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Consider the following trading & performance data for JAIS equity mutual fund Assets under management (12 month average) in Mil $289.3 Security Sales (12 month)
Consider the following trading & performance data for JAIS equity mutual fund Assets under management (12 month average) in Mil $289.3 Security Sales (12 month) in Mil $33.3 Expense Ratio 0.50% Pre-Tax Return (3 years' average) 8.98% Tax-adjusted Return (3 years' average) 8.43% Calculate Turnover Ratio ANSWER FORMAT: 123.45 (do not convert in %]
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