What is the net asset value at the start and end of the year? What is the rate of return for an investor in the fund?
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- Consider a mutual fund with OMR400 million in assets at the start of the year and with 20 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of OMR4 million. The stocks included in the portfolio increases in price by 10%, but no securities are sold and there are no
capital gain distributions. The fund charges fees of 3%, which are deducted from the portfolio assets at year end. What is the net asset value at the start and end of the year? What is therate of return for an investor in the fund?
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- Consider a mutual fund with php200 million in assets at the start of the year and with 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of php2 million. The stocks included in the fund's portfolio increase in price by 8%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 1%, which are deducted from portfolio assets at year-end. What is net asset value at the start and end of the year? What is the rate of return for an investor in the fund?Consider a mutual fund with $200 million in assets at the start of the year and 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $2 million. The stocks included in the fund’s portfolio increase in price by 8%, but no securities are sold and there are no capital gains distributions. The fund charges 12b-1 fees of 1%, which are deducted from portfolio assets at year-end. What is the fund’s net asset value at the start and end of the year? What is the rate of return for an investor in the fund?Consider a mutual fund with $250 million in assets at the start of the year and 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $2.2 million. The stocks included in the fund's portfolio increase in price by 6%, but no securities are sold and there are no capital gains distributions. The fund charges 12b-1 fees of 1.00%, which are deducted from portfolio assets at year-end. a. What is the fund's net asset value at the start and end of the year? (Round "End of the year" to 3 decimal places.) b. What is the rate of return for an investor in the fund? (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.)
- Consider a mutual fund with $200 million in assets at the start of the year and with 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $2 million. The stocks included in the fund's portfolio increase in price by 8%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 1%, which are deducted from portfolio assets at year-end. Required: a. What is the net asset value at the start and end of the year? (Enter your answers in dollars rounded to 3 decimal places.) Start of the year End of the year Net Asset Value Rate of return b. What is the rate of return for an investor in the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Per share Per share %Consider a mutual fund with $200 million in assets at the start of the year and with 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $4 million. The stocks included in the fund's portfolio increase in price by 12%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 1%, which are deducted from portfolio assets at year-end. What is the rate of return for an investor in the fund? 12.88% 30.88% 13.00% 31.00%Suppose at the start of the year, a no-load mutual fund has a net value of RM27.15 per share. During the year, it pays its shareholders a capital gain and dividend distribution of RM1.12 per share and finishes the year with NAV of RM30.34. Required: a. b. If at the end of the year, the fund is selling is selling at 5% discount, what is the rate of return? C. What is the return to an investor who holds 2000 shares of this fund in his retirement account? d. Differentiate between open end and closed end funds. Assume at the end of year, the company change its policy and charge. 12b-1 fees of 2%, What is the rate of return?
- Consider a no-load mutual fund with $100 million in assets, 10 million in debt, and 10 million shares at the start of the year; and $120 million in assets, 12 million in debt, and 12 million shares at the end of the year. During the year investors have received income distributions of $0.50 per share, and capital gains distributions of $0.20 per share. Assuming that the fund carries no debt, what is the rate of return on the fund? 0 0% O 7.78% O 27.78% O 10%You pay $22,200 to the Laramie Fund, which has a NAV of $22 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 1.2% 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?Consider a no-load mutual fund with $440 million in assets and 20 million shares at the start of the year and with $490 million in assets and 21 million shares at the end of the year. During the year investors have received income distributions of $3 per share and capital gain distributions of $.30 per share. Assuming that the fund carries no debt, and that the total expense ratio is 1%, what is the rate of return on the fund?
- Consider a no - load mutual fund with $ 500 million in assets , 50 million in debt , and 12 million shares at the start of the year , and $ 600 million in assets , 40 million in debt , and 16 million shares at the end of the year . During the year investors have received income distributions of $ 0.50 per share , and capital gains distributions of $ 0.40 per share . Assuming that the fund carries no debt , and that the total expense ratio is 0.90 % , what is the rate of return on the fund ?Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the year, and $520 million in assets and 13.21 million shares at the end of the year. During the year investors have received income distributions of $2.25 per share, and capital gains distributions of $1.57 per share. Assume that the fund carries no debt. What is the NAV at the END of the year? Group of answer choices 39.36 37.97 38.65 43.65 33.34You purchased 1,900 shares of the New Fund at a price of $15 per share at the beginning of the year. You paid a front-end load of 5%. The securities in which the fund invests increase in value by 10% during the year. The fund's expense ratio is 2.1%. What is your rate of return on the fund if you sell your shares at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)