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1. You purchase 5000 shares of ABC fund, which has a NAV of $129.73 and a redemption fee of 2.45% and an expense ratio of
1. You purchase 5000 shares of ABC fund, which has a NAV of $129.73 and a redemption fee of 2.45% and an expense ratio of 1.73%. After 1 year, you decide to redeem your shares of the fund when it has a NAV of $137.91. During that year, you received a distribution of $1.9. What is your holding period return on your investment?
2. The Cache Growth Fund had year-end assets of $8,809,484,834 and liabilities of $572,709,745. What is the net asset value if there are 39,161,490 shares outstanding?
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