa-6021	73	8	the	the	DET
ajfa-6021	73	9	positive	positive	ADJ
ajfa-6021	73	10	and	and	CCONJ
ajfa-6021	73	11	negative	negative	ADJ
ajfa-6021	73	12	errors	error	NOUN
ajfa-6021	73	13	are	be	AUX
ajfa-6021	73	14	equal	equal	ADJ
ajfa-6021	73	15	.	.	PUNCT
ajfa-6021	74	1	consequently	consequently	ADV
ajfa-6021	74	2	,	,	PUNCT
ajfa-6021	74	3	the	the	DET
ajfa-6021	74	4	equation	equation	NOUN
ajfa-6021	74	5	is	be	AUX
ajfa-6021	74	6	essentially	essentially	ADV
ajfa-6021	74	7	identical	identical	ADJ
ajfa-6021	74	8	to	to	ADP
ajfa-6021	74	9	the	the	DET
ajfa-6021	74	10	objective	objective	ADJ
ajfa-6021	74	11	function	function	NOUN
ajfa-6021	74	12	of	of	ADP
ajfa-6021	74	13	the	the	DET
ajfa-6021	74	14	least	least	ADV
ajfa-6021	74	15	absolute	absolute	ADJ
ajfa-6021	74	16	error	error	NOUN
ajfa-6021	74	17	method	method	NOUN
ajfa-6021	74	18	,	,	PUNCT
ajfa-6021	74	19	and	and	CCONJ
ajfa-6021	74	20	the	the	DET
ajfa-6021	74	21	estimated	estimate	VERB
ajfa-6021	74	22	regression	regression	NOUN
ajfa-6021	74	23	model	model	NOUN
ajfa-6021	74	24	is	be	AUX
ajfa-6021	74	25	a	a	DET
ajfa-6021	74	26	0.5	0.5	NUM
ajfa-6021	74	27	quantile	quantile	NOUN
ajfa-6021	74	28	(	(	PUNCT
ajfa-6021	74	29	i.e.	i.e.	X
ajfa-6021	74	30	,	,	PUNCT
ajfa-6021	74	31	median	median	ADJ
ajfa-6021	74	32	)	)	PUNCT
ajfa-6021	74	33	regression	regression	NOUN
ajfa-6021	74	34	.	.	PUNCT
ajfa-6021	75	1	the	the	DET
ajfa-6021	75	2	first	first	ADJ
ajfa-6021	75	3	-	-	PUNCT
ajfa-6021	75	4	order	order	NOUN
ajfa-6021	75	5	condition	condition	NOUN
ajfa-6021	75	6	for	for	ADP
ajfa-6021	75	7	minimizing	minimize	VERB
ajfa-6021	75	8	(	(	PUNCT
ajfa-6021	75	9	1	1	NUM
ajfa-6021	75	10	)	)	PUNCT
ajfa-6021	75	11	is	be	AUX
ajfa-6021	75	12	∑	∑	PROPN
ajfa-6021	75	13	−	−	PROPN
ajfa-6021	75	14	1	1	NUM
ajfa-6021	75	15	′	′	NUM
ajfa-6021	75	16	=	=	NOUN
ajfa-6021	75	17	0	0	X
ajfa-6021	75	18	.	.	PUNCT
ajfa-6021	76	1	where	where	SCONJ
ajfa-6021	76	2	is	be	AUX
ajfa-6021	76	3	the	the	DET
ajfa-6021	76	4	indicator	indicator	NOUN
ajfa-6021	76	5	function	function	NOUN
ajfa-6021	76	6	for	for	ADP
ajfa-6021	76	7	incident	incident	NOUN
ajfa-6021	76	8	a	a	PRON
ajfa-6021	76	9	,	,	PUNCT
ajfa-6021	76	10	and	and	CCONJ
ajfa-6021	76	11	the	the	DET
ajfa-6021	76	12	optimal	optimal	ADJ
ajfa-6021	76	13	solution	solution	NOUN
ajfa-6021	76	14	is	be	AUX
ajfa-6021	76	15	the	the	DET
ajfa-6021	76	16	function	function	NOUN
ajfa-6021	76	17	of	of	ADP
ajfa-6021	76	18	the	the	DET
ajfa-6021	76	19	th	th	X
ajfa-6021	76	20	quantile	quantile	ADJ
ajfa-6021	76	21	regression	regression	NOUN
ajfa-6021	76	22	in	in	ADP
ajfa-6021	76	23	the	the	DET
ajfa-6021	76	24	distribution	distribution	NOUN
ajfa-6021	76	25	under	under	ADP
ajfa-6021	76	26	condition	condition	NOUN
ajfa-6021	76	27	.	.	PUNCT
ajfa-6021	77	1	3.2	3.2	NUM
ajfa-6021	77	2	sample	sample	NOUN
ajfa-6021	77	3	description	description	NOUN
ajfa-6021	77	4	we	we	PRON
ajfa-6021	77	5	use	use	VERB
ajfa-6021	77	6	the	the	DET
ajfa-6021	77	7	database	database	NOUN
ajfa-6021	77	8	for	for	ADP
ajfa-6021	77	9	tej	tej	NOUN
ajfa-6021	77	10	and	and	CCONJ
ajfa-6021	77	11	life	life	NOUN
ajfa-6021	77	12	insurance	insurance	NOUN
ajfa-6021	77	13	companies	company	NOUN
ajfa-6021	77	14	in	in	ADP
ajfa-6021	77	15	taiwan	taiwan	PROPN
ajfa-6021	77	16	.	.	PUNCT
ajfa-6021	78	1	the	the	DET
ajfa-6021	78	2	research	research	NOUN
ajfa-6021	78	3	period	period	NOUN
ajfa-6021	78	4	was	be	AUX
ajfa-6021	78	5	from	from	ADP
ajfa-6021	78	6	january	january	PROPN
ajfa-6021	78	7	1	1	NUM
ajfa-6021	78	8	,	,	PUNCT
ajfa-6021	78	9	2001	2001	NUM
ajfa-6021	78	10	to	to	ADP
ajfa-6021	78	11	december	december	PROPN
ajfa-6021	78	12	31	31	NUM
ajfa-6021	78	13	,	,	PUNCT
ajfa-6021	78	14	2012	2012	NUM
ajfa-6021	78	15	.	.	PUNCT
ajfa-6021	79	1	the	the	DET
ajfa-6021	79	2	data	datum	NOUN
ajfa-6021	79	3	frequency	frequency	NOUN
ajfa-6021	79	4	is	be	AUX
ajfa-6021	79	5	monthly	monthly	ADJ
ajfa-6021	79	6	data	datum	NOUN
ajfa-6021	79	7	.	.	PUNCT
ajfa-6021	80	1	the	the	DET
ajfa-6021	80	2	sample	sample	NOUN
ajfa-6021	80	3	contained	contain	VERB
ajfa-6021	80	4	143	143	NUM
ajfa-6021	80	5	months	month	NOUN
ajfa-6021	80	6	-	-	PUNCT
ajfa-6021	80	7	worth	worth	NOUN
ajfa-6021	80	8	of	of	ADP
ajfa-6021	80	9	data	datum	NOUN
ajfa-6021	80	10	.	.	PUNCT
ajfa-6021	81	1	the	the	DET
ajfa-6021	81	2	variables	variable	NOUN
ajfa-6021	81	3	are	be	AUX
ajfa-6021	81	4	the	the	DET
ajfa-6021	81	5	names	name	NOUN
ajfa-6021	81	6	,	,	PUNCT
ajfa-6021	81	7	fund	fund	NOUN
ajfa-6021	81	8	sizes	size	NOUN
ajfa-6021	81	9	,	,	PUNCT
ajfa-6021	81	10	jensen	jensen	PROPN
ajfa-6021	81	11	’s	’s	PART
ajfa-6021	81	12	alphas	alpha	NOUN
ajfa-6021	81	13	,	,	PUNCT
ajfa-6021	81	14	fund	fund	NOUN
ajfa-6021	81	15	turnover	turnover	NOUN
ajfa-6021	81	16	rates	rate	NOUN
ajfa-6021	81	17	,	,	PUNCT
ajfa-6021	81	18	fund	fund	NOUN
ajfa-6021	81	19	risks	risk	NOUN
ajfa-6021	81	20	,	,	PUNCT
ajfa-6021	81	21	and	and	CCONJ
ajfa-6021	81	22	fund	fund	NOUN
ajfa-6021	81	23	expense	expense	NOUN
ajfa-6021	81	24	ratios	ratio	NOUN
ajfa-6021	81	25	for	for	ADP
ajfa-6021	81	26	all	all	PRON
ajfa-6021	81	27	of	of	ADP
ajfa-6021	81	28	the	the	DET
ajfa-6021	81	29	domestic	domestic	ADJ
ajfa-6021	81	30	equity	equity	NOUN
ajfa-6021	81	31	funds	fund	NOUN
ajfa-6021	81	32	in	in	ADP
ajfa-6021	81	33	taiwan	taiwan	PROPN
ajfa-6021	81	34	.	.	PUNCT
ajfa-6021	82	1	asian	asian	ADJ
ajfa-6021	82	2	journal	journal	PROPN
ajfa-6021	82	3	of	of	ADP
ajfa-6021	82	4	finance	finance	PROPN
ajfa-6021	82	5	&	&	CCONJ
ajfa-6021	82	6	accounting	accounting	PROPN
ajfa-6021	82	7	issn	issn	PROPN
ajfa-6021	82	8	1946	1946	NUM
ajfa-6021	82	9	-	-	PUNCT
ajfa-6021	82	10	052x	052x	NOUN
ajfa-6021	82	11	2015	2015	NUM
ajfa-6021	82	12	,	,	PUNCT
ajfa-6021	82	13	vol	vol	NOUN
ajfa-6021	82	14	.	.	PROPN
ajfa-6021	82	15	7	7	NUM
ajfa-6021	82	16	,	,	PUNCT
ajfa-6021	82	17	no	no	INTJ
ajfa-6021	82	18	.	.	NOUN
ajfa-6021	82	19	1	1	NUM
ajfa-6021	82	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	82	21	6	6	NUM
ajfa-6021	82	22	4	4	NUM
ajfa-6021	82	23	.	.	PUNCT
ajfa-6021	82	24	results	result	VERB
ajfa-6021	82	25	4.1	4.1	NUM
ajfa-6021	82	26	descriptive	descriptive	ADJ
ajfa-6021	82	27	statistics	statistic	NOUN
ajfa-6021	82	28	table	table	NOUN
ajfa-6021	82	29	1	1	NUM
ajfa-6021	82	30	indicates	indicate	VERB
ajfa-6021	82	31	that	that	SCONJ
ajfa-6021	82	32	fund	fund	NOUN
ajfa-6021	82	33	sizes	size	NOUN
ajfa-6021	82	34	shrank	shrink	VERB
ajfa-6021	82	35	after	after	ADP
ajfa-6021	82	36	2008	2008	NUM
ajfa-6021	82	37	.	.	PUNCT
ajfa-6021	83	1	although	although	SCONJ
ajfa-6021	83	2	the	the	DET
ajfa-6021	83	3	number	number	NOUN
ajfa-6021	83	4	of	of	ADP
ajfa-6021	83	5	funds	fund	NOUN
ajfa-6021	83	6	without	without	ADP
ajfa-6021	83	7	investment	investment	NOUN
ajfa-6021	83	8	-	-	PUNCT
ajfa-6021	83	9	linked	link	VERB
ajfa-6021	83	10	insurance	insurance	NOUN
ajfa-6021	83	11	policies	policy	NOUN
ajfa-6021	83	12	decreased	decrease	VERB
ajfa-6021	83	13	,	,	PUNCT
ajfa-6021	83	14	their	their	PRON
ajfa-6021	83	15	scale	scale	NOUN
ajfa-6021	83	16	increased	increase	VERB
ajfa-6021	83	17	substantially	substantially	ADV
ajfa-6021	83	18	.	.	PUNCT
ajfa-6021	84	1	despite	despite	SCONJ
ajfa-6021	84	2	the	the	DET
ajfa-6021	84	3	financial	financial	ADJ
ajfa-6021	84	4	tsunami	tsunami	NOUN
ajfa-6021	84	5	,	,	PUNCT
ajfa-6021	84	6	they	they	PRON
ajfa-6021	84	7	did	do	AUX
ajfa-6021	84	8	not	not	PART
ajfa-6021	84	9	shrink	shrink	VERB
ajfa-6021	84	10	substantially	substantially	ADV
ajfa-6021	84	11	.	.	PUNCT
ajfa-6021	85	1	table1	table1	PROPN
ajfa-6021	85	2	.	.	PUNCT
ajfa-6021	86	1	descriptive	descriptive	ADJ
ajfa-6021	86	2	statistics	statistic	NOUN
ajfa-6021	86	3	for	for	ADP
ajfa-6021	86	4	fund	fund	NOUN
ajfa-6021	86	5	size	size	NOUN
ajfa-6021	86	6	year	year	NOUN
ajfa-6021	86	7	2001	2001	NUM
ajfa-6021	86	8	2002	2002	NUM
ajfa-6021	86	9	2003	2003	NUM
ajfa-6021	86	10	2004	2004	NUM
ajfa-6021	86	11	2005	2005	NUM
ajfa-6021	86	12	2006	2006	NUM
ajfa-6021	86	13	2007	2007	NUM
ajfa-6021	86	14	2008	2008	NUM
ajfa-6021	86	15	2009	2009	NUM
ajfa-6021	86	16	2010	2010	NUM
ajfa-6021	86	17	2011	2011	NUM
ajfa-6021	86	18	2012	2012	NUM
ajfa-6021	86	19	a	a	DET
ajfa-6021	86	20	1323.41	1323.41	NUM
ajfa-6021	86	21	1432.28	1432.28	NUM
ajfa-6021	86	22	1316.82	1316.82	NUM
ajfa-6021	86	23	1466.73	1466.73	NUM
ajfa-6021	86	24	1500.6	1500.6	NUM
ajfa-6021	86	25	1607.94	1607.94	NUM
ajfa-6021	86	26	2439	2439	NUM
ajfa-6021	86	27	2377.38	2377.38	NUM
ajfa-6021	86	28	2114.04	2114.04	NUM
ajfa-6021	86	29	2139.56	2139.56	NUM
ajfa-6021	86	30	2056.55	2056.55	NUM
ajfa-6021	86	31	1886.14	1886.14	NUM
ajfa-6021	86	32	b	b	SYM
ajfa-6021	86	33	1504.22	1504.22	NUM
ajfa-6021	86	34	1548.52	1548.52	NUM
ajfa-6021	86	35	1405.31	1405.31	NUM
ajfa-6021	86	36	1480.94	1480.94	NUM
ajfa-6021	86	37	1409.47	1409.47	NUM
ajfa-6021	86	38	1485.93	1485.93	NUM
ajfa-6021	86	39	2319.49	2319.49	NUM
ajfa-6021	86	40	2253.63	2253.63	NUM
ajfa-6021	86	41	1985.33	1985.33	NUM
ajfa-6021	86	42	2003.02	2003.02	NUM
ajfa-6021	86	43	1794.72	1794.72	NUM
ajfa-6021	86	44	1619.77	1619.77	NUM
ajfa-6021	86	45	c	c	NOUN
ajfa-6021	87	1	460.01	460.01	NUM
ajfa-6021	87	2	639.24	639.24	NUM
ajfa-6021	87	3	655.39	655.39	NUM
ajfa-6021	87	4	1369.53	1369.53	NUM
ajfa-6021	87	5	2335.04	2335.04	NUM
ajfa-6021	87	6	4151.1	4151.1	NUM
ajfa-6021	87	7	6091.45	6091.45	NUM
ajfa-6021	87	8	5531.89	5531.89	NUM
ajfa-6021	87	9	4143.24	4143.24	NUM
ajfa-6021	87	10	4251.04	4251.04	NUM
ajfa-6021	87	11	6206.27	6206.27	NUM
ajfa-6021	87	12	6486.85	6486.85	NUM
ajfa-6021	87	13	note	note	NOUN
ajfa-6021	87	14	:	:	PUNCT
ajfa-6021	87	15	we	we	PRON
ajfa-6021	87	16	obtained	obtain	VERB
ajfa-6021	87	17	our	our	PRON
ajfa-6021	87	18	samples	sample	NOUN
ajfa-6021	87	19	from	from	ADP
ajfa-6021	87	20	the	the	DET
ajfa-6021	87	21	tej	tej	NOUN
ajfa-6021	87	22	database	database	NOUN
ajfa-6021	87	23	.	.	PUNCT
ajfa-6021	88	1	the	the	DET
ajfa-6021	88	2	sample	sample	NOUN
ajfa-6021	88	3	data	datum	NOUN
ajfa-6021	88	4	were	be	AUX
ajfa-6021	88	5	from	from	ADP
ajfa-6021	88	6	january	january	PROPN
ajfa-6021	88	7	1	1	NUM
ajfa-6021	88	8	,	,	PUNCT
ajfa-6021	88	9	2001	2001	NUM
ajfa-6021	88	10	to	to	ADP
ajfa-6021	88	11	december	december	PROPN
ajfa-6021	88	12	31	31	NUM
ajfa-6021	88	13	,	,	PUNCT
ajfa-6021	88	14	2012	2012	NUM
ajfa-6021	88	15	.	.	PUNCT
ajfa-6021	89	1	group	group	PROPN
ajfa-6021	89	2	a	a	DET
ajfa-6021	89	3	comprised	comprise	VERB
ajfa-6021	89	4	overall	overall	ADJ
ajfa-6021	89	5	domestic	domestic	ADJ
ajfa-6021	89	6	stock	stock	NOUN
ajfa-6021	89	7	fund	fund	NOUN
ajfa-6021	89	8	investors	investor	NOUN
ajfa-6021	89	9	,	,	PUNCT
ajfa-6021	89	10	group	group	PROPN
ajfa-6021	89	11	b	b	PROPN
ajfa-6021	89	12	comprised	comprise	VERB
ajfa-6021	89	13	insured	insured	ADJ
ajfa-6021	89	14	investors	investor	NOUN
ajfa-6021	89	15	,	,	PUNCT
ajfa-6021	89	16	and	and	CCONJ
ajfa-6021	89	17	group	group	NOUN
ajfa-6021	89	18	c	c	PROPN
ajfa-6021	89	19	comprised	comprise	VERB
ajfa-6021	89	20	noninsured	noninsure	VERB
ajfa-6021	89	21	investors	investor	NOUN
ajfa-6021	89	22	.	.	PUNCT
ajfa-6021	90	1	variable	variable	ADJ
ajfa-6021	90	2	definition	definition	NOUN
ajfa-6021	90	3	:	:	PUNCT
ajfa-6021	90	4	fund	fund	NOUN
ajfa-6021	90	5	size	size	NOUN
ajfa-6021	90	6	is	be	AUX
ajfa-6021	90	7	the	the	DET
ajfa-6021	90	8	net	net	ADJ
ajfa-6021	90	9	asset	asset	NOUN
ajfa-6021	90	10	value	value	NOUN
ajfa-6021	90	11	per	per	ADP
ajfa-6021	90	12	month	month	NOUN
ajfa-6021	90	13	during	during	ADP
ajfa-6021	90	14	the	the	DET
ajfa-6021	90	15	study	study	NOUN
ajfa-6021	90	16	period	period	NOUN
ajfa-6021	90	17	,	,	PUNCT
ajfa-6021	90	18	we	we	PRON
ajfa-6021	90	19	get	get	VERB
ajfa-6021	90	20	the	the	DET
ajfa-6021	90	21	log	log	NOUN
ajfa-6021	90	22	value	value	NOUN
ajfa-6021	90	23	of	of	ADP
ajfa-6021	90	24	net	net	ADJ
ajfa-6021	90	25	asset	asset	NOUN
ajfa-6021	90	26	value	value	NOUN
ajfa-6021	90	27	for	for	ADP
ajfa-6021	90	28	mutual	mutual	ADJ
ajfa-6021	90	29	fund	fund	NOUN
ajfa-6021	90	30	.	.	PUNCT
ajfa-6021	91	1	the	the	DET
ajfa-6021	91	2	unit	unit	NOUN
ajfa-6021	91	3	is	be	AUX
ajfa-6021	91	4	million	million	NUM
ajfa-6021	91	5	.	.	PUNCT
ajfa-6021	92	1	4.2	4.2	NUM
ajfa-6021	92	2	statistical	statistical	ADJ
ajfa-6021	92	3	analysis	analysis	NOUN
ajfa-6021	92	4	to	to	PART
ajfa-6021	92	5	analyze	analyze	VERB
ajfa-6021	92	6	the	the	DET
ajfa-6021	92	7	influence	influence	NOUN
ajfa-6021	92	8	of	of	ADP
ajfa-6021	92	9	various	various	ADJ
ajfa-6021	92	10	fund	fund	NOUN
ajfa-6021	92	11	sizes	size	NOUN
ajfa-6021	92	12	on	on	ADP
ajfa-6021	92	13	flow	flow	NOUN
ajfa-6021	92	14	and	and	CCONJ
ajfa-6021	92	15	performance	performance	NOUN
ajfa-6021	92	16	,	,	PUNCT
ajfa-6021	92	17	we	we	PRON
ajfa-6021	92	18	separately	separately	ADV
ajfa-6021	92	19	performed	perform	VERB
ajfa-6021	92	20	quantile	quantile	ADJ
ajfa-6021	92	21	regression	regression	NOUN
ajfa-6021	92	22	analysis	analysis	NOUN
ajfa-6021	92	23	on	on	ADP
ajfa-6021	92	24	the	the	DET
ajfa-6021	92	25	large	large	ADJ
ajfa-6021	92	26	-	-	PUNCT
ajfa-6021	92	27	scale	scale	NOUN
ajfa-6021	92	28	and	and	CCONJ
ajfa-6021	92	29	small	small	ADJ
ajfa-6021	92	30	-	-	PUNCT
ajfa-6021	92	31	scale	scale	NOUN
ajfa-6021	92	32	funds	fund	NOUN
ajfa-6021	92	33	.	.	PUNCT
ajfa-6021	93	1	fund	fund	NOUN
ajfa-6021	93	2	scale	scale	NOUN
ajfa-6021	93	3	is	be	AUX
ajfa-6021	93	4	a	a	DET
ajfa-6021	93	5	common	common	ADJ
ajfa-6021	93	6	research	research	NOUN
ajfa-6021	93	7	topic	topic	NOUN
ajfa-6021	93	8	.	.	PUNCT
ajfa-6021	94	1	zheng	zheng	PROPN
ajfa-6021	94	2	(	(	PUNCT
ajfa-6021	94	3	1999	1999	NUM
ajfa-6021	94	4	)	)	PUNCT
ajfa-6021	94	5	indicated	indicate	VERB
ajfa-6021	94	6	that	that	SCONJ
ajfa-6021	94	7	small	small	ADJ
ajfa-6021	94	8	-	-	PUNCT
ajfa-6021	94	9	scale	scale	NOUN
ajfa-6021	94	10	funds	fund	NOUN
ajfa-6021	94	11	that	that	PRON
ajfa-6021	94	12	use	use	VERB
ajfa-6021	94	13	flow	flow	NOUN
ajfa-6021	94	14	information	information	NOUN
ajfa-6021	94	15	have	have	VERB
ajfa-6021	94	16	the	the	DET
ajfa-6021	94	17	chance	chance	NOUN
ajfa-6021	94	18	to	to	PART
ajfa-6021	94	19	achieve	achieve	VERB
ajfa-6021	94	20	positive	positive	ADJ
ajfa-6021	94	21	excess	excess	ADJ
ajfa-6021	94	22	returns	return	NOUN
ajfa-6021	94	23	.	.	PUNCT
ajfa-6021	95	1	pollet	pollet	NOUN
ajfa-6021	95	2	and	and	CCONJ
ajfa-6021	95	3	wilson	wilson	PROPN
ajfa-6021	95	4	(	(	PUNCT
ajfa-6021	95	5	2008	2008	NUM
ajfa-6021	95	6	)	)	PUNCT
ajfa-6021	95	7	indicated	indicate	VERB
ajfa-6021	95	8	that	that	SCONJ
ajfa-6021	95	9	small	small	ADJ
ajfa-6021	95	10	-	-	PUNCT
ajfa-6021	95	11	scale	scale	NOUN
ajfa-6021	95	12	funds	fund	NOUN
ajfa-6021	95	13	are	be	AUX
ajfa-6021	95	14	more	more	ADV
ajfa-6021	95	15	likely	likely	ADJ
ajfa-6021	95	16	to	to	PART
ajfa-6021	95	17	achieve	achieve	VERB
ajfa-6021	95	18	excess	excess	ADJ
ajfa-6021	95	19	returns	return	NOUN
ajfa-6021	95	20	than	than	SCONJ
ajfa-6021	95	21	large	large	ADJ
ajfa-6021	95	22	-	-	PUNCT
ajfa-6021	95	23	scale	scale	NOUN
ajfa-6021	95	24	funds	fund	NOUN
ajfa-6021	95	25	are	be	AUX
ajfa-6021	95	26	.	.	PUNCT
ajfa-6021	96	1	in	in	ADP
ajfa-6021	96	2	this	this	DET
ajfa-6021	96	3	study	study	NOUN
ajfa-6021	96	4	,	,	PUNCT
ajfa-6021	96	5	we	we	PRON
ajfa-6021	96	6	used	use	VERB
ajfa-6021	96	7	a	a	DET
ajfa-6021	96	8	quantile	quantile	ADJ
ajfa-6021	96	9	regression	regression	NOUN
ajfa-6021	96	10	model	model	NOUN
ajfa-6021	96	11	to	to	PART
ajfa-6021	96	12	cut	cut	VERB
ajfa-6021	96	13	fund	fund	NOUN
ajfa-6021	96	14	flows	flow	NOUN
ajfa-6021	96	15	into	into	ADP
ajfa-6021	96	16	10	10	NUM
ajfa-6021	96	17	equal	equal	ADJ
ajfa-6021	96	18	quantiles	quantile	NOUN
ajfa-6021	96	19	and	and	CCONJ
ajfa-6021	96	20	observed	observe	VERB
ajfa-6021	96	21	the	the	DET
ajfa-6021	96	22	relationships	relationship	NOUN
ajfa-6021	96	23	between	between	ADP
ajfa-6021	96	24	quantiles	quantile	NOUN
ajfa-6021	96	25	,	,	PUNCT
ajfa-6021	96	26	subscriptions	subscription	NOUN
ajfa-6021	96	27	,	,	PUNCT
ajfa-6021	96	28	redemptions	redemption	NOUN
ajfa-6021	96	29	,	,	PUNCT
ajfa-6021	96	30	and	and	CCONJ
ajfa-6021	96	31	other	other	ADJ
ajfa-6021	96	32	fund	fund	NOUN
ajfa-6021	96	33	characteristics	characteristic	NOUN
ajfa-6021	96	34	.	.	PUNCT
ajfa-6021	97	1	tables	table	NOUN
ajfa-6021	97	2	2	2	NUM
ajfa-6021	97	3	and	and	CCONJ
ajfa-6021	97	4	3	3	NUM
ajfa-6021	97	5	show	show	VERB
ajfa-6021	97	6	the	the	DET
ajfa-6021	97	7	relationships	relationship	NOUN
ajfa-6021	97	8	between	between	ADP
ajfa-6021	97	9	flows	flow	NOUN
ajfa-6021	97	10	and	and	CCONJ
ajfa-6021	97	11	performance	performance	NOUN
ajfa-6021	97	12	in	in	ADP
ajfa-6021	97	13	largeand	largeand	ADJ
ajfa-6021	97	14	small	small	ADJ
ajfa-6021	97	15	-	-	PUNCT
ajfa-6021	97	16	scale	scale	NOUN
ajfa-6021	97	17	funds	fund	NOUN
ajfa-6021	97	18	.	.	PUNCT
ajfa-6021	98	1	4.2.1	4.2.1	NUM
ajfa-6021	98	2	the	the	DET
ajfa-6021	98	3	relationship	relationship	NOUN
ajfa-6021	98	4	between	between	ADP
ajfa-6021	98	5	fund	fund	NOUN
ajfa-6021	98	6	inflows	inflow	NOUN
ajfa-6021	98	7	and	and	CCONJ
ajfa-6021	98	8	performance	performance	NOUN
ajfa-6021	98	9	in	in	ADP
ajfa-6021	98	10	large	large	ADJ
ajfa-6021	98	11	-	-	PUNCT
ajfa-6021	98	12	scale	scale	NOUN
ajfa-6021	98	13	funds	fund	NOUN
ajfa-6021	98	14	table	table	NOUN
ajfa-6021	98	15	2	2	NUM
ajfa-6021	98	16	shows	show	VERB
ajfa-6021	98	17	group	group	PROPN
ajfa-6021	98	18	b	b	PROPN
ajfa-6021	98	19	’s	’s	PART
ajfa-6021	98	20	quantile	quantile	ADJ
ajfa-6021	98	21	regression	regression	NOUN
ajfa-6021	98	22	analysis	analysis	NOUN
ajfa-6021	98	23	,	,	PUNCT
ajfa-6021	98	24	which	which	PRON
