Rate of Return
Suppose an individual invests $22,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 2.6 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.57 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 6 percent each year paid on the last day of the year. If the investor reinvests the annual returns paid on the investment, calculate the annual return on the mutual funds over the two-year investment period
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Suppose an individual invests $5,000 in a load mutual fund for two years. The load fee...
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...
Suppose an individual invests $40,000 in a load mutual fund for two years. The load fee...
Suppose an individual invests $40,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 3 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.60 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 5 percent each...
Suppose an individual invests $50,000 in a load mutual fund for two years. The load fee...
Suppose an individual invests $50,000 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 0.90 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 5 percent each...
Suppose an individual invests $25,000 in a load mutual fund for two years. The load fee entails an up-front commission...
Suppose an individual invests $25,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 3 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.85 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...
Help Save & Exit Submit Check my work Suppose an individual invests $20,000 in a load...
Help Save & Exit Submit Check my work Suppose an individual invests $20,000 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....
You are considering two mutual funds, Fund A and Fund B, which both return 8.75%. Fund...
You are considering two mutual funds, Fund A and Fund B, which both return 8.75%. Fund A has an expense ratio of 0.70% and 12b-1 fees of 1.80%. Fund B has a front end load of 2.75%, no 12b-1 fees and an expense ratio of 0.21%. The purpose of the investment is to put your brand new baby thru college in 18 years, which is the better choice? Show your work.
The Bruin Stock Fund sells Class A shares that have a front-end load of 7.5 percent,...
The Bruin Stock Fund sells Class A shares that have a front-end load of 7.5 percent, a 12b-1 fee of 0.27 percent, and other fees of 0.71 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.19 percent, and other fees of 0.78 percent. Assume the portfolio return is 11 percent per year. What is the difference in values of $1 invested in each share class if...
The Bruin Stock Fund sells Class A shares that have a front-end load of 7.5 percent,...
The Bruin Stock Fund sells Class A shares that have a front-end load of 7.5 percent, a 12b-1 fee of 0.27 percent, and other fees of 0.71 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.19 percent, and other fees of 0.78 percent. Assume the portfolio return is 11 percent per year. What is the difference in values of $1 invested in each share class if...
Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.75%. Economy...
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% and maintains an expense ratio of 0.70%. Economy...
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 $...
Suppose an individual invests $50,000 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 0.90 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 5 percent each...
Suppose an individual invests $25,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 3 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.85 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...
Help Save & Exit Submit Check my work Suppose an individual invests $20,000 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....
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