2020 (RM)	2019 (RM)	2018 (RM)
Investment Income	45,335,069	13,237,244	19,474,895
Expenses	-6,039,755	-2,270,688	-1,853,602
Net Income before taxation	39,295,314	10,966,556	14,621,293
Net Income after taxation	39,335,238	10,953,497	17,551,931
	2020(RM)	2019 (RM)	2018 (RM)
Total Investments	501,519,061	154,032,209	84,711,928
Other Assets	6,732,463	9,085,056	3,173,994
Total Assets	508,251,524	163,117,265	87,885,922
Total Liabilities	-3,411,047	-2,276,421	-255,684
Number of Unit in Circulation	500,000,000	500,000,000	500,000,000
NAV/Unit Holders Capital per share

1. Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?

b. If growth, income, and capital preservation are the primary objectives of mutual funds, why do we bother to categorize funds by type? Do you think such classifications are helpful in the fund selection process? Explain.