ajfa-6021	98	25	indicates	indicate	VERB
ajfa-6021	98	26	a	a	DET
ajfa-6021	98	27	positive	positive	ADJ
ajfa-6021	98	28	association	association	NOUN
ajfa-6021	98	29	between	between	ADP
ajfa-6021	98	30	fund	fund	NOUN
ajfa-6021	98	31	inflows	inflow	NOUN
ajfa-6021	98	32	and	and	CCONJ
ajfa-6021	98	33	fund	fund	NOUN
ajfa-6021	98	34	performance	performance	NOUN
ajfa-6021	98	35	in	in	ADP
ajfa-6021	98	36	large	large	ADJ
ajfa-6021	98	37	-	-	PUNCT
ajfa-6021	98	38	scale	scale	NOUN
ajfa-6021	98	39	funds	fund	NOUN
ajfa-6021	98	40	.	.	PUNCT
ajfa-6021	99	1	in	in	ADP
ajfa-6021	99	2	addition	addition	NOUN
ajfa-6021	99	3	,	,	PUNCT
ajfa-6021	99	4	quantiles	quantile	VERB
ajfa-6021	99	5	0.1	0.1	NUM
ajfa-6021	99	6	to	to	PART
ajfa-6021	99	7	0.9	0.9	NUM
ajfa-6021	99	8	were	be	AUX
ajfa-6021	99	9	significant	significant	ADJ
ajfa-6021	99	10	at	at	ADP
ajfa-6021	99	11	a	a	DET
ajfa-6021	99	12	1	1	NUM
ajfa-6021	99	13	%	%	NOUN
ajfa-6021	99	14	level	level	NOUN
ajfa-6021	99	15	of	of	ADP
ajfa-6021	99	16	significance	significance	NOUN
ajfa-6021	99	17	.	.	PUNCT
ajfa-6021	100	1	this	this	PRON
ajfa-6021	100	2	indicates	indicate	VERB
ajfa-6021	100	3	that	that	SCONJ
ajfa-6021	100	4	fund	fund	NOUN
ajfa-6021	100	5	inflows	inflow	NOUN
ajfa-6021	100	6	and	and	CCONJ
ajfa-6021	100	7	performance	performance	NOUN
ajfa-6021	100	8	had	have	VERB
ajfa-6021	100	9	an	an	DET
ajfa-6021	100	10	intense	intense	ADJ
ajfa-6021	100	11	and	and	CCONJ
ajfa-6021	100	12	sensitive	sensitive	ADJ
ajfa-6021	100	13	relationship	relationship	NOUN
ajfa-6021	100	14	for	for	ADP
ajfa-6021	100	15	the	the	DET
ajfa-6021	100	16	insured	insured	ADJ
ajfa-6021	100	17	investors	investor	NOUN
ajfa-6021	100	18	.	.	PUNCT
ajfa-6021	101	1	performance	performance	NOUN
ajfa-6021	101	2	was	be	AUX
ajfa-6021	101	3	excellent	excellent	ADJ
ajfa-6021	101	4	when	when	SCONJ
ajfa-6021	101	5	subscription	subscription	NOUN
ajfa-6021	101	6	amounts	amount	NOUN
ajfa-6021	101	7	were	be	AUX
ajfa-6021	101	8	high	high	ADJ
ajfa-6021	101	9	.	.	PUNCT
ajfa-6021	102	1	these	these	DET
ajfa-6021	102	2	results	result	NOUN
ajfa-6021	102	3	are	be	AUX
ajfa-6021	102	4	consistent	consistent	ADJ
ajfa-6021	102	5	with	with	ADP
ajfa-6021	102	6	those	those	PRON
ajfa-6021	102	7	of	of	ADP
ajfa-6021	102	8	shu	shu	PROPN
ajfa-6021	102	9	et	et	PROPN
ajfa-6021	102	10	al	al	PROPN
ajfa-6021	102	11	.	.	PROPN
ajfa-6021	103	1	(	(	PUNCT
ajfa-6021	103	2	2002	2002	NUM
ajfa-6021	103	3	)	)	PUNCT
ajfa-6021	103	4	and	and	CCONJ
ajfa-6021	103	5	jank	jank	PROPN
ajfa-6021	103	6	and	and	CCONJ
ajfa-6021	103	7	michael	michael	PROPN
ajfa-6021	103	8	(	(	PUNCT
ajfa-6021	103	9	2013	2013	NUM
ajfa-6021	103	10	)	)	PUNCT
ajfa-6021	103	11	.	.	PUNCT
ajfa-6021	104	1	shu	shu	PROPN
ajfa-6021	104	2	et	et	PROPN
ajfa-6021	104	3	al	al	PROPN
ajfa-6021	104	4	.	.	PROPN
ajfa-6021	105	1	(	(	PUNCT
ajfa-6021	105	2	2002	2002	NUM
ajfa-6021	105	3	)	)	PUNCT
ajfa-6021	105	4	found	find	VERB
ajfa-6021	105	5	that	that	SCONJ
ajfa-6021	105	6	the	the	DET
ajfa-6021	105	7	inflows	inflow	NOUN
ajfa-6021	105	8	and	and	CCONJ
ajfa-6021	105	9	outflows	outflow	NOUN
ajfa-6021	105	10	of	of	ADP
ajfa-6021	105	11	large	large	ADJ
ajfa-6021	105	12	-	-	PUNCT
ajfa-6021	105	13	scale	scale	NOUN
ajfa-6021	105	14	fund	fund	NOUN
ajfa-6021	105	15	investors	investor	NOUN
ajfa-6021	105	16	respond	respond	VERB
ajfa-6021	105	17	to	to	ADP
ajfa-6021	105	18	past	past	ADJ
ajfa-6021	105	19	returns	return	NOUN
ajfa-6021	105	20	.	.	PUNCT
ajfa-6021	106	1	this	this	PRON
ajfa-6021	106	2	indicates	indicate	VERB
ajfa-6021	106	3	that	that	SCONJ
ajfa-6021	106	4	investors	investor	NOUN
ajfa-6021	106	5	seek	seek	VERB
ajfa-6021	106	6	to	to	PART
ajfa-6021	106	7	duplicate	duplicate	VERB
ajfa-6021	106	8	previous	previous	ADJ
ajfa-6021	106	9	performance	performance	NOUN
ajfa-6021	106	10	.	.	PUNCT
ajfa-6021	107	1	the	the	DET
ajfa-6021	107	2	quantile	quantile	ADJ
ajfa-6021	107	3	estimation	estimation	NOUN
ajfa-6021	107	4	results	result	NOUN
ajfa-6021	107	5	for	for	ADP
ajfa-6021	107	6	group	group	NOUN
ajfa-6021	107	7	c	c	PROPN
ajfa-6021	107	8	indicate	indicate	VERB
ajfa-6021	107	9	that	that	SCONJ
ajfa-6021	107	10	none	none	NOUN
ajfa-6021	107	11	of	of	ADP
ajfa-6021	107	12	the	the	DET
ajfa-6021	107	13	quantile	quantile	ADJ
ajfa-6021	107	14	results	result	NOUN
ajfa-6021	107	15	were	be	AUX
ajfa-6021	107	16	significant	significant	ADJ
ajfa-6021	107	17	for	for	ADP
ajfa-6021	107	18	fund	fund	NOUN
ajfa-6021	107	19	inflows	inflow	NOUN
ajfa-6021	107	20	.	.	PUNCT
ajfa-6021	108	1	this	this	PRON
ajfa-6021	108	2	indicates	indicate	VERB
ajfa-6021	108	3	that	that	SCONJ
ajfa-6021	108	4	the	the	DET
ajfa-6021	108	5	investors	investor	NOUN
ajfa-6021	108	6	of	of	ADP
ajfa-6021	108	7	group	group	PROPN
ajfa-6021	108	8	c	c	PROPN
ajfa-6021	108	9	did	do	AUX
ajfa-6021	108	10	not	not	PART
ajfa-6021	108	11	seek	seek	VERB
ajfa-6021	108	12	to	to	PART
ajfa-6021	108	13	duplicate	duplicate	VERB
ajfa-6021	108	14	past	past	ADJ
ajfa-6021	108	15	fund	fund	NOUN
ajfa-6021	108	16	performance	performance	NOUN
ajfa-6021	108	17	.	.	PUNCT
ajfa-6021	109	1	these	these	DET
ajfa-6021	109	2	results	result	NOUN
ajfa-6021	109	3	differ	differ	VERB
ajfa-6021	109	4	from	from	ADP
ajfa-6021	109	5	those	those	PRON
ajfa-6021	109	6	of	of	ADP
ajfa-6021	109	7	group	group	NOUN
ajfa-6021	109	8	b.	b.	PROPN
ajfa-6021	110	1	the	the	DET
ajfa-6021	110	2	quantile	quantile	ADJ
ajfa-6021	110	3	results	result	NOUN
ajfa-6021	110	4	for	for	ADP
ajfa-6021	110	5	both	both	PRON
ajfa-6021	110	6	group	group	NOUN
ajfa-6021	110	7	b	b	PROPN
ajfa-6021	110	8	and	and	CCONJ
ajfa-6021	110	9	group	group	NOUN
ajfa-6021	110	10	c	c	PROPN
ajfa-6021	110	11	indicate	indicate	VERB
ajfa-6021	110	12	a	a	DET
ajfa-6021	110	13	positive	positive	ADJ
ajfa-6021	110	14	association	association	NOUN
ajfa-6021	110	15	between	between	ADP
ajfa-6021	110	16	fund	fund	NOUN
ajfa-6021	110	17	inflows	inflow	NOUN
ajfa-6021	110	18	and	and	CCONJ
ajfa-6021	110	19	fund	fund	NOUN
ajfa-6021	110	20	expense	expense	NOUN
ajfa-6021	110	21	ratios	ratio	NOUN
ajfa-6021	110	22	.	.	PUNCT
ajfa-6021	111	1	in	in	ADP
ajfa-6021	111	2	addition	addition	NOUN
ajfa-6021	111	3	,	,	PUNCT
ajfa-6021	111	4	this	this	DET
ajfa-6021	111	5	relationship	relationship	NOUN
ajfa-6021	111	6	was	be	AUX
ajfa-6021	111	7	statistically	statistically	ADV
ajfa-6021	111	8	asian	asian	ADJ
ajfa-6021	111	9	journal	journal	NOUN
ajfa-6021	111	10	of	of	ADP
ajfa-6021	111	11	finance	finance	PROPN
ajfa-6021	111	12	&	&	CCONJ
ajfa-6021	111	13	accounting	accounting	PROPN
ajfa-6021	111	14	issn	issn	PROPN
ajfa-6021	111	15	1946	1946	NUM
ajfa-6021	111	16	-	-	PUNCT
ajfa-6021	111	17	052x	052x	NOUN
ajfa-6021	111	18	2015	2015	NUM
ajfa-6021	111	19	,	,	PUNCT
ajfa-6021	111	20	vol	vol	NOUN
ajfa-6021	111	21	.	.	PROPN
ajfa-6021	112	1	7	7	NUM
ajfa-6021	112	2	,	,	PUNCT
ajfa-6021	112	3	no	no	INTJ
ajfa-6021	112	4	.	.	NOUN
ajfa-6021	112	5	1	1	NUM
ajfa-6021	112	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	112	7	7	7	NUM
ajfa-6021	112	8	significant	significant	ADJ
ajfa-6021	112	9	with	with	ADP
ajfa-6021	112	10	weak	weak	ADJ
ajfa-6021	112	11	fund	fund	NOUN
ajfa-6021	112	12	inflows	inflow	NOUN
ajfa-6021	112	13	and	and	CCONJ
ajfa-6021	112	14	typical	typical	ADJ
ajfa-6021	112	15	fund	fund	NOUN
ajfa-6021	112	16	inflows	inflow	NOUN
ajfa-6021	112	17	.	.	PUNCT
ajfa-6021	113	1	this	this	PRON
ajfa-6021	113	2	indicates	indicate	VERB
ajfa-6021	113	3	that	that	SCONJ
ajfa-6021	113	4	both	both	PRON
ajfa-6021	113	5	insured	insure	VERB
ajfa-6021	113	6	and	and	CCONJ
ajfa-6021	113	7	noninsured	noninsure	VERB
ajfa-6021	113	8	investors	investor	NOUN
ajfa-6021	113	9	preferred	prefer	VERB
ajfa-6021	113	10	to	to	PART
ajfa-6021	113	11	purchase	purchase	VERB
ajfa-6021	113	12	funds	fund	NOUN
ajfa-6021	113	13	with	with	ADP
ajfa-6021	113	14	high	high	ADJ
ajfa-6021	113	15	subscription	subscription	NOUN
ajfa-6021	113	16	expense	expense	NOUN
ajfa-6021	113	17	ratios	ratio	NOUN
ajfa-6021	113	18	.	.	PUNCT
ajfa-6021	114	1	although	although	SCONJ
ajfa-6021	114	2	sirri	sirri	NOUN
ajfa-6021	114	3	and	and	CCONJ
ajfa-6021	114	4	tufano	tufano	ADJ
ajfa-6021	114	5	(	(	PUNCT
ajfa-6021	114	6	1998	1998	NUM
ajfa-6021	114	7	)	)	PUNCT
ajfa-6021	114	8	,	,	PUNCT
ajfa-6021	114	9	barber	barber	PROPN
ajfa-6021	114	10	et	et	PROPN
ajfa-6021	114	11	al	al	PROPN
ajfa-6021	114	12	.	.	PROPN
ajfa-6021	114	13	(	(	PUNCT
ajfa-6021	114	14	2005	2005	NUM
ajfa-6021	114	15	)	)	PUNCT
ajfa-6021	114	16	,	,	PUNCT
ajfa-6021	114	17	and	and	CCONJ
ajfa-6021	114	18	jank	jank	PROPN
ajfa-6021	114	19	and	and	CCONJ
ajfa-6021	114	20	michael	michael	PROPN
ajfa-6021	114	21	(	(	PUNCT
ajfa-6021	114	22	2013	2013	NUM
ajfa-6021	114	23	)	)	PUNCT
ajfa-6021	114	24	did	do	AUX
ajfa-6021	114	25	not	not	PART
ajfa-6021	114	26	analyze	analyze	VERB
ajfa-6021	114	27	funds	fund	NOUN
ajfa-6021	114	28	classified	classify	VERB
ajfa-6021	114	29	by	by	ADP
ajfa-6021	114	30	size	size	NOUN
ajfa-6021	114	31	,	,	PUNCT
ajfa-6021	114	32	they	they	PRON
ajfa-6021	114	33	all	all	PRON
ajfa-6021	114	34	found	find	VERB
ajfa-6021	114	35	that	that	SCONJ
ajfa-6021	114	36	high	high	ADJ
ajfa-6021	114	37	expense	expense	NOUN
ajfa-6021	114	38	ratios	ratio	NOUN
ajfa-6021	114	39	promote	promote	VERB
ajfa-6021	114	40	high	high	ADJ
ajfa-6021	114	41	subscription	subscription	NOUN
ajfa-6021	114	42	rates	rate	NOUN
ajfa-6021	114	43	in	in	ADP
ajfa-6021	114	44	funds	fund	NOUN
ajfa-6021	114	45	.	.	PUNCT
ajfa-6021	115	1	although	although	SCONJ
ajfa-6021	115	2	this	this	DET
ajfa-6021	115	3	finding	finding	NOUN
ajfa-6021	115	4	initially	initially	ADV
ajfa-6021	115	5	appears	appear	VERB
ajfa-6021	115	6	to	to	PART
ajfa-6021	115	7	be	be	AUX
ajfa-6021	115	8	contrary	contrary	ADJ
ajfa-6021	115	9	to	to	ADP
ajfa-6021	115	10	common	common	ADJ
ajfa-6021	115	11	sense	sense	NOUN
ajfa-6021	115	12	,	,	PUNCT
ajfa-6021	115	13	this	this	DET
ajfa-6021	115	14	positive	positive	ADJ
ajfa-6021	115	15	association	association	NOUN
ajfa-6021	115	16	can	can	AUX
ajfa-6021	115	17	be	be	AUX
ajfa-6021	115	18	interpreted	interpret	VERB
ajfa-6021	115	19	as	as	ADP
ajfa-6021	115	20	a	a	DET
ajfa-6021	115	21	cause	cause	NOUN
ajfa-6021	115	22	of	of	ADP
ajfa-6021	115	23	expense	expense	NOUN
ajfa-6021	115	24	ratios	ratio	NOUN
ajfa-6021	115	25	that	that	PRON
ajfa-6021	115	26	act	act	VERB
ajfa-6021	115	27	as	as	ADP
ajfa-6021	115	28	a	a	DET
ajfa-6021	115	29	proxy	proxy	NOUN
ajfa-6021	115	30	variable	variable	NOUN
ajfa-6021	115	31	for	for	ADP
ajfa-6021	115	32	marketing	marketing	NOUN
ajfa-6021	115	33	expenses	expense	NOUN
ajfa-6021	115	34	.	.	PUNCT
ajfa-6021	116	1	thus	thus	ADV
ajfa-6021	116	2	,	,	PUNCT
ajfa-6021	116	3	high	high	ADJ
ajfa-6021	116	4	expenses	expense	NOUN
ajfa-6021	116	5	increase	increase	VERB
ajfa-6021	116	6	the	the	DET
ajfa-6021	116	7	visibility	visibility	NOUN
ajfa-6021	116	8	of	of	ADP
ajfa-6021	116	9	a	a	DET
ajfa-6021	116	10	fund	fund	NOUN
ajfa-6021	116	11	and	and	CCONJ
ajfa-6021	116	12	encourage	encourage	VERB
ajfa-6021	116	13	more	more	ADJ
ajfa-6021	116	14	people	people	NOUN
ajfa-6021	116	15	to	to	PART
ajfa-6021	116	16	purchase	purchase	VERB
ajfa-6021	116	17	the	the	DET
ajfa-6021	116	18	fund	fund	NOUN
ajfa-6021	116	19	.	.	PUNCT
ajfa-6021	117	1	in	in	ADP
ajfa-6021	117	2	the	the	DET
ajfa-6021	117	3	quantile	quantile	ADJ
ajfa-6021	117	4	regression	regression	NOUN
ajfa-6021	117	5	for	for	ADP
ajfa-6021	117	6	group	group	NOUN
ajfa-6021	117	7	b	b	PROPN
ajfa-6021	117	8	,	,	PUNCT
ajfa-6021	117	9	quantiles	quantile	VERB
ajfa-6021	117	10	0.1	0.1	NUM
ajfa-6021	117	11	to	to	PART
ajfa-6021	117	12	0.9	0.9	NUM
ajfa-6021	117	13	were	be	AUX
ajfa-6021	117	14	not	not	PART
ajfa-6021	117	15	significant	significant	ADJ
ajfa-6021	117	16	.	.	PUNCT
ajfa-6021	118	1	this	this	PRON
ajfa-6021	118	2	indicates	indicate	VERB
ajfa-6021	118	3	that	that	SCONJ
ajfa-6021	118	4	investors	investor	NOUN
ajfa-6021	118	5	did	do	AUX
ajfa-6021	118	6	not	not	PART
ajfa-6021	118	7	consider	consider	VERB
ajfa-6021	118	8	risk	risk	NOUN
ajfa-6021	118	9	when	when	SCONJ
ajfa-6021	118	10	purchasing	purchase	VERB
ajfa-6021	118	11	large	large	ADJ
ajfa-6021	118	12	-	-	PUNCT
ajfa-6021	118	13	scale	scale	NOUN
ajfa-6021	118	14	funds	fund	NOUN
ajfa-6021	118	15	.	.	PUNCT
ajfa-6021	119	1	the	the	DET
ajfa-6021	119	2	quantile	quantile	ADJ
ajfa-6021	119	3	regression	regression	NOUN
ajfa-6021	119	4	for	for	ADP
ajfa-6021	119	5	group	group	NOUN
ajfa-6021	119	6	c	c	PROPN
ajfa-6021	119	7	revealed	reveal	VERB
ajfa-6021	119	8	a	a	DET
ajfa-6021	119	9	significant	significant	ADJ
ajfa-6021	119	10	and	and	CCONJ
ajfa-6021	119	11	positive	positive	ADJ
ajfa-6021	119	12	association	association	NOUN
ajfa-6021	119	13	during	during	ADP
ajfa-6021	119	14	ordinary	ordinary	ADJ
ajfa-6021	119	15	fund	fund	NOUN
ajfa-6021	119	16	inflows	inflow	NOUN
ajfa-6021	119	17	and	and	CCONJ
ajfa-6021	119	18	strong	strong	ADJ
ajfa-6021	119	19	fund	fund	NOUN
ajfa-6021	119	20	inflows	inflow	NOUN
ajfa-6021	119	21	.	.	PUNCT
ajfa-6021	120	1	this	this	PRON
ajfa-6021	120	2	indicates	indicate	VERB
ajfa-6021	120	3	that	that	SCONJ
ajfa-6021	120	4	high	high	ADJ
ajfa-6021	120	5	fund	fund	NOUN
ajfa-6021	120	6	risk	risk	NOUN
ajfa-6021	120	7	was	be	AUX
ajfa-6021	120	8	associated	associate	VERB
ajfa-6021	120	9	with	with	ADP
ajfa-6021	120	10	high	high	ADJ
ajfa-6021	120	11	fund	fund	NOUN
ajfa-6021	120	12	inflows	inflow	NOUN
ajfa-6021	120	13	.	.	PUNCT
ajfa-6021	121	1	this	this	PRON
ajfa-6021	121	2	is	be	AUX
ajfa-6021	121	3	consistent	consistent	ADJ
ajfa-6021	121	4	with	with	ADP
ajfa-6021	121	5	the	the	DET
ajfa-6021	121	6	results	result	NOUN
ajfa-6021	121	7	of	of	ADP
ajfa-6021	121	8	jank	jank	NOUN
ajfa-6021	121	9	and	and	CCONJ
ajfa-6021	121	10	michael	michael	PROPN
ajfa-6021	121	11	(	(	PUNCT
ajfa-6021	121	12	2013	2013	NUM
ajfa-6021	121	13	)	)	PUNCT
ajfa-6021	121	14	.	.	PUNCT
ajfa-6021	122	1	although	although	SCONJ
ajfa-6021	122	2	investors	investor	NOUN
ajfa-6021	122	3	redeem	redeem	VERB
ajfa-6021	122	4	funds	fund	NOUN
ajfa-6021	122	5	that	that	PRON
ajfa-6021	122	6	are	be	AUX
ajfa-6021	122	7	at	at	ADP
ajfa-6021	122	8	high	high	ADJ
ajfa-6021	122	9	risk	risk	NOUN
ajfa-6021	122	10	,	,	PUNCT
ajfa-6021	122	11	after	after	ADP
ajfa-6021	122	12	adjusting	adjust	VERB
ajfa-6021	122	13	for	for	ADP
ajfa-6021	122	14	risk	risk	NOUN
ajfa-6021	122	15	in	in	ADP
ajfa-6021	122	16	performance	performance	NOUN
ajfa-6021	122	17	,	,	PUNCT
ajfa-6021	122	18	fund	fund	NOUN
ajfa-6021	122	19	risk	risk	NOUN
ajfa-6021	122	20	and	and	CCONJ
ajfa-6021	122	21	fund	fund	NOUN
ajfa-6021	122	22	inflows	inflow	NOUN
ajfa-6021	122	23	are	be	AUX
ajfa-6021	122	24	positively	positively	ADV
ajfa-6021	122	25	correlated	correlate	VERB
ajfa-6021	122	26	.	.	PUNCT
ajfa-6021	123	1	this	this	PRON
ajfa-6021	123	2	indicates	indicate	VERB
ajfa-6021	123	3	that	that	SCONJ
ajfa-6021	123	4	although	although	SCONJ
ajfa-6021	123	5	risk	risk	NOUN
ajfa-6021	123	6	-	-	PUNCT
ajfa-6021	123	7	averse	averse	ADJ
ajfa-6021	123	8	investors	investor	NOUN
ajfa-6021	123	9	redeem	redeem	VERB
ajfa-6021	123	10	funds	fund	NOUN
ajfa-6021	123	11	when	when	SCONJ
ajfa-6021	123	12	fund	fund	NOUN
ajfa-6021	123	13	risks	risk	NOUN
ajfa-6021	123	14	increase	increase	VERB
ajfa-6021	123	15	,	,	PUNCT
ajfa-6021	123	16	risk	risk	NOUN
ajfa-6021	123	17	-	-	PUNCT
ajfa-6021	123	18	loving	love	VERB
ajfa-6021	123	19	investors	investor	NOUN
ajfa-6021	123	20	replace	replace	VERB
ajfa-6021	123	21	them	they	PRON
ajfa-6021	123	22	.	.	PUNCT
ajfa-6021	124	1	fund	fund	NOUN
ajfa-6021	124	2	inflows	inflow	NOUN
ajfa-6021	124	3	and	and	CCONJ
ajfa-6021	124	4	turnover	turnover	NOUN
ajfa-6021	124	5	were	be	AUX
ajfa-6021	124	6	positively	positively	ADV
ajfa-6021	124	7	correlated	correlate	VERB
ajfa-6021	124	8	for	for	ADP
ajfa-6021	124	9	group	group	PROPN
ajfa-6021	124	10	b.	b.	PROPN
ajfa-6021	124	11	in	in	ADP
ajfa-6021	124	12	addition	addition	NOUN
ajfa-6021	124	13	,	,	PUNCT
ajfa-6021	124	14	quantiles	quantile	VERB
ajfa-6021	124	15	0.1	0.1	NUM
ajfa-6021	124	16	to	to	PART
ajfa-6021	124	17	0.9	0.9	NUM
ajfa-6021	124	18	were	be	AUX
ajfa-6021	124	19	statistically	statistically	ADV
ajfa-6021	124	20	significant	significant	ADJ
ajfa-6021	124	21	.	.	PUNCT
ajfa-6021	125	1	this	this	PRON
ajfa-6021	125	2	indicates	indicate	VERB
ajfa-6021	125	3	that	that	SCONJ
ajfa-6021	125	4	turnover	turnover	NOUN
ajfa-6021	125	5	rates	rate	NOUN
ajfa-6021	125	6	increased	increase	VERB
ajfa-6021	125	7	when	when	SCONJ
ajfa-6021	125	8	the	the	DET
ajfa-6021	125	9	insured	insured	ADJ
ajfa-6021	125	10	investors	investor	NOUN
ajfa-6021	125	11	actively	actively	ADV
ajfa-6021	125	12	purchased	purchase	VERB
ajfa-6021	125	13	funds	fund	NOUN
ajfa-6021	125	14	.	.	PUNCT
ajfa-6021	126	1	the	the	DET
ajfa-6021	126	2	analysis	analysis	NOUN
ajfa-6021	126	3	for	for	ADP
ajfa-6021	126	4	group	group	NOUN
ajfa-6021	126	5	c	c	PROPN
ajfa-6021	126	6	indicates	indicate	VERB
ajfa-6021	126	7	that	that	SCONJ
ajfa-6021	126	8	although	although	SCONJ
ajfa-6021	126	9	fund	fund	NOUN
ajfa-6021	126	10	inflows	inflow	NOUN
ajfa-6021	126	11	and	and	CCONJ
ajfa-6021	126	12	turnover	turnover	NOUN
ajfa-6021	126	13	were	be	AUX
ajfa-6021	126	14	positively	positively	ADV
ajfa-6021	126	15	correlated	correlate	VERB
ajfa-6021	126	16	,	,	PUNCT
ajfa-6021	126	17	this	this	DET
ajfa-6021	126	18	correlation	correlation	NOUN
ajfa-6021	126	19	was	be	AUX
ajfa-6021	126	20	not	not	PART
ajfa-6021	126	21	significant	significant	ADJ
ajfa-6021	126	22	under	under	ADP
ajfa-6021	126	23	any	any	PRON
ajfa-6021	126	24	of	of	ADP
ajfa-6021	126	25	the	the	DET
