and M. Ngu, (1997) "Selectivity and Timing: Evidence from the Performance of Malaysian Unit Trusts," Pertanika 5(1), 45-57. Bodie, Z., A. Kane and A.J. Marcus, (2005) Investments, 6th edition (McGraw-Hill, New York). Bollen, =. and J.A. Busse, (2004) "Short-Term Persistence in Mutual Fund Performance,"