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Answered The Global Growth Fund is a load fund with a 6 percent front load fee. It started the year with a net asset value

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Answered The Global Growth Fund is a load fund with a 6 percent front load fee. It started the year with a net asset value (NAV) of $16.50. During the year the fu distributed $1.30, and ot the end of the year its NAV was \$17.95. What was the fund's return, and what was an investor's return? Round your answers t decimal places. The fund's return: % Return on the individual's investment: Why are they different? The answers are different because the fund reports its return based on the and the investrors caiculate their retum based on the

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