ajfa-6021	126	26	conditional	conditional	ADJ
ajfa-6021	126	27	quantiles	quantile	NOUN
ajfa-6021	126	28	.	.	PUNCT
ajfa-6021	127	1	thus	thus	ADV
ajfa-6021	127	2	,	,	PUNCT
ajfa-6021	127	3	insured	insured	ADJ
ajfa-6021	127	4	investors	investor	NOUN
ajfa-6021	127	5	influenced	influence	VERB
ajfa-6021	127	6	fund	fund	NOUN
ajfa-6021	127	7	turnover	turnover	NOUN
ajfa-6021	127	8	when	when	SCONJ
ajfa-6021	127	9	purchasing	purchase	VERB
ajfa-6021	127	10	funds	fund	NOUN
ajfa-6021	127	11	more	more	ADV
ajfa-6021	127	12	than	than	SCONJ
ajfa-6021	127	13	noninsured	noninsure	VERB
ajfa-6021	127	14	investors	investor	NOUN
ajfa-6021	127	15	did	do	VERB
ajfa-6021	127	16	.	.	PUNCT
ajfa-6021	128	1	4.2.2	4.2.2	NUM
ajfa-6021	128	2	the	the	DET
ajfa-6021	128	3	relationship	relationship	NOUN
ajfa-6021	128	4	between	between	ADP
ajfa-6021	128	5	fund	fund	NOUN
ajfa-6021	128	6	inflows	inflow	NOUN
ajfa-6021	128	7	and	and	CCONJ
ajfa-6021	128	8	performance	performance	NOUN
ajfa-6021	128	9	in	in	ADP
ajfa-6021	128	10	small	small	ADJ
ajfa-6021	128	11	-	-	PUNCT
ajfa-6021	128	12	scale	scale	NOUN
ajfa-6021	128	13	funds	fund	NOUN
ajfa-6021	128	14	table	table	NOUN
ajfa-6021	128	15	2	2	NUM
ajfa-6021	128	16	shows	show	VERB
ajfa-6021	128	17	the	the	DET
ajfa-6021	128	18	quantile	quantile	ADJ
ajfa-6021	128	19	regression	regression	NOUN
ajfa-6021	128	20	estimation	estimation	NOUN
ajfa-6021	128	21	results	result	NOUN
ajfa-6021	128	22	for	for	ADP
ajfa-6021	128	23	group	group	NOUN
ajfa-6021	128	24	b.	b.	PROPN
ajfa-6021	128	25	quantiles	quantile	VERB
ajfa-6021	128	26	0.1	0.1	NUM
ajfa-6021	128	27	to	to	PART
ajfa-6021	128	28	0.9	0.9	NUM
ajfa-6021	128	29	were	be	AUX
ajfa-6021	128	30	significant	significant	ADJ
ajfa-6021	128	31	,	,	PUNCT
ajfa-6021	128	32	with	with	SCONJ
ajfa-6021	128	33	fund	fund	NOUN
ajfa-6021	128	34	inflows	inflow	NOUN
ajfa-6021	128	35	positively	positively	ADV
ajfa-6021	128	36	correlated	correlate	VERB
ajfa-6021	128	37	with	with	ADP
ajfa-6021	128	38	performance	performance	NOUN
ajfa-6021	128	39	.	.	PUNCT
ajfa-6021	129	1	this	this	PRON
ajfa-6021	129	2	indicates	indicate	VERB
ajfa-6021	129	3	that	that	SCONJ
ajfa-6021	129	4	when	when	SCONJ
ajfa-6021	129	5	purchasing	purchase	VERB
ajfa-6021	129	6	small	small	ADJ
ajfa-6021	129	7	funds	fund	NOUN
ajfa-6021	129	8	,	,	PUNCT
ajfa-6021	129	9	the	the	DET
ajfa-6021	129	10	protected	protect	VERB
ajfa-6021	129	11	investors	investor	NOUN
ajfa-6021	129	12	purchased	purchase	VERB
ajfa-6021	129	13	substantial	substantial	ADJ
ajfa-6021	129	14	amounts	amount	NOUN
ajfa-6021	129	15	when	when	SCONJ
ajfa-6021	129	16	performance	performance	NOUN
ajfa-6021	129	17	was	be	AUX
ajfa-6021	129	18	excellent	excellent	ADJ
ajfa-6021	129	19	.	.	PUNCT
ajfa-6021	130	1	the	the	DET
ajfa-6021	130	2	quantile	quantile	ADJ
ajfa-6021	130	3	results	result	NOUN
ajfa-6021	130	4	for	for	ADP
ajfa-6021	130	5	group	group	NOUN
ajfa-6021	130	6	c	c	PROPN
ajfa-6021	130	7	indicate	indicate	VERB
ajfa-6021	130	8	that	that	SCONJ
ajfa-6021	130	9	the	the	DET
ajfa-6021	130	10	fund	fund	NOUN
ajfa-6021	130	11	inflows	inflow	NOUN
ajfa-6021	130	12	and	and	CCONJ
ajfa-6021	130	13	performance	performance	NOUN
ajfa-6021	130	14	of	of	ADP
ajfa-6021	130	15	small	small	ADJ
ajfa-6021	130	16	-	-	PUNCT
ajfa-6021	130	17	scale	scale	NOUN
ajfa-6021	130	18	funds	fund	NOUN
ajfa-6021	130	19	were	be	AUX
ajfa-6021	130	20	significantly	significantly	ADV
ajfa-6021	130	21	positively	positively	ADV
ajfa-6021	130	22	correlated	correlate	VERB
ajfa-6021	130	23	when	when	SCONJ
ajfa-6021	130	24	fund	fund	NOUN
ajfa-6021	130	25	inflows	inflow	NOUN
ajfa-6021	130	26	were	be	AUX
ajfa-6021	130	27	strong	strong	ADJ
ajfa-6021	130	28	.	.	PUNCT
ajfa-6021	131	1	this	this	PRON
ajfa-6021	131	2	indicates	indicate	VERB
ajfa-6021	131	3	that	that	SCONJ
ajfa-6021	131	4	investors	investor	NOUN
ajfa-6021	131	5	purchased	purchase	VERB
ajfa-6021	131	6	vigorously	vigorously	ADV
ajfa-6021	131	7	when	when	SCONJ
ajfa-6021	131	8	performance	performance	NOUN
ajfa-6021	131	9	was	be	AUX
ajfa-6021	131	10	strong	strong	ADJ
ajfa-6021	131	11	.	.	PUNCT
ajfa-6021	132	1	zheng	zheng	PROPN
ajfa-6021	132	2	(	(	PUNCT
ajfa-6021	132	3	1999	1999	NUM
ajfa-6021	132	4	)	)	PUNCT
ajfa-6021	132	5	indicated	indicate	VERB
ajfa-6021	132	6	that	that	SCONJ
ajfa-6021	132	7	small	small	ADJ
ajfa-6021	132	8	funds	fund	NOUN
ajfa-6021	132	9	can	can	AUX
ajfa-6021	132	10	use	use	VERB
ajfa-6021	132	11	flow	flow	NOUN
ajfa-6021	132	12	information	information	NOUN
ajfa-6021	132	13	to	to	PART
ajfa-6021	132	14	earn	earn	VERB
ajfa-6021	132	15	positive	positive	ADJ
ajfa-6021	132	16	excess	excess	ADJ
ajfa-6021	132	17	returns	return	NOUN
ajfa-6021	132	18	.	.	PUNCT
ajfa-6021	133	1	the	the	DET
ajfa-6021	133	2	quantile	quantile	ADJ
ajfa-6021	133	3	regression	regression	NOUN
ajfa-6021	133	4	results	result	NOUN
ajfa-6021	133	5	for	for	ADP
ajfa-6021	133	6	group	group	NOUN
ajfa-6021	133	7	b	b	PROPN
ajfa-6021	133	8	and	and	CCONJ
ajfa-6021	133	9	group	group	PROPN
ajfa-6021	133	10	c	c	PROPN
ajfa-6021	133	11	were	be	AUX
ajfa-6021	133	12	not	not	PART
ajfa-6021	133	13	significant	significant	ADJ
ajfa-6021	133	14	under	under	ADP
ajfa-6021	133	15	any	any	PRON
ajfa-6021	133	16	of	of	ADP
ajfa-6021	133	17	the	the	DET
ajfa-6021	133	18	conditional	conditional	ADJ
ajfa-6021	133	19	quantiles	quantile	NOUN
ajfa-6021	133	20	.	.	PUNCT
ajfa-6021	134	1	these	these	DET
ajfa-6021	134	2	results	result	NOUN
ajfa-6021	134	3	are	be	AUX
ajfa-6021	134	4	consistent	consistent	ADJ
ajfa-6021	134	5	with	with	ADP
ajfa-6021	134	6	those	those	PRON
ajfa-6021	134	7	of	of	ADP
ajfa-6021	134	8	fu	fu	NOUN
ajfa-6021	134	9	et	et	PROPN
ajfa-6021	134	10	al	al	PROPN
ajfa-6021	134	11	.	.	PROPN
ajfa-6021	135	1	(	(	PUNCT
ajfa-6021	135	2	2010	2010	NUM
ajfa-6021	135	3	)	)	PUNCT
ajfa-6021	135	4	.	.	PUNCT
ajfa-6021	136	1	although	although	SCONJ
ajfa-6021	136	2	fu	fu	PROPN
ajfa-6021	136	3	et	et	PROPN
ajfa-6021	136	4	al	al	PROPN
ajfa-6021	136	5	.	.	PROPN
ajfa-6021	136	6	did	do	AUX
ajfa-6021	136	7	not	not	PART
ajfa-6021	136	8	analyze	analyze	VERB
ajfa-6021	136	9	fund	fund	NOUN
ajfa-6021	136	10	size	size	NOUN
ajfa-6021	136	11	,	,	PUNCT
ajfa-6021	136	12	they	they	PRON
ajfa-6021	136	13	found	find	VERB
ajfa-6021	136	14	that	that	PRON
ajfa-6021	136	15	fund	fund	NOUN
ajfa-6021	136	16	risk	risk	NOUN
ajfa-6021	136	17	was	be	AUX
ajfa-6021	136	18	not	not	PART
ajfa-6021	136	19	significant	significant	ADJ
ajfa-6021	136	20	when	when	SCONJ
ajfa-6021	136	21	subscription	subscription	NOUN
ajfa-6021	136	22	and	and	CCONJ
ajfa-6021	136	23	redemption	redemption	NOUN
ajfa-6021	136	24	rates	rate	NOUN
ajfa-6021	136	25	were	be	AUX
ajfa-6021	136	26	response	response	NOUN
ajfa-6021	136	27	variables	variable	NOUN
ajfa-6021	136	28	.	.	PUNCT
ajfa-6021	137	1	this	this	PRON
ajfa-6021	137	2	indicates	indicate	VERB
ajfa-6021	137	3	that	that	SCONJ
ajfa-6021	137	4	investors	investor	NOUN
ajfa-6021	137	5	do	do	AUX
ajfa-6021	137	6	not	not	PART
ajfa-6021	137	7	thoroughly	thoroughly	ADV
ajfa-6021	137	8	consider	consider	VERB
ajfa-6021	137	9	risk	risk	NOUN
ajfa-6021	137	10	factors	factor	NOUN
ajfa-6021	137	11	when	when	SCONJ
ajfa-6021	137	12	purchasing	purchase	VERB
ajfa-6021	137	13	and	and	CCONJ
ajfa-6021	137	14	redeeming	redeem	VERB
ajfa-6021	137	15	funds	fund	NOUN
ajfa-6021	137	16	with	with	ADP
ajfa-6021	137	17	advertisements	advertisement	NOUN
ajfa-6021	137	18	.	.	PUNCT
ajfa-6021	138	1	thus	thus	ADV
ajfa-6021	138	2	,	,	PUNCT
ajfa-6021	138	3	fund	fund	NOUN
ajfa-6021	138	4	advertisements	advertisement	NOUN
ajfa-6021	138	5	alter	alter	VERB
ajfa-6021	138	6	the	the	DET
ajfa-6021	138	7	risk	risk	NOUN
ajfa-6021	138	8	attitudes	attitude	NOUN
ajfa-6021	138	9	of	of	ADP
ajfa-6021	138	10	investors	investor	NOUN
ajfa-6021	138	11	.	.	PUNCT
ajfa-6021	139	1	asian	asian	ADJ
ajfa-6021	139	2	journal	journal	PROPN
ajfa-6021	139	3	of	of	ADP
ajfa-6021	139	4	finance	finance	PROPN
ajfa-6021	139	5	&	&	CCONJ
ajfa-6021	139	6	accounting	accounting	PROPN
ajfa-6021	139	7	issn	issn	PROPN
ajfa-6021	139	8	1946	1946	NUM
ajfa-6021	139	9	-	-	PUNCT
ajfa-6021	139	10	052x	052x	NOUN
ajfa-6021	139	11	2015	2015	NUM
ajfa-6021	139	12	,	,	PUNCT
ajfa-6021	139	13	vol	vol	NOUN
ajfa-6021	139	14	.	.	PROPN
ajfa-6021	139	15	7	7	NUM
ajfa-6021	139	16	,	,	PUNCT
ajfa-6021	139	17	no	no	INTJ
ajfa-6021	139	18	.	.	NOUN
ajfa-6021	139	19	1	1	NUM
ajfa-6021	139	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	139	21	8	8	NUM
ajfa-6021	139	22	table	table	NOUN
ajfa-6021	139	23	2	2	NUM
ajfa-6021	139	24	.	.	PUNCT
ajfa-6021	139	25	fund	fund	NOUN
ajfa-6021	139	26	inflows	inflow	NOUN
ajfa-6021	139	27	and	and	CCONJ
ajfa-6021	139	28	operating	operating	NOUN
ajfa-6021	139	29	characteristics	characteristic	NOUN
ajfa-6021	139	30	sensitivity	sensitivity	NOUN
ajfa-6021	139	31	of	of	ADP
ajfa-6021	139	32	fund	fund	NOUN
ajfa-6021	139	33	size	size	NOUN
ajfa-6021	139	34	for	for	ADP
ajfa-6021	139	35	group	group	NOUN
ajfa-6021	139	36	b	b	PROPN
ajfa-6021	139	37	and	and	CCONJ
ajfa-6021	139	38	c.	c.	PROPN
ajfa-6021	139	39	inflows	inflow	VERB
ajfa-6021	139	40	large	large	ADJ
ajfa-6021	139	41	group	group	NOUN
ajfa-6021	139	42	b	b	PROPN
ajfa-6021	139	43	large	large	ADJ
ajfa-6021	139	44	group	group	NOUN
ajfa-6021	139	45	c	c	PROPN
ajfa-6021	139	46	small	small	PROPN
ajfa-6021	139	47	group	group	PROPN
ajfa-6021	139	48	b	b	PROPN
ajfa-6021	139	49	small	small	ADJ
ajfa-6021	139	50	group	group	NOUN
ajfa-6021	139	51	c	c	PROPN
ajfa-6021	139	52	quantiles	quantile	NOUN
ajfa-6021	139	53	estimated	estimate	VERB
ajfa-6021	139	54	coefficients	coefficient	NOUN
ajfa-6021	139	55	t	t	PROPN
ajfa-6021	139	56	value	value	NOUN
ajfa-6021	139	57	estimated	estimate	VERB
ajfa-6021	139	58	coefficients	coefficient	NOUN
ajfa-6021	139	59	t	t	NOUN
ajfa-6021	139	60	value	value	NOUN
ajfa-6021	139	61	estimated	estimate	VERB
ajfa-6021	139	62	coefficients	coefficient	NOUN
ajfa-6021	139	63	t	t	NOUN
ajfa-6021	139	64	value	value	NOUN
ajfa-6021	139	65	estimated	estimate	VERB
ajfa-6021	139	66	coefficients	coefficient	NOUN
ajfa-6021	139	67	t	t	PROPN
ajfa-6021	139	68	value	value	NOUN
ajfa-6021	139	69	jensen	jensen	PROPN
ajfa-6021	139	70	0.1	0.1	NUM
ajfa-6021	139	71	0.012	0.012	NUM
ajfa-6021	139	72	*	*	PUNCT
ajfa-6021	139	73	*	*	PUNCT
ajfa-6021	139	74	*	*	PUNCT
ajfa-6021	139	75	3.98	3.98	NUM
ajfa-6021	139	76	0.0030.78	0.0030.78	NUM
ajfa-6021	139	77	0.013	0.013	NUM
ajfa-6021	139	78	*	*	PUNCT
ajfa-6021	139	79	*	*	PUNCT
ajfa-6021	139	80	*	*	PUNCT
ajfa-6021	139	81	3.67	3.67	NUM
ajfa-6021	139	82	0.0020.77	0.0020.77	NUM
ajfa-6021	139	83	0.2	0.2	NUM
ajfa-6021	139	84	0.018	0.018	NUM
ajfa-6021	139	85	*	*	PUNCT
ajfa-6021	139	86	*	*	PUNCT
ajfa-6021	139	87	*	*	PUNCT
ajfa-6021	139	88	4.99	4.99	NUM
ajfa-6021	139	89	0.0010.19	0.0010.19	NUM
ajfa-6021	139	90	0.016	0.016	NUM
ajfa-6021	139	91	*	*	PUNCT
ajfa-6021	139	92	*	*	PUNCT
ajfa-6021	139	93	*	*	PUNCT
ajfa-6021	139	94	6.35	6.35	NUM
ajfa-6021	139	95	0.01	0.01	NUM
ajfa-6021	139	96	*	*	PUNCT
ajfa-6021	139	97	*	*	PUNCT
ajfa-6021	139	98	2.20	2.20	NUM
ajfa-6021	139	99	0.3	0.3	NUM
ajfa-6021	139	100	0.022	0.022	NUM
ajfa-6021	139	101	*	*	PUNCT
ajfa-6021	139	102	*	*	PUNCT
ajfa-6021	139	103	*	*	PUNCT
ajfa-6021	139	104	5.45	5.45	NUM
ajfa-6021	139	105	0.0030.73	0.0030.73	NOUN
ajfa-6021	139	106	0.016	0.016	NUM
ajfa-6021	139	107	*	*	PUNCT
ajfa-6021	139	108	*	*	PUNCT
ajfa-6021	139	109	*	*	PUNCT
ajfa-6021	139	110	4.66	4.66	NUM
ajfa-6021	139	111	0.0051.02	0.0051.02	NUM
ajfa-6021	139	112	0.4	0.4	NUM
ajfa-6021	139	113	0.022	0.022	NUM
ajfa-6021	139	114	*	*	PUNCT
ajfa-6021	139	115	*	*	PUNCT
ajfa-6021	139	116	*	*	PUNCT
ajfa-6021	139	117	5.96	5.96	NUM
ajfa-6021	139	118	0.0040.90	0.0040.90	PROPN
ajfa-6021	139	119	0.018	0.018	NUM
ajfa-6021	139	120	*	*	PUNCT
ajfa-6021	139	121	*	*	PUNCT
ajfa-6021	139	122	*	*	PUNCT
ajfa-6021	139	123	3.97	3.97	NUM
ajfa-6021	139	124	0.0091.49	0.0091.49	NUM
ajfa-6021	139	125	0.5	0.5	NUM
ajfa-6021	139	126	0.022	0.022	NUM
ajfa-6021	139	127	*	*	PUNCT
ajfa-6021	139	128	*	*	PUNCT
ajfa-6021	139	129	*	*	PUNCT
ajfa-6021	139	130	5.20	5.20	NUM
ajfa-6021	139	131	0.0091.64	0.0091.64	NUM
ajfa-6021	139	132	0.024	0.024	NUM
ajfa-6021	139	133	*	*	PUNCT
ajfa-6021	139	134	*	*	PUNCT
ajfa-6021	139	135	*	*	PUNCT
ajfa-6021	139	136	5.10	5.10	NUM
ajfa-6021	139	137	0.013	0.013	NUM
ajfa-6021	139	138	*	*	PUNCT
ajfa-6021	139	139	*	*	PROPN
ajfa-6021	139	140	2.13	2.13	NUM
ajfa-6021	139	141	0.6	0.6	NUM
ajfa-6021	139	142	0.026	0.026	NUM
ajfa-6021	139	143	*	*	PUNCT
ajfa-6021	139	144	*	*	PUNCT
ajfa-6021	139	145	*	*	PUNCT
ajfa-6021	139	146	5.04	5.04	NUM
ajfa-6021	139	147	0.0121.44	0.0121.44	PROPN
ajfa-6021	139	148	0.028	0.028	NUM
ajfa-6021	139	149	*	*	PUNCT
ajfa-6021	139	150	*	*	PUNCT
ajfa-6021	139	151	*	*	PUNCT
ajfa-6021	139	152	6.05	6.05	NUM
ajfa-6021	139	153	0.016	0.016	NUM
ajfa-6021	139	154	*	*	PUNCT
ajfa-6021	139	155	*	*	PUNCT
ajfa-6021	139	156	*	*	PUNCT
ajfa-6021	139	157	2.81	2.81	NUM
ajfa-6021	139	158	0.7	0.7	NUM
ajfa-6021	139	159	0.033	0.033	NUM
ajfa-6021	139	160	*	*	PUNCT
ajfa-6021	139	161	*	*	PUNCT
ajfa-6021	139	162	*	*	PUNCT
ajfa-6021	139	163	6.10	6.10	NUM
ajfa-6021	139	164	0.0120.94	0.0120.94	NUM
ajfa-6021	139	165	0.031	0.031	NUM
ajfa-6021	139	166	*	*	PUNCT
ajfa-6021	139	167	*	*	PUNCT
ajfa-6021	139	168	*	*	PUNCT
ajfa-6021	139	169	6.87	6.87	NUM
ajfa-6021	139	170	0.017	0.017	NUM
ajfa-6021	139	171	*	*	PUNCT
ajfa-6021	139	172	*	*	PUNCT
ajfa-6021	139	173	2.53	2.53	NUM
ajfa-6021	139	174	0.8	0.8	NUM
ajfa-6021	139	175	0.037	0.037	NUM
ajfa-6021	139	176	*	*	PUNCT
ajfa-6021	139	177	*	*	PUNCT
ajfa-6021	139	178	*	*	PUNCT
ajfa-6021	139	179	7.26	7.26	NUM
ajfa-6021	139	180	0.010.64	0.010.64	NOUN
ajfa-6021	139	181	0.032	0.032	NUM
ajfa-6021	139	182	*	*	PUNCT
ajfa-6021	139	183	*	*	PUNCT
ajfa-6021	139	184	*	*	PUNCT
ajfa-6021	139	185	4.01	4.01	NUM
ajfa-6021	139	186	0.023	0.023	NUM
ajfa-6021	139	187	*	*	PUNCT
ajfa-6021	139	188	*	*	PUNCT
ajfa-6021	139	189	*	*	PUNCT
ajfa-6021	139	190	2.77	2.77	NUM
ajfa-6021	139	191	0.9	0.9	NUM
ajfa-6021	139	192	0.04	0.04	NUM
ajfa-6021	139	193	*	*	PUNCT
ajfa-6021	139	194	*	*	PUNCT
ajfa-6021	140	1	*	*	PUNCT
ajfa-6021	140	2	4.49	4.49	NUM
ajfa-6021	140	3	-0.009	-0.009	NUM
ajfa-6021	140	4	-	-	SYM
ajfa-6021	140	5	0.21	0.21	NUM
ajfa-6021	140	6	0.038	0.038	NUM
ajfa-6021	140	7	*	*	PUNCT
ajfa-6021	140	8	*	*	PUNCT
ajfa-6021	140	9	*	*	PUNCT
ajfa-6021	140	10	4.34	4.34	NUM
ajfa-6021	140	11	0.0211.37	0.0211.37	NUM
ajfa-6021	140	12	exp	exp	NOUN
ajfa-6021	140	13	.	.	PROPN
ajfa-6021	140	14	0.1	0.1	NUM
ajfa-6021	140	15	0.113	0.113	NUM
ajfa-6021	140	16	*	*	PUNCT
ajfa-6021	140	17	*	*	PUNCT
ajfa-6021	140	18	*	*	PUNCT
ajfa-6021	140	19	3.51	3.51	NUM
ajfa-6021	141	1	0.0290.32	0.0290.32	NUM
ajfa-6021	141	2	0.05	0.05	NUM
ajfa-6021	141	3	*	*	SYM
ajfa-6021	141	4	1.90	1.90	NUM
ajfa-6021	141	5	0.0330.90	0.0330.90	NUM
ajfa-6021	141	6	0.2	0.2	NUM
ajfa-6021	141	7	0.089	0.089	NUM
ajfa-6021	141	8	*	*	PUNCT
ajfa-6021	141	9	*	*	PUNCT
ajfa-6021	141	10	*	*	PUNCT
ajfa-6021	141	11	3.04	3.04	NUM
ajfa-6021	141	12	0.2	0.2	NUM
ajfa-6021	141	13	*	*	PUNCT
ajfa-6021	141	14	*	*	PUNCT
ajfa-6021	141	15	2.45	2.45	NUM
ajfa-6021	141	16	0.083	0.083	NUM
ajfa-6021	141	17	*	*	PUNCT
ajfa-6021	141	18	*	*	PUNCT
ajfa-6021	141	19	*	*	PUNCT
ajfa-6021	141	20	3.22	3.22	NUM
ajfa-6021	141	21	0.0731.51	0.0731.51	NOUN
ajfa-6021	141	22	0.3	0.3	NUM
ajfa-6021	141	23	0.106	0.106	NUM
ajfa-6021	141	24	*	*	PUNCT
ajfa-6021	141	25	*	*	PUNCT
ajfa-6021	141	26	*	*	PUNCT
ajfa-6021	141	27	3.04	3.04	NUM
ajfa-6021	141	28	0.179	0.179	NUM
ajfa-6021	141	29	*	*	PUNCT
ajfa-6021	141	30	*	*	PUNCT
ajfa-6021	141	31	2.58	2.58	NUM
ajfa-6021	141	32	0.079	0.079	NUM
ajfa-6021	141	33	*	*	PUNCT
ajfa-6021	141	34	*	*	PUNCT
ajfa-6021	141	35	*	*	PUNCT
ajfa-6021	141	36	2.68	2.68	NUM
ajfa-6021	141	37	0.0911.57	0.0911.57	PROPN
ajfa-6021	141	38	0.4	0.4	NUM
ajfa-6021	141	39	0.117	0.117	NUM
ajfa-6021	141	40	*	*	PUNCT
ajfa-6021	141	41	*	*	PUNCT
ajfa-6021	141	42	*	*	PUNCT
ajfa-6021	141	43	2.92	2.92	NUM
ajfa-6021	141	44	0.163	0.163	NUM
ajfa-6021	141	45	*	*	PUNCT
ajfa-6021	141	46	*	*	PROPN
ajfa-6021	141	47	2.15	2.15	NUM
ajfa-6021	141	48	0.094	0.094	NUM
ajfa-6021	141	49	*	*	PUNCT
ajfa-6021	141	50	*	*	NOUN
ajfa-6021	141	51	2.60	2.60	NUM
ajfa-6021	141	52	0.1071.42	0.1071.42	NUM
ajfa-6021	141	53	0.5	0.5	NUM
ajfa-6021	141	54	0.159	0.159	NUM
ajfa-6021	141	55	*	*	PUNCT
ajfa-6021	141	56	*	*	PUNCT
ajfa-6021	141	57	*	*	PUNCT
ajfa-6021	141	58	2.88	2.88	NUM
ajfa-6021	141	59	0.169	0.169	NUM
ajfa-6021	141	60	*	*	PUNCT
ajfa-6021	141	61	1.86	1.86	NUM
ajfa-6021	141	62	0.101	0.101	NUM
ajfa-6021	141	63	*	*	PUNCT
ajfa-6021	141	64	*	*	NOUN
ajfa-6021	141	65	2.00	2.00	NUM
ajfa-6021	141	66	0.0580.79	0.0580.79	NUM
ajfa-6021	141	67	0.6	0.6	NUM
ajfa-6021	141	68	0.221	0.221	NUM
ajfa-6021	141	69	*	*	PUNCT
ajfa-6021	141	70	*	*	PUNCT
ajfa-6021	141	71	*	*	PUNCT
ajfa-6021	141	72	2.73	2.73	NUM
ajfa-6021	141	73	0.229	0.229	NUM
ajfa-6021	141	74	*	*	SYM
ajfa-6021	141	75	1.94	1.94	NUM
ajfa-6021	141	76	0.1051.56	0.1051.56	NUM
ajfa-6021	141	77	0.1071.58	0.1071.58	NOUN
ajfa-6021	141	78	0.7	0.7	NUM
ajfa-6021	141	79	0.141.55	0.141.55	NOUN
ajfa-6021	141	80	0.1390.77	0.1390.77	NOUN
ajfa-6021	142	1	0.0610.68	0.0610.68	NOUN
ajfa-6021	142	2	0.1081.20	0.1081.20	NUM
ajfa-6021	142	3	0.8	0.8	NUM
ajfa-6021	142	4	0.0920.94	0.0920.94	NUM
ajfa-6021	142	5	0.1660.62	0.1660.62	NUM
ajfa-6021	142	6	0.110.81	0.110.81	NOUN
ajfa-6021	143	1	0.1140.70	0.1140.70	NOUN
ajfa-6021	143	2	0.9	0.9	NUM
ajfa-6021	143	3	0.10.63	0.10.63	NUM
