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stor purchases a fund with a NAVPS of $5.AS. After holding it for one year, the NAVPS was $6.50. Six months later, after holding it

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stor purchases a fund with a NAVPS of $5.AS. After holding it for one year, the NAVPS was $6.50. Six months later, after holding it for a year and half, the investor sells it for $3.75.The performance of the funds for the time period she held the fund was: +31.19% O +19.27% O - 19.27% - 31.19% Page 8 of 10

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