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invested in a mutual fund over the past year. You want to calculate the after-load o yourn of the fund. You have the following information.
invested in a mutual fund over the past year. You want to calculate the after-load o yourn of the fund. You have the following information. Calculate the net asset value of the fund. Initial investment: $50,000 Change in asset value: $6,640 Capital gains: $1,240 Income distribution: $330 Load fee: 1% of asset value at end of period Tax rate of investor: 40% # of shares in the total fund: 1 million MULTIPLE CHOICE 11. The most important variable one must consider when managing a clients financial assets is a. b. c. d. Duration of the account Investments Risk Tolerance Interest Rates 12. A market order that expires when the specific requirements are not fulfilled immediately is called a: a. Market Order b. Day Order c. Fill or Kill Order d. Limit Order Your client makes $400,000 per annum and is in a 40% tax bracket. The investor will take some risk in their portfolio. The best type of income/gains from investments for this client would be: 13. a. CD deposit b. Bonds which are triple A rated c. Hedge fund investments d. Stocks which you think will appreciate
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