Question
A fund has earned +4%, +12%, -2%, +10% over the past 4 years and its fee structure has been 2% of capital under management at
- A fund has earned +4%, +12%, -2%, +10% over the past 4 years and its fee structure has been 2% of capital under management at the start of the year, each year. What is the funds before and after-fee 4-year effective annualĀ performance?
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SOLUTION To calculate the funds before and afterfee 4year effective annual performance we need to first calculate the total return of the fund over th...Get Instant Access to Expert-Tailored Solutions
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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