Mutual fund’s NAV is computed twice a day in the morning and at
the end of trading day.
True or False
NAV = [ Assets - Liabilities ] / No. of Units.
NAV will be calculated in the eveneing after considering the market value of shares & further investements .
Thus the above statment mentioned is wrong.
Mutual fund’s NAV is computed twice a day in the morning and at the end of...
You invest in an open-ended mutual fund with an MER of 0.5%. One year ago, the fund’s NAV was $20. This past year, the stocks held by the fund increased by 10% on average. What is the NAV today?
A mutual fund's NAV is 32 and it has a 5% front-end load. How much must an investor pay if he wants 60 shares?
You invested $30,000 in a mutual fund at the beginning of the year when the NAV was $55.72. At the end of the year, the fund paid $0.28 in short-term distributions and $0.45 in long-term distributions. If the NAV of the fund at the end of the year was $60.84, what was your return for the year?
The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. You sell your shares within six months at an NAV of $11 per share. The redemption fees is 3%. What is your return from this mutual fund investment?
The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. You sell your shares within six months at an NAV of $11 per share. The redemption fees is 3%. What is your return from this mutual fund investment?
The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. How many shares of the mutual fund do you hold?
3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the start of the year. At the end of the year, the mutual fund has $240 million in assets with 22 million shares and its total expense ratio is 1%. 1) What is the NAV at the end of the year? Please take into account the expense ratio.(20points) During the year investors have received income distributions of Si per share and capital gain distributions of...
The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. The investment return of the fund for the year was 10%. You sell your shares. The redemption fees is 3% and the expense ratio is 4%. What is your return from this mutual fund investment?
You want to buy 1,200 shares of a mutual fund that has an NAV of $27.80. The fund charges a 3.75 percent front-end load. How much will you have to spend to make this purchase?
QUESTION 27 Mutual fund management fees may include: a. Front-end loads. b. Investment advisor fees. c. 12b-1 charges. d. All of the above. QUESTION 28 In January of this year, Colin invested in the Alpha Aggressive Growth & Accumulation Fund (Alpha). The fund had NAV per share of $21.60 in January of this year. On December 31 of the same year, the fund’s NAV was $26.98. Income distributions were $0.90 and the fund had capital distributions of $1.20. What rate...