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An investor has $10,000 to invest and is considering the following four alternatives 1.5&P 500 ETE-an ETF that replicates the S&P 50D equity index assume
An investor has $10,000 to invest and is considering the following four alternatives 1.5&P 500 ETE-an ETF that replicates the S&P 50D equity index assume a trading commission of 515 on purchase and management and operating expenses of 0.17% of opening assets every year 2.5&P 500 Mutual Fund -a no load open end mutual fund that replicates the S&P 500 equity index its management and operating expenses are 0.55% of opening assets every year 3. No Load Large Cap Us Equity Mutual Funda no load open end mutual fund that utilizes active management in trying to beat the S&P 500 equity index: Its management and operating expenses are 1,4% of opening assets every year 4. Front Load Large Cap Us Equity Mutual Fund a front end load open end mutual fund that utilizes active management in trying to beat the S&P 500 equity index assume the front end load is 6% and the management and operating expenses are 2.6% of opening assets every year Assume the 10-year average annual return for the S&P 500 is 11,8%. The No Load Large Cap Us Equity Mutual Fund has an average annual return for the past 10 years of 13.1 prior to payment of operating expenses and any distributions. The Front Load Large Cap Us Equity Mutual Fund has an average annual return for the past 10 years of 13 prior to payment of operating expenses and any distributions Fill in the spaces below to indicate how much an investment of $10.000 would accumulate to after 10 years after payment of all sales charges and operating expenses, assuming that all funds continue to earn their historical average annual returns and there have been no distributions SEP 500 ETF (2 marks Number S&P 500 Mutual Fund (2 marks): Number No Load Large Cap Us Equity Mutual Fund (2 marks Number Front Load Large Cap Us Equity Mutual Fund (2 marks): Number
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