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1. You purchased $10,000 worth of Chans Midcap Value Fund at $23.5 NAV. The fund is a no load fund. During the past 12 month,
1. You purchased $10,000 worth of Chans Midcap Value Fund at $23.5 NAV. The fund is a no load fund. During the past 12 month, the fund distributed $0.45 in dividends and the current NAV is $25.35. What is your return last year?
2. High Growth Fund has a front load of 5% and expected return of 13.5%. Normal Fund has no load. And expected return of 12.7%. Which fund would you hold if you expect to hold the fund for 5 years?
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