ajfa-6021	143	4	0.5240.99	0.5240.99	PUNCT
ajfa-6021	144	1	0.2221.39	0.2221.39	PUNCT
ajfa-6021	145	1	0.2860.75	0.2860.75	ADJ
ajfa-6021	145	2	risk	risk	NOUN
ajfa-6021	145	3	0.1	0.1	NUM
ajfa-6021	145	4	0.000	0.000	NUM
ajfa-6021	145	5	-0.94	-0.94	NUM
ajfa-6021	145	6	0.0011.59	0.0011.59	NUM
ajfa-6021	145	7	0.000	0.000	NUM
ajfa-6021	145	8	0.12	0.12	NUM
ajfa-6021	145	9	0.000	0.000	NUM
ajfa-6021	145	10	-0.02	-0.02	NUM
ajfa-6021	145	11	0.2	0.2	NUM
ajfa-6021	145	12	0.000	0.000	NUM
ajfa-6021	145	13	-0.79	-0.79	NOUN
ajfa-6021	145	14	0.000	0.000	NUM
ajfa-6021	145	15	0.58	0.58	NUM
ajfa-6021	145	16	0.000	0.000	NUM
ajfa-6021	145	17	-1.13	-1.13	NOUN
ajfa-6021	145	18	0.000	0.000	NUM
ajfa-6021	145	19	-0.14	-0.14	NUM
ajfa-6021	145	20	0.3	0.3	NUM
ajfa-6021	145	21	0.000	0.000	NUM
ajfa-6021	145	22	-1.01	-1.01	NUM
ajfa-6021	145	23	0.0011.64	0.0011.64	NUM
ajfa-6021	145	24	0.000	0.000	NUM
ajfa-6021	145	25	-0.96	-0.96	NUM
ajfa-6021	145	26	0.000	0.000	NUM
ajfa-6021	146	1	-0.16	-0.16	NUM
ajfa-6021	146	2	0.4	0.4	NUM
ajfa-6021	146	3	0.000	0.000	NUM
ajfa-6021	146	4	-0.68	-0.68	NOUN
ajfa-6021	146	5	0.001	0.001	NUM
ajfa-6021	146	6	*	*	NOUN
ajfa-6021	146	7	*	*	NOUN
ajfa-6021	146	8	2.05	2.05	NUM
ajfa-6021	146	9	0.000	0.000	NUM
ajfa-6021	146	10	-1.35	-1.35	NOUN
ajfa-6021	146	11	0.000	0.000	NUM
ajfa-6021	146	12	-0.01	-0.01	NUM
ajfa-6021	146	13	0.5	0.5	NUM
ajfa-6021	146	14	0.000	0.000	NUM
ajfa-6021	146	15	-0.73	-0.73	ADP
ajfa-6021	146	16	0.001	0.001	NUM
ajfa-6021	146	17	*	*	PUNCT
ajfa-6021	146	18	*	*	PUNCT
ajfa-6021	146	19	*	*	PUNCT
ajfa-6021	146	20	3.04	3.04	NUM
ajfa-6021	146	21	0.000	0.000	NUM
ajfa-6021	146	22	-1.27	-1.27	NUM
ajfa-6021	147	1	0.000	0.000	NUM
ajfa-6021	147	2	0.98	0.98	NUM
ajfa-6021	147	3	0.6	0.6	NUM
ajfa-6021	147	4	0.000	0.000	NUM
ajfa-6021	147	5	-1.00	-1.00	NUM
ajfa-6021	147	6	0.001	0.001	NUM
ajfa-6021	147	7	*	*	PUNCT
ajfa-6021	147	8	*	*	PUNCT
ajfa-6021	147	9	2.43	2.43	NUM
ajfa-6021	147	10	0.000	0.000	NUM
ajfa-6021	147	11	-0.59	-0.59	NUM
ajfa-6021	147	12	0.000	0.000	NUM
ajfa-6021	147	13	1.15	1.15	NUM
ajfa-6021	147	14	0.7	0.7	NUM
ajfa-6021	147	15	0.000	0.000	NUM
ajfa-6021	147	16	-0.49	-0.49	ADP
ajfa-6021	147	17	0.002	0.002	NUM
ajfa-6021	147	18	*	*	PUNCT
ajfa-6021	147	19	*	*	PUNCT
ajfa-6021	148	1	2.52	2.52	NUM
ajfa-6021	148	2	0.000	0.000	NUM
ajfa-6021	148	3	0.52	0.52	NUM
ajfa-6021	148	4	0.0011.56	0.0011.56	NOUN
ajfa-6021	148	5	0.8	0.8	NUM
ajfa-6021	148	6	0.000	0.000	NUM
ajfa-6021	148	7	-0.91	-0.91	NUM
ajfa-6021	148	8	0.003	0.003	NUM
ajfa-6021	148	9	*	*	PUNCT
ajfa-6021	148	10	*	*	PUNCT
ajfa-6021	148	11	2.33	2.33	NUM
ajfa-6021	148	12	0.000	0.000	NUM
ajfa-6021	148	13	0.36	0.36	NUM
ajfa-6021	148	14	0.001	0.001	NUM
ajfa-6021	148	15	*	*	NUM
ajfa-6021	148	16	1.83	1.83	NUM
ajfa-6021	148	17	0.9	0.9	NUM
ajfa-6021	148	18	0.000	0.000	NUM
ajfa-6021	148	19	-0.44	-0.44	NUM
ajfa-6021	148	20	0.0041.05	0.0041.05	NOUN
ajfa-6021	148	21	0.000	0.000	NUM
ajfa-6021	148	22	-0.13	-0.13	NUM
ajfa-6021	148	23	0.0010.86	0.0010.86	NOUN
ajfa-6021	148	24	turnover	turnover	NOUN
ajfa-6021	148	25	0.1	0.1	NUM
ajfa-6021	148	26	0.001	0.001	NUM
ajfa-6021	148	27	*	*	PUNCT
ajfa-6021	148	28	*	*	PROPN
ajfa-6021	148	29	2.49	2.49	NUM
ajfa-6021	148	30	0.000	0.000	NUM
ajfa-6021	148	31	0.74	0.74	NUM
ajfa-6021	148	32	0.001	0.001	NUM
ajfa-6021	148	33	*	*	PUNCT
ajfa-6021	148	34	*	*	PUNCT
ajfa-6021	148	35	*	*	PUNCT
ajfa-6021	149	1	3.73	3.73	NUM
ajfa-6021	149	2	0	0	NUM
ajfa-6021	149	3	*	*	PUNCT
ajfa-6021	149	4	*	*	PUNCT
ajfa-6021	149	5	*	*	PUNCT
ajfa-6021	149	6	3.51	3.51	NUM
ajfa-6021	149	7	0.2	0.2	NUM
ajfa-6021	149	8	0.001	0.001	NUM
ajfa-6021	149	9	*	*	PUNCT
ajfa-6021	149	10	*	*	PUNCT
ajfa-6021	149	11	*	*	PUNCT
ajfa-6021	149	12	3.59	3.59	NUM
ajfa-6021	149	13	0.000	0.000	NUM
ajfa-6021	149	14	0.45	0.45	NUM
ajfa-6021	149	15	0.001	0.001	NUM
ajfa-6021	149	16	*	*	PUNCT
ajfa-6021	149	17	*	*	PUNCT
ajfa-6021	149	18	*	*	PUNCT
ajfa-6021	149	19	3.78	3.78	NUM
ajfa-6021	149	20	0.001	0.001	NUM
ajfa-6021	149	21	*	*	PUNCT
ajfa-6021	149	22	*	*	PUNCT
ajfa-6021	149	23	*	*	PUNCT
ajfa-6021	149	24	2.92	2.92	NUM
ajfa-6021	149	25	0.3	0.3	NUM
ajfa-6021	149	26	0.001	0.001	NUM
ajfa-6021	149	27	*	*	PUNCT
ajfa-6021	149	28	*	*	PUNCT
ajfa-6021	149	29	*	*	PUNCT
ajfa-6021	149	30	3.75	3.75	NUM
ajfa-6021	149	31	0.000	0.000	NUM
ajfa-6021	149	32	0.24	0.24	NUM
ajfa-6021	149	33	0.001	0.001	NUM
ajfa-6021	149	34	*	*	PUNCT
ajfa-6021	149	35	*	*	PUNCT
ajfa-6021	149	36	*	*	PUNCT
ajfa-6021	149	37	3.97	3.97	NUM
ajfa-6021	149	38	0.001	0.001	NUM
ajfa-6021	149	39	*	*	PUNCT
ajfa-6021	149	40	*	*	PUNCT
ajfa-6021	149	41	*	*	PUNCT
ajfa-6021	149	42	3.63	3.63	NUM
ajfa-6021	149	43	0.4	0.4	NUM
ajfa-6021	149	44	0.001	0.001	NUM
ajfa-6021	149	45	*	*	PUNCT
ajfa-6021	149	46	*	*	PUNCT
ajfa-6021	149	47	*	*	PUNCT
ajfa-6021	149	48	3.75	3.75	NUM
ajfa-6021	149	49	0.000	0.000	NUM
ajfa-6021	149	50	-0.06	-0.06	NUM
ajfa-6021	149	51	0.001	0.001	NUM
ajfa-6021	149	52	*	*	PUNCT
ajfa-6021	149	53	*	*	PUNCT
ajfa-6021	149	54	*	*	PUNCT
ajfa-6021	149	55	4.28	4.28	NUM
ajfa-6021	149	56	0.001	0.001	NUM
ajfa-6021	149	57	*	*	PUNCT
ajfa-6021	149	58	*	*	PUNCT
ajfa-6021	149	59	*	*	PUNCT
ajfa-6021	149	60	3.63	3.63	NUM
ajfa-6021	149	61	0.5	0.5	NUM
ajfa-6021	149	62	0.001	0.001	NUM
ajfa-6021	149	63	*	*	PUNCT
ajfa-6021	149	64	*	*	PUNCT
ajfa-6021	149	65	*	*	PUNCT
ajfa-6021	149	66	3.01	3.01	NUM
ajfa-6021	149	67	-0.001	-0.001	NUM
ajfa-6021	149	68	-	-	SYM
ajfa-6021	149	69	1.19	1.19	NUM
ajfa-6021	149	70	0.001	0.001	NUM
ajfa-6021	149	71	*	*	PUNCT
ajfa-6021	149	72	*	*	PUNCT
ajfa-6021	149	73	*	*	PUNCT
ajfa-6021	149	74	4.23	4.23	NUM
ajfa-6021	149	75	0.001	0.001	NUM
ajfa-6021	149	76	*	*	PUNCT
ajfa-6021	149	77	*	*	PUNCT
ajfa-6021	149	78	*	*	PUNCT
ajfa-6021	149	79	3.85	3.85	NUM
ajfa-6021	149	80	0.6	0.6	NUM
ajfa-6021	149	81	0.001	0.001	NUM
ajfa-6021	149	82	*	*	NOUN
ajfa-6021	149	83	*	*	PROPN
ajfa-6021	149	84	2.53	2.53	NUM
ajfa-6021	149	85	-0.001	-0.001	NOUN
ajfa-6021	149	86	-	-	SYM
ajfa-6021	149	87	1.24	1.24	NUM
ajfa-6021	149	88	0.001	0.001	NUM
ajfa-6021	149	89	*	*	PUNCT
ajfa-6021	149	90	*	*	PUNCT
ajfa-6021	149	91	*	*	PUNCT
ajfa-6021	149	92	4.16	4.16	NUM
ajfa-6021	149	93	0.001	0.001	NUM
ajfa-6021	149	94	*	*	PUNCT
ajfa-6021	149	95	*	*	PUNCT
ajfa-6021	149	96	*	*	PUNCT
ajfa-6021	149	97	2.85	2.85	NUM
ajfa-6021	149	98	0.7	0.7	NUM
ajfa-6021	149	99	0.002	0.002	NUM
ajfa-6021	149	100	*	*	PUNCT
ajfa-6021	149	101	*	*	PUNCT
ajfa-6021	149	102	*	*	PUNCT
ajfa-6021	149	103	2.82	2.82	NUM
ajfa-6021	149	104	-0.001	-0.001	NUM
ajfa-6021	149	105	-	-	SYM
ajfa-6021	149	106	0.71	0.71	NUM
ajfa-6021	149	107	0.001	0.001	NUM
ajfa-6021	149	108	*	*	PUNCT
ajfa-6021	149	109	*	*	PUNCT
ajfa-6021	149	110	*	*	PUNCT
ajfa-6021	149	111	2.88	2.88	NUM
ajfa-6021	149	112	0.001	0.001	NUM
ajfa-6021	149	113	*	*	NOUN
ajfa-6021	149	114	*	*	NOUN
ajfa-6021	149	115	2.26	2.26	NUM
ajfa-6021	149	116	0.8	0.8	NUM
ajfa-6021	149	117	0.003	0.003	NUM
ajfa-6021	149	118	*	*	PUNCT
ajfa-6021	149	119	*	*	PUNCT
ajfa-6021	149	120	*	*	PUNCT
ajfa-6021	149	121	4.59	4.59	NUM
ajfa-6021	149	122	-0.001	-0.001	NOUN
ajfa-6021	149	123	-	-	SYM
ajfa-6021	149	124	0.54	0.54	NUM
ajfa-6021	149	125	0.001	0.001	NUM
ajfa-6021	149	126	*	*	NUM
ajfa-6021	149	127	1.75	1.75	NUM
ajfa-6021	149	128	0.001	0.001	NUM
ajfa-6021	149	129	*	*	NOUN
ajfa-6021	149	130	*	*	PROPN
ajfa-6021	149	131	2.36	2.36	NUM
ajfa-6021	149	132	0.9	0.9	NUM
ajfa-6021	149	133	0.003	0.003	NUM
ajfa-6021	149	134	*	*	PUNCT
ajfa-6021	149	135	*	*	PUNCT
ajfa-6021	149	136	*	*	PUNCT
ajfa-6021	149	137	3.78	3.78	NUM
ajfa-6021	149	138	0.000	0.000	NUM
ajfa-6021	149	139	-0.09	-0.09	NUM
ajfa-6021	149	140	0.002	0.002	NUM
ajfa-6021	149	141	*	*	NUM
ajfa-6021	149	142	1.71	1.71	NUM
ajfa-6021	149	143	0.0011.31	0.0011.31	PUNCT
ajfa-6021	149	144	r	r	X
ajfa-6021	149	145	-	-	PUNCT
ajfa-6021	149	146	square	square	ADJ
ajfa-6021	149	147	0.192	0.192	NUM
ajfa-6021	149	148	0.006	0.006	NUM
ajfa-6021	149	149	0.168	0.168	NUM
ajfa-6021	149	150	0.119	0.119	NUM
ajfa-6021	149	151	note	note	NOUN
ajfa-6021	149	152	:	:	PUNCT
ajfa-6021	149	153	we	we	PRON
ajfa-6021	149	154	obtained	obtain	VERB
ajfa-6021	149	155	our	our	PRON
ajfa-6021	149	156	samples	sample	NOUN
ajfa-6021	149	157	from	from	ADP
ajfa-6021	149	158	the	the	DET
ajfa-6021	149	159	tej	tej	NOUN
ajfa-6021	149	160	database	database	NOUN
ajfa-6021	149	161	.	.	PUNCT
ajfa-6021	150	1	the	the	DET
ajfa-6021	150	2	sample	sample	NOUN
ajfa-6021	150	3	data	datum	NOUN
ajfa-6021	150	4	were	be	AUX
ajfa-6021	150	5	from	from	ADP
ajfa-6021	150	6	january	january	PROPN
ajfa-6021	150	7	1	1	NUM
ajfa-6021	150	8	,	,	PUNCT
ajfa-6021	150	9	2001	2001	NUM
ajfa-6021	150	10	to	to	ADP
ajfa-6021	150	11	december	december	PROPN
ajfa-6021	150	12	31	31	NUM
ajfa-6021	150	13	,	,	PUNCT
ajfa-6021	150	14	2012	2012	NUM
ajfa-6021	150	15	.	.	PUNCT
ajfa-6021	151	1	group	group	PROPN
ajfa-6021	151	2	a	a	DET
ajfa-6021	151	3	comprised	comprise	VERB
ajfa-6021	151	4	overall	overall	ADJ
ajfa-6021	151	5	domestic	domestic	ADJ
ajfa-6021	151	6	stock	stock	NOUN
ajfa-6021	151	7	fund	fund	NOUN
ajfa-6021	151	8	investors	investor	NOUN
ajfa-6021	151	9	,	,	PUNCT
ajfa-6021	151	10	group	group	PROPN
ajfa-6021	151	11	b	b	PROPN
ajfa-6021	151	12	comprised	comprise	VERB
ajfa-6021	151	13	insured	insured	ADJ
ajfa-6021	151	14	investors	investor	NOUN
ajfa-6021	151	15	,	,	PUNCT
ajfa-6021	151	16	and	and	CCONJ
ajfa-6021	151	17	group	group	NOUN
ajfa-6021	151	18	c	c	PROPN
ajfa-6021	151	19	comprised	comprise	VERB
ajfa-6021	151	20	noninsured	noninsure	VERB
ajfa-6021	151	21	investors	investor	NOUN
ajfa-6021	151	22	.	.	PUNCT
ajfa-6021	152	1	the	the	DET
ajfa-6021	152	2	variables	variable	NOUN
ajfa-6021	152	3	include	include	VERB
ajfa-6021	152	4	jensen	jensen	PROPN
ajfa-6021	152	5	,	,	PUNCT
ajfa-6021	152	6	exp	exp	NOUN
ajfa-6021	152	7	.	.	PROPN
ajfa-6021	152	8	,	,	PUNCT
ajfa-6021	152	9	risk	risk	NOUN
ajfa-6021	152	10	,	,	PUNCT
ajfa-6021	152	11	and	and	CCONJ
ajfa-6021	152	12	turnover	turnover	NOUN
ajfa-6021	152	13	.	.	PUNCT
ajfa-6021	153	1	the	the	DET
ajfa-6021	153	2	significance	significance	NOUN
ajfa-6021	153	3	levels	level	NOUN
ajfa-6021	153	4	of	of	ADP
ajfa-6021	153	5	10	10	NUM
ajfa-6021	153	6	%	%	NOUN
ajfa-6021	153	7	,	,	PUNCT
ajfa-6021	153	8	5	5	NUM
ajfa-6021	153	9	%	%	NOUN
ajfa-6021	153	10	,	,	PUNCT
ajfa-6021	153	11	and	and	CCONJ
ajfa-6021	153	12	1	1	NUM
ajfa-6021	153	13	%	%	NOUN
ajfa-6021	153	14	are	be	AUX
ajfa-6021	153	15	signified	signify	VERB
ajfa-6021	153	16	by	by	ADP
ajfa-6021	153	17	*	*	NOUN
ajfa-6021	153	18	,	,	PUNCT
ajfa-6021	153	19	*	*	PUNCT
ajfa-6021	153	20	*	*	PUNCT
ajfa-6021	153	21	,	,	PUNCT
ajfa-6021	153	22	and	and	CCONJ
ajfa-6021	153	23	*	*	PUNCT
ajfa-6021	153	24	*	*	PUNCT
ajfa-6021	153	25	*	*	NOUN
ajfa-6021	153	26	.	.	PUNCT
ajfa-6021	154	1	asian	asian	ADJ
ajfa-6021	154	2	journal	journal	PROPN
ajfa-6021	154	3	of	of	ADP
ajfa-6021	154	4	finance	finance	PROPN
ajfa-6021	154	5	&	&	CCONJ
ajfa-6021	154	6	accounting	accounting	PROPN
ajfa-6021	154	7	issn	issn	PROPN
ajfa-6021	154	8	1946	1946	NUM
ajfa-6021	154	9	-	-	PUNCT
ajfa-6021	154	10	052x	052x	NOUN
ajfa-6021	154	11	2015	2015	NUM
ajfa-6021	154	12	,	,	PUNCT
ajfa-6021	154	13	vol	vol	NOUN
ajfa-6021	154	14	.	.	PROPN
ajfa-6021	154	15	7	7	NUM
ajfa-6021	154	16	,	,	PUNCT
ajfa-6021	154	17	no	no	INTJ
ajfa-6021	154	18	.	.	NOUN
ajfa-6021	154	19	1	1	NUM
ajfa-6021	154	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	154	21	9	9	NUM
ajfa-6021	154	22	4.2.3	4.2.3	NUM
ajfa-6021	154	23	.	.	PUNCT
ajfa-6021	155	1	the	the	DET
ajfa-6021	155	2	relationship	relationship	NOUN
ajfa-6021	155	3	between	between	ADP
ajfa-6021	155	4	fund	fund	NOUN
ajfa-6021	155	5	outflows	outflow	NOUN
ajfa-6021	155	6	and	and	CCONJ
ajfa-6021	155	7	performance	performance	NOUN
ajfa-6021	155	8	in	in	ADP
ajfa-6021	155	9	large	large	ADJ
ajfa-6021	155	10	-	-	PUNCT
ajfa-6021	155	11	scale	scale	NOUN
ajfa-6021	155	12	funds	fund	NOUN
ajfa-6021	155	13	table	table	NOUN
ajfa-6021	155	14	3	3	NUM
ajfa-6021	155	15	indicates	indicate	VERB
ajfa-6021	155	16	that	that	SCONJ
ajfa-6021	155	17	the	the	DET
ajfa-6021	155	18	fund	fund	NOUN
ajfa-6021	155	19	outflows	outflow	NOUN
ajfa-6021	155	20	and	and	CCONJ
ajfa-6021	155	21	fund	fund	NOUN
ajfa-6021	155	22	performance	performance	NOUN
ajfa-6021	155	23	of	of	ADP
ajfa-6021	155	24	group	group	NOUN
ajfa-6021	155	25	b	b	PROPN
ajfa-6021	155	26	were	be	AUX
ajfa-6021	155	27	positively	positively	ADV
ajfa-6021	155	28	correlated	correlate	VERB
ajfa-6021	155	29	.	.	PUNCT
ajfa-6021	156	1	in	in	ADP
ajfa-6021	156	2	addition	addition	NOUN
ajfa-6021	156	3	,	,	PUNCT
ajfa-6021	156	4	quantiles	quantile	VERB
ajfa-6021	156	5	0.1	0.1	NUM
ajfa-6021	156	6	to	to	PART
ajfa-6021	156	7	0.9	0.9	NUM
ajfa-6021	156	8	were	be	AUX
ajfa-6021	156	9	statistically	statistically	ADV
ajfa-6021	156	10	significant	significant	ADJ
ajfa-6021	156	11	.	.	PUNCT
ajfa-6021	157	1	this	this	PRON
ajfa-6021	157	2	indicates	indicate	VERB
ajfa-6021	157	3	that	that	SCONJ
ajfa-6021	157	4	investors	investor	NOUN
ajfa-6021	157	5	did	do	AUX
ajfa-6021	157	6	not	not	PART
ajfa-6021	157	7	redeem	redeem	VERB
ajfa-6021	157	8	funds	fund	NOUN
ajfa-6021	157	9	only	only	ADV
ajfa-6021	157	10	when	when	SCONJ
ajfa-6021	157	11	performance	performance	NOUN
ajfa-6021	157	12	was	be	AUX
ajfa-6021	157	13	unsatisfactory	unsatisfactory	ADJ
ajfa-6021	157	14	.	.	PUNCT
ajfa-6021	158	1	when	when	SCONJ
ajfa-6021	158	2	performance	performance	NOUN
ajfa-6021	158	3	was	be	AUX
ajfa-6021	158	4	strong	strong	ADJ
ajfa-6021	158	5	,	,	PUNCT
ajfa-6021	158	6	the	the	DET
ajfa-6021	158	7	investors	investor	NOUN
ajfa-6021	158	8	of	of	ADP
ajfa-6021	158	9	large	large	ADJ
ajfa-6021	158	10	-	-	PUNCT
ajfa-6021	158	11	scale	scale	NOUN
ajfa-6021	158	12	funds	fund	NOUN
ajfa-6021	158	13	also	also	ADV
ajfa-6021	158	14	took	take	VERB
ajfa-6021	158	15	profits	profit	NOUN
ajfa-6021	158	16	from	from	ADP
ajfa-6021	158	17	the	the	DET
ajfa-6021	158	18	funds	fund	NOUN
ajfa-6021	158	19	.	.	PUNCT
ajfa-6021	159	1	these	these	DET
ajfa-6021	159	2	results	result	NOUN
ajfa-6021	159	3	are	be	AUX
ajfa-6021	159	4	consistent	consistent	ADJ
ajfa-6021	159	5	with	with	ADP
ajfa-6021	159	6	those	those	PRON
ajfa-6021	159	7	of	of	ADP
ajfa-6021	159	8	ippolito	ippolito	PROPN
ajfa-6021	159	9	(	(	PUNCT
ajfa-6021	159	10	1992	1992	NUM
ajfa-6021	159	11	)	)	PUNCT
ajfa-6021	159	12	,	,	PUNCT
ajfa-6021	159	13	jank	jank	PROPN
ajfa-6021	159	14	and	and	CCONJ
ajfa-6021	159	15	michael	michael	PROPN
ajfa-6021	159	16	(	(	PUNCT
ajfa-6021	159	17	2013	2013	NUM
ajfa-6021	159	18	)	)	PUNCT
ajfa-6021	159	19	,	,	PUNCT
ajfa-6021	159	20	and	and	CCONJ
ajfa-6021	159	21	shu	shu	PROPN
ajfa-6021	159	22	et	et	PROPN
ajfa-6021	159	23	al	al	PROPN
ajfa-6021	159	24	.	.	PROPN
ajfa-6021	160	1	(	(	PUNCT
ajfa-6021	160	2	2002	2002	NUM
ajfa-6021	160	3	)	)	PUNCT
ajfa-6021	160	4	.	.	PUNCT
ajfa-6021	161	1	shu	shu	PROPN
ajfa-6021	161	2	et	et	PROPN
ajfa-6021	161	3	al	al	PROPN
ajfa-6021	161	4	.	.	PROPN
ajfa-6021	162	1	(	(	PUNCT
ajfa-6021	162	2	2002	2002	NUM
ajfa-6021	162	3	)	)	PUNCT
ajfa-6021	162	4	stated	state	VERB
ajfa-6021	162	5	that	that	SCONJ
ajfa-6021	162	6	the	the	DET
ajfa-6021	162	7	majority	majority	NOUN
ajfa-6021	162	8	of	of	ADP
ajfa-6021	162	9	large	large	ADJ
ajfa-6021	162	10	-	-	PUNCT
ajfa-6021	162	11	scale	scale	NOUN
ajfa-6021	162	12	fund	fund	NOUN
ajfa-6021	162	13	investors	investor	NOUN
ajfa-6021	162	14	are	be	AUX
ajfa-6021	162	15	small	small	ADJ
ajfa-6021	162	16	investors	investor	NOUN
ajfa-6021	162	17	.	.	PUNCT
ajfa-6021	163	1	large	large	ADJ
ajfa-6021	163	2	-	-	PUNCT
ajfa-6021	163	3	scale	scale	NOUN
ajfa-6021	163	4	fund	fund	NOUN
ajfa-6021	163	5	investors	investor	NOUN
ajfa-6021	163	6	prefer	prefer	VERB
ajfa-6021	163	7	to	to	PART
ajfa-6021	163	8	purchase	purchase	VERB
ajfa-6021	163	9	funds	fund	NOUN
ajfa-6021	163	10	for	for	ADP
ajfa-6021	163	11	short	short	ADJ
ajfa-6021	163	12	-	-	PUNCT
ajfa-6021	163	13	term	term	NOUN
ajfa-6021	163	14	profit	profit	NOUN
ajfa-6021	163	15	and	and	CCONJ
ajfa-6021	163	16	sell	sell	VERB
ajfa-6021	163	17	funds	fund	NOUN
ajfa-6021	163	18	after	after	ADP
ajfa-6021	163	19	obtaining	obtain	VERB
ajfa-6021	163	20	this	this	DET
ajfa-6021	163	21	short	short	ADJ
ajfa-6021	163	22	-	-	PUNCT
ajfa-6021	163	23	term	term	NOUN
ajfa-6021	163	24	profit	profit	NOUN
ajfa-6021	163	25	.	.	PUNCT
ajfa-6021	164	1	they	they	PRON
ajfa-6021	164	2	also	also	ADV
ajfa-6021	164	3	found	find	VERB
ajfa-6021	164	4	that	that	SCONJ
ajfa-6021	164	5	the	the	DET
ajfa-6021	164	6	fund	fund	NOUN
ajfa-6021	164	7	inflows	inflow	NOUN
ajfa-6021	164	8	and	and	CCONJ
ajfa-6021	164	9	outflows	outflow	NOUN
ajfa-6021	164	10	of	of	ADP
ajfa-6021	164	11	large	large	ADJ
ajfa-6021	164	12	-	-	PUNCT
ajfa-6021	164	13	scale	scale	NOUN
ajfa-6021	164	14	fund	fund	NOUN
ajfa-6021	164	15	investors	investor	NOUN
ajfa-6021	164	16	respond	respond	VERB
ajfa-6021	164	17	to	to	ADP
ajfa-6021	164	18	previous	previous	ADJ
ajfa-6021	164	19	returns	return	NOUN
ajfa-6021	164	20	,	,	PUNCT
ajfa-6021	164	21	which	which	PRON
ajfa-6021	164	22	indicates	indicate	VERB
ajfa-6021	164	23	that	that	SCONJ
ajfa-6021	164	24	investors	investor	NOUN
ajfa-6021	164	25	seek	seek	VERB
ajfa-6021	164	26	to	to	PART
ajfa-6021	164	27	duplicate	duplicate	VERB
ajfa-6021	164	28	past	past	ADJ
ajfa-6021	164	29	performance	performance	NOUN
ajfa-6021	164	30	.	.	PUNCT
ajfa-6021	165	1	fund	fund	NOUN
ajfa-6021	165	2	outflows	outflow	NOUN
ajfa-6021	165	3	and	and	CCONJ
ajfa-6021	165	4	fund	fund	NOUN
ajfa-6021	165	5	performance	performance	NOUN
ajfa-6021	165	6	were	be	AUX
ajfa-6021	165	7	positively	positively	ADV
