he 13th of September 2021 is presented in the figure below. Based on the figure and given formation, which of the following best describes the type of fund TFX: open-end active and, index fund, close-end fund, or exchange traded fund (ETF). Please explain your nswers. .00 1.00 6.00 Fund TLW Performance -NAV - Share Price that the off the
he 13th of September 2021 is presented in the figure below. Based on the figure and given formation, which of the following best describes the type of fund TFX: open-end active and, index fund, close-end fund, or exchange traded fund (ETF). Please explain your nswers. .00 1.00 6.00 Fund TLW Performance -NAV - Share Price that the off the
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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Question
![a. The performance of the fund over the past 1-year period from the 14th of September 2020 to
the 13th of September 2021 is presented in the figure below. Based on the figure and given
information, which of the following best describes the type of fund TFX: open-end active
fund, index fund, close-end fund, or exchange traded fund (ETF). Please explain your
answers.
Value of Fund's shares
25.00
20.00
15.00
10.00
5.00
0.00
14/09/2020
23/11/2020
Fund TLW Performance
-NAV
-Share Price
5/02/2021
20/04/2021
30/06/2021
Date
Over the past 1-year period, this fund had a portfolio turnover ratio of 10%.
10/09/2021](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71dbeab8-2d9c-4c0d-97ab-3fcff3a05c0b%2F89ca258f-aa22-403d-bda0-7287f5c6baa4%2F8qvimma_processed.png&w=3840&q=75)
Transcribed Image Text:a. The performance of the fund over the past 1-year period from the 14th of September 2020 to
the 13th of September 2021 is presented in the figure below. Based on the figure and given
information, which of the following best describes the type of fund TFX: open-end active
fund, index fund, close-end fund, or exchange traded fund (ETF). Please explain your
answers.
Value of Fund's shares
25.00
20.00
15.00
10.00
5.00
0.00
14/09/2020
23/11/2020
Fund TLW Performance
-NAV
-Share Price
5/02/2021
20/04/2021
30/06/2021
Date
Over the past 1-year period, this fund had a portfolio turnover ratio of 10%.
10/09/2021
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