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?
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A mutual fund's NAV is 32 and it has a 5% front-end load. How much must...
One year ago, Allison purchased 350 shares of a mutual fund which has a front-end load of 5.25 percent. The NAV at the time of purchase was $30. Today, the NAV is $33. The fund had total annual expenses of 1.65 percent. There were no fund distributions this past year. What is Allison's rate of return for the year? Group of answer choices 4.76 percent -1.10 percent -1.04 percent 4.23 percent 5.00 percent You want to buy 1,200 shares of...
Mutual Fund Returns This year Shelly invested $32,000 in a mutual fund with a 2% front end load and estimated annual expenses of 1.69%. The fund's gross return is 7.0%. What is Shelly's first year return net of loads and expenses if expenses are calculated against ending NAV?
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?
The Lemonade Fund has a NAV of $262.52. If the fund's offering price is $280.54, what is the front-end load?
A no–load mutual fund had NAV per share of $24.00 on January 1. On December 31 of the same year the fund's NAV was $26.49. Income distributions were $1.15 and the fund had capital gain distributions of $1.95. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year? What is the geometric average return of a stock that returned 39%, -30%, 48%, -15% and 36% over the last 5 years?
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?
A mutual fund charges a 2% front-end load. If an investor invest $2,000 in the fund and the net asset value per share (NAVPS) is $5,00, how many units can he buy? a. 408 b.400 c.386 d.392
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...
You pay $23,000 to the Laramie Fund, which has a NAV of $19 per share at the beginning of the year. The fund deducted a front-end load of 4%. The securities in the fund increased in value by 10% during the year. The fund's expense ratio is 1.5% and is deducted from year-end asset values. What is your rate of return on the fund if you sell your shares at the end of the year?
You invest in a mutual fund that charges a 3% front-end load, 1% total annual fees, and a 2% back-end load, which decreases 0.5% per year. How much will you pay in fees on a $10,600 investment that does not grow if you cash out after 3 years of no gain?