ajfa-6021	165	8	correlated	correlate	VERB
ajfa-6021	165	9	in	in	ADP
ajfa-6021	165	10	group	group	PROPN
ajfa-6021	165	11	c.	c.	PROPN
ajfa-6021	165	12	this	this	PRON
ajfa-6021	165	13	was	be	AUX
ajfa-6021	165	14	significant	significant	ADJ
ajfa-6021	165	15	for	for	ADP
ajfa-6021	165	16	typical	typical	ADJ
ajfa-6021	165	17	fund	fund	NOUN
ajfa-6021	165	18	outflows	outflow	NOUN
ajfa-6021	165	19	(	(	PUNCT
ajfa-6021	165	20	quantiles	quantile	NOUN
ajfa-6021	165	21	0.4	0.4	NUM
ajfa-6021	165	22	to	to	ADP
ajfa-6021	165	23	0.6	0.6	NUM
ajfa-6021	165	24	)	)	PUNCT
ajfa-6021	165	25	.	.	PUNCT
ajfa-6021	166	1	in	in	ADP
ajfa-6021	166	2	contrast	contrast	NOUN
ajfa-6021	166	3	to	to	ADP
ajfa-6021	166	4	group	group	PROPN
ajfa-6021	166	5	b	b	PROPN
ajfa-6021	166	6	,	,	PUNCT
ajfa-6021	166	7	in	in	ADP
ajfa-6021	166	8	which	which	PRON
ajfa-6021	166	9	fund	fund	NOUN
ajfa-6021	166	10	inflows	inflow	NOUN
ajfa-6021	166	11	responded	respond	VERB
ajfa-6021	166	12	strongly	strongly	ADV
ajfa-6021	166	13	to	to	ADP
ajfa-6021	166	14	performance	performance	NOUN
ajfa-6021	166	15	,	,	PUNCT
ajfa-6021	166	16	when	when	SCONJ
ajfa-6021	166	17	the	the	DET
ajfa-6021	166	18	large	large	ADJ
ajfa-6021	166	19	-	-	PUNCT
ajfa-6021	166	20	scale	scale	NOUN
ajfa-6021	166	21	fund	fund	NOUN
ajfa-6021	166	22	investors	investor	NOUN
ajfa-6021	166	23	of	of	ADP
ajfa-6021	166	24	group	group	PROPN
ajfa-6021	166	25	c	c	PROPN
ajfa-6021	166	26	redeemed	redeem	VERB
ajfa-6021	166	27	funds	fund	NOUN
ajfa-6021	166	28	,	,	PUNCT
ajfa-6021	166	29	the	the	DET
ajfa-6021	166	30	strength	strength	NOUN
ajfa-6021	166	31	of	of	ADP
ajfa-6021	166	32	fund	fund	NOUN
ajfa-6021	166	33	inflows	inflow	NOUN
ajfa-6021	166	34	did	do	AUX
ajfa-6021	166	35	not	not	PART
ajfa-6021	166	36	influence	influence	VERB
ajfa-6021	166	37	fund	fund	NOUN
ajfa-6021	166	38	performance	performance	NOUN
ajfa-6021	166	39	.	.	PUNCT
ajfa-6021	167	1	fund	fund	NOUN
ajfa-6021	167	2	outflows	outflow	NOUN
ajfa-6021	167	3	and	and	CCONJ
ajfa-6021	167	4	fund	fund	NOUN
ajfa-6021	167	5	risk	risk	NOUN
ajfa-6021	167	6	were	be	AUX
ajfa-6021	167	7	positively	positively	ADV
ajfa-6021	167	8	associated	associate	VERB
ajfa-6021	167	9	in	in	ADP
ajfa-6021	167	10	group	group	PROPN
ajfa-6021	167	11	b.	b.	PROPN
ajfa-6021	167	12	however	however	ADV
ajfa-6021	167	13	,	,	PUNCT
ajfa-6021	167	14	this	this	PRON
ajfa-6021	167	15	was	be	AUX
ajfa-6021	167	16	statistically	statistically	ADV
ajfa-6021	167	17	significant	significant	ADJ
ajfa-6021	167	18	only	only	ADV
ajfa-6021	167	19	at	at	ADP
ajfa-6021	167	20	times	time	NOUN
ajfa-6021	167	21	of	of	ADP
ajfa-6021	167	22	weak	weak	ADJ
ajfa-6021	167	23	fund	fund	NOUN
ajfa-6021	167	24	outflows	outflow	NOUN
ajfa-6021	167	25	.	.	PUNCT
ajfa-6021	168	1	in	in	ADP
ajfa-6021	168	2	addition	addition	NOUN
ajfa-6021	168	3	,	,	PUNCT
ajfa-6021	168	4	the	the	DET
ajfa-6021	168	5	relationship	relationship	NOUN
ajfa-6021	168	6	between	between	ADP
ajfa-6021	168	7	fund	fund	NOUN
ajfa-6021	168	8	risk	risk	NOUN
ajfa-6021	168	9	and	and	CCONJ
ajfa-6021	168	10	fund	fund	NOUN
ajfa-6021	168	11	outflows	outflow	NOUN
ajfa-6021	168	12	did	do	AUX
ajfa-6021	168	13	not	not	PART
ajfa-6021	168	14	change	change	VERB
ajfa-6021	168	15	substantially	substantially	ADV
ajfa-6021	168	16	.	.	PUNCT
ajfa-6021	169	1	the	the	DET
ajfa-6021	169	2	relationship	relationship	NOUN
ajfa-6021	169	3	between	between	ADP
ajfa-6021	169	4	fund	fund	NOUN
ajfa-6021	169	5	outflows	outflow	NOUN
ajfa-6021	169	6	and	and	CCONJ
ajfa-6021	169	7	fund	fund	NOUN
ajfa-6021	169	8	risk	risk	NOUN
ajfa-6021	169	9	in	in	ADP
ajfa-6021	169	10	group	group	PROPN
ajfa-6021	169	11	c	c	PROPN
ajfa-6021	169	12	was	be	AUX
ajfa-6021	169	13	not	not	PART
ajfa-6021	169	14	significant	significant	ADJ
ajfa-6021	169	15	under	under	ADP
ajfa-6021	169	16	any	any	PRON
ajfa-6021	169	17	of	of	ADP
ajfa-6021	169	18	the	the	DET
ajfa-6021	169	19	conditional	conditional	ADJ
ajfa-6021	169	20	quantiles	quantile	NOUN
ajfa-6021	169	21	.	.	PUNCT
ajfa-6021	170	1	fu	fu	PROPN
ajfa-6021	170	2	et	et	PROPN
ajfa-6021	170	3	al	al	PROPN
ajfa-6021	170	4	.	.	PROPN
ajfa-6021	171	1	(	(	PUNCT
ajfa-6021	171	2	2010	2010	NUM
ajfa-6021	171	3	)	)	PUNCT
ajfa-6021	171	4	held	hold	VERB
ajfa-6021	171	5	that	that	SCONJ
ajfa-6021	171	6	investors	investor	NOUN
ajfa-6021	171	7	do	do	AUX
ajfa-6021	171	8	not	not	PART
ajfa-6021	171	9	thoroughly	thoroughly	ADV
ajfa-6021	171	10	consider	consider	VERB
ajfa-6021	171	11	risk	risk	NOUN
ajfa-6021	171	12	factors	factor	NOUN
ajfa-6021	171	13	when	when	SCONJ
ajfa-6021	171	14	purchasing	purchase	VERB
ajfa-6021	171	15	and	and	CCONJ
ajfa-6021	171	16	redeeming	redeem	VERB
ajfa-6021	171	17	funds	fund	NOUN
ajfa-6021	171	18	with	with	ADP
ajfa-6021	171	19	advertisements	advertisement	NOUN
ajfa-6021	171	20	because	because	SCONJ
ajfa-6021	171	21	fund	fund	NOUN
ajfa-6021	171	22	advertisements	advertisement	NOUN
ajfa-6021	171	23	alter	alter	VERB
ajfa-6021	171	24	investors	investor	NOUN
ajfa-6021	171	25	’	’	PART
ajfa-6021	171	26	attitudes	attitude	NOUN
ajfa-6021	171	27	toward	toward	ADP
ajfa-6021	171	28	risk	risk	NOUN
ajfa-6021	171	29	.	.	PUNCT
ajfa-6021	172	1	although	although	SCONJ
ajfa-6021	172	2	we	we	PRON
ajfa-6021	172	3	did	do	AUX
ajfa-6021	172	4	not	not	PART
ajfa-6021	172	5	analyze	analyze	VERB
ajfa-6021	172	6	fund	fund	NOUN
ajfa-6021	172	7	advertisements	advertisement	NOUN
ajfa-6021	172	8	,	,	PUNCT
ajfa-6021	172	9	the	the	DET
ajfa-6021	172	10	majority	majority	NOUN
ajfa-6021	172	11	of	of	ADP
ajfa-6021	172	12	sales	sale	NOUN
ajfa-6021	172	13	of	of	ADP
ajfa-6021	172	14	investment	investment	NOUN
ajfa-6021	172	15	-	-	PUNCT
ajfa-6021	172	16	linked	link	VERB
ajfa-6021	172	17	insurance	insurance	NOUN
ajfa-6021	172	18	policies	policy	NOUN
ajfa-6021	172	19	is	be	AUX
ajfa-6021	172	20	communicated	communicate	VERB
ajfa-6021	172	21	to	to	ADP
ajfa-6021	172	22	consumers	consumer	NOUN
ajfa-6021	172	23	through	through	ADP
ajfa-6021	172	24	high	high	ADJ
ajfa-6021	172	25	-	-	PUNCT
ajfa-6021	172	26	volume	volume	NOUN
ajfa-6021	172	27	dm	dm	NOUN
ajfa-6021	172	28	or	or	CCONJ
ajfa-6021	172	29	channel	channel	NOUN
ajfa-6021	172	30	marketing	marketing	NOUN
ajfa-6021	172	31	tactics	tactic	NOUN
ajfa-6021	172	32	.	.	PUNCT
ajfa-6021	173	1	therefore	therefore	ADV
ajfa-6021	173	2	,	,	PUNCT
ajfa-6021	173	3	our	our	PRON
ajfa-6021	173	4	results	result	NOUN
ajfa-6021	173	5	for	for	ADP
ajfa-6021	173	6	group	group	NOUN
ajfa-6021	173	7	b	b	PROPN
ajfa-6021	173	8	and	and	CCONJ
ajfa-6021	173	9	group	group	NOUN
ajfa-6021	173	10	c	c	PROPN
ajfa-6021	173	11	are	be	AUX
ajfa-6021	173	12	consistent	consistent	ADJ
ajfa-6021	173	13	with	with	ADP
ajfa-6021	173	14	those	those	PRON
ajfa-6021	173	15	of	of	ADP
ajfa-6021	173	16	fu	fu	NOUN
ajfa-6021	173	17	et	et	PROPN
ajfa-6021	173	18	al	al	PROPN
ajfa-6021	173	19	.	.	PROPN
ajfa-6021	174	1	(	(	PUNCT
ajfa-6021	174	2	2010	2010	NUM
ajfa-6021	174	3	)	)	PUNCT
ajfa-6021	174	4	.	.	PUNCT
ajfa-6021	175	1	the	the	DET
ajfa-6021	175	2	results	result	NOUN
ajfa-6021	175	3	for	for	ADP
ajfa-6021	175	4	group	group	NOUN
ajfa-6021	175	5	b	b	PROPN
ajfa-6021	175	6	indicate	indicate	VERB
ajfa-6021	175	7	a	a	DET
ajfa-6021	175	8	positive	positive	ADJ
ajfa-6021	175	9	association	association	NOUN
ajfa-6021	175	10	between	between	ADP
ajfa-6021	175	11	fund	fund	NOUN
ajfa-6021	175	12	outflows	outflow	NOUN
ajfa-6021	175	13	and	and	CCONJ
ajfa-6021	175	14	fund	fund	NOUN
ajfa-6021	175	15	turnover	turnover	NOUN
ajfa-6021	175	16	.	.	PUNCT
ajfa-6021	176	1	this	this	PRON
ajfa-6021	176	2	was	be	AUX
ajfa-6021	176	3	statistically	statistically	ADV
ajfa-6021	176	4	significant	significant	ADJ
ajfa-6021	176	5	for	for	ADP
ajfa-6021	176	6	quantiles	quantile	NOUN
ajfa-6021	176	7	0.1	0.1	NUM
ajfa-6021	176	8	to	to	PART
ajfa-6021	176	9	0.9	0.9	NUM
ajfa-6021	176	10	.	.	PUNCT
ajfa-6021	177	1	however	however	ADV
ajfa-6021	177	2	,	,	PUNCT
ajfa-6021	177	3	fund	fund	NOUN
ajfa-6021	177	4	turnover	turnover	NOUN
ajfa-6021	177	5	did	do	AUX
ajfa-6021	177	6	not	not	PART
ajfa-6021	177	7	change	change	VERB
ajfa-6021	177	8	when	when	SCONJ
ajfa-6021	177	9	fund	fund	NOUN
ajfa-6021	177	10	outflows	outflow	NOUN
ajfa-6021	177	11	increased	increase	VERB
ajfa-6021	177	12	.	.	PUNCT
ajfa-6021	178	1	fund	fund	NOUN
ajfa-6021	178	2	outflows	outflow	NOUN
ajfa-6021	178	3	and	and	CCONJ
ajfa-6021	178	4	fund	fund	NOUN
ajfa-6021	178	5	turnover	turnover	NOUN
ajfa-6021	178	6	were	be	AUX
ajfa-6021	178	7	positively	positively	ADV
ajfa-6021	178	8	correlated	correlate	VERB
ajfa-6021	178	9	for	for	ADP
ajfa-6021	178	10	group	group	NOUN
ajfa-6021	178	11	c.	c.	PROPN
ajfa-6021	178	12	however	however	ADV
ajfa-6021	178	13	,	,	PUNCT
ajfa-6021	178	14	this	this	DET
ajfa-6021	178	15	correlation	correlation	NOUN
ajfa-6021	178	16	was	be	AUX
ajfa-6021	178	17	not	not	PART
ajfa-6021	178	18	significant	significant	ADJ
ajfa-6021	178	19	under	under	ADP
ajfa-6021	178	20	any	any	PRON
ajfa-6021	178	21	of	of	ADP
ajfa-6021	178	22	the	the	DET
ajfa-6021	178	23	conditional	conditional	ADJ
ajfa-6021	178	24	quantiles	quantile	NOUN
ajfa-6021	178	25	.	.	PUNCT
ajfa-6021	179	1	this	this	PRON
ajfa-6021	179	2	indicates	indicate	VERB
ajfa-6021	179	3	that	that	SCONJ
ajfa-6021	179	4	fund	fund	NOUN
ajfa-6021	179	5	turnover	turnover	NOUN
ajfa-6021	179	6	does	do	AUX
ajfa-6021	179	7	not	not	PART
ajfa-6021	179	8	influence	influence	VERB
ajfa-6021	179	9	fund	fund	NOUN
ajfa-6021	179	10	outflows	outflow	NOUN
ajfa-6021	179	11	.	.	PUNCT
ajfa-6021	180	1	4.2.4	4.2.4	X
ajfa-6021	180	2	.	.	PUNCT
ajfa-6021	181	1	the	the	DET
ajfa-6021	181	2	relationship	relationship	NOUN
ajfa-6021	181	3	between	between	ADP
ajfa-6021	181	4	fund	fund	NOUN
ajfa-6021	181	5	outflows	outflow	NOUN
ajfa-6021	181	6	and	and	CCONJ
ajfa-6021	181	7	performance	performance	NOUN
ajfa-6021	181	8	in	in	ADP
ajfa-6021	181	9	small	small	ADJ
ajfa-6021	181	10	-	-	PUNCT
ajfa-6021	181	11	scale	scale	NOUN
ajfa-6021	181	12	funds	fund	NOUN
ajfa-6021	181	13	table	table	NOUN
ajfa-6021	181	14	3	3	NUM
ajfa-6021	181	15	indicates	indicate	VERB
ajfa-6021	181	16	that	that	SCONJ
ajfa-6021	181	17	the	the	DET
ajfa-6021	181	18	regression	regression	NOUN
ajfa-6021	181	19	results	result	VERB
ajfa-6021	181	20	for	for	ADP
ajfa-6021	181	21	group	group	NOUN
ajfa-6021	181	22	b	b	PROPN
ajfa-6021	181	23	show	show	VERB
ajfa-6021	181	24	a	a	DET
ajfa-6021	181	25	significant	significant	ADJ
ajfa-6021	181	26	and	and	CCONJ
ajfa-6021	181	27	positive	positive	ADJ
ajfa-6021	181	28	correlation	correlation	NOUN
ajfa-6021	181	29	for	for	ADP
ajfa-6021	181	30	quantiles	quantile	NOUN
ajfa-6021	181	31	0.1	0.1	NUM
ajfa-6021	181	32	to	to	PART
ajfa-6021	181	33	0.9	0.9	NUM
ajfa-6021	181	34	.	.	PUNCT
ajfa-6021	182	1	this	this	PRON
ajfa-6021	182	2	indicates	indicate	VERB
ajfa-6021	182	3	that	that	SCONJ
ajfa-6021	182	4	when	when	SCONJ
ajfa-6021	182	5	insured	insured	ADJ
ajfa-6021	182	6	investors	investor	NOUN
ajfa-6021	182	7	redeemed	redeem	VERB
ajfa-6021	182	8	funds	fund	NOUN
ajfa-6021	182	9	,	,	PUNCT
ajfa-6021	182	10	they	they	PRON
ajfa-6021	182	11	not	not	PART
ajfa-6021	182	12	only	only	ADV
ajfa-6021	182	13	redeemed	redeem	VERB
ajfa-6021	182	14	funds	fund	NOUN
ajfa-6021	182	15	with	with	ADP
ajfa-6021	182	16	unsatisfactory	unsatisfactory	ADJ
ajfa-6021	182	17	performance	performance	NOUN
ajfa-6021	182	18	,	,	PUNCT
ajfa-6021	182	19	but	but	CCONJ
ajfa-6021	182	20	they	they	PRON
ajfa-6021	182	21	also	also	ADV
ajfa-6021	182	22	took	take	VERB
ajfa-6021	182	23	profit	profit	NOUN
ajfa-6021	182	24	from	from	ADP
ajfa-6021	182	25	funds	fund	NOUN
ajfa-6021	182	26	with	with	ADP
ajfa-6021	182	27	superior	superior	ADJ
ajfa-6021	182	28	performance	performance	NOUN
ajfa-6021	182	29	.	.	PUNCT
ajfa-6021	183	1	the	the	DET
ajfa-6021	183	2	redemption	redemption	NOUN
ajfa-6021	183	3	amounts	amount	VERB
ajfa-6021	183	4	of	of	ADP
ajfa-6021	183	5	group	group	NOUN
ajfa-6021	183	6	c	c	PROPN
ajfa-6021	183	7	were	be	AUX
ajfa-6021	183	8	significant	significant	ADJ
ajfa-6021	183	9	for	for	ADP
ajfa-6021	183	10	quantiles	quantile	NOUN
ajfa-6021	183	11	0.2	0.2	NUM
ajfa-6021	183	12	to	to	PART
ajfa-6021	183	13	0.9	0.9	NUM
ajfa-6021	183	14	under	under	ADP
ajfa-6021	183	15	every	every	DET
ajfa-6021	183	16	conditional	conditional	ADJ
ajfa-6021	183	17	distribution	distribution	NOUN
ajfa-6021	183	18	.	.	PUNCT
ajfa-6021	184	1	this	this	PRON
ajfa-6021	184	2	indicates	indicate	VERB
ajfa-6021	184	3	that	that	SCONJ
ajfa-6021	184	4	fund	fund	NOUN
ajfa-6021	184	5	investors	investor	NOUN
ajfa-6021	184	6	tended	tend	VERB
ajfa-6021	184	7	to	to	PART
ajfa-6021	184	8	redeem	redeem	VERB
ajfa-6021	184	9	funds	fund	NOUN
ajfa-6021	184	10	with	with	ADP
ajfa-6021	184	11	strong	strong	ADJ
ajfa-6021	184	12	performance	performance	NOUN
ajfa-6021	184	13	vigorously	vigorously	ADV
ajfa-6021	184	14	.	.	PUNCT
ajfa-6021	185	1	quantiles	quantile	NOUN
ajfa-6021	185	2	0.1	0.1	NUM
ajfa-6021	185	3	to	to	PART
ajfa-6021	185	4	0.9	0.9	NUM
ajfa-6021	185	5	were	be	AUX
ajfa-6021	185	6	statistically	statistically	ADV
ajfa-6021	185	7	significant	significant	ADJ
ajfa-6021	185	8	for	for	ADP
ajfa-6021	185	9	the	the	DET
ajfa-6021	185	10	fund	fund	NOUN
ajfa-6021	185	11	outflows	outflow	NOUN
ajfa-6021	185	12	and	and	CCONJ
ajfa-6021	185	13	fund	fund	NOUN
ajfa-6021	185	14	expense	expense	NOUN
ajfa-6021	185	15	ratios	ratio	NOUN
ajfa-6021	185	16	of	of	ADP
ajfa-6021	185	17	group	group	PROPN
ajfa-6021	185	18	b.	b.	PROPN
ajfa-6021	186	1	this	this	PRON
ajfa-6021	186	2	indicates	indicate	VERB
ajfa-6021	186	3	that	that	SCONJ
ajfa-6021	186	4	the	the	DET
ajfa-6021	186	5	insured	insured	ADJ
ajfa-6021	186	6	investors	investor	NOUN
ajfa-6021	186	7	of	of	ADP
ajfa-6021	186	8	small	small	ADJ
ajfa-6021	186	9	-	-	PUNCT
ajfa-6021	186	10	scale	scale	NOUN
ajfa-6021	186	11	funds	fund	NOUN
ajfa-6021	186	12	preferred	prefer	VERB
ajfa-6021	186	13	funds	fund	NOUN
ajfa-6021	186	14	with	with	ADP
ajfa-6021	186	15	high	high	ADJ
ajfa-6021	186	16	expenses	expense	NOUN
ajfa-6021	186	17	ratios	ratio	NOUN
ajfa-6021	186	18	when	when	SCONJ
ajfa-6021	186	19	redeeming	redeem	VERB
ajfa-6021	186	20	funds	fund	NOUN
ajfa-6021	186	21	.	.	PUNCT
ajfa-6021	187	1	the	the	DET
ajfa-6021	187	2	fund	fund	NOUN
ajfa-6021	187	3	outflows	outflow	NOUN
ajfa-6021	187	4	and	and	CCONJ
ajfa-6021	187	5	fund	fund	NOUN
ajfa-6021	187	6	expense	expense	NOUN
ajfa-6021	187	7	ratios	ratio	NOUN
ajfa-6021	187	8	of	of	ADP
ajfa-6021	187	9	group	group	NOUN
ajfa-6021	187	10	c	c	PROPN
ajfa-6021	187	11	were	be	AUX
ajfa-6021	187	12	statistically	statistically	ADV
ajfa-6021	187	13	significant	significant	ADJ
ajfa-6021	187	14	at	at	ADP
ajfa-6021	187	15	quantiles	quantile	NOUN
ajfa-6021	187	16	0.2	0.2	NUM
ajfa-6021	187	17	to	to	PART
ajfa-6021	187	18	0.9	0.9	NUM
ajfa-6021	187	19	.	.	PUNCT
ajfa-6021	188	1	this	this	PRON
ajfa-6021	188	2	indicates	indicate	VERB
ajfa-6021	188	3	that	that	SCONJ
ajfa-6021	188	4	investors	investor	NOUN
ajfa-6021	188	5	preferred	prefer	VERB
ajfa-6021	188	6	to	to	ADP
ajfa-6021	188	7	asian	asian	ADJ
ajfa-6021	188	8	journal	journal	PROPN
ajfa-6021	188	9	of	of	ADP
ajfa-6021	188	10	finance	finance	PROPN
ajfa-6021	188	11	&	&	CCONJ
ajfa-6021	188	12	accounting	accounting	PROPN
ajfa-6021	188	13	issn	issn	PROPN
ajfa-6021	188	14	1946	1946	NUM
ajfa-6021	188	15	-	-	PUNCT
ajfa-6021	188	16	052x	052x	NOUN
ajfa-6021	188	17	2015	2015	NUM
ajfa-6021	188	18	,	,	PUNCT
ajfa-6021	188	19	vol	vol	NOUN
ajfa-6021	188	20	.	.	PROPN
ajfa-6021	188	21	7	7	NUM
ajfa-6021	188	22	,	,	PUNCT
ajfa-6021	188	23	no	no	INTJ
ajfa-6021	188	24	.	.	NOUN
ajfa-6021	188	25	1	1	NUM
ajfa-6021	188	26	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	188	27	10	10	NUM
ajfa-6021	188	28	redeem	redeem	VERB
ajfa-6021	188	29	funds	fund	NOUN
ajfa-6021	188	30	with	with	ADP
ajfa-6021	188	31	high	high	ADJ
ajfa-6021	188	32	expense	expense	NOUN
ajfa-6021	188	33	ratios	ratio	NOUN
ajfa-6021	188	34	when	when	SCONJ
ajfa-6021	188	35	redeeming	redeem	VERB
ajfa-6021	188	36	funds	fund	NOUN
ajfa-6021	188	37	.	.	PUNCT
ajfa-6021	189	1	these	these	DET
ajfa-6021	189	2	results	result	NOUN
ajfa-6021	189	3	are	be	AUX
ajfa-6021	189	4	identical	identical	ADJ
ajfa-6021	189	5	to	to	ADP
ajfa-6021	189	6	those	those	PRON
ajfa-6021	189	7	of	of	ADP
ajfa-6021	189	8	group	group	NOUN
ajfa-6021	189	9	b	b	PROPN
ajfa-6021	189	10	,	,	PUNCT
ajfa-6021	189	11	indicating	indicate	VERB
ajfa-6021	189	12	that	that	SCONJ
ajfa-6021	189	13	regardless	regardless	ADV
ajfa-6021	189	14	of	of	ADP
ajfa-6021	189	15	whether	whether	SCONJ
ajfa-6021	189	16	investors	investor	NOUN
ajfa-6021	189	17	were	be	AUX
ajfa-6021	189	18	insured	insure	VERB
ajfa-6021	189	19	,	,	PUNCT
ajfa-6021	189	20	their	their	PRON
ajfa-6021	189	21	redemptions	redemption	NOUN
ajfa-6021	189	22	influenced	influence	VERB
ajfa-6021	189	23	fund	fund	NOUN
ajfa-6021	189	24	expense	expense	NOUN
ajfa-6021	189	25	ratios	ratio	NOUN
ajfa-6021	189	26	.	.	PUNCT
ajfa-6021	190	1	in	in	ADP
ajfa-6021	190	2	group	group	PROPN
ajfa-6021	190	3	b	b	PROPN
ajfa-6021	190	4	,	,	PUNCT
ajfa-6021	190	5	fund	fund	NOUN
ajfa-6021	190	6	outflows	outflow	NOUN
ajfa-6021	190	7	and	and	CCONJ
ajfa-6021	190	8	fund	fund	NOUN
ajfa-6021	190	9	turnover	turnover	NOUN
ajfa-6021	190	10	were	be	AUX
ajfa-6021	190	11	statistically	statistically	ADV
ajfa-6021	190	12	significant	significant	ADJ
ajfa-6021	190	13	for	for	ADP
ajfa-6021	190	14	quantiles	quantile	NOUN
ajfa-6021	190	15	0.1	0.1	NUM
ajfa-6021	190	16	and	and	CCONJ
ajfa-6021	190	17	0.3	0.3	NUM
ajfa-6021	190	18	to	to	PART
