Abaco fund offers two classes of shares for investors. Class A shares charge 12b-1 fee of 0.75% and maintains an expense ratio of 0.75%. Class B shares charge a front-end load of 2%, a 12b-1 fee of 0.50% and an expense ratio of 0.35%. Assume the rate of return on both funds portfolios (before any fees) is 7% per year and you intend to invest $10,000. How much will an investment in each class of Abaco's shares grow to after 4 years?
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Abaco fund offers two classes of shares for investors. Class A shares charge 12b-1 fee of...
Loaded-Up Fund charges a 12b-1 fee of 0.75% and maintains an expense ratio of 0.50%. Economy Fund charges a front-end load of 3.0%, but has no 12b-1 fee and an expense ratio of 0.25%. Assume the rate of return on both funds’ portfolios (before any fees) is 9% per year. How much will an investment of $1,000 in each fund grow to after: (Round your answers to 2 decimal places.) a. 1 year (Loaded-Up Fund and Economy Fund) b. 3...
Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2.0%, but has no 12b-1 fee and an expense ratio of 0.25%. Assume the rate of return on both funds’ portfolios (before any fees) is 7% per year. How much will an investment of $1,000 in each fund grow to after: (Round your answers to 2 decimal places.) Year 1:_______Economy Fund Year 3:_______Economy Fund Year 10:_______Economy Fund
Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.50%. Economy Fund charges a front-end load of 3.0%, but has no 125-1 fee and an expense ratio of 0.25%. Assume the rate of return on both funds' portfolios (before any fees) is 12% per year. How much will an investment of $1,000 in each fund grow to after: (Round your answers to 2 decimal places.) Loaded-Up Fund Economy Fund 1 year b. 3 years 10...
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.70%. Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of 0.30%. Assume the rate of return on both funds’ portfolios (before any fees) is 8% per year. How much will an investment of $100 in each fund grow to after 12 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Loaded-Up Fund $...
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.60%. Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of 0.40%. Assume the rate of return on both funds’ portfolios (before any fees) is 5% per year. How much will an investment of $100 in each fund grow to after 1 year? Loaded-Up Fund Economy Fund How much will an investment of $100 in each fund grow...
Yellow Hammer Fund has both class A and class B shares. Class A shares are offered with a 3% front-end load with no 12b-1 and a 0.25% annual management fee. Class B shares have no front-end load, a 0.50% 12b-1 fee and annual management fees of 0.75%. Assume that the fund generates an annual return of 6% before management expenses. After five years, how much would a $10,000 in Class A shares be worth? $11,698.59 $11,798.92 $12,828.43 $12,611.60
Vora Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.80%. Vora fund charges a front- end load of 2%, but has no 125-1 fee and an expense ratio of 0.20%. Assume the rate of return on both funds' portfolios (before any fees) is 10% per year. a. How much will an investment of $100 in each fund grow to after 1 year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Loaded-Up...
You are planning to invest $10,000 in a mutual fund. You find one that you like and notice that is offers two classes of shares. Class A shares have a 2% front-end load, 0.25% 12b-1 fee, and 0.50% management fee. Class C shares have no load, but carry a 0.50% 12b-1 fee and 1.00% annual management fee. If the fund earns 6% per year before fees and you plan to sell after seven years, which class do you pick? O...
A mutual fund sells Class A shares with a front-end load of 6% and Class B shares with 12b-1 fees of 1% as well as back-end load fees that starts at 6% and fall by 1% for each holding year. Assume that the fund return net of operating costs is 11% annually. What will be the value of a $10,000 investment in Class A and B if the shares are sold after (a) 1 year; (b) 4 years, or (c)...
Suppose an individual invests $5,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 2 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.75 percent. The annual fees are charged on the average net asset value invested in the fund and are recorded at the end of each year. Investments in the fund return 8 percent each...