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Bought 750 shares of Man Holdings at R90 per share on 26 June 2018. The client then received a dividend on 30 September 2018 of
Bought 750 shares of Man Holdings at R90 per share on 26 June 2018. The client then received a dividend on 30 September 2018 of R15 per share. The dividends were not reinvested. On 19 March of the following year the client instructed you to purchase 500 more of Man Holdings' shares. The share price had risen to R135 per share. A R15 per share dividend was paid out to the client on 30 September of that year. The client then decided to liquidate his position on 26 June 2020 when the share price had reached an all time low of R67 per share. Calculate the money weighted return for the client. Make sure you consider the dates carefully and your answer should be a percentage to 2 decimal places. Money Weighted Return is 96
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