When Fund H started on 1/1/21, it had $318,225,000 in assets under management (AUM). The annual holding period return was 3.65% in 2021, -20.48% in 2022, and 31.48% in 2023. Some investors redeemed shares, resulting in a net cash outflow of $120,204,000 on 12/31/21. There were also new investors buying the fund shares, resulting in a net cash inflow of $27,885,000 on 12/31/22. The dollar- weighted average return of the fund is % per year during the three-year period. Multiple Choice 3.55 3.86 5.12 4.32 2.97

When Fund H started on 1/1/21, it had $318,225,000 in assets under management (AUM). The annual holding period return was 3.65% in 2021, -20.48% in 2022, and 31.48% in 2023. Some investors redeemed shares, resulting in a net cash outflow of $120,204,000 on 12/31/21. There were also new investors buying the fund shares, resulting in a net cash inflow of $27,885,000 on 12/31/22. The dollar- weighted average return of the fund is % per year during the three-year period. Multiple Choice 3.55 3.86 5.12 4.32 2.97

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A year ago, the Very Large Growth Fund was being quoted at an NAV of $21.18and an offer price of $22.53.Today, it's being quoted at $23.39 (NAV) and $24.88 (offer). What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $0.97 per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. (Hint:You, as an investor, buy fund shares at the offer price and sell at the NAV.)
The New Fund had average daily assets of $2.2 billion in the past year. New Fund's expense ratio was 1.1%, and its management fee was 0.7%. Required: a. What were the total fees paid to the fund's investment managers during the year? (Enter your answer in millions rounded to 1 decimal place.) Total fees paid million b. What were the other administrative expenses? (Enter your answer in millions rounded to 1 decimal place.) Other administrative expenses million
Roger invested in the DWJ Pacific Growth Mutual Fund at the end of 2008. At the end of 2009, the value of his holdings was $1,700, and he calculated that his investment had grown 3.8%. In 2010, the DWJ Fund lost-2.3%. At the end of 2011, Roger calculated that his 3 year average annual return was 5.4%. In the first month of 2012 (January), the DWJ Fund grew 1.3% If the fund continues to grow at the same rate for the remainder of 2012 as it did in January, what will the annual growth rate be? PS4 0.0% annual (%) 12345 6 7 SUBMIT ANSWER EXIT Rang .650 10.150 BA CALCULATED VARIABLES: cagr 0.052 (5.2%) 2011value - $1,905 rate2011 0.147 (14.7%) value2010-$1,661 2009growth - $62 initial- $1,638
The investments in the almo basics contingency fund have current market value of 230 million the fund also has liablities that total 50 million if this mutual fund has 7.5 million shares what is the net asset value
7. Suppose an individual invests $10,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 4 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 126-1 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 5 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 fund over the two-year investment period. (LG 17-5)
A mutual fund sold $58 million of assets during the year and purchased $64 million in assets. If the average daily assets of the fund were $216 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places.) Fund turnover %
Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $13.94. He called Fidelity and asked how the NA Fidelity gave him the following information: Current market value of fund investment Current liabilities Number of shares outstanding Did Fidelity provide Louis with the correct information? O Yes O No $8,780,000 $ 975,000 560,000
Please help!
please answer within 30 minutes.
The New Fund had average daily assets of $3.8 billion in the past year. New Fund's expense ratio was 1.3%, and its management fee was 0.8%. Required: a. What were the total fees paid to the fund's investment managers during the year? (Enter your answer in millions rounded to 2 decimal places.) Total fees paid million b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.) Other administrative expenses million
At the end of yesterday mutual fund XYZ had $7 million in cash, $350 million in securities and 61 million of shares outstanding. At the end of today the value of securities increased by 5% and the number of shares increased by 2%. Calculate fund’s NAV as of today. $5.55 $6.02 $6.19 $5.82
s

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