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MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want

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MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want to profit from it. Use Fidelity's Website: Www.fidelity.com News and research US equity Small Blend Click on "See Results". Click on "Net fees" to find the fund with the lowest fees. Its ticker symbol is FSSNX. Assume that you invested $10,000 at "inception"; that is, 9/8/2011. Q11. For the 5 years ending October 31, 2020, what percent of the portfolios with this style had higher returns than FSSNX? Q12. Does this indicate that the market for this style (Small Blend) is efficient? Q13. Why or why not? Q14. Provide the following information for the fund that had the highest 5-year return. Name: Ticker Symbol: 5-year Return: Number of holdings: Q15. Does this best-performing portfolio have more risk than the benchmark? Why or why not? MUTUAL FUND EXERCISE FOR SMALL STOCKS >>> You've learned that small stocks outperform large stocks over the long run. Theory is nice, but you want to profit from it. Use Fidelity's Website: Www.fidelity.com News and research US equity Small Blend Click on "See Results". Click on "Net fees" to find the fund with the lowest fees. Its ticker symbol is FSSNX. Assume that you invested $10,000 at "inception"; that is, 9/8/2011. Q11. For the 5 years ending October 31, 2020, what percent of the portfolios with this style had higher returns than FSSNX? Q12. Does this indicate that the market for this style (Small Blend) is efficient? Q13. Why or why not? Q14. Provide the following information for the fund that had the highest 5-year return. Name: Ticker Symbol: 5-year Return: Number of holdings: Q15. Does this best-performing portfolio have more risk than the benchmark? Why or why not

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