QUESTION 27
Mutual fund management fees may include:
a. Front-end loads. |
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b. Investment advisor fees. |
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c. 12b-1 charges. |
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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 of return did Colin receive on the fund last year (disregard taxes and transaction costs).
a. 20.19%. |
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b. 28.15%. |
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c. 31.23%. |
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d. 34.63%. |
QUESTION 27:-
Mutual fund management fees may include:
d. All of the above
QUESTION 28:-
Rate of return =((26.98-21.6)+0.9+1.2)/21.6 =34.63%
QUESTION 27 Mutual fund management fees may include: a. Front-end loads. b. Investment advisor fees. c....