ajfa-6021	190	19	0.8	0.8	NUM
ajfa-6021	190	20	.	.	PUNCT
ajfa-6021	191	1	increased	increase	VERB
ajfa-6021	191	2	turnover	turnover	NOUN
ajfa-6021	191	3	was	be	AUX
ajfa-6021	191	4	associated	associate	VERB
ajfa-6021	191	5	with	with	ADP
ajfa-6021	191	6	increased	increase	VERB
ajfa-6021	191	7	fund	fund	NOUN
ajfa-6021	191	8	outflows	outflow	NOUN
ajfa-6021	191	9	.	.	PUNCT
ajfa-6021	192	1	this	this	PRON
ajfa-6021	192	2	indicates	indicate	VERB
ajfa-6021	192	3	that	that	SCONJ
ajfa-6021	192	4	insured	insured	ADJ
ajfa-6021	192	5	investors	investor	NOUN
ajfa-6021	192	6	vigorously	vigorously	ADV
ajfa-6021	192	7	converted	convert	VERB
ajfa-6021	192	8	their	their	PRON
ajfa-6021	192	9	portfolios	portfolio	NOUN
ajfa-6021	192	10	of	of	ADP
ajfa-6021	192	11	investment	investment	NOUN
ajfa-6021	192	12	targets	target	NOUN
ajfa-6021	192	13	.	.	PUNCT
ajfa-6021	193	1	in	in	ADP
ajfa-6021	193	2	group	group	NOUN
ajfa-6021	193	3	c	c	PROPN
ajfa-6021	193	4	,	,	PUNCT
ajfa-6021	193	5	fund	fund	NOUN
ajfa-6021	193	6	outflows	outflow	NOUN
ajfa-6021	193	7	and	and	CCONJ
ajfa-6021	193	8	fund	fund	NOUN
ajfa-6021	193	9	turnover	turnover	NOUN
ajfa-6021	193	10	were	be	AUX
ajfa-6021	193	11	statistically	statistically	ADV
ajfa-6021	193	12	significant	significant	ADJ
ajfa-6021	193	13	only	only	ADV
ajfa-6021	193	14	when	when	SCONJ
ajfa-6021	193	15	fund	fund	NOUN
ajfa-6021	193	16	outflows	outflow	NOUN
ajfa-6021	193	17	were	be	AUX
ajfa-6021	193	18	weak	weak	ADJ
ajfa-6021	193	19	(	(	PUNCT
ajfa-6021	193	20	quantiles	quantile	NOUN
ajfa-6021	193	21	0.1	0.1	NUM
ajfa-6021	193	22	to	to	ADP
ajfa-6021	193	23	0.3	0.3	NUM
ajfa-6021	193	24	)	)	PUNCT
ajfa-6021	193	25	.	.	PUNCT
ajfa-6021	194	1	in	in	ADP
ajfa-6021	194	2	addition	addition	NOUN
ajfa-6021	194	3	,	,	PUNCT
ajfa-6021	194	4	increases	increase	NOUN
ajfa-6021	194	5	in	in	ADP
ajfa-6021	194	6	fund	fund	NOUN
ajfa-6021	194	7	outflow	outflow	NOUN
ajfa-6021	194	8	did	do	AUX
ajfa-6021	194	9	not	not	PART
ajfa-6021	194	10	influence	influence	VERB
ajfa-6021	194	11	the	the	DET
ajfa-6021	194	12	sensitivity	sensitivity	NOUN
ajfa-6021	194	13	of	of	ADP
ajfa-6021	194	14	flows	flow	NOUN
ajfa-6021	194	15	and	and	CCONJ
ajfa-6021	194	16	turnover	turnover	NOUN
ajfa-6021	194	17	.	.	PUNCT
ajfa-6021	195	1	table	table	NOUN
ajfa-6021	195	2	3	3	NUM
ajfa-6021	195	3	.	.	PUNCT
ajfa-6021	195	4	fund	fund	NOUN
ajfa-6021	195	5	outflows	outflow	NOUN
ajfa-6021	195	6	and	and	CCONJ
ajfa-6021	195	7	operating	operating	NOUN
ajfa-6021	195	8	characteristics	characteristic	NOUN
ajfa-6021	195	9	sensitivity	sensitivity	NOUN
ajfa-6021	195	10	of	of	ADP
ajfa-6021	195	11	fund	fund	NOUN
ajfa-6021	195	12	size	size	NOUN
ajfa-6021	195	13	for	for	ADP
ajfa-6021	195	14	group	group	NOUN
ajfa-6021	195	15	b	b	PROPN
ajfa-6021	195	16	and	and	CCONJ
ajfa-6021	195	17	c.	c.	PROPN
ajfa-6021	195	18	outflows	outflow	VERB
ajfa-6021	195	19	large	large	ADJ
ajfa-6021	195	20	group	group	NOUN
ajfa-6021	195	21	b	b	PROPN
ajfa-6021	195	22	large	large	ADJ
ajfa-6021	195	23	group	group	NOUN
ajfa-6021	195	24	c	c	PROPN
ajfa-6021	195	25	small	small	PROPN
ajfa-6021	195	26	group	group	PROPN
ajfa-6021	195	27	b	b	PROPN
ajfa-6021	195	28	small	small	ADJ
ajfa-6021	195	29	group	group	NOUN
ajfa-6021	195	30	c	c	PROPN
ajfa-6021	195	31	quantiles	quantile	NOUN
ajfa-6021	195	32	estimated	estimate	VERB
ajfa-6021	195	33	coefficients	coefficient	NOUN
ajfa-6021	195	34	t	t	PROPN
ajfa-6021	195	35	value	value	NOUN
ajfa-6021	195	36	estimated	estimate	VERB
ajfa-6021	195	37	coefficients	coefficient	NOUN
ajfa-6021	195	38	t	t	NOUN
ajfa-6021	195	39	value	value	NOUN
ajfa-6021	195	40	estimated	estimate	VERB
ajfa-6021	195	41	coefficients	coefficient	NOUN
ajfa-6021	195	42	t	t	NOUN
ajfa-6021	195	43	value	value	NOUN
ajfa-6021	195	44	estimated	estimate	VERB
ajfa-6021	195	45	coefficients	coefficient	NOUN
ajfa-6021	195	46	t	t	PROPN
ajfa-6021	195	47	value	value	NOUN
ajfa-6021	195	48	jensen	jensen	PROPN
ajfa-6021	195	49	0.1	0.1	NUM
ajfa-6021	195	50	0.009	0.009	NUM
ajfa-6021	195	51	*	*	NUM
ajfa-6021	195	52	1.95	1.95	NUM
ajfa-6021	195	53	0.0020.54	0.0020.54	NOUN
ajfa-6021	196	1	0.012	0.012	NUM
ajfa-6021	196	2	*	*	NOUN
ajfa-6021	196	3	*	*	PUNCT
ajfa-6021	196	4	*	*	PROPN
ajfa-6021	196	5	3.19	3.19	NUM
ajfa-6021	196	6	0.0081.31	0.0081.31	NUM
ajfa-6021	196	7	0.2	0.2	NUM
ajfa-6021	196	8	0.016	0.016	NUM
ajfa-6021	196	9	*	*	PUNCT
ajfa-6021	196	10	*	*	PUNCT
ajfa-6021	196	11	*	*	PUNCT
ajfa-6021	196	12	2.77	2.77	NUM
ajfa-6021	196	13	0.0061.49	0.0061.49	NUM
ajfa-6021	196	14	0.014	0.014	NUM
ajfa-6021	196	15	*	*	NOUN
ajfa-6021	196	16	*	*	PUNCT
ajfa-6021	196	17	*	*	PUNCT
ajfa-6021	196	18	2.63	2.63	NUM
ajfa-6021	196	19	0.009	0.009	NUM
ajfa-6021	196	20	*	*	NUM
ajfa-6021	196	21	1.69	1.69	NUM
ajfa-6021	196	22	0.3	0.3	NUM
ajfa-6021	196	23	0.019	0.019	NUM
ajfa-6021	196	24	*	*	PUNCT
ajfa-6021	196	25	*	*	PUNCT
ajfa-6021	196	26	*	*	PUNCT
ajfa-6021	196	27	4.26	4.26	NUM
ajfa-6021	196	28	0.01	0.01	NUM
ajfa-6021	196	29	*	*	PUNCT
ajfa-6021	196	30	*	*	PUNCT
ajfa-6021	196	31	2.11	2.11	NUM
ajfa-6021	196	32	0.019	0.019	NUM
ajfa-6021	196	33	*	*	PUNCT
ajfa-6021	196	34	*	*	PUNCT
ajfa-6021	196	35	*	*	PUNCT
ajfa-6021	196	36	3.46	3.46	NUM
ajfa-6021	196	37	0.012	0.012	NUM
ajfa-6021	196	38	*	*	PUNCT
ajfa-6021	196	39	*	*	PROPN
ajfa-6021	196	40	2.35	2.35	NUM
ajfa-6021	196	41	0.4	0.4	NUM
ajfa-6021	196	42	0.022	0.022	NUM
ajfa-6021	196	43	*	*	PUNCT
ajfa-6021	196	44	*	*	PUNCT
ajfa-6021	196	45	*	*	PUNCT
ajfa-6021	196	46	4.91	4.91	NUM
ajfa-6021	196	47	0.014	0.014	NUM
ajfa-6021	196	48	*	*	NOUN
ajfa-6021	196	49	*	*	PROPN
ajfa-6021	196	50	2.44	2.44	NUM
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ajfa-6021	196	52	*	*	PUNCT
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ajfa-6021	196	54	*	*	PUNCT
ajfa-6021	196	55	4.33	4.33	NUM
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ajfa-6021	196	59	2.10	2.10	NUM
ajfa-6021	196	60	0.5	0.5	NUM
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ajfa-6021	196	62	*	*	PUNCT
ajfa-6021	196	63	*	*	PUNCT
ajfa-6021	196	64	*	*	PUNCT
ajfa-6021	196	65	6.31	6.31	NUM
ajfa-6021	196	66	0.013	0.013	NUM
ajfa-6021	196	67	*	*	PUNCT
ajfa-6021	196	68	1.96	1.96	NUM
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ajfa-6021	196	70	*	*	PUNCT
ajfa-6021	196	71	*	*	PUNCT
ajfa-6021	196	72	*	*	PUNCT
ajfa-6021	196	73	4.70	4.70	NUM
ajfa-6021	196	74	0.017	0.017	NUM
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ajfa-6021	196	80	*	*	PUNCT
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ajfa-6021	196	82	*	*	PUNCT
ajfa-6021	196	83	7.14	7.14	NUM
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ajfa-6021	196	85	*	*	PUNCT
ajfa-6021	196	86	*	*	PUNCT
ajfa-6021	196	87	2.14	2.14	NUM
ajfa-6021	196	88	0.025	0.025	NUM
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ajfa-6021	196	90	*	*	PUNCT
ajfa-6021	196	91	*	*	PUNCT
ajfa-6021	196	92	3.51	3.51	NUM
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ajfa-6021	196	94	*	*	PUNCT
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ajfa-6021	196	96	2.10	2.10	NUM
ajfa-6021	196	97	0.7	0.7	NUM
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ajfa-6021	196	99	*	*	PUNCT
ajfa-6021	196	100	*	*	PUNCT
ajfa-6021	196	101	*	*	PUNCT
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ajfa-6021	196	105	*	*	PUNCT
ajfa-6021	196	106	2.14	2.14	NUM
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ajfa-6021	196	108	*	*	PUNCT
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ajfa-6021	196	110	*	*	PUNCT
ajfa-6021	196	111	4.44	4.44	NUM
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ajfa-6021	196	118	*	*	PUNCT
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ajfa-6021	196	120	*	*	PUNCT
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ajfa-6021	196	124	*	*	PUNCT
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ajfa-6021	196	126	*	*	PUNCT
ajfa-6021	196	127	6.28	6.28	NUM
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ajfa-6021	196	129	*	*	PUNCT
ajfa-6021	196	130	*	*	PUNCT
ajfa-6021	196	131	*	*	PUNCT
ajfa-6021	196	132	2.96	2.96	NUM
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ajfa-6021	196	137	*	*	PUNCT
ajfa-6021	196	138	5.44	5.44	NUM
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ajfa-6021	196	143	*	*	PUNCT
ajfa-6021	196	144	3.87	3.87	NUM
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ajfa-6021	196	147	*	*	PUNCT
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ajfa-6021	196	150	exp	exp	NOUN
ajfa-6021	196	151	.	.	PROPN
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ajfa-6021	196	169	*	*	PUNCT
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ajfa-6021	196	173	*	*	PROPN
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ajfa-6021	196	189	*	*	PUNCT
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ajfa-6021	196	194	*	*	PUNCT
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ajfa-6021	196	200	4.96	4.96	NUM
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ajfa-6021	196	204	*	*	PUNCT
ajfa-6021	196	205	3.89	3.89	NUM
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ajfa-6021	196	210	*	*	PUNCT
ajfa-6021	196	211	4.07	4.07	NUM
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ajfa-6021	196	220	*	*	PUNCT
ajfa-6021	196	221	4.90	4.90	NUM
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ajfa-6021	197	17	-	-	SYM
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ajfa-6021	197	21	-	-	SYM
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ajfa-6021	197	37	-	-	SYM
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ajfa-6021	197	44	0.000	0.000	NUM
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ajfa-6021	197	49	-	-	SYM
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ajfa-6021	198	3	-	-	SYM
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ajfa-6021	198	11	-	-	SYM
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ajfa-6021	198	17	-	-	SYM
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ajfa-6021	198	21	-	-	PUNCT
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ajfa-6021	198	42	1.88	1.88	NUM
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ajfa-6021	198	50	0.000	0.000	NUM
ajfa-6021	198	51	1.64	1.64	NUM
ajfa-6021	198	52	0.001	0.001	NUM
ajfa-6021	198	53	*	*	PUNCT
ajfa-6021	198	54	*	*	PUNCT
ajfa-6021	198	55	*	*	PUNCT
ajfa-6021	198	56	3.02	3.02	NUM
ajfa-6021	198	57	0.3	0.3	NUM
ajfa-6021	198	58	0.001	0.001	NUM
ajfa-6021	198	59	*	*	PUNCT
ajfa-6021	198	60	*	*	NOUN
ajfa-6021	198	61	2.33	2.33	NUM
ajfa-6021	198	62	0.000	0.000	NUM
ajfa-6021	198	63	-0.52	-0.52	NUM
ajfa-6021	198	64	0.001	0.001	NUM
ajfa-6021	198	65	*	*	NOUN
ajfa-6021	198	66	1.69	1.69	NUM
ajfa-6021	198	67	0.000	0.000	NUM
ajfa-6021	198	68	*	*	PUNCT
ajfa-6021	198	69	1.92	1.92	NUM
ajfa-6021	198	70	0.4	0.4	NUM
ajfa-6021	198	71	0.001	0.001	NUM
ajfa-6021	198	72	*	*	PUNCT
ajfa-6021	198	73	*	*	PUNCT
ajfa-6021	198	74	1.98	1.98	NUM
ajfa-6021	198	75	0.000	0.000	NUM
ajfa-6021	198	76	-0.76	-0.76	NUM
ajfa-6021	198	77	0.001	0.001	NUM
ajfa-6021	198	78	*	*	PUNCT
ajfa-6021	198	79	*	*	PUNCT
ajfa-6021	198	80	1.99	1.99	NUM
ajfa-6021	198	81	0.000	0.000	NUM
ajfa-6021	198	82	1.38	1.38	NUM
ajfa-6021	198	83	asian	asian	ADJ
ajfa-6021	198	84	journal	journal	NOUN
ajfa-6021	198	85	of	of	ADP
ajfa-6021	198	86	finance	finance	PROPN
ajfa-6021	198	87	&	&	CCONJ
ajfa-6021	198	88	accounting	accounting	PROPN
ajfa-6021	198	89	issn	issn	PROPN
ajfa-6021	198	90	1946	1946	NUM
ajfa-6021	198	91	-	-	PUNCT
ajfa-6021	198	92	052x	052x	NOUN
ajfa-6021	198	93	2015	2015	NUM
ajfa-6021	198	94	,	,	PUNCT
ajfa-6021	198	95	vol	vol	NOUN
ajfa-6021	198	96	.	.	PROPN
ajfa-6021	198	97	7	7	NUM
ajfa-6021	198	98	,	,	PUNCT
ajfa-6021	198	99	no	no	INTJ
ajfa-6021	198	100	.	.	NOUN
ajfa-6021	198	101	1	1	NUM
ajfa-6021	198	102	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	198	103	11	11	NUM
ajfa-6021	198	104	0.5	0.5	NUM
ajfa-6021	198	105	0.001	0.001	NUM
ajfa-6021	198	106	*	*	PUNCT
ajfa-6021	198	107	*	*	PUNCT
ajfa-6021	198	108	*	*	PUNCT
ajfa-6021	198	109	2.67	2.67	NUM
ajfa-6021	198	110	0.000	0.000	NUM
ajfa-6021	198	111	-0.60	-0.60	NUM
ajfa-6021	198	112	0.001	0.001	NUM
ajfa-6021	198	113	*	*	PUNCT
ajfa-6021	198	114	*	*	PUNCT
ajfa-6021	198	115	2.38	2.38	NUM
ajfa-6021	198	116	0.000	0.000	NUM
ajfa-6021	198	117	1.25	1.25	NUM
ajfa-6021	198	118	0.6	0.6	NUM
ajfa-6021	198	119	0.001	0.001	NUM
ajfa-6021	198	120	*	*	NOUN
ajfa-6021	198	121	*	*	PROPN
ajfa-6021	198	122	2.19	2.19	NUM
ajfa-6021	198	123	-0.001	-0.001	NUM
ajfa-6021	198	124	-	-	SYM
ajfa-6021	198	125	0.65	0.65	NUM
ajfa-6021	198	126	0.001	0.001	NUM
ajfa-6021	198	127	*	*	NOUN
ajfa-6021	198	128	*	*	PROPN
ajfa-6021	198	129	2.26	2.26	NUM
ajfa-6021	198	130	0.0011.49	0.0011.49	ADP
ajfa-6021	198	131	0.7	0.7	NUM
ajfa-6021	198	132	0.001	0.001	NUM
ajfa-6021	198	133	*	*	PUNCT
ajfa-6021	198	134	*	*	PUNCT
ajfa-6021	198	135	2.58	2.58	NUM
ajfa-6021	198	136	0.000	0.000	NUM
ajfa-6021	198	137	-0.19	-0.19	NOUN
ajfa-6021	198	138	0.002	0.002	NUM
ajfa-6021	198	139	*	*	PUNCT
ajfa-6021	198	140	*	*	PUNCT
ajfa-6021	198	141	*	*	PUNCT
ajfa-6021	198	142	3.28	3.28	NUM
ajfa-6021	198	143	0.000	0.000	NUM
ajfa-6021	198	144	0.52	0.52	NUM
ajfa-6021	198	145	0.8	0.8	NUM
ajfa-6021	198	146	0.001	0.001	NUM
ajfa-6021	198	147	*	*	SYM
ajfa-6021	198	148	1.67	1.67	NUM
ajfa-6021	198	149	-0.001	-0.001	NOUN
ajfa-6021	198	150	-	-	SYM
ajfa-6021	198	151	0.60	0.60	NUM
ajfa-6021	198	152	0.001	0.001	NUM
ajfa-6021	198	153	*	*	PUNCT
ajfa-6021	198	154	*	*	PUNCT
ajfa-6021	198	155	2.16	2.16	NUM
ajfa-6021	198	156	0.002	0.002	NUM
ajfa-6021	198	157	*	*	PUNCT
ajfa-6021	198	158	*	*	PUNCT
ajfa-6021	198	159	2.00	2.00	NUM
ajfa-6021	198	160	0.9	0.9	NUM
ajfa-6021	198	161	0.002	0.002	NUM
ajfa-6021	198	162	*	*	PUNCT
ajfa-6021	198	163	*	*	PUNCT
ajfa-6021	198	164	2.03	2.03	NUM
ajfa-6021	198	165	0.000	0.000	NUM
ajfa-6021	198	166	0.16	0.16	NUM
ajfa-6021	199	1	0.0011.17	0.0011.17	NUM
ajfa-6021	199	2	0.0011.63	0.0011.63	X
ajfa-6021	199	3	r	r	X
ajfa-6021	199	4	-	-	PUNCT
ajfa-6021	199	5	square	square	NOUN
ajfa-6021	199	6	0.168	0.168	NUM
ajfa-6021	199	7	0.044	0.044	NUM
ajfa-6021	199	8	0.125	0.125	NUM
ajfa-6021	199	9	0.059	0.059	NUM
ajfa-6021	199	10	note	note	NOUN
ajfa-6021	199	11	:	:	PUNCT
ajfa-6021	199	12	we	we	PRON
ajfa-6021	199	13	obtained	obtain	VERB
ajfa-6021	199	14	our	our	PRON
ajfa-6021	199	15	samples	sample	NOUN
ajfa-6021	199	16	from	from	ADP
ajfa-6021	199	17	the	the	DET
ajfa-6021	199	18	tej	tej	NOUN
ajfa-6021	199	19	database	database	NOUN
ajfa-6021	199	20	.	.	PUNCT
ajfa-6021	200	1	the	the	DET
ajfa-6021	200	2	sample	sample	NOUN
ajfa-6021	200	3	data	datum	NOUN
ajfa-6021	200	4	were	be	AUX
ajfa-6021	200	5	from	from	ADP
ajfa-6021	200	6	january	january	PROPN
ajfa-6021	200	7	1	1	NUM
ajfa-6021	200	8	,	,	PUNCT
ajfa-6021	200	9	2001	2001	NUM
ajfa-6021	200	10	to	to	ADP
ajfa-6021	200	11	december	december	PROPN
ajfa-6021	200	12	31	31	NUM
ajfa-6021	200	13	,	,	PUNCT
ajfa-6021	200	14	2012	2012	NUM
ajfa-6021	200	15	.	.	PUNCT
ajfa-6021	201	1	group	group	PROPN
ajfa-6021	201	2	a	a	DET
ajfa-6021	201	3	comprised	comprise	VERB
ajfa-6021	201	4	overall	overall	ADJ
ajfa-6021	201	5	domestic	domestic	ADJ
ajfa-6021	201	6	stock	stock	NOUN
ajfa-6021	201	7	fund	fund	NOUN
ajfa-6021	201	8	investors	investor	NOUN
ajfa-6021	201	9	,	,	PUNCT
ajfa-6021	201	10	group	group	PROPN
ajfa-6021	201	11	b	b	PROPN
ajfa-6021	201	12	comprised	comprise	VERB
ajfa-6021	201	13	insured	insured	ADJ
ajfa-6021	201	14	investors	investor	NOUN
ajfa-6021	201	15	,	,	PUNCT
ajfa-6021	201	16	and	and	CCONJ
ajfa-6021	201	17	group	group	NOUN
ajfa-6021	201	18	c	c	PROPN
ajfa-6021	201	19	comprised	comprise	VERB
ajfa-6021	201	20	noninsured	noninsure	VERB
ajfa-6021	201	21	investors	investor	NOUN
ajfa-6021	201	22	.	.	PUNCT
ajfa-6021	202	1	the	the	DET
ajfa-6021	202	2	variables	variable	NOUN
ajfa-6021	202	3	include	include	VERB
ajfa-6021	202	4	jensen	jensen	PROPN
ajfa-6021	202	5	,	,	PUNCT
ajfa-6021	202	6	exp	exp	NOUN
ajfa-6021	202	7	.	.	PROPN
ajfa-6021	202	8	,	,	PUNCT
ajfa-6021	202	9	risk	risk	NOUN
ajfa-6021	202	10	,	,	PUNCT
ajfa-6021	202	11	and	and	CCONJ
ajfa-6021	202	12	turnover	turnover	NOUN
ajfa-6021	202	13	.	.	PUNCT
ajfa-6021	203	1	the	the	DET
ajfa-6021	203	2	significance	significance	NOUN
ajfa-6021	203	3	levels	level	NOUN
ajfa-6021	203	4	of	of	ADP
ajfa-6021	203	5	10	10	NUM
ajfa-6021	203	6	%	%	NOUN
ajfa-6021	203	7	,	,	PUNCT
ajfa-6021	203	8	5	5	NUM
ajfa-6021	203	9	%	%	NOUN
ajfa-6021	203	10	,	,	PUNCT
ajfa-6021	203	11	and	and	CCONJ
ajfa-6021	203	12	1	1	NUM
ajfa-6021	203	13	%	%	NOUN
ajfa-6021	203	14	are	be	AUX
ajfa-6021	203	15	signified	signify	VERB
ajfa-6021	203	16	by	by	ADP
ajfa-6021	203	17	*	*	NOUN
ajfa-6021	203	18	,	,	PUNCT
ajfa-6021	203	19	*	*	PUNCT
ajfa-6021	203	20	*	*	PUNCT
ajfa-6021	203	21	,	,	PUNCT
ajfa-6021	203	22	and	and	CCONJ
ajfa-6021	203	23	*	*	PUNCT
ajfa-6021	203	24	*	*	PUNCT
ajfa-6021	203	25	*	*	NOUN
ajfa-6021	203	26	.	.	PROPN
ajfa-6021	204	1	5	5	X
ajfa-6021	204	2	.	.	X
ajfa-6021	204	3	conclusion	conclusion	VERB
ajfa-6021	204	4	the	the	DET
ajfa-6021	204	5	relationship	relationship	NOUN
ajfa-6021	204	6	between	between	ADP
ajfa-6021	204	7	insured	insured	ADJ
ajfa-6021	204	8	investors	investor	NOUN
ajfa-6021	204	9	and	and	CCONJ
ajfa-6021	204	10	fund	fund	NOUN
ajfa-6021	204	11	scale	scale	NOUN
ajfa-6021	204	12	was	be	AUX
ajfa-6021	204	13	also	also	ADV
ajfa-6021	204	14	stronger	strong	ADJ
ajfa-6021	204	15	than	than	ADP
ajfa-6021	204	16	the	the	DET
ajfa-6021	204	17	relationship	relationship	NOUN
ajfa-6021	204	18	between	between	ADP
