A year ago, Gary invested in the Aberdeen Global II Sterling Bond Fund by purchasing 200 shares
Question:
A year ago, Gary invested in the Aberdeen Global II Sterling Bond Fund by purchasing 200 shares at an NAV of £663.81 (Pound sterling). He decides to reinvest all interest and capital gains distributions. Today, he wants to sell his 250 shares at the current NAV of £750. What is the rate of return on this investment if there is a 4.25% initial load?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted: