Consider the following trading and performance data for four different equity mutual funds: Fund W Fund x Fund y Fund z Assets under Management, $284.4 $662.1 $1,286.4 $5,564.6 Avg. for Past 12 months (mil) Security Sales, $44.6 $566.1 $1,455.6 $438.8 Past 12 months (mil) Expense Ratio 0.33% 0.75% 1.19% 0.24% Pretax Return, 3-year avg. 9.85% 10.65% 10.44% 9.73% Tax-adjusted Return, 3-year avg. 8.84% 8.84% 9.10% 9.04% Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % Fund X: % Fund Y: % Fund Z: %
Consider the following trading and performance data for four different equity mutual funds: Fund W Fund x Fund y Fund z Assets under Management, $284.4 $662.1 $1,286.4 $5,564.6 Avg. for Past 12 months (mil) Security Sales, $44.6 $566.1 $1,455.6 $438.8 Past 12 months (mil) Expense Ratio 0.33% 0.75% 1.19% 0.24% Pretax Return, 3-year avg. 9.85% 10.65% 10.44% 9.73% Tax-adjusted Return, 3-year avg. 8.84% 8.84% 9.10% 9.04% Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % Fund X: % Fund Y: % Fund Z: %
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter3: Data Visualization
Section: Chapter Questions
Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...
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Consider the following trading and performance data for four different equity mutual funds:
Fund W | Fund x | Fund y | Fund z | ||
Assets under Management, | $284.4 | $662.1 | $1,286.4 | $5,564.6 | |
Avg. for Past 12 months (mil) | |||||
Security Sales, | $44.6 | $566.1 | $1,455.6 | $438.8 | |
Past 12 months (mil) | |||||
Expense Ratio | 0.33% | 0.75% | 1.19% | 0.24% | |
Pretax Return, 3-year avg. | 9.85% | 10.65% | 10.44% | 9.73% | |
Tax-adjusted Return, 3-year avg. | 8.84% | 8.84% | 9.10% | 9.04% |
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Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places.
Fund W: %
Fund X: %
Fund Y: %
Fund Z: %
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