ajfa-6021	204	19	noninsured	noninsure	VERB
ajfa-6021	204	20	investors	investor	NOUN
ajfa-6021	204	21	and	and	CCONJ
ajfa-6021	204	22	fund	fund	NOUN
ajfa-6021	204	23	scale	scale	NOUN
ajfa-6021	204	24	.	.	PUNCT
ajfa-6021	205	1	this	this	PRON
ajfa-6021	205	2	is	be	AUX
ajfa-6021	205	3	consistent	consistent	ADJ
ajfa-6021	205	4	with	with	ADP
ajfa-6021	205	5	the	the	DET
ajfa-6021	205	6	results	result	NOUN
ajfa-6021	205	7	of	of	ADP
ajfa-6021	205	8	huang	huang	PROPN
ajfa-6021	205	9	et	et	PROPN
ajfa-6021	205	10	al	al	PROPN
ajfa-6021	205	11	.	.	PROPN
ajfa-6021	206	1	(	(	PUNCT
ajfa-6021	206	2	2007	2007	NUM
ajfa-6021	206	3	)	)	PUNCT
ajfa-6021	206	4	and	and	CCONJ
ajfa-6021	206	5	jank	jank	PROPN
ajfa-6021	206	6	and	and	CCONJ
ajfa-6021	206	7	michael	michael	PROPN
ajfa-6021	206	8	(	(	PUNCT
ajfa-6021	206	9	2013	2013	NUM
ajfa-6021	206	10	)	)	PUNCT
ajfa-6021	206	11	,	,	PUNCT
ajfa-6021	206	12	who	who	PRON
ajfa-6021	206	13	held	hold	VERB
ajfa-6021	206	14	that	that	SCONJ
ajfa-6021	206	15	the	the	DET
ajfa-6021	206	16	size	size	NOUN
ajfa-6021	206	17	of	of	ADP
ajfa-6021	206	18	fund	fund	NOUN
ajfa-6021	206	19	families	family	NOUN
ajfa-6021	206	20	influences	influence	VERB
ajfa-6021	206	21	the	the	DET
ajfa-6021	206	22	relationship	relationship	NOUN
ajfa-6021	206	23	between	between	ADP
ajfa-6021	206	24	fund	fund	NOUN
ajfa-6021	206	25	flows	flow	NOUN
ajfa-6021	206	26	and	and	CCONJ
ajfa-6021	206	27	funds	fund	NOUN
ajfa-6021	206	28	.	.	PUNCT
ajfa-6021	207	1	when	when	SCONJ
ajfa-6021	207	2	such	such	ADJ
ajfa-6021	207	3	relationship	relationship	NOUN
ajfa-6021	207	4	is	be	AUX
ajfa-6021	207	5	linked	link	VERB
ajfa-6021	207	6	with	with	ADP
ajfa-6021	207	7	large	large	ADJ
ajfa-6021	207	8	-	-	PUNCT
ajfa-6021	207	9	scale	scale	NOUN
ajfa-6021	207	10	fund	fund	NOUN
ajfa-6021	207	11	families	family	NOUN
ajfa-6021	207	12	,	,	PUNCT
ajfa-6021	207	13	an	an	DET
ajfa-6021	207	14	increased	increase	VERB
ajfa-6021	207	15	number	number	NOUN
ajfa-6021	207	16	of	of	ADP
ajfa-6021	207	17	net	net	ADJ
ajfa-6021	207	18	flows	flow	NOUN
ajfa-6021	207	19	are	be	AUX
ajfa-6021	207	20	attracted	attract	VERB
ajfa-6021	207	21	.	.	PUNCT
ajfa-6021	208	1	because	because	SCONJ
ajfa-6021	208	2	fund	fund	NOUN
ajfa-6021	208	3	size	size	NOUN
ajfa-6021	208	4	clearly	clearly	ADV
ajfa-6021	208	5	has	have	VERB
ajfa-6021	208	6	a	a	DET
ajfa-6021	208	7	varied	varied	ADJ
ajfa-6021	208	8	influence	influence	NOUN
ajfa-6021	208	9	on	on	ADP
ajfa-6021	208	10	the	the	DET
ajfa-6021	208	11	relationship	relationship	NOUN
ajfa-6021	208	12	between	between	ADP
ajfa-6021	208	13	flows	flow	NOUN
ajfa-6021	208	14	and	and	CCONJ
ajfa-6021	208	15	performance	performance	NOUN
ajfa-6021	208	16	,	,	PUNCT
ajfa-6021	208	17	we	we	PRON
ajfa-6021	208	18	categorized	categorize	VERB
ajfa-6021	208	19	the	the	DET
ajfa-6021	208	20	samples	sample	NOUN
ajfa-6021	208	21	to	to	PART
ajfa-6021	208	22	analyze	analyze	VERB
ajfa-6021	208	23	whether	whether	SCONJ
ajfa-6021	208	24	fund	fund	NOUN
ajfa-6021	208	25	inflows	inflow	NOUN
ajfa-6021	208	26	and	and	CCONJ
ajfa-6021	208	27	fund	fund	NOUN
ajfa-6021	208	28	outflows	outflow	NOUN
ajfa-6021	208	29	varied	varied	ADJ
ajfa-6021	208	30	in	in	ADP
ajfa-6021	208	31	different	different	ADJ
ajfa-6021	208	32	fund	fund	NOUN
ajfa-6021	208	33	types	type	NOUN
ajfa-6021	208	34	among	among	ADP
ajfa-6021	208	35	different	different	ADJ
ajfa-6021	208	36	groups	group	NOUN
ajfa-6021	208	37	of	of	ADP
ajfa-6021	208	38	investors	investor	NOUN
ajfa-6021	208	39	.	.	PUNCT
ajfa-6021	209	1	we	we	PRON
ajfa-6021	209	2	found	find	VERB
ajfa-6021	209	3	that	that	SCONJ
ajfa-6021	209	4	the	the	DET
ajfa-6021	209	5	relationship	relationship	NOUN
ajfa-6021	209	6	between	between	ADP
ajfa-6021	209	7	fund	fund	NOUN
ajfa-6021	209	8	inflows	inflow	NOUN
ajfa-6021	209	9	and	and	CCONJ
ajfa-6021	209	10	fund	fund	NOUN
ajfa-6021	209	11	performance	performance	NOUN
ajfa-6021	209	12	was	be	AUX
ajfa-6021	209	13	stronger	strong	ADJ
ajfa-6021	209	14	among	among	ADP
ajfa-6021	209	15	the	the	DET
ajfa-6021	209	16	insured	insure	VERB
ajfa-6021	209	17	investors	investor	NOUN
ajfa-6021	209	18	of	of	ADP
ajfa-6021	209	19	both	both	CCONJ
ajfa-6021	209	20	large	large	ADJ
ajfa-6021	209	21	-	-	PUNCT
ajfa-6021	209	22	scale	scale	NOUN
ajfa-6021	209	23	and	and	CCONJ
ajfa-6021	209	24	small	small	ADJ
ajfa-6021	209	25	-	-	PUNCT
ajfa-6021	209	26	scale	scale	NOUN
ajfa-6021	209	27	funds	fund	NOUN
ajfa-6021	209	28	than	than	SCONJ
ajfa-6021	209	29	it	it	PRON
ajfa-6021	209	30	was	be	AUX
ajfa-6021	209	31	among	among	ADP
ajfa-6021	209	32	the	the	DET
ajfa-6021	209	33	noninsured	noninsure	VERB
ajfa-6021	209	34	investors	investor	NOUN
ajfa-6021	209	35	.	.	PUNCT
ajfa-6021	210	1	in	in	ADP
ajfa-6021	210	2	addition	addition	NOUN
ajfa-6021	210	3	,	,	PUNCT
ajfa-6021	210	4	deferred	defer	VERB
ajfa-6021	210	5	compensation	compensation	NOUN
ajfa-6021	210	6	rates	rate	NOUN
ajfa-6021	210	7	also	also	ADV
ajfa-6021	210	8	influenced	influence	VERB
ajfa-6021	210	9	the	the	DET
ajfa-6021	210	10	purchases	purchase	NOUN
ajfa-6021	210	11	and	and	CCONJ
ajfa-6021	210	12	redemptions	redemption	NOUN
ajfa-6021	210	13	of	of	ADP
ajfa-6021	210	14	the	the	DET
ajfa-6021	210	15	insured	insured	ADJ
ajfa-6021	210	16	investors	investor	NOUN
ajfa-6021	210	17	of	of	ADP
ajfa-6021	210	18	large	large	ADJ
ajfa-6021	210	19	-	-	PUNCT
ajfa-6021	210	20	scale	scale	NOUN
ajfa-6021	210	21	funds	fund	NOUN
ajfa-6021	210	22	.	.	PUNCT
ajfa-6021	211	1	the	the	DET
ajfa-6021	211	2	relationship	relationship	NOUN
ajfa-6021	211	3	with	with	ADP
ajfa-6021	211	4	performance	performance	NOUN
ajfa-6021	211	5	was	be	AUX
ajfa-6021	211	6	enhanced	enhance	VERB
ajfa-6021	211	7	as	as	SCONJ
ajfa-6021	211	8	purchase	purchase	NOUN
ajfa-6021	211	9	amounts	amount	NOUN
ajfa-6021	211	10	increased	increase	VERB
ajfa-6021	211	11	.	.	PUNCT
ajfa-6021	212	1	shu	shu	PROPN
ajfa-6021	212	2	et	et	PROPN
ajfa-6021	212	3	al	al	PROPN
ajfa-6021	212	4	.	.	PROPN
ajfa-6021	213	1	(	(	PUNCT
ajfa-6021	213	2	2002	2002	NUM
ajfa-6021	213	3	)	)	PUNCT
ajfa-6021	213	4	held	hold	VERB
ajfa-6021	213	5	that	that	SCONJ
ajfa-6021	213	6	the	the	DET
ajfa-6021	213	7	majority	majority	NOUN
ajfa-6021	213	8	of	of	ADP
ajfa-6021	213	9	large	large	ADJ
ajfa-6021	213	10	-	-	PUNCT
ajfa-6021	213	11	scale	scale	NOUN
ajfa-6021	213	12	fund	fund	NOUN
ajfa-6021	213	13	investors	investor	NOUN
ajfa-6021	213	14	are	be	AUX
ajfa-6021	213	15	small	small	ADJ
ajfa-6021	213	16	investors	investor	NOUN
ajfa-6021	213	17	,	,	PUNCT
ajfa-6021	213	18	investors	investor	NOUN
ajfa-6021	213	19	who	who	PRON
ajfa-6021	213	20	prefer	prefer	VERB
ajfa-6021	213	21	to	to	PART
ajfa-6021	213	22	purchase	purchase	VERB
ajfa-6021	213	23	funds	fund	NOUN
ajfa-6021	213	24	and	and	CCONJ
ajfa-6021	213	25	sell	sell	VERB
ajfa-6021	213	26	them	they	PRON
ajfa-6021	213	27	quickly	quickly	ADV
ajfa-6021	213	28	for	for	SCONJ
ajfa-6021	213	29	profit	profit	NOUN
ajfa-6021	213	30	to	to	PART
ajfa-6021	213	31	realize	realize	VERB
ajfa-6021	213	32	short	short	ADJ
ajfa-6021	213	33	-	-	PUNCT
ajfa-6021	213	34	term	term	NOUN
ajfa-6021	213	35	gains	gain	NOUN
ajfa-6021	213	36	.	.	PUNCT
ajfa-6021	214	1	the	the	DET
ajfa-6021	214	2	empirical	empirical	ADJ
ajfa-6021	214	3	results	result	NOUN
ajfa-6021	214	4	of	of	ADP
ajfa-6021	214	5	this	this	DET
ajfa-6021	214	6	study	study	NOUN
ajfa-6021	214	7	also	also	ADV
ajfa-6021	214	8	indicate	indicate	VERB
ajfa-6021	214	9	that	that	SCONJ
ajfa-6021	214	10	both	both	PRON
ajfa-6021	214	11	insured	insure	VERB
ajfa-6021	214	12	and	and	CCONJ
ajfa-6021	214	13	noninsured	noninsure	VERB
ajfa-6021	214	14	investors	investor	NOUN
ajfa-6021	214	15	of	of	ADP
ajfa-6021	214	16	large	large	ADJ
ajfa-6021	214	17	-	-	PUNCT
ajfa-6021	214	18	scale	scale	NOUN
ajfa-6021	214	19	funds	fund	NOUN
ajfa-6021	214	20	preferred	prefer	VERB
ajfa-6021	214	21	to	to	PART
ajfa-6021	214	22	purchase	purchase	VERB
ajfa-6021	214	23	funds	fund	NOUN
ajfa-6021	214	24	with	with	ADP
ajfa-6021	214	25	high	high	ADJ
ajfa-6021	214	26	expense	expense	NOUN
ajfa-6021	214	27	ratios	ratio	NOUN
ajfa-6021	214	28	and	and	CCONJ
ajfa-6021	214	29	turnover	turnover	NOUN
ajfa-6021	214	30	.	.	PUNCT
ajfa-6021	215	1	expense	expense	NOUN
ajfa-6021	215	2	ratios	ratio	NOUN
ajfa-6021	215	3	include	include	VERB
ajfa-6021	215	4	advertising	advertising	NOUN
ajfa-6021	215	5	expenses	expense	NOUN
ajfa-6021	215	6	.	.	PUNCT
ajfa-6021	216	1	thus	thus	ADV
ajfa-6021	216	2	,	,	PUNCT
ajfa-6021	216	3	high	high	ADJ
ajfa-6021	216	4	expense	expense	NOUN
ajfa-6021	216	5	ratios	ratio	NOUN
ajfa-6021	216	6	may	may	AUX
ajfa-6021	216	7	increase	increase	VERB
ajfa-6021	216	8	the	the	DET
ajfa-6021	216	9	visibility	visibility	NOUN
ajfa-6021	216	10	of	of	ADP
ajfa-6021	216	11	funds	fund	NOUN
ajfa-6021	216	12	and	and	CCONJ
ajfa-6021	216	13	encourage	encourage	VERB
ajfa-6021	216	14	an	an	DET
ajfa-6021	216	15	increased	increase	VERB
ajfa-6021	216	16	number	number	NOUN
ajfa-6021	216	17	of	of	ADP
ajfa-6021	216	18	people	people	NOUN
ajfa-6021	216	19	to	to	PART
ajfa-6021	216	20	purchase	purchase	VERB
ajfa-6021	216	21	funds	fund	NOUN
ajfa-6021	216	22	.	.	PUNCT
ajfa-6021	217	1	these	these	DET
ajfa-6021	217	2	results	result	NOUN
ajfa-6021	217	3	are	be	AUX
ajfa-6021	217	4	consistent	consistent	ADJ
ajfa-6021	217	5	with	with	ADP
ajfa-6021	217	6	those	those	PRON
ajfa-6021	217	7	of	of	ADP
ajfa-6021	217	8	jank	jank	PROPN
ajfa-6021	217	9	and	and	CCONJ
ajfa-6021	217	10	michael	michael	PROPN
ajfa-6021	217	11	(	(	PUNCT
ajfa-6021	217	12	2013	2013	NUM
ajfa-6021	217	13	)	)	PUNCT
ajfa-6021	217	14	.	.	PUNCT
ajfa-6021	218	1	references	reference	NOUN
ajfa-6021	218	2	banz	banz	VERB
ajfa-6021	218	3	,	,	PUNCT
ajfa-6021	218	4	r.	r.	PROPN
ajfa-6021	218	5	w.	w.	PROPN
ajfa-6021	218	6	(	(	PUNCT
ajfa-6021	218	7	1981	1981	NUM
ajfa-6021	218	8	)	)	PUNCT
ajfa-6021	218	9	.	.	PUNCT
ajfa-6021	219	1	the	the	DET
ajfa-6021	219	2	relationship	relationship	NOUN
ajfa-6021	219	3	between	between	ADP
ajfa-6021	219	4	return	return	NOUN
ajfa-6021	219	5	and	and	CCONJ
ajfa-6021	219	6	market	market	NOUN
ajfa-6021	219	7	value	value	NOUN
ajfa-6021	219	8	of	of	ADP
ajfa-6021	219	9	common	common	ADJ
ajfa-6021	219	10	stocks	stock	NOUN
ajfa-6021	219	11	.	.	PUNCT
ajfa-6021	220	1	journal	journal	NOUN
ajfa-6021	220	2	of	of	ADP
ajfa-6021	220	3	financial	financial	ADJ
ajfa-6021	220	4	economics	economic	NOUN
ajfa-6021	220	5	,	,	PUNCT
ajfa-6021	220	6	9(1	9(1	NUM
ajfa-6021	220	7	)	)	PUNCT
ajfa-6021	220	8	,	,	PUNCT
ajfa-6021	220	9	3	3	NUM
ajfa-6021	220	10	-	-	SYM
ajfa-6021	220	11	18	18	NUM
ajfa-6021	220	12	.	.	PUNCT
ajfa-6021	221	1	http://dx.doi.org/10.1016/0304-405x(81)90018-0	http://dx.doi.org/10.1016/0304-405x(81)90018-0	PROPN
ajfa-6021	221	2	barber	barber	PROPN
ajfa-6021	221	3	,	,	PUNCT
ajfa-6021	221	4	b.	b.	PROPN
ajfa-6021	221	5	m.	m.	PROPN
ajfa-6021	221	6	,	,	PUNCT
ajfa-6021	221	7	odean	odean	ADJ
ajfa-6021	221	8	,	,	PUNCT
ajfa-6021	221	9	t.	t.	PROPN
ajfa-6021	221	10	,	,	PUNCT
ajfa-6021	221	11	and	and	CCONJ
ajfa-6021	221	12	lu	lu	PROPN
ajfa-6021	221	13	,	,	PUNCT
ajfa-6021	221	14	z.	z.	PROPN
ajfa-6021	221	15	(	(	PUNCT
ajfa-6021	221	16	2005	2005	NUM
ajfa-6021	221	17	)	)	PUNCT
ajfa-6021	221	18	.	.	PUNCT
ajfa-6021	222	1	out	out	ADP
ajfa-6021	222	2	of	of	ADP
ajfa-6021	222	3	sight	sight	NOUN
ajfa-6021	222	4	,	,	PUNCT
ajfa-6021	222	5	out	out	ADP
ajfa-6021	222	6	of	of	ADP
ajfa-6021	222	7	mind	mind	NOUN
ajfa-6021	222	8	:	:	PUNCT
ajfa-6021	222	9	the	the	DET
ajfa-6021	222	10	effects	effect	NOUN
ajfa-6021	222	11	of	of	ADP
ajfa-6021	222	12	expenses	expense	NOUN
ajfa-6021	222	13	on	on	ADP
ajfa-6021	222	14	mutual	mutual	ADJ
ajfa-6021	222	15	fund	fund	NOUN
ajfa-6021	222	16	flows	flow	NOUN
ajfa-6021	222	17	.	.	PUNCT
ajfa-6021	223	1	the	the	DET
ajfa-6021	223	2	journal	journal	NOUN
ajfa-6021	223	3	of	of	ADP
ajfa-6021	223	4	business	business	NOUN
ajfa-6021	223	5	,	,	PUNCT
ajfa-6021	223	6	78(6	78(6	NOUN
ajfa-6021	223	7	)	)	PUNCT
ajfa-6021	223	8	,	,	PUNCT
ajfa-6021	223	9	2095	2095	NUM
ajfa-6021	223	10	-	-	SYM
ajfa-6021	223	11	2119	2119	NUM
ajfa-6021	223	12	.	.	PUNCT
ajfa-6021	224	1	http://dx.doi.org/10.1086/497042	http://dx.doi.org/10.1086/497042	PROPN
ajfa-6021	224	2	chen	chen	PROPN
ajfa-6021	224	3	,	,	PUNCT
ajfa-6021	224	4	a.	a.	PROPN
ajfa-6021	224	5	l.	l.	PROPN
ajfa-6021	224	6	,	,	PUNCT
ajfa-6021	224	7	hung	hung	PROPN
ajfa-6021	224	8	,	,	PUNCT
ajfa-6021	224	9	c.	c.	PROPN
ajfa-6021	224	10	l.	l.	PROPN
ajfa-6021	224	11	,	,	PUNCT
ajfa-6021	224	12	and	and	CCONJ
ajfa-6021	224	13	lee	lee	PROPN
ajfa-6021	224	14	,	,	PUNCT
ajfa-6021	224	15	w.	w.	PROPN
ajfa-6021	224	16	c.	c.	PROPN
ajfa-6021	224	17	(	(	PUNCT
ajfa-6021	224	18	2001	2001	NUM
ajfa-6021	224	19	)	)	PUNCT
ajfa-6021	224	20	.	.	PUNCT
ajfa-6021	225	1	the	the	DET
ajfa-6021	225	2	properties	property	NOUN
ajfa-6021	225	3	of	of	ADP
ajfa-6021	225	4	mutual	mutual	ADJ
ajfa-6021	225	5	fund	fund	NOUN
ajfa-6021	225	6	management	management	NOUN
ajfa-6021	225	7	teams	team	NOUN
ajfa-6021	225	8	and	and	CCONJ
ajfa-6021	225	9	fund	fund	NOUN
ajfa-6021	225	10	performance	performance	NOUN
ajfa-6021	225	11	.	.	PUNCT
ajfa-6021	226	1	review	review	NOUN
ajfa-6021	226	2	of	of	ADP
ajfa-6021	226	3	securities	security	NOUN
ajfa-6021	226	4	and	and	CCONJ
ajfa-6021	226	5	futures	future	NOUN
ajfa-6021	226	6	markets	market	NOUN
ajfa-6021	226	7	,	,	PUNCT
ajfa-6021	226	8	13(3	13(3	NUM
ajfa-6021	226	9	)	)	PUNCT
ajfa-6021	226	10	,	,	PUNCT
ajfa-6021	226	11	asian	asian	ADJ
ajfa-6021	226	12	journal	journal	NOUN
ajfa-6021	226	13	of	of	ADP
ajfa-6021	226	14	finance	finance	PROPN
ajfa-6021	226	15	&	&	CCONJ
ajfa-6021	226	16	accounting	accounting	PROPN
ajfa-6021	226	17	issn	issn	PROPN
ajfa-6021	226	18	1946	1946	NUM
ajfa-6021	226	19	-	-	PUNCT
ajfa-6021	226	20	052x	052x	NOUN
ajfa-6021	226	21	2015	2015	NUM
ajfa-6021	226	22	,	,	PUNCT
ajfa-6021	226	23	vol	vol	NOUN
ajfa-6021	226	24	.	.	PROPN
ajfa-6021	226	25	7	7	NUM
ajfa-6021	226	26	,	,	PUNCT
ajfa-6021	226	27	no	no	INTJ
ajfa-6021	226	28	.	.	NOUN
ajfa-6021	226	29	1	1	NUM
ajfa-6021	226	30	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6021	226	31	12	12	NUM
ajfa-6021	226	32	1	1	NUM
ajfa-6021	226	33	-	-	SYM
ajfa-6021	226	34	28	28	NUM
ajfa-6021	226	35	.	.	PUNCT
ajfa-6021	227	1	http://dx.doi.org/10.1111/j.1467-8683.2011.00858.x	http://dx.doi.org/10.1111/j.1467-8683.2011.00858.x	PROPN
ajfa-6021	227	2	chen	chen	PROPN
ajfa-6021	227	3	,	,	PUNCT
ajfa-6021	227	4	c.	c.	PROPN
ajfa-6021	227	5	r.	r.	PROPN
ajfa-6021	227	6	and	and	CCONJ
ajfa-6021	227	7	huang	huang	PROPN
ajfa-6021	227	8	,	,	PUNCT
ajfa-6021	227	9	y.	y.	PROPN
ajfa-6021	227	10	(	(	PUNCT
ajfa-6021	227	11	2011	2011	NUM
ajfa-6021	227	12	)	)	PUNCT
ajfa-6021	227	13	.	.	PUNCT
ajfa-6021	228	1	mutual	mutual	ADJ
ajfa-6021	228	2	fund	fund	NOUN
ajfa-6021	228	3	governance	governance	NOUN
ajfa-6021	228	4	and	and	CCONJ
ajfa-6021	228	5	performance	performance	NOUN
ajfa-6021	228	6	:	:	PUNCT
ajfa-6021	228	7	a	a	DET
ajfa-6021	228	8	quantile	quantile	ADJ
ajfa-6021	228	9	regression	regression	NOUN
ajfa-6021	228	10	analysis	analysis	NOUN
ajfa-6021	228	11	of	of	ADP
ajfa-6021	228	12	morningstar	morningstar	NOUN
ajfa-6021	228	13	's	's	PART
ajfa-6021	228	14	stewardship	stewardship	NOUN
ajfa-6021	228	15	grade	grade	NOUN
ajfa-6021	228	16	.	.	PUNCT
ajfa-6021	229	1	corporate	corporate	ADJ
ajfa-6021	229	2	governance	governance	NOUN
ajfa-6021	229	3	:	:	PUNCT
ajfa-6021	229	4	an	an	DET
ajfa-6021	229	5	international	international	ADJ
ajfa-6021	229	6	review	review	NOUN
ajfa-6021	229	7	,	,	PUNCT
ajfa-6021	229	8	19(4	19(4	PROPN
ajfa-6021	229	9	)	)	PUNCT
ajfa-6021	229	10	,	,	PUNCT
ajfa-6021	229	11	311	311	NUM
ajfa-6021	229	12	-	-	SYM
ajfa-6021	229	13	333	333	NUM
ajfa-6021	229	14	.	.	PUNCT
ajfa-6021	230	1	chiu	chiu	PROPN
ajfa-6021	230	2	,	,	PUNCT
ajfa-6021	230	3	l.	l.	PROPN
ajfa-6021	230	4	c.	c.	PROPN
ajfa-6021	230	5	(	(	PUNCT
ajfa-6021	230	6	2011	2011	NUM
ajfa-6021	230	7	)	)	PUNCT
ajfa-6021	230	8	.	.	PUNCT
ajfa-6021	231	1	fund	fund	NOUN
ajfa-6021	231	2	governance	governance	NOUN
ajfa-6021	231	3	of	of	ADP
ajfa-6021	231	4	investment	investment	NOUN
ajfa-6021	231	5	trust	trust	NOUN
ajfa-6021	231	6	companies	company	NOUN
ajfa-6021	231	7	and	and	CCONJ
ajfa-6021	231	8	mutual	mutual	ADJ
ajfa-6021	231	9	fund	fund	NOUN
ajfa-6021	231	10	performance	performance	NOUN
ajfa-6021	231	11	.	.	PUNCT
ajfa-6021	232	1	review	review	NOUN
ajfa-6021	232	2	of	of	ADP
ajfa-6021	232	3	securities	security	NOUN
ajfa-6021	232	4	and	and	CCONJ
ajfa-6021	232	5	futures	future	NOUN
ajfa-6021	232	6	markets	market	NOUN
ajfa-6021	232	7	,	,	PUNCT
ajfa-6021	232	8	23(2	23(2	NUM
ajfa-6021	232	9	)	)	PUNCT
ajfa-6021	232	10	,	,	PUNCT
ajfa-6021	232	11	225	225	NUM
ajfa-6021	232	12	-	-	SYM
ajfa-6021	232	13	266	266	NUM
ajfa-6021	232	14	.	.	PUNCT
ajfa-6021	233	1	edelen	edelen	PROPN
ajfa-6021	233	2	,	,	PUNCT
ajfa-6021	233	3	r.	r.	PROPN
ajfa-6021	233	4	m.	m.	PROPN
ajfa-6021	233	5	(	(	PUNCT
ajfa-6021	233	6	1999	1999	NUM
ajfa-6021	233	7	)	)	PUNCT
ajfa-6021	233	8	.	.	PUNCT
ajfa-6021	234	1	investor	investor	NOUN
ajfa-6021	234	2	flows	flow	NOUN
ajfa-6021	234	3	and	and	CCONJ
ajfa-6021	234	4	the	the	DET
ajfa-6021	234	5	assessed	assessed	ADJ
ajfa-6021	234	6	performance	performance	NOUN
ajfa-6021	234	7	of	of	ADP
ajfa-6021	234	8	open	open	ADJ
ajfa-6021	234	9	-	-	PUNCT
ajfa-6021	234	10	end	end	NOUN
ajfa-6021	234	11	mutual	mutual	ADJ
ajfa-6021	234	12	funds	fund	NOUN
ajfa-6021	234	13	.	.	PUNCT
ajfa-6021	235	1	journal	journal	NOUN
ajfa-6021	235	2	of	of	ADP
ajfa-6021	235	3	financial	financial	ADJ
