Independent variable | ZB Euro Eq | ZB Global | ZB Trend |
Intercept | 0.9454*** | 0.1325 | 0.4601 |
| (0.001) | (0.232) | (0.074) |
Performance (t) | −0.057 | 0.4151 | 0.3592 |
| (0.674) | (0.055) | (0.101) |
Performance 12 months | 0.115** | 0.0808 | 0.2018*** |
| (0.002) | (0.090) | (0.001) |
Ln(NAV) | −0.049*** | −0.007 | −0.0250 |
| (0.001) | (0.234) | (0.067) |
Flow in prev. month | 0.054 | 0.1240 | −0.033 |
| (0.716) | (0.310) | (0.7715) |
Flow in last 3 months | 0.1239* | 0.1217* | 0.0378 |
| (0.017) | (0.018) | (0.411) |
Adjusted R2 | 0.3931 | 0.2950 | 0.1292 |