Independent variable

F

G

Intercept

0.1350***

0.0917***

(0.000)

(0.000)

Performance (t)

0.4810***

0.4206***

(0.000)

(0.000)

Performance 12 months

0.0492***

0.0396***

(0.000)

(0.000)

Ln(NAV)

−0.0069***

−0.0047***

(0.000)

(0.000)

Flow in prev. month

0.1460***

0.0747**

(0.000)

(0.001)

Flow in last 3 months

0.0702***

0.0883***

(0.000)

(0.000)

Adjusted R2

0.2988

0.3753