Mutual fund project Part $1$

Read the Investment Policy Statement for a defined contribution pension plan located on page $126-128$ of your textbook. Select $10$ no$-$load mutual funds so that you can satisfy at least five of the investment options allowed under the IPS. You should have at least $4$ different investment objectives covered by the selected mutual funds. Each selected fund should have at least ten years of financial data available:

A$.$ Prepare a single table showing the following for each of your ten funds:

Fund Name.

Annual total return statistics for the past ten years.

Arithmetic average of annual returns

Geometric Average of annual total returns

Standard deviation of annual total returns

The current value of $$1,000$ invested ten years ago; assuming all distributions were reinvested.

B$.$ Prepare a covariance matrix of the ten funds

c$.$ Prepare a correlation matrix of the ten funds

D$.$ Obtain the prospectus of at least five of your funds and prepare a table showing the five largest holdings of each of your funds.