ajfa-6021	235	4	economics	economic	NOUN
ajfa-6021	235	5	,	,	PUNCT
ajfa-6021	235	6	53(3	53(3	NUM
ajfa-6021	235	7	)	)	PUNCT
ajfa-6021	235	8	,	,	PUNCT
ajfa-6021	235	9	439	439	NUM
ajfa-6021	235	10	-	-	SYM
ajfa-6021	235	11	466	466	NUM
ajfa-6021	235	12	.	.	PUNCT
ajfa-6021	236	1	http://dx.doi.org/10.1016/s0304-405x(99)00028-8	http://dx.doi.org/10.1016/s0304-405x(99)00028-8	PROPN
ajfa-6021	236	2	fu	fu	PROPN
ajfa-6021	236	3	,	,	PUNCT
ajfa-6021	236	4	y.f	y.f	PROPN
ajfa-6021	236	5	.	.	PROPN
ajfa-6021	236	6	,	,	PUNCT
ajfa-6021	236	7	kang	kang	PROPN
ajfa-6021	236	8	,	,	PUNCT
ajfa-6021	236	9	h.h	h.h	PROPN
ajfa-6021	236	10	.	.	PROPN
ajfa-6021	236	11	,	,	PUNCT
ajfa-6021	236	12	and	and	CCONJ
ajfa-6021	236	13	liu	liu	PROPN
ajfa-6021	236	14	,	,	PUNCT
ajfa-6021	236	15	h.	h.	PROPN
ajfa-6021	236	16	c.	c.	PROPN
ajfa-6021	236	17	(	(	PUNCT
ajfa-6021	236	18	2010	2010	NUM
ajfa-6021	236	19	)	)	PUNCT
ajfa-6021	236	20	.	.	PUNCT
ajfa-6021	237	1	fund	fund	NOUN
ajfa-6021	237	2	advertising	advertising	NOUN
ajfa-6021	237	3	effectiveness	effectiveness	NOUN
ajfa-6021	237	4	—	—	PUNCT
ajfa-6021	237	5	subscription	subscription	NOUN
ajfa-6021	237	6	and	and	CCONJ
ajfa-6021	237	7	redemption	redemption	NOUN
ajfa-6021	237	8	.	.	PUNCT
ajfa-6021	238	1	taiwan	taiwan	PROPN
ajfa-6021	238	2	economic	economic	PROPN
ajfa-6021	238	3	review	review	PROPN
ajfa-6021	238	4	,	,	PUNCT
ajfa-6021	238	5	38(3	38(3	NUM
ajfa-6021	238	6	)	)	PUNCT
ajfa-6021	238	7	,	,	PUNCT
ajfa-6021	238	8	459	459	NUM
ajfa-6021	238	9	-	-	SYM
ajfa-6021	238	10	502	502	NUM
ajfa-6021	238	11	.	.	PUNCT
ajfa-6021	239	1	huang	huang	PROPN
ajfa-6021	239	2	,	,	PUNCT
ajfa-6021	239	3	j.	j.	PROPN
ajfa-6021	239	4	,	,	PUNCT
ajfa-6021	239	5	wei	wei	PROPN
ajfa-6021	239	6	,	,	PUNCT
ajfa-6021	239	7	k.	k.	PROPN
ajfa-6021	239	8	d.	d.	PROPN
ajfa-6021	239	9	,	,	PUNCT
ajfa-6021	239	10	and	and	CCONJ
ajfa-6021	239	11	hong	hong	PROPN
ajfa-6021	239	12	,	,	PUNCT
ajfa-6021	239	13	y.	y.	PROPN
ajfa-6021	239	14	(	(	PUNCT
ajfa-6021	239	15	2007	2007	NUM
ajfa-6021	239	16	)	)	PUNCT
ajfa-6021	239	17	.	.	PUNCT
ajfa-6021	240	1	participation	participation	NOUN
ajfa-6021	240	2	costs	cost	NOUN
ajfa-6021	240	3	and	and	CCONJ
ajfa-6021	240	4	the	the	DET
ajfa-6021	240	5	sensitivity	sensitivity	NOUN
ajfa-6021	240	6	of	of	ADP
ajfa-6021	240	7	fund	fund	NOUN
ajfa-6021	240	8	flows	flow	NOUN
ajfa-6021	240	9	to	to	ADP
ajfa-6021	240	10	past	past	ADJ
ajfa-6021	240	11	performance	performance	NOUN
ajfa-6021	240	12	.	.	PUNCT
ajfa-6021	241	1	the	the	DET
ajfa-6021	241	2	journal	journal	PROPN
ajfa-6021	241	3	of	of	ADP
ajfa-6021	241	4	finance	finance	NOUN
ajfa-6021	241	5	,	,	PUNCT
ajfa-6021	241	6	62(3	62(3	NOUN
ajfa-6021	241	7	)	)	PUNCT
ajfa-6021	241	8	,	,	PUNCT
ajfa-6021	241	9	1273	1273	NUM
ajfa-6021	241	10	-	-	SYM
ajfa-6021	241	11	1311	1311	NUM
ajfa-6021	241	12	.	.	PUNCT
ajfa-6021	242	1	http://dx.doi.org/10.1111/j.1540-6261.2007.01236.x	http://dx.doi.org/10.1111/j.1540-6261.2007.01236.x	ADJ
ajfa-6021	242	2	ippolito	ippolito	PROPN
ajfa-6021	242	3	,	,	PUNCT
ajfa-6021	242	4	r.	r.	PROPN
ajfa-6021	242	5	a.	a.	PROPN
ajfa-6021	242	6	(	(	PUNCT
ajfa-6021	242	7	1992	1992	NUM
ajfa-6021	242	8	)	)	PUNCT
ajfa-6021	242	9	.	.	PUNCT
ajfa-6021	243	1	consumer	consumer	NOUN
ajfa-6021	243	2	reaction	reaction	NOUN
ajfa-6021	243	3	to	to	ADP
ajfa-6021	243	4	measures	measure	NOUN
ajfa-6021	243	5	of	of	ADP
ajfa-6021	243	6	poor	poor	ADJ
ajfa-6021	243	7	quality	quality	NOUN
ajfa-6021	243	8	:	:	PUNCT
ajfa-6021	243	9	evidence	evidence	NOUN
ajfa-6021	243	10	from	from	ADP
ajfa-6021	243	11	the	the	DET
ajfa-6021	243	12	mutual	mutual	ADJ
ajfa-6021	243	13	fund	fund	NOUN
ajfa-6021	243	14	industry	industry	NOUN
ajfa-6021	243	15	.	.	PUNCT
ajfa-6021	244	1	journal	journal	PROPN
ajfa-6021	244	2	of	of	ADP
ajfa-6021	244	3	law	law	NOUN
ajfa-6021	244	4	and	and	CCONJ
ajfa-6021	244	5	economics	economic	NOUN
ajfa-6021	244	6	,	,	PUNCT
ajfa-6021	244	7	35(1	35(1	NUM
ajfa-6021	244	8	)	)	PUNCT
ajfa-6021	244	9	,	,	PUNCT
ajfa-6021	244	10	45	45	NUM
ajfa-6021	244	11	-	-	SYM
ajfa-6021	244	12	70	70	NUM
ajfa-6021	244	13	.	.	PUNCT
ajfa-6021	245	1	http://dx.doi.org/10.1086/467244	http://dx.doi.org/10.1086/467244	PROPN
ajfa-6021	245	2	jank	jank	PROPN
ajfa-6021	245	3	,	,	PUNCT
ajfa-6021	245	4	s.	s.	PROPN
ajfa-6021	245	5	and	and	CCONJ
ajfa-6021	245	6	wedow	wedow	NOUN
ajfa-6021	245	7	,	,	PUNCT
ajfa-6021	245	8	m.	m.	NOUN
ajfa-6021	245	9	(	(	PUNCT
ajfa-6021	245	10	2013	2013	NUM
ajfa-6021	245	11	)	)	PUNCT
ajfa-6021	245	12	.	.	PUNCT
ajfa-6021	246	1	purchase	purchase	NOUN
ajfa-6021	246	2	and	and	CCONJ
ajfa-6021	246	3	redemption	redemption	NOUN
ajfa-6021	246	4	decisions	decision	NOUN
ajfa-6021	246	5	of	of	ADP
ajfa-6021	246	6	mutual	mutual	ADJ
ajfa-6021	246	7	fund	fund	NOUN
ajfa-6021	246	8	investors	investor	NOUN
ajfa-6021	246	9	and	and	CCONJ
ajfa-6021	246	10	the	the	DET
ajfa-6021	246	11	role	role	NOUN
ajfa-6021	246	12	of	of	ADP
ajfa-6021	246	13	fund	fund	NOUN
ajfa-6021	246	14	families	family	NOUN
ajfa-6021	246	15	.	.	PUNCT
ajfa-6021	247	1	the	the	DET
ajfa-6021	247	2	european	european	PROPN
ajfa-6021	247	3	journal	journal	PROPN
ajfa-6021	247	4	of	of	ADP
ajfa-6021	247	5	finance	finance	NOUN
ajfa-6021	247	6	,	,	PUNCT
ajfa-6021	247	7	19(2	19(2	NUM
ajfa-6021	247	8	)	)	PUNCT
ajfa-6021	247	9	,	,	PUNCT
ajfa-6021	247	10	127	127	NUM
ajfa-6021	247	11	-	-	SYM
ajfa-6021	247	12	144	144	NUM
ajfa-6021	247	13	.	.	PUNCT
ajfa-6021	248	1	http://dx.doi.org/10.1080/1351847x.2012.662908	http://dx.doi.org/10.1080/1351847x.2012.662908	AUX
ajfa-6021	248	2	kao	kao	PROPN
ajfa-6021	248	3	,	,	PUNCT
ajfa-6021	248	4	l.	l.	PROPN
ajfa-6021	248	5	f.	f.	PROPN
ajfa-6021	248	6	,	,	PUNCT
ajfa-6021	248	7	chen	chen	PROPN
ajfa-6021	248	8	,	,	PUNCT
ajfa-6021	248	9	a.	a.	PROPN
ajfa-6021	248	10	l.	l.	PROPN
ajfa-6021	248	11	,	,	PUNCT
ajfa-6021	248	12	tang	tang	PROPN
ajfa-6021	248	13	,	,	PUNCT
ajfa-6021	248	14	h.	h.	PROPN
ajfa-6021	248	15	w.	w.	PROPN
ajfa-6021	248	16	,	,	PUNCT
ajfa-6021	248	17	and	and	CCONJ
ajfa-6021	248	18	tsao	tsao	NOUN
ajfa-6021	248	19	,	,	PUNCT
ajfa-6021	248	20	m.	m.	NOUN
ajfa-6021	248	21	l.	l.	PROPN
ajfa-6021	248	22	(	(	PUNCT
ajfa-6021	248	23	2005	2005	NUM
ajfa-6021	248	24	)	)	PUNCT
ajfa-6021	248	25	.	.	PUNCT
ajfa-6021	249	1	performance	performance	NOUN
ajfa-6021	249	2	measures	measure	NOUN
ajfa-6021	249	3	for	for	ADP
ajfa-6021	249	4	mutual	mutual	ADJ
ajfa-6021	249	5	funds	fund	NOUN
ajfa-6021	249	6	:	:	PUNCT
ajfa-6021	249	7	a	a	DET
ajfa-6021	249	8	simulation	simulation	NOUN
ajfa-6021	249	9	approach	approach	NOUN
ajfa-6021	249	10	.	.	PUNCT
ajfa-6021	250	1	sun	sun	PROPN
ajfa-6021	250	2	yat	yat	PROPN
ajfa-6021	250	3	-	-	PUNCT
ajfa-6021	250	4	sen	sen	PROPN
ajfa-6021	250	5	management	management	PROPN
ajfa-6021	250	6	review	review	NOUN
ajfa-6021	250	7	,	,	PUNCT
ajfa-6021	250	8	13(3	13(3	NUM
ajfa-6021	250	9	)	)	PUNCT
ajfa-6021	250	10	,	,	PUNCT
ajfa-6021	250	11	667	667	NUM
ajfa-6021	250	12	-	-	SYM
ajfa-6021	250	13	694	694	NUM
ajfa-6021	250	14	.	.	PUNCT
ajfa-6021	251	1	koenker	koenker	PROPN
ajfa-6021	251	2	,	,	PUNCT
ajfa-6021	251	3	r.	r.	PROPN
ajfa-6021	251	4	and	and	CCONJ
ajfa-6021	251	5	bassett	bassett	PROPN
ajfa-6021	251	6	,	,	PUNCT
ajfa-6021	251	7	g.	g.	PROPN
ajfa-6021	251	8	(	(	PUNCT
ajfa-6021	251	9	1978	1978	NUM
ajfa-6021	251	10	)	)	PUNCT
ajfa-6021	251	11	.	.	PUNCT
ajfa-6021	252	1	regression	regression	NOUN
ajfa-6021	252	2	quantiles	quantile	NOUN
ajfa-6021	252	3	.	.	PUNCT
ajfa-6021	253	1	econometrica	econometrica	PROPN
ajfa-6021	253	2	,	,	PUNCT
ajfa-6021	253	3	46	46	NUM
ajfa-6021	253	4	,	,	PUNCT
ajfa-6021	253	5	33	33	NUM
ajfa-6021	253	6	-	-	SYM
ajfa-6021	253	7	50	50	NUM
ajfa-6021	253	8	.	.	PUNCT
ajfa-6021	254	1	http://dx.doi.org/10.2307/1913643	http://dx.doi.org/10.2307/1913643	PROPN
ajfa-6021	254	2	koenker	koenker	PROPN
ajfa-6021	254	3	,	,	PUNCT
ajfa-6021	254	4	r.	r.	PROPN
ajfa-6021	254	5	and	and	CCONJ
ajfa-6021	254	6	bassett	bassett	PROPN
ajfa-6021	254	7	,	,	PUNCT
ajfa-6021	254	8	g.	g.	PROPN
ajfa-6021	254	9	(	(	PUNCT
ajfa-6021	254	10	1982	1982	NUM
ajfa-6021	254	11	)	)	PUNCT
ajfa-6021	254	12	.	.	PUNCT
ajfa-6021	255	1	tests	test	NOUN
ajfa-6021	255	2	of	of	ADP
ajfa-6021	255	3	linear	linear	ADJ
ajfa-6021	255	4	hypotheses	hypothesis	NOUN
ajfa-6021	255	5	and	and	CCONJ
ajfa-6021	255	6	l1	l1	PROPN
ajfa-6021	255	7	estimation	estimation	PROPN
ajfa-6021	255	8	,	,	PUNCT
ajfa-6021	255	9	econometrica	econometrica	PROPN
ajfa-6021	255	10	,	,	PUNCT
ajfa-6021	255	11	50	50	NUM
ajfa-6021	255	12	,	,	PUNCT
ajfa-6021	255	13	1577	1577	NUM
ajfa-6021	255	14	-	-	SYM
ajfa-6021	255	15	1584	1584	NUM
ajfa-6021	255	16	.	.	PUNCT
ajfa-6021	256	1	http://dx.doi.org/10.2307/1913398	http://dx.doi.org/10.2307/1913398	PROPN
ajfa-6021	256	2	kuan	kuan	PROPN
ajfa-6021	256	3	,	,	PUNCT
ajfa-6021	256	4	c.	c.	PROPN
ajfa-6021	256	5	m.	m.	NOUN
ajfa-6021	256	6	(	(	PUNCT
ajfa-6021	256	7	2003	2003	NUM
ajfa-6021	256	8	)	)	PUNCT
ajfa-6021	256	9	.	.	PUNCT
ajfa-6021	257	1	an	an	DET
ajfa-6021	257	2	introduction	introduction	NOUN
ajfa-6021	257	3	to	to	ADP
ajfa-6021	257	4	quantile	quantile	ADJ
ajfa-6021	257	5	regression	regression	NOUN
ajfa-6021	257	6	,	,	PUNCT
ajfa-6021	257	7	lecture	lecture	NOUN
ajfa-6021	257	8	notes	note	NOUN
ajfa-6021	257	9	,	,	PUNCT
ajfa-6021	257	10	institute	institute	NOUN
ajfa-6021	257	11	of	of	ADP
ajfa-6021	257	12	economics	economic	NOUN
ajfa-6021	257	13	,	,	PUNCT
ajfa-6021	257	14	academia	academia	PROPN
ajfa-6021	257	15	sinica	sinica	PROPN
ajfa-6021	257	16	,	,	PUNCT
ajfa-6021	257	17	http://www.sinica.edu.tw/~ckuan	http://www.sinica.edu.tw/~ckuan	PROPN
ajfa-6021	257	18	,	,	PUNCT
ajfa-6021	257	19	(	(	PUNCT
ajfa-6021	257	20	oct.5	oct.5	NOUN
ajfa-6021	257	21	,	,	PUNCT
ajfa-6021	257	22	2006	2006	NUM
ajfa-6021	257	23	)	)	PUNCT
ajfa-6021	257	24	.	.	PUNCT
ajfa-6021	258	1	li	li	PROPN
ajfa-6021	258	2	,	,	PUNCT
ajfa-6021	258	3	c.	c.	PROPN
ajfa-6021	258	4	a.	a.	PROPN
ajfa-6021	258	5	and	and	CCONJ
ajfa-6021	258	6	lai	lai	PROPN
ajfa-6021	258	7	,	,	PUNCT
ajfa-6021	258	8	h.	h.	PROPN
ajfa-6021	258	9	c.	c.	PROPN
ajfa-6021	258	10	(	(	PUNCT
ajfa-6021	258	11	2009	2009	NUM
ajfa-6021	258	12	)	)	PUNCT
ajfa-6021	258	13	.	.	PUNCT
ajfa-6021	259	1	the	the	DET
ajfa-6021	259	2	effect	effect	NOUN
ajfa-6021	259	3	of	of	ADP
ajfa-6021	259	4	the	the	DET
ajfa-6021	259	5	frequency	frequency	NOUN
ajfa-6021	259	6	of	of	ADP
ajfa-6021	259	7	mutual	mutual	ADJ
ajfa-6021	259	8	fund	fund	NOUN
ajfa-6021	259	9	portfolio	portfolio	NOUN
ajfa-6021	259	10	disclosure	disclosure	NOUN
ajfa-6021	259	11	on	on	ADP
ajfa-6021	259	12	fund	fund	NOUN
ajfa-6021	259	13	managers	manager	NOUN
ajfa-6021	259	14	’	’	PART
ajfa-6021	259	15	behavior	behavior	NOUN
ajfa-6021	259	16	.	.	PUNCT
ajfa-6021	260	1	review	review	NOUN
ajfa-6021	260	2	of	of	ADP
ajfa-6021	260	3	securities	security	NOUN
ajfa-6021	260	4	and	and	CCONJ
ajfa-6021	260	5	futures	future	NOUN
ajfa-6021	260	6	markets	market	NOUN
ajfa-6021	260	7	,	,	PUNCT
ajfa-6021	260	8	21(3	21(3	NUM
ajfa-6021	260	9	)	)	PUNCT
ajfa-6021	260	10	,	,	PUNCT
ajfa-6021	260	11	143	143	NUM
ajfa-6021	260	12	-	-	SYM
ajfa-6021	260	13	178	178	NUM
ajfa-6021	260	14	.	.	PUNCT
ajfa-6021	261	1	pollet	pollet	NOUN
ajfa-6021	261	2	,	,	PUNCT
ajfa-6021	261	3	j.	j.	PROPN
ajfa-6021	261	4	m.	m.	PROPN
ajfa-6021	261	5	and	and	CCONJ
ajfa-6021	261	6	wilson	wilson	PROPN
ajfa-6021	261	7	,	,	PUNCT
ajfa-6021	261	8	m.	m.	NOUN
ajfa-6021	261	9	(	(	PUNCT
ajfa-6021	261	10	2008	2008	NUM
ajfa-6021	261	11	)	)	PUNCT
ajfa-6021	261	12	.	.	PUNCT
ajfa-6021	262	1	how	how	SCONJ
ajfa-6021	262	2	does	do	AUX
ajfa-6021	262	3	size	size	NOUN
ajfa-6021	262	4	affect	affect	VERB
ajfa-6021	262	5	mutual	mutual	ADJ
ajfa-6021	262	6	fund	fund	NOUN
ajfa-6021	262	7	behavior	behavior	NOUN
ajfa-6021	262	8	?	?	PUNCT
ajfa-6021	263	1	the	the	DET
ajfa-6021	263	2	journal	journal	PROPN
ajfa-6021	263	3	of	of	ADP
ajfa-6021	263	4	finance	finance	NOUN
ajfa-6021	263	5	,	,	PUNCT
ajfa-6021	263	6	63(6	63(6	PROPN
ajfa-6021	263	7	)	)	PUNCT
ajfa-6021	263	8	,	,	PUNCT
ajfa-6021	263	9	2941	2941	NUM
ajfa-6021	263	10	-	-	SYM
ajfa-6021	263	11	2969	2969	NUM
ajfa-6021	263	12	.	.	PUNCT
ajfa-6021	264	1	http://dx.doi.org/10.1111/j.1540-6261.2008.01417.x	http://dx.doi.org/10.1111/j.1540-6261.2008.01417.x	NOUN
ajfa-6021	264	2	reinganum	reinganum	NOUN
ajfa-6021	264	3	,	,	PUNCT
ajfa-6021	264	4	m.	m.	PROPN
ajfa-6021	264	5	r.	r.	PROPN
ajfa-6021	264	6	(	(	PUNCT
ajfa-6021	264	7	1981	1981	NUM
ajfa-6021	264	8	)	)	PUNCT
ajfa-6021	264	9	.	.	PUNCT
ajfa-6021	265	1	a	a	DET
ajfa-6021	265	2	new	new	ADJ
ajfa-6021	265	3	empirical	empirical	ADJ
ajfa-6021	265	4	perspective	perspective	NOUN
ajfa-6021	265	5	on	on	ADP
ajfa-6021	265	6	the	the	DET
ajfa-6021	265	7	capm	capm	PROPN
ajfa-6021	265	8	.	.	PUNCT
ajfa-6021	266	1	journal	journal	PROPN
ajfa-6021	266	2	of	of	ADP
ajfa-6021	266	3	financial	financial	ADJ
ajfa-6021	266	4	and	and	CCONJ
ajfa-6021	266	5	quantitative	quantitative	ADJ
ajfa-6021	266	6	analysis	analysis	NOUN
ajfa-6021	266	7	,	,	PUNCT
ajfa-6021	266	8	16(4	16(4	NUM
ajfa-6021	266	9	)	)	PUNCT
ajfa-6021	266	10	,	,	PUNCT
ajfa-6021	266	11	439	439	NUM
ajfa-6021	266	12	-	-	SYM
ajfa-6021	266	13	462	462	NUM
ajfa-6021	266	14	.	.	PUNCT
ajfa-6021	267	1	http://dx.doi.org/10.2307/2330365	http://dx.doi.org/10.2307/2330365	PROPN
ajfa-6021	267	2	shu	shu	PROPN
ajfa-6021	267	3	,	,	PUNCT
ajfa-6021	267	4	p.	p.	PROPN
ajfa-6021	267	5	g.	g.	PROPN
ajfa-6021	267	6	,	,	PUNCT
ajfa-6021	267	7	yeh	yeh	PROPN
ajfa-6021	267	8	,	,	PUNCT
ajfa-6021	267	9	y.	y.	PROPN
ajfa-6021	267	10	h.	h.	PROPN
ajfa-6021	267	11	,	,	PUNCT
ajfa-6021	267	12	and	and	CCONJ
ajfa-6021	267	13	yamada	yamada	PROPN
ajfa-6021	267	14	,	,	PUNCT
ajfa-6021	267	15	t.	t.	PROPN
ajfa-6021	267	16	(	(	PUNCT
ajfa-6021	267	17	2002	2002	NUM
ajfa-6021	267	18	)	)	PUNCT
ajfa-6021	267	19	.	.	PUNCT
ajfa-6021	268	1	the	the	DET
ajfa-6021	268	2	behavior	behavior	NOUN
ajfa-6021	268	3	of	of	ADP
ajfa-6021	268	4	taiwan	taiwan	PROPN
ajfa-6021	268	5	mutual	mutual	ADJ
ajfa-6021	268	6	fund	fund	NOUN
ajfa-6021	268	7	asian	asian	PROPN
ajfa-6021	268	8	journal	journal	PROPN
ajfa-6021	268	9	of	of	ADP
ajfa-6021	268	10	finance	finance	PROPN
ajfa-6021	268	11	&	&	CCONJ
ajfa-6021	268	12	accounting	accounting	PROPN
ajfa-6021	268	13	issn	issn	PROPN
ajfa-6021	268	14	1946	1946	NUM
ajfa-6021	268	15	-	-	PUNCT
ajfa-6021	268	16	052x	052x	NOUN
ajfa-6021	268	17	2015	2015	NUM
ajfa-6021	268	18	,	,	PUNCT
ajfa-6021	268	19	vol	vol	NOUN
ajfa-6021	268	20	.	.	PROPN
ajfa-6021	268	21	7	7	NUM
ajfa-6021	268	22	,	,	PUNCT
ajfa-6021	268	23	no	no	INTJ
ajfa-6021	268	24	.	.	NOUN
ajfa-6021	268	25	1	1	NUM
ajfa-6021	268	26	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6021	268	27	13	13	NUM
ajfa-6021	268	28	investors	investor	NOUN
ajfa-6021	268	29	—	—	PUNCT
ajfa-6021	268	30	performance	performance	NOUN
ajfa-6021	268	31	and	and	CCONJ
ajfa-6021	268	32	fund	fund	NOUN
ajfa-6021	268	33	flows	flow	NOUN
ajfa-6021	268	34	.	.	PUNCT
ajfa-6021	269	1	pacific	pacific	ADJ
ajfa-6021	269	2	-	-	PUNCT
ajfa-6021	269	3	basin	basin	NOUN
ajfa-6021	269	4	finance	finance	NOUN
ajfa-6021	269	5	journal	journal	NOUN
ajfa-6021	269	6	,	,	PUNCT
ajfa-6021	269	7	10(5	10(5	NUM
ajfa-6021	269	8	)	)	PUNCT
ajfa-6021	269	9	,	,	PUNCT
ajfa-6021	269	10	583	583	NUM
ajfa-6021	269	11	-	-	SYM
ajfa-6021	269	12	600	600	NUM
ajfa-6021	269	13	.	.	PUNCT
ajfa-6021	270	1	http://dx.doi.org/10.1016/s0927-538x(02)00070-7	http://dx.doi.org/10.1016/s0927-538x(02)00070-7	PROPN
ajfa-6021	270	2	sirri	sirri	PROPN
ajfa-6021	270	3	,	,	PUNCT
ajfa-6021	270	4	e.	e.	PROPN
ajfa-6021	270	5	r.	r.	PROPN
ajfa-6021	270	6	and	and	CCONJ
ajfa-6021	270	7	tufano	tufano	ADJ
ajfa-6021	270	8	,	,	PUNCT
ajfa-6021	270	9	p.	p.	NOUN
ajfa-6021	270	10	(	(	PUNCT
ajfa-6021	270	11	1998	1998	NUM
ajfa-6021	270	12	)	)	PUNCT
ajfa-6021	270	13	.	.	PUNCT
ajfa-6021	271	1	costly	costly	ADJ
ajfa-6021	271	2	search	search	NOUN
ajfa-6021	271	3	and	and	CCONJ
ajfa-6021	271	4	mutual	mutual	ADJ
ajfa-6021	271	5	fund	fund	NOUN
ajfa-6021	271	6	flows	flow	VERB
ajfa-6021	271	7	.	.	PUNCT
ajfa-6021	272	1	the	the	DET
ajfa-6021	272	2	journal	journal	NOUN
ajfa-6021	272	3	of	of	ADP
ajfa-6021	272	4	finance	finance	NOUN
ajfa-6021	272	5	,	,	PUNCT
ajfa-6021	272	6	53(5	53(5	NUM
ajfa-6021	272	7	)	)	PUNCT
ajfa-6021	272	8	,	,	PUNCT
ajfa-6021	272	9	1589	1589	NUM
ajfa-6021	272	10	-	-	SYM
ajfa-6021	272	11	1622	1622	NUM
ajfa-6021	272	12	.	.	PUNCT
ajfa-6021	273	1	http://dx.doi.org/10.1111/0022-1082.00066	http://dx.doi.org/10.1111/0022-1082.00066	PROPN
ajfa-6021	273	2	zheng	zheng	PROPN
ajfa-6021	273	3	,	,	PUNCT
ajfa-6021	273	4	l.	l.	PROPN
ajfa-6021	273	5	(	(	PUNCT
ajfa-6021	273	6	1999	1999	NUM
ajfa-6021	273	7	)	)	PUNCT
ajfa-6021	273	8	.	.	PUNCT
ajfa-6021	273	9	is	be	AUX
ajfa-6021	273	10	money	money	NOUN
ajfa-6021	273	11	smart	smart	ADJ
ajfa-6021	273	12	?	?	PUNCT
ajfa-6021	274	1	a	a	DET
ajfa-6021	274	2	study	study	NOUN
ajfa-6021	274	3	of	of	ADP
ajfa-6021	274	4	mutual	mutual	ADJ
ajfa-6021	274	5	fund	fund	NOUN
ajfa-6021	274	6	investors	investor	NOUN
ajfa-6021	274	7	’	’	PART
ajfa-6021	274	8	fund	fund	NOUN
ajfa-6021	274	9	selection	selection	NOUN
ajfa-6021	274	10	ability	ability	NOUN
ajfa-6021	274	11	,	,	PUNCT
ajfa-6021	274	12	journal	journal	NOUN
ajfa-6021	274	13	of	of	ADP
ajfa-6021	274	14	finance	finance	NOUN
ajfa-6021	274	15	,	,	PUNCT
ajfa-6021	274	16	54	54	NUM
ajfa-6021	274	17	,	,	PUNCT
ajfa-6021	274	18	901	901	NUM
ajfa-6021	274	19	-	-	SYM
ajfa-6021	274	20	933	933	NUM
ajfa-6021	274	21	.	.	PUNCT
ajfa-6021	275	1	http://dx.doi.org/10.1111/0022-1082.00131	http://dx.doi.org/10.1111/0022-1